RADN Radyne Corp (MM)

PHOENIX, Nov. 28 /PRNewswire-FirstCall/ -- Radyne Corporation (NASDAQ:RADN) announced today that its Radyne satellite electronics division received a new order of over $1.6 million for satellite modems and frequency converters from a major South Asian integrator. The order is the fourth in a series that totals almost $7 million from the same customer over the past year. The equipment is intended for use in the development of the country's largest landline and mobile telephone network. Radyne expects to ship the entire order during the fourth quarter. "This order is yet another example of Radyne's strong customer relationships," said Myron Wagner, Radyne's CEO. "Our ability to continue to deliver flexible solutions that meet and exceed customer needs is one of the core assets of our business." About Radyne Corporation Radyne Corporation designs, manufactures, sells, integrates and installs products, systems and software used for the transmission and reception of data and video over satellite, troposcatter, microwave and cable communication networks. The Company, through its Tiernan subsidiary, is a supplier of HDTV and SDTV encoding and transmission equipment. The Xicom Technology subsidiary is a producer of high power amplifiers for communications applications. Radyne is headquartered in Phoenix, Arizona, has manufacturing facilities in Phoenix, Arizona, San Diego, California, and Santa Clara, California and sales offices in Singapore, Beijing, Jakarta and the United Kingdom. The Company also has sales and/or service centers in Sao Paulo, Bangalore, Shanghai and Moscow. For more information, visit our web site at http://www.radn.com/. Additional information on Xicom is available at http://www.xicomtech.com/. Safe Harbor Paragraph for Forward-Looking Statements This press release includes statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act") and Radyne claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results, performance or achievements of Radyne Corporation and its subsidiaries to be materially different from those expressed or implied by such forward-looking statements. Factors that could affect Radyne Corporation's results and cause them to materially differ from those contained in the forward-looking statements contained herein include, without limitation our belief that Radyne will receive additional orders for its satellite modems, that its satellite modems are well suited for use in telephony systems, that our service is superior and that such service will reliably meet customer needs and increase Radyne sales and profitability. Other factors that may affect forward-looking statements and the Company's business generally include but are not limited to: * Prospects of the international markets and global economy given that Radyne Corporation depends heavily on international sales. * A downturn in the evolving telecommunications, television broadcast and Internet industries. * Risk factors and cautionary statements made in Radyne Corporation's Annual Report on Form 10-K for the period ended December 31, 2005 and in its' Quarterly Report of Form 10-Q for the period ended September 30, 2006. * The effect that acts of international terrorism may have on Radyne Corporation's ability to ship products abroad. * Other factors that Radyne Corporation is currently unable to identify or quantify, but may exist in the future. Forward-looking statements speak only as of the date the statement was made. Radyne Corporation does not undertake and specifically declines any obligation to update any forward-looking statements. Contact: Malcolm Persen, Chief Financial Officer, 602.437.9620 DATASOURCE: Radyne Corporation CONTACT: Malcolm Persen, Chief Financial Officer of Radyne Corporation, +1-602-437-9620 Web site: http://www.xicomtech.com/ Web site: http://www.radn.com/

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