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Scarborough, ME, January 14, 2002 - Gabriel Electronics, a market leader in advanced broadband antenna
solutions, has announced the acquisition of Endwave Corporation's antenna business. Endwave's antenna group has leveraged its core RF subsystem expertise to provide customers with lead-edge millimeter wave radio link solutions. Over the past several years Gabriel and Endwave have collaborated to produce an extensive family of antenna solutions for the broadband market, making the acquisition of the Endwave antenna business a natural evolution for Gabriel.The assets acquired in this transaction include intellectual property
related to advanced microwave and millimeter wave antenna solutions such as the GemFire(tm) and WavShapr(tm) products, including patents and patent applications. Other assets include laboratory equipment and software systems used in the design and development of the industry's most advanced and highest performance antenna solutions."This acquisition enhances Gabriel's ability to offer advanced antenna
solutions to our customers globally while leveraging the excellent performance advantages Endwave has incorporated in its antenna development programs," said Robert Cameron CEO and president at Gabriel."In addition, these solutions add to the current leading-edge products provided by Gabriel and provide the seed for further development in performance improvement, price for performance and aesthetic appeal demanded by the industry," Cameron added.
"This agreement meets our stated objective to divest of this business segment in order to sharpen our focus on our core business as a leading supplier of high-frequency RF transceivers for the wireless telecommunications infrastructure markets", stated Ed Keible, CEO and president of Endwave. "Gabriel's ability to capitalize on Endwave's antenna development efforts and continued execution of the intellectual property toward revenue generating products makes this agreement a win-win for Endwave and Gabriel."
About Endwave
Endwave
Corporation is a provider of radio frequency (RF) subsystems that enable
the transmission and reception of data signals in broadband wireless systems. The company
develops and manufactures products used in high-speed cellular
backhaul, point-to-point access and point-to-multipoint access applications.
These products include RF modules, integrated transceivers and outdoor
units. Endwave has been awarded 38 patents covering its core technologies
including semiconductor, circuit and antenna designs as well as its
Flip-Chip Integrated Circuit (FCIC) technology. Endwave Corporation is headquartered in Sunnyvale,
California. Additional information about the company
can be accessed from the company's web site at http://www.endwave.com.
About Gabriel
Gabriel
develops, designs, markets and manufactures innovative antenna solutions
for broadband wireless infrastructures. Founded in 1943, Gabriel's involvement in many
research and development programs for advanced antenna solutions
continues to establish the company as a world leader in the point-to-point
and point-to-multipoint antenna industry for broadband wireless
applications. Gabriel's antenna systems successfully provide access worldwide in commercial,
government and military networks for voice, video, internet
and data communications. Gabriel is based in Scarborough, Maine.
Additional information about the Gabriel can be obtained from the company's web site at http://www.Gabrielnet.com
Contact:
Seth Hanson
Phone: (207) 883-5161 x235
Email: shanson@gabrielnet.com