April 5, 2005
$4.6 Million Award from Harris GSCD to Develop Components for US Military Program
US Monolithics LLC is continuing its innovation in custom integrated circuits and modules for wireless military signal processing systems under contract to Harris Government Systems Communications Division (GSCD). The $4.6 million contract award from Harris is for Class K frequency converter modules for a military space system, with deliveries beginning later this year. The contract value also includes a major subcontract award from US Monolithics to EMS Technologies’ Defense & Space Systems Division, which will manufacture and test the components. US Monolithics is a wholly-owned subsidiary of ViaSat Inc. (Nasdaq: VSAT).
US Monolithics is pioneering new levels of integration as well as pushing state-of-the-art performance with its custom Monolithic Microwave Integrated Circuits (MMICs) and modules. The designs result in significantly better performance in a smaller package. The partnership with EMS adds certified Class K quality to the superior RF design.
Harris GCSD, one of five divisions within Harris Corporation, conducts advanced research studies, develops prototypes, and produces and supports state-of-the-art, assured communications and information systems that solve the mission-critical communication challenges of its military and government customers, as well as providing the technology base for the company's diverse commercial businesses.
About EMS Technologies, Inc. (www.ems-t.com)
EMS Technologies, Inc. (NASDAQ: ELMG) is a leading innovator in the design and manufacture of wireless, satellite and defense solutions, and focuses its unique range of advanced technologies on the needs of broadband and mobile information users. The Company is headquartered in Atlanta, has almost 1,700 workers worldwide, and operates manufacturing facilities in Atlanta, Montreal, Ottawa and Brazil. EMS’s Defense & Space Systems Division develops advanced technology hardware for military and space applications. The division provides commercial and military customers with critical subsystems and components for terrestrial, airborne and space-based communication, RADAR and electronic warfare systems.
About US Monolithics
U.S. Monolithics, based in Chandler, Arizona, is a wholly owned subsidiary of ViaSat Inc., a producer of innovative satellite and other network communication products that enable fast, easy, secure, and efficient communications to any location. U.S. Monolithics focuses on providing superior, low-cost, MMIC-based products to the growing wireless telecommunications markets including satellite communications, point-to-point, and point-to-multipoint systems. U.S. Monolithics’ products include high-power Gallium Arsenide (GaAs) Monolithic Microwave Integrated Circuit (MMIC) components and multi-chip modules, including power amplifiers, transceivers, and integrated block converters.
Safe Harbor Statement
Portions of this release, particularly statements about US Monolithics product deliveries and performance, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. ViaSat wishes to caution you that there are some factors that could cause actual results to differ materially from historical results or from any results expressed or implied by such forward-looking statements, including but not limited to: ViaSat’s ability to perform under existing contracts and obtain additional contracts, ViaSat’s ability to develop new products that gain market acceptance, changes in product supply, pricing and customer demand, changes in relationships with, or the financial condition of, key customers or suppliers, changes in government regulations, changes in economic conditions globally and in the communications markets in particular, increased competition, potential product liability, infringement and other claims, and other factors affecting the communications industry generally. ViaSat refers you to the documents it files from time to time with the Securities and Exchange Commission, specifically the section titled Factors That May Affect Future Performance in ViaSat’s Form 10-Ks and subsequent Form 10-Qs. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statements.
