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| REMEC Announces Award of First Generation Integrated Basestation |
SAN DIEGO--(BUSINESS WIRE)--Sept. 26, 2003--REMEC, Inc. (Nasdaq: REMC) today announced that it has been selected to build initial quantities of an integrated WCDMA (Wideband Code Division Multiple Access) combined MCPA (Multi Carrier Power Amplifier) transceiver module for WCDMA UMTS (Universal Mobile Telecommunications System) basestations. "As we have long predicted, the future of cost reductions and performance enhancements for wireless basestations lies in an integrated solution," said Ron Ragland, REMEC's Chairman and CEO. "REMEC has a legacy of leadership in developing and manufacturing complex integrated microwave functionalities into an optimized, cost effective subsystem. This has been achieved in a number of markets. In our view, this first generation integrated subsystem represents the most advanced requirement from the mobile industry to date for integrating the wireless basestation." About REMEC REMEC designs and manufactures microwave and millimeter wave subsystems used in the transmission of voice, video and data traffic over wireless communications networks and provides advanced integrated microwave subsystem solutions for defense and space electronics applications. REMEC is located at 3790 Via de la Valle, Del Mar, CA 92014. For more information, visit the company's Web site at http://www.remec.com or call 858-505-3713. Statements in this press release that are not historical are forward-looking statements, which involve known and unknown risks and uncertainties. Actual results could differ materially from those implied by such forward-looking statements due to a variety of factors, including, general and industry economic conditions, competition, development factors, operating costs and other risks and uncertainties that are detailed from time to time in our filings with the Securities and Exchange Commission. REMEC is a registered trademark of REMEC, Inc. Other brand or product names are registered trademarks or trademarks of their respective holders. (C) REMEC, Inc., 2003. All rights reserved.
CONTACT: SOURCE: REMEC, Inc. |