Exploding Wireless Demand Sparks LitePoint's Record Quarter

SUNNYVALE, Calif., Nov. 12 /PRNewswire/ -- LitePoint Corporation, the leader in wireless test solutions, solidifies its position as the fastest-growing test company and announces record Q3 revenues. "Wireless connectivity is exploding," said Benny Madsen, LitePoint CEO. "We play a key part in enabling that revolution, and as the preferred test partner to most companies in that space, we are witnessing explosive growth as a result."

The wireless market has become so competitive that costs have dropped by more than a factor of ten and product life cycles have been reduced to months down from years. "This new reality drives all aspects of design and production including manufacturing test; everything gets compressed in time and cost," Madsen explained. "Test solutions have to be able to ramp fast, be inexpensive, very simple to deploy, and very accurate in what they measure. Our business model and key technical innovations enable the lowest test cost and support the quickest transition from design to production," added Madsen.

To date it is estimated that LitePoint systems have tested more than one billion wireless devices. Its original test-system innovation, unique at the time, has become the de facto standard for wireless test systems. LitePoint continues to innovate with its latest system that tests multiple wireless standards faster and in parallel.

    Media Contact:

    Rob Brownstein, VP Communications
    575 Maude Court
    Sunnyvale, CA 94085
    +1-408-456-5000 ex. 1131
    rob.brownstein@litepoint.com

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SOURCE LitePoint Corporation