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Comtech to Acquire Radyne in An All-Cash Accretive Transaction
May 12, 2008
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MELVILLE, N.Y. and PHOENIX, AZ, May 12, 2008 (PrimeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) and Radyne Corporation (Nasdaq:RADN) today jointly announced the signing of a definitive merger agreement pursuant to which Comtech has agreed to acquire Radyne in an all-cash transaction. Aggregate sales of the two...
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Radyne Agrees to be Acquired in All-Cash Transaction
May 12, 2008
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May 12, 2008 (PrimeNewswire via COMTEX News Network) --
* Comtech Telecommunications Corp to pay $11.50 per share
* Radyne cancels previously scheduled earnings call
PHOENIX, May 12, 2008 (PRIME NEWSWIRE) -- Radyne Corporation (Nasdaq:RADN) announced the signing of a definitive merger agreement with Comtech Telecommunication...
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Radyne Corporation Conference Call and Webcast May 12, 2008
May 6, 2008
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PHOENIX, May 6, 2008 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) today announced that it would be holding a conference call on Monday, May 12, 2008 at 8:30 a.m. Eastern time to discuss its first quarter 2008 financial results and operating highlights. The Company will release earnings at the open of market on the sam...
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Radyne Receives $5.8 Million GMT Amplifier Order
Mar 25, 2008
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PHOENIX, Mar 25, 2008 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced that its Xicom Technology business unit received an order for $5.8 million for Tri-band and Ka-band power amplifiers as an additional procurement for the Ground Multi-Band Terminal (GMT) program. The amplifiers are scheduled to ship during 20...
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Radyne Reaffirms Strategic Alternative Review
Mar 20, 2008
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PHOENIX, Mar 20, 2008 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced today that its exploration of strategic alternatives is continuing. As previously announced, the Company retained Needham & Company as its financial advisor to assist it in exploring strategic alternatives, including a possible sale of the Co...
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Globalstar Purchases Additional Appliques for Satellite Simplex Data Coverage
Mar 19, 2008
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MILPITAS, Calif., Mar 19, 2008 (PrimeNewswire via COMTEX News Network) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that it has signed an agreement with Radyne Corporation business unit AeroAstro to purchase additional AeroAstro SENS (S...
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Radyne's AeroAstro Awarded $1.2M Asset Tracking Network Infrastructure Contract
Mar 19, 2008
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PHOENIX, Mar 19, 2008 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced today its AeroAstro business unit has received a $1.2 million order from Globalstar to purchase additional SENS (Sensor Enabled Notification System) Appliques. Globalstar will use these appliques to expand its simplex data network.
"Our A...
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Radyne Corporation Conference Call and Webcast March 18, 2008
Mar 12, 2008
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PHOENIX, Mar 12, 2008 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) today announced that it would be holding a conference call on Tuesday, March 18, 2008 at 4:30 PM Eastern time to discuss its fourth quarter and fiscal year 2007 financial results and operating highlights. The call is open to the public. The toll free d...
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Radyne Exploring Strategic Alternatives
Feb 4, 2008
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PHOENIX, Feb 4, 2008 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced today it retained Needham & Company as its financial advisor to assist it in exploring strategic alternatives, including a possible sale of the Company. Needham has previously assisted the Company in evaluating inquiries received from time to ...
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Radyne to Present At Needham Growth Conference
Jan 3, 2008
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PHOENIX, Jan 3, 2008 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) today announced that Myron Wagner, CEO, and Malcolm Persen, CFO, will present at the Needham & Company, LLC 10th Annual Growth Conference in New York. Radyne is scheduled to present on Tuesday, January 8th at 1:30 pm eastern standard time. Interested pa...
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Radyne Reports Third Quarter Results
Nov 5, 2007
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PHOENIX, Nov 5, 2007 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN), today reported sales of $38.4 million and earnings of $0.19 per diluted share for the third quarter of 2007. This compares to sales of $32.1 million and earnings of $0.15 per diluted share for the third quarter of 2006. For the first three quarters of ...
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Radyne's Xicom Technology Receives Over $8.0 million in Amplifier Orders
Oct 30, 2007
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PHOENIX, Oct 30, 2007 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced today that its Xicom Technology business unit received 2 orders totaling over $8.0 million for millimeter-wave (Ka and Q-band) power amplifiers for use in military terminals. Most of the amplifiers will be used for uplinking with the U.S. Air...
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Radyne Receives $1.6 Million Military Satellite Modem Order
Oct 25, 2007
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PHOENIX, Oct 25, 2007 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced today it received orders totaling $1.6 million for modems in support of the Ground Multi-band Terminal (GMT) program and for another military communications program. The orders were from a major military communications integrator. The orders ...
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Radyne Receives Two Orders for Advanced Troposcatter Modems and Amplifiers
Oct 23, 2007
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PHOENIX, Oct 23, 2007 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced today it received two orders of its advanced high capacity troposcatter modem, the TM-20. One of the orders also included companion amplifiers from its Xicom business unit. The orders for an international Oil and Gas firm and for a United Sta...
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Radyne Corporation Conference Call and Webcast November 5, 2007
Oct 19, 2007
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PHOENIX, Oct 19, 2007 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN), today announced that it would be holding a conference call on Monday, November 5, 2007 at 4:30 PM Eastern time to discuss its third quarter 2007 financial results and operating highlights. The Company will release earnings at the close of market on th...
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Globalstar Signs Agreement to Increase Satellite Messaging Capacity by 10 Times and Further Expand Simplex Data Coverage
Oct 18, 2007
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MILPITAS, Calif., Oct 18, 2007 (PrimeNewswire via COMTEX News Network) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that Radyne Corporation business unit AeroAstro will supply Globalstar with the necessary network upgrades that will enh...
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Radyne Corporation's AeroAstro to Upgrade Globalstar's Messaging Capacity
Oct 18, 2007
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PHOENIX, Oct 18, 2007 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced today its AeroAstro business unit will supply Globalstar with network upgrades as part of AeroAstro's SENS (Sensor Enabled Notification System) that will enhance both the receiver sensitivity and the overall customer messaging capacity of the...
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Radyne Promotes Lou Dubin to Division President
Oct 3, 2007
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PHOENIX, Oct 3, 2007 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced that Lou Dubin has been named President of its Radyne Division. The Radyne Division designs and manufactures satellite and microwave modems, frequency converters, switches, troposcatter modems, and the recently announced SkyWire TDMA platform....
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Radyne Receives Orders for North African Communications Network Expected to Total $3.2 Million
Oct 3, 2007
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PHOENIX, Oct 3, 2007 (PrimeNewswire via COMTEX News Network) -- Radyne Corporation (Nasdaq:RADN) announced today it has received orders for satellite modems, amplifiers, and video encoding equipment for use in GSM backhaul and video distribution for the national telecommunications operator in a North African country. The Company noted that $2.1 mil...
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Globalstar Signs Hardware Agreement to Expand Satellite Simplex Data Coverage
Sep 25, 2007
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MILPITAS, Calif., Sep 25, 2007 (PrimeNewswire via COMTEX News Network) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that it has signed an agreement with Radyne Corporation business unit AeroAstro, to purchase AeroAstro's SENS (Sensor En...
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