Business Services Industry
WTT Awarded Contract From Federal Aviation Administration Supporting Air Traffic Control Efforts
Business Wire, Nov 6, 2001
Business/Technology Editors
NEWS RELEASE
PARAMUS, NJ--(BUSINESS WIRE)--Nov. 6, 2001
Wireless Telecom Group, Inc. (AMEX Symbol: WTT) announced today that its wholly owned subsidiary Boonton Electronics has been awarded a contract with the Federal Aviation Administration for Boonton's 4530 Series RF Peak Power Meter, supporting the FAA's latest projects on air traffic control.
"We are very proud to be a supplier of the FAA and to contribute to their efforts in air traffic control. Boonton Electronics continues to explore and secure a growing number of peak power meter applications for avionics and radar testing. This is a result of an internal strategy to position our peak power meter line to emerging avionics applications. We have been working closely with the FAA over time to understand their new requirements and are pleased that we are now benefiting from these efforts. It is our understanding that there is considerable potential for follow on orders for these programs," said Edward Garcia, President and CEO. Mr. Garcia continued, "Additionally, we are working closely with major avionics subcontractors to supplement these efforts and are optimistic that these will also result in additional future orders."
Boonton's 4530 Series RF Peak Power Meter will be utilized by the FAA for their newest beacon system, ATCBI-6, for transponder queries in airplanes. Transponder queries provide aviation information including altitude, speed and other vital flight information. The Boonton 4530 Series RF Peak Power Meter assists the FAA's beacon system with determinations of fault isolation and system certification, and verifies performance of the latest on station systems designed to improve commercial air traffic controls.
Wireless Telecom Group, Inc. is a global provider of noise generation equipment in the telecommunications field.
Boonton Electronics, a wholly owned subsidiary, is a leader in the manufacture of test equipment dedicated to measuring power of RF and Microwave systems used in multiple telecommunication markets.
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 intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. 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, 2000 and 2001 Forms 10-Q.
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