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Telecommunications equipment industry

Vari-L Company to Deliver 840,000 Units to Commence in First Quarter of 1999

Strategic Insights

— 1 min read

Vari-L Company, Inc. has announced a $2.2 million agreement to be the sole source provider of Voltage Controlled Oscillators (VCOs) to Wireless Access Inc. Under the terms of the agreement, Vari-L will deliver a minimum of 840,000 VCOs beginning in the first quarter of 1999. The VCOs will be incorporated into the Accessmate, an advanced messaging device manufactured by Wireless Access.

Key Takeaways:

  • Vari-L Company has entered into a $2.2 million agreement with Wireless Access Inc. to provide Voltage Controlled Oscillators (VCOs) for the Accessmate device.
  • The agreement will result in a minimum of 840,000 VCOs being delivered to Wireless Access beginning in the first quarter of 1999.
  • Vari-L will manufacture high-performance, patented VCOs that consume minimal DC power, helping to prolong battery life in the Accessmate device.
  • The agreement is a key milestone for Vari-L's effort to establish itself as a major provider of components for cellular handsets and paging devices.
  • Dave Sherman, president and CEO of Vari-L, stated that the agreement underscores the Company's ability to provide superior products at competitive prices.
  • Larry Tailee, vice president of manufacturing for Wireless Access, praised Vari-L for manufacturing efficient miniature products that help prolong battery life.

Statistics:

  • Minimum of 840,000 VCOs to be delivered to Wireless Access beginning in the first quarter of 1999.
  • $2.2 million agreement between Vari-L Company and Wireless Access Inc.
  • Wireless Access has products installed in more than 100 countries.
  • Glenayre Technologies, Inc. reported 1997 net sales in excess of $451 million.
  • Vari-L serves a diverse customer base comprised of leading technology companies, including California Microwave, Ericsson, Harris, Hughes, IBM, Lockheed Martin, Lucent Technologies, Mitsubishi, Motorola, NEC, Nokia, Northrop Grumman, Raytheon, Samsung, Siemens, Stanford Telecom, and Wireless Access.

Sources:

  • "Vari-L Company, Inc. Enters $2.2 Million Agreement to Provide VCOs to Wireless Access Inc." PRNewswire, December 8, 1998.
  • About Vari-L Company, Inc. (press release) January 1999.
  • About Wireless Access, Inc. (press release) 1998.
  • Glenayre Technologies, Inc. Annual Report 1997.

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