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Microwave Vision Announces Major Contracts Totaling EUR 8m

The Microwave Vision Group Announces the Signing of Major Contracts Totaling EUR 8M


News provided by

MICROWAVE VISION

Nov 04, 2010, 12:22 ET

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PARIS, November 4, 2010 /PRNewswire/ -- The group has recently won several contracts:

    - A EUR 400k contract in the University and R&D market, where
    increased activity is benefiting Microwave Vision. A recent order for a
    compact range system from a German university follows a similar order
    from the Georgia Institute of Technology (GA, USA) from the first half of
    2010.

    - Three new contracts in the Aerospace and Defense sector
    totaling EUR 3.7M. Two orders are for planar near field systems in Asia:
    one is a very large planar scanner and the other is a StarLine system,
    which incorporates the multi-probe MV-ScanTM technology. The third
    contract, which was awarded by a large European aerospace company, is for
     a large antenna positioning system.

"The StarLine control system represents a breakthrough of multi-probe technology into the Aerospace and Defense market. Other MV-ScanTM system sales within this sector are being negotiated and are expected to be finalized soon," said Philippe Garreau, President of Microwave Vision.

    - Finally, in the Telecommunications market, Microwave Vision
    reports many orders of SG 64, SG 32, SG 24 and StarLab. This demand is
    mainly from orders in the United States, where smartphone sales continue
    to drive growth in this sector. The remainder of these orders comes from
    Asia, particularly Japan, where sales which were delayed for several
    months have begun to materialize since early September.

These new contracts reflect the strength of Microwave Vision's market position, particularly its international presence and diverse product portfolio. The group is well-situated to benefit from growth factors in its target industries.

Publication of third quarter sales after closing on November 15, 2010

About MICROWAVE VISION:

MICROWAVE VISION (NYSE-Euronext: ALMIC) is one of the leading world producers of antenna test and measuring systems.

SOURCE MICROWAVE VISION

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