ANADIGICS Receives Production Orders From Two Korean CDMA Wireless Manufacturers
New Design Wins Reinforce CDMA Growth
WARREN, N.J. Anadigics, Inc., a leading supplier of wireless and broadband communications solutions, today announced that the Company has received production orders for InGaP HBT power amplifier modules from two Korean-based manufacturers.
The Company s recently announced AWT6109, which is designed specifically for Korean CDMA systems, and the AWT6106 CDMA power amplifier have been selected for use in new wireless modem cards and wireless handsets scheduled for Korean and US market introduction in 2002.
"ANADIGICS continues to penetrate new platforms with its leading family of InGaP HBT power amplifier modules, steadily growing our share in the CDMA handset market, remarked Dr. Bami Bastani, President and CEO of ANADIGICS, Inc. "These design wins demonstrate the breadth of our CDMA portfolio and the wide acceptance our products are receiving from makers of cell phones and wireless PDAs. "We look forward to increased revenues from this sector in 2002 as our design and development work over the past year comes to fruition.
ANADIGICS InGaP HBT technology enables handset manufacturers to produce handsets with optimal power efficiency resulting in longer talk time/standby time. Compliant with IS95/98 and 1XRTT CDMA system data standards, the Company s power amplifier modules exhibit excellent linearity, reliability, and stability over temperature making them an obvious choice for manufacturers of next-generation handsets.
"Our CDMA chipsets offer customers higher performance and better reliability over competitive solutions for CDMA 2000 and 1XRTT capable handsets, continued Dr. Bastani. "The Korean market has set the pace for advanced implementation of 1XRTT and CDMA 2000 handsets. As we enter 2002, the emerging China CDMA market presents us with additional potential growth opportunities. ANADIGICS expects to sustain its momentum in CDMA market share growth by continuing to focus on handset OEMs and ODMs in Korea and China where design activity is flourishing.
For additional information, contact ANADIGICS by phone (908) 668-5000 or FAX (908) 668-5132, or visit the Company s Web site at http://www.anadigics.com.
ANADIGICS, Inc. (Nasdaq: ANAD - news) designs and manufactures radio frequency integrated circuit (RFIC) solutions for growing broadband and wireless communications markets. The Company s innovative high frequency RFICs enable manufacturers of communications equipment to enhance overall system performance, and reduce manufacturing cost and time to market. By utilizing state-of-the-art manufacturing processes for its RFICs, ANADIGICS achieves the high-volume and cost-effective products required by leading companies in its targeted high-growth communications markets. ANADIGICS was the first GaAs IC manufacturer to receive ISO 9001 certification.
Except for historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, order rescheduling or cancellation, changes in estimated product lives, timely product and process development, individual product pricing pressure, variation in production yield, difficulties in obtaining components and assembly services needed for production of integrated circuits, change in economic conditions of the various markets the Company and its customers serve, as well as other risks detailed from time to time in the Company s reports filed with the Securities and Exchange Commission, including the report on Form 10-K for the year ended December 31, 2000. Actual results could differ materially from the Company s forward-looking statements. Forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company "believes , "anticipates , "expects , or words of similar import. Similarly, statements that describe the Company s future plans, objectives, estimates, or goals, including the statements in this press release regarding revenue expectations, are forward-looking statements.
Contact:
Press Contacts
Richartz Fliss Clark & Pope, Denville, NJ
Allan Fliss/Glen Turvey, 973/627-8180
Fax: 973/627-8410
turvey@rfcp.com
or
Corporate Contact
ANADIGICS, Inc., Warren, NJ
Tim Blanke, 908/668-5000
Fax: 908/668-5132
tblanke@anadigics.com
or
Investor Relations
ANADIGICS, Inc., Warren, NJ
Rich Hantke, 908/791-6043
Fax: 908/668-5132
rhantke@anadigics.com
Press Contacts
Richartz Fliss Clark & Pope, Denville, NJ
Allan Fliss/Glen Turvey, 973/627-8180
Fax: 973/627-8410
turvey@rfcp.com
or
Corporate Contact
ANADIGICS, Inc., Warren, NJ
Tim Blanke, 908/668-5000
Fax: 908/668-5132
tblanke@anadigics.com
or
Investor Relations
ANADIGICS, Inc., Warren, NJ
Rich Hantke, 908/791-6043
Fax: 908/668-5132
rhantke@anadigics.com
E-mail: rhantke@anadigics.com
Web site: http://www.anadigics.com