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Re: rrufff post# 17302

Wednesday, 07/27/2005 5:09:32 PM

Wednesday, July 27, 2005 5:09:32 PM

Post# of 173812
rrufff, congrats on your timely ORFR buy. Just announced a $10M contract! Should fly tomorrow.


ORBIT/FR Receives a $10 Million Contract
Wednesday July 27, 5:00 pm ET


HORSHAM, Pa., July 27 /PRNewswire-FirstCall/ -- ORBIT/FR, Inc. (OTC Bulletin Board: ORFR - News), a leading producer of sophisticated automated microwave test and measurement systems for the aerospace, defense, wireless communication, automotive and satellite industries, today announced the award of a $10 million contract by a major European aerospace contractor. The contract calls for the Company to deliver a state-of-the-art anechoic shielded chamber for an electromagnetic and antenna measurement testing facility.

This contract represents the implementation phase of the system, which is scheduled to be delivered to the customer's site in 2007. The turnkey system includes a large shielded chamber with RF absorption capability and a large positioning system. The Company has teamed with Rainford EMC Systems Ltd. of Wigan, England, to construct the RF shielded chamber, which constitutes approximately one-third of the project. The RF absorbing subsystem and the positioning system will be implemented by ORBIT/FR's wholly owned subsidiaries, Advanced ElectroMagnetics, Inc., (AEMI), and ORBIT/FR Engineering, Ltd.

"We look forward to delivering what we believe to be one of the world's most advanced turnkey RF testing facilities," commented Israel Adan, President and CEO of ORBIT/FR. "We believe that our extensive experience in full turnkey chamber design and implementation, including our high-quality antenna measurement equipment and technologies, were the key contributors to this award," Mr. Adan added.

About ORBIT/FR

ORBIT/FR, Inc. develops, markets and supports sophisticated automated microwave test and measurement systems for the wireless communication, satellite, automotive and aerospace/defense industries.

Except for historical information, the matters discussed in this news release may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the current intent, belief or expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements, including those regarding the ability to fulfill contract obligations by the Company or its customers, recognition of historical profit margins or the exercise by customers of optional additional purchases under existing contracts, involve a number of risks and uncertainties that could materially affect actual results. Some of such risks and uncertainties are identified in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004 and Forms 10-Q.

This press release, and all SEC filings are available at http://www.orbitfr.com.




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Source: ORBIT/FR, Inc.

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