November 8, 2004
US Monolithics to Develop Q-Band Power Amps for Harris Navy Multiband Terminal Bid
US Monolithics and ViaSat Inc. (Nasdaq: VSAT) have announced that Harris Government Systems Communications Division has awarded US Monolithics a contract to develop and produce prototypes of Q-band solid state power amplifiers (SSPAs) in support of the U.S. Navy Program Executive Office (PEO) for the C4I and Space Navy Multiband Terminal (NMT) program. The period of performance on this pre-production phase is 15 months and the contract value to US Monolithics is approximately $1.4 million.
Harris will use the SSPAs as it competes for a 300-terminal production contract due to be awarded in 2006. Last year Harris won a contract from the Space and Naval Warfare Systems Command, the PEO organizational partner, to develop prototypes for the next-generation Advanced Extremely High Frequency (AEHF) NMT and compete for a production award. The winner of the competition will produce NMT SATCOM terminals that will be installed on ship, shore, and submarine platforms. The Advanced EHF satellite program, managed by the U.S. Air Force, is a follow-on to the highly secure, highly protected DoD MILSTAR communications satellite system.
About Harris GCSD (www.harris.com)
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 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 the capabilities of the USM SSPAs and possible future awards, 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-K. 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.