SAN DIEGO, May 20, 2015 /PRNewswire/ -- RF Industries, Ltd. (NASDAQ: RFIL) announces the purchase of the ComPro braided product line (ComPro Product Line) from JMA Wireless. JMA retains all of its compression connector product lines for corrugated cables. The ComPro Product Line utilizes a patented compression technology that offers revolutionary advantages for a water-tight connection, easier installation, and improved system reliability on braided cables. The ComPro Product Line is used by wireless network operators, installers and distributors in North America and other parts of the world. Included in the purchase is inventory, designs, intellectual property, rights to manufacture and sell the ComPro Product Line.
Johnny Walker, CEO/President of RF Industries states "This acquisition expands RFI's braided connector offerings to large telecommunication firms and our current customer base by providing a quality proven, best-in-class patented product."
Shawn Chawgo, VP of Product Management at JMA Wireless said, "Within our broader line of corrugated connector and jumper products we felt this connector series for LMR type braided cables did not fit with our current customer base and direct selling model. It better aligns with a distribution oriented model and customer base that RF Industries services very well."
About JMA Wireless
JMA Wireless is the leading global innovator in mobile wireless connectivity solutions that assure infrastructure reliability, streamline service operations, and maximize wireless performance. Employing powerful, patented innovations their solutions portfolio is proven to lower the cost of operations while ensuring lifetime quality levels in equipment and unrivaled performance for coverage and high-speed mobile data. JMA Wireless solutions cover macro infrastructure, outdoor and indoor distributed antenna systems and small cell solutions. JMA Wireless corporate headquarters are located in Liverpool, NY, with manufacturing, R&D, and sales operations in over 20 locations worldwide. For more information see www.jmawireless.com.
About RF Industries
RF Industries is a leading designer and manufacturer of innovative interconnect products and complex cable assemblies across diversified, high growth markets including wireless carriers & infrastructure, medical and industrial. The Company's products include RF connectors, coaxial and custom cable assemblies, fiber optic cables, wiring harnesses and medical wiring. The Company's connectivity products are used throughout the growing and evolving wireless infrastructure. Through its newly acquired Comnet Telecom Supply, Inc. subsidiary, the Company also manufactures and sells other cabling technologies and data center equipment solutions. The Company has reported 21 consecutive years of profitability and is headquartered in San Diego, California with operations in Las Vegas, Nevada, Yaphank, New York, and East Brunswick, New Jersey. Please visit the RF Industries website at www.rfindustries.com.
Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995.
The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to future events, the occurrence of which involve risks and uncertainties, including, without limitation, the benefits of the compression connector line of products, the adoption of this product by the Company's customers, and other uncertainties detailed in the Company's Securities and Exchange Commission filings. All forward-looking statements are based upon information available to the Company on the date they are published and the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or new information after the date of this release.
SOURCE RF Industries, Ltd.