/24-7PressRelease/ - MONTREAL, CANADA, September 14, 2005 - Advantech AMT, a manufacturer of satellite and terrestrial wireless communication equipment with corporate headquarters in Montreal, Canada, today announces that it has reached an agreement with Powerwave Technologies to purchase Powerwave's Microwave operation in Gothenberg, Sweden.
The wholly-owned group will be incorporated as AdvantechAMT AB and resurrect the Allgon Microwave brand, which it previously used prior to joining the Powerwave group and is well-known for its high reliability, low-medium capacity microwave radios, spanning 7 to 38GHz and 8 to 36Mbps.
"This action, one in a series of recent acquisitions, affirms our determination to further establish Advantech AMT as a leading global equipment and systems supplier in the wireless telecommunications industry. We are pleased to welcome our new colleagues into the Advantech AMT family." states David Gelerman, Advantech AMT's Chairman and CEO. "Allgon Microwave will help position Advantech AMT firmly in the terrestrial wireless market and the synergy will enhance Allgon's microwave radios' competitiveness and value." according to Claudio Lucente, Advantech AMT's Vice President of Terrestrial Wireless Systems.
About Advantech AMT
Advantech AMT is a world-class designer and manufacturer of leading edge Communication products for Satellite Ground Stations and for Wireless Base Stations. With offices in Canada, Europe and the U.S.A, Advantech AMT provides global product support expertise. The main products designed and manufactured by the company are Solid State Power Amplifiers (SSPA) available in output power from 1W to 3200 W, Block-Up Converters (BUCs), frequency converters, modems operating up to 140 Mbps, antenna tracking control systems, data broadcast receivers, satellite terminals, and other related sub-systems. Advantech is ISO-9001: 2000 certified.
To find out more about Advantech AMT, please visit our website www.AdvantechAMT.com
For any further questions please contact:
North America
Ceicy Tsui Tel. + 1 514 420 0045; Fax + 1 514 420 0073
Marketing Communications E-mail : [email protected]
Europe
Paul Richardson Tel. + 44 1480 357 600; Fax + 44 1480 357 601
Director of Sales and Marketing E-mail : [email protected]
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