Business Services Industry
Wireless Telecom Group Announces Expansion of Boonton Power Meter Family
Business Wire, April 10, 2008
PARSIPPANY, N.J. -- Wireless Telecom Group, Inc., today announced a new series of Boonton Peak Power Meters, designed for high-volume industrial and military applications typical of the mainstream peak power meter market. The new 4540 series is being introduced as a mid-range product, falling in between the Company's market leading, high-performance, Boonton 4500B and the its entry level products.
Monty Johnson, CEO of Wireless Telecom Group, Inc., stated, "We are very excited about the prospects for our new series of power meters, from which customers can expect the same reliability, accuracy, and ruggedness they have come to expect from our other Boonton meters. Consistent with our strategy to aggressively develop innovative, leading-edge instruments, we believe our 4540 series is the perfect fit for high-volume, high-performance applications. By incorporating technology from the 4500B, we have designed this smaller, lower priced series to address a wide range of demanding applications. We are now able to address all peak power meter segments and expect quick market acceptance of the 4540, with initial orders later this quarter."
Johnson added, "We are investing in the Boonton product portfolio and have previously announced other new Boonton products including our latest USB power sensors and our portable Passive Intermodulation (PIM) Tester. All of these products and related services are being marketed by our expanded global sales force, part of a strategic initiative to increase international sales. We are pleased with the early results of this initiative, as sales of our Boonton-branded products are growing strongly."
The Company will display the Boonton 4540 series of Peak Power Meters at upcoming trade events including the IEEE 2008 International Microwave Symposium, in Atlanta, Georgia.
About Wireless Telecom Group
Wireless Telecom Group designs and manufactures radio frequency (RF) and microwave-based products for wireless and advanced communications industries and markets its products and services worldwide under the Boonton, Microlab, Noisecom, and Willtek brands. Its complementary suite of high performance instruments and components includes peak power meters, signal analyzers, power splitters, combiners, diplexers, noise modules, precision noise generators, and mobile phone testing solutions. The Company serves both commercial and government markets with workflow-oriented, built-for-purpose solutions in cellular/mobile, WiFi, WiMAX, private mobile radio, satellite, cable, radar, avionics, medical, and computing applications. Wireless Telecom Group is headquartered in Parsippany, New Jersey, in the New York City metropolitan area, and maintains a global network of Sales and Service offices for excellent product service and support.
Wireless Telecom Group's website address is http://www.wirelesstelecomgroup.com. 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, 2007.
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