Anaren Announces Contract in Excess of $8.0 Million From Alcatel-Alenia Space
February 07 2007 - 8:38AM
PR Newswire (US)
SYRACUSE, N.Y., Feb. 7 /PRNewswire-FirstCall/ -- Anaren, Inc.
(NASDAQ:ANEN) has been selected to receive a contract valued in
excess of $8.0 million from Alcatel-Alenia Space (France) for
development and production of integrated beamforming assemblies
that will be deployed on the Globalstar-2 satellite payload. The
contract award, expected to be finalized within 90 days, covers
design services and manufacture of up to 48 beamforming networks.
Work has been authorized to begin immediately, with production
deliveries starting in May 2008. (Logo:
http://www.newscom.com/cgi-bin/prnh/20021022/NYTU197LOGO )
Forward-Looking Statements The statements contained in this news
release which are not historical information are "forward-looking
statements". These, and other forward- looking statements, are
subject to business and economic risks and uncertainties that could
cause actual results to differ materially from those discussed. You
are encouraged to review Anaren's 2006 Annual Report, Anaren's Form
10-K/A for the fiscal year ended June 30, 2006, Anaren's Form
10-Q/A for the three months ended September 30, 2006 and exhibits
to those reports filed with the Securities and Exchange Commission
to learn more about the various risks and uncertainties facing
Anaren's business and the potential impact on Anaren's revenue,
earnings and stock price. Unless required by law, Anaren disclaims
any obligation to update or revise any forward-looking statement.
Company Background Anaren designs, develops, manufactures and sells
highly integrated microwave component assemblies and subsystems for
the wireless communications, satellite communications, and defense
electronics markets. For more information on Anaren's products,
visit our Web site at http://www.anaren.com/.
http://www.newscom.com/cgi-bin/prnh/20021022/NYTU197LOGODATASOURCE:
Anaren, Inc. CONTACT: Joseph E. Porcello, Sr. VP of Finance,
+1-315-432-8909, for Anaren, Inc. Web site: http://www.anaren.com/
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