Monday, January 06, 2003 11:26:15 AM
RELATED SYMBOLS: (NOIZ)
HUDSON, N.H., Jan 6, 2003 (BUSINESS WIRE) -- Micronetics, Inc. (Nasdaq:NOIZ)
announced that its Test Solutions Group has entered into an OEM agreement with
Yokogawa Corporation of America to sell Yokogawa's wideband demodulator and
vector signal generator test equipment.
This agreement is designed to strengthen the market position of Micronetics
WAVE3G multipath fading simulator product by providing complimentary RF
conversion devices.
Under terms of this agreement, Micronetics is authorized to sell Yokogowa's
VN6000 Wideband Demodulator and VG6000/VG3000 Vector Signal Generators. These
instruments cover frequency ranges up to 6.2GHz. In combination with Micronetics
Wave 3G Multipath Fader / AWGN generator, these instruments can test for
multipath fading to global industry standards, such as CDMA2000, WCDMA, GSM,
UMTS, GPRS.
Charles Freihofer, Director of Test Solutions, says, "Our handset and
base-station customers are demanding superior RF performance from their
Multipath / AWGN test sets. Our strategy has been to partner where possible with
leading edge companies to deliver excellent, reliable and cost-effective
solutions. The combination of the Yokogawa instruments with the Micronetics
WAVE3G Multipath Fader / AWGN generator exceeds our customers toughest
specifications. This solution also supports our strategy of providing our
customers with modular solutions that permit them to build just the right test
set for their application."
Brad Byrum, General Manager of Yokogawa Corporation of America, stated, "Today
most engineers are looking for complete solutions, not individual pieces of
equipment to integrate into a solution themselves. Micronetics has answered
their call and created an integrated solution that will allow engineers to
quickly develop their carrier-to-noise and multipath fading testing programs
using proven, reliable hardware. I think Micronetics has hit a home-run with
this solution."
Micronetics, operating through its Defense Electronics Group, designs and
manufactures microwave and radio frequency (RF) components and integrated
subassemblies used in a variety of defense, aerospace and commercial
applications. Operating through its Test Solutions, Noise Figure Products and
VCO Products Groups, Micronetics designs and manufactures test equipment and
components that are utilized in or test the strength, durability and integrity
of communication signals in communications equipment. Micronetics serves a
diverse customer base, including Aerosat, Alcatel, BAE Systems, Boeing, EADS,
Ericsson, Honeywell, L-3 Communications, Lockheed Martin, Motorola, NEC,
Northrop Grumman, Raytheon, Southwest Research, Teradyne, Tektronix and Thales.
Micronetics also operates through its wholly-owned subsidiaries, Microwave &
Video Systems, Inc. and Enon Microwave, Inc.
Some of the statements contained in this news release are forward-looking
statements. The accuracy of these statements cannot be guaranteed as they are
subject to a variety of risks, including but not limited to the success of the
products into which the Company's products are integrated, internal projections
as to the demand for certain types of equipment, competitive products and
pricing, the success of new product development efforts, the timely release for
production and the delivery of products under existing contracts, access to
financial resources, future economic conditions generally, as well as other
factors. The information in this release should be reviewed in conjunction with
Micronetics' Annual Report for its fiscal year ended March 31, 2002.
CONTACT: Micronetics, Inc.
Richard S. Kalin, 212/239-8900, ext. 22
RKalin@Micronetics.com
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-0-
KEYWORD: NEW HAMPSHIRE
INDUSTRY KEYWORD: AEROSPACE/DEFENSE
COMPUTERS/ELECTRONICS
HARDWARE
MARKETING
AGREEMENTS
SOURCE:
Micronetics
(Public Company & Wall Street & Business & High Tech)
Daniel Nieves
Daniel Nieves
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