World's Leading Supplier of Mobile Phones Selects Alpha's GaAs ICs for New Family of Broadband Solutions
Wireless Internet Access Viable for Residential and Small-Business Markets
Alpha(NASDAQ: AHAA) today announced that its gallium arsenide (GaAs) integrated circuit (IC) products have been selected by the world's leading manufacturer of mobile phones for that company's first-of-its-kind family of broadband solutions. These solutions will enable service providers, competitive local exchange carriers (CLECs) and fixed operators to rapidly deploy wireless broadband networks in response to exploding demand for high-speed Internet access.
"Our growing relationship with this OEM extends Alpha's leadership position in the broadband and wireless markets," said David Aldrich, the Company's President and CEO. "This production win demonstrates yet again that our growing portfolio of GaAs IC products is ideally suited to meet the worldwide thirst for high-speed communications and bandwidth. It represents another important milestone as we execute our strategy to penetrate the high-growth broadband market and to increase our volume with this undisputed industry leader."
Alpha's production wins announced today include proprietary GaAs-control circuits, digital attenuators and passive products that allow lower power consumption, higher data rates and a more efficient design for the customer's broadband networks. These wireless mesh networks simplify line-of-sight issues in areas such as residential neighborhoods and business parks by routing around obstacles such as buildings and trees. As a result, they can be rapidly deployed in diverse geographical locations and are more robust and far-reaching than existing broadband network solutions.
"With this contract, we have fulfilled one of our first-order strategies - to continue growing our market share with leading wireless and broadband OEMs," said Lj Ristic, Alpha's Vice President of Technology. "With the recent launch of our multi-chip module based Alpha Integration Platform, our technology roadmap has been aligned to meet the "complete solution" requirements of this and other top-tier customers, and we look forward to winning additional business."
About Alpha
Alpha is a leading provider of RF integrated circuit-based solutions, including semiconductors and ceramic components, for the broadband and wireless communications markets. Alpha's switches, power amplifiers and discrete semiconductors are used by the world's leading broadband, infrastructure and wireless communications companies to enhance the speed, quality and performance of voice, data and video. For more information, please visit the Company's Web site, www.alphaind.com.
Safe Harbor Statement - Except for the historical information contained herein, this news release contains forward-looking statements that reflect the Company's current intentions, expectations and predictions of future results, accomplishments and other matters, all of which are inherently subject to risks and uncertainties. The Company's actual results may differ materially from those anticipated in the Company's forward-looking statements, based on various factors. Such factors include, but are not limited to: cancellation or postponement of customer orders, inability to predict customer orders, the disproportionate impact of the Company's business relationships with its larger customers, variations in the timing of new product development and market acceptance, difficulty manufacturing products in sufficient quantity and quality, difficulty completing the Company's planned capital investments and process improvements, erosion of selling prices or margins, modification of the Company's plans or intentions, and market developments, competitive pressures and changes in economic conditions that vary from the Company's expectations. Additional information on these and other factors that may cause actual results and the Company's performance to differ materially is included in the Company's periodic reports filed with the SEC, including but not limited to the Company's Form 10-K for the year ended April 2, 2000, and subsequent Forms 10-Q. Copies may be obtained by contacting the Company or the SEC. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstance on which any such statement is based.
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CONTACT: | Alpha |
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Paul Vincent, Chief Financial Officer | |
(781) 935-5150 Ext. 4438 |