RADN Radyne Corp (MM)

PHOENIX, July 6 /PRNewswire-FirstCall/ -- Radyne Corporation (NASDAQ:RADN) announced today that it received an order for $5.3 million for satellite modems and power amplifiers from a major military integrator as an initial procurement for its Ground Multi-Band Terminal (GMT) program. The order for Radyne satellite modems and Xicom power amplifiers is for the first phase of the program which is scheduled to include subsequent deliveries over the next five years. The GMT program has a potential for Radyne to receive an additional $60 to $80 million in modems and power amplifier orders over the next 3 to 5 years. Each GMT satellite communications system is contained in transit cases and is capable of repeated tactical deployments worldwide. The systems are designed to operate in the Department of Defense (DoD)/Defense Information Systems Agency (DISA) X-band and Ka-band modes, as well as with commercial C-band and Ku-band satellites. GMTs are also required to be compatible with existing tactical satellite communications (SATCOM) terminals. Radyne's satellite modems are uniquely qualified for this application due to their flexibility, meeting military standards and having high speed capacity. Xicom leads the industry in the production of multi-band satellite power amplifiers that fulfill the military's mission of being able to use available satellite transponders, with a variety of frequency bands, around the world. "We are delighted to be chosen for this high profile program," said Bob Fitting, Radyne's CEO. "Our continuing efforts to penetrate military markets are paying off in programs like the GMT. It is also rewarding to win programs having both Radyne modems and Xicom amplifiers." About Radyne Corporation Radyne Corporation designs, manufactures, sells, integrates and installs products, systems and software used for the transmission and reception of data and video over satellite, troposcatter, microwave and cable communication networks. The Company, through its Tiernan subsidiary, is a supplier of HDTV and SDTV encoding and transmission equipment. The Xicom Technology subsidiary is a producer of high power amplifiers for communications applications. Radyne is headquartered in Phoenix, Arizona, has manufacturing facilities in Phoenix, Arizona, San Diego California, and Santa Clara, California and sales offices in Singapore, Beijing, Jakarta and the United Kingdom. The Company also has sales and/or service centers in Sao Paulo, Bangalore, Shanghai and Moscow. For more information, visit our web site at http://www.radn.com/. Additional information on Xicom is available at http://www.xicomtech.com/ . Safe Harbor Paragraph for Forward-Looking Statements This press release includes statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act") and Radyne claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results, performance or achievements of Radyne Corporation and its subsidiaries to be materially different from those expressed or implied by such forward-looking statements. Factors that could affect Radyne Corporation's results and cause them to materially differ from those contained in the forward-looking statements contained herein include, without limitation our belief that Radyne will receive additional orders for its satellite modems or power amplifiers, that its satellite modems and power amplifiers are well suited for use in military or other systems, that our service is superior and that such service will reliably meet customer needs and increase Radyne sales and profitability. Other factors that may affect forward-looking statements and the Company's business generally include but are not limited to: * Prospects of the international markets and global economy given that Radyne Corporation depends heavily on international sales. * A downturn in the evolving telecommunications, television broadcast and Internet industries. * Risk factors and cautionary statements made in Radyne Corporation's Annual Report on Form 10-K for the period ended December 31, 2005. * The effect that acts of international terrorism may have on Radyne Corporation's ability to ship products abroad. * Other factors that Radyne Corporation is currently unable to identify or quantify, but may exist in the future. Forward-looking statements speak only as of the date the statement was made. Radyne Corporation does not undertake and specifically declines any obligation to update any forward-looking statements. Contact: Malcolm Persen, Chief Financial Officer, 602.437.9620 DATASOURCE: Radyne Corporation CONTACT: Malcolm Persen, Chief Financial Officer of Radyne Corporation, +1-602-437-9620 Web site: http://www.xicomtech.com/ Web site: http://www.radn.com/

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