Business Services Industry

Corporate Profile for Adaptive Broadband Corporation, dated Aug. 20, 1999

Business Wire, August 20, 1999

--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Aug. 20, 1999

Company Name:     Adaptive Broadband Corporation

Address:          1143 Borregas Avenue
                  Sunnyvale, CA  94089

Main Telephone
 Number:          408/732-4000

Internet Home
 Page Address
  (URL)           www.adaptivebroadband.com

Chief Executive
 Officer:         Frederick D. Lawrence

Chief Financial
 Officer:         Donna S. Birks

Investor Relations
 Contact:         Stephanie M. Day
 Business number: 408/743-3429
 E-mail address:  sday@adaptivebroadband.com

Public Relations
 Contact:         Stephanie M. Day
 Business number: 408/743-3429
 E-mail address:  sday@adaptivebroadband.com

Industry:         Telecom; Wireless broadband

Trading Symbol/
 Exchange:        ADAP/Nasdaq

Market Makers:    C.E. Unterberg, CIBC Oppenheimer, HCFP/Brenner
                  Securities LLC, Josephthal & Co. Inc., Merrill
                  Lynch, Needham & Co., Prudential, Volpe Brown
                  Whelan & Co., Value Line

-0-

Company description: Adaptive Broadband is a data networking solutions company and a leading provider of terrestrial wireless and satellite-based systems to support ultra high speed Internet access, broadcast digital TV transport and worldwide Internet backbones. The company also provides industry-leading solutions for satellite-based data communications and terrestrial wireless telemetry networks. -0-

FY 99 (June-July 1) revenue: $157 million
Stock 52 weeks High $26 Low $6.75
Loss from continuing operations $26 million
COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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