Advantech Wireless Records another Year of Growth
June 2, 2014
Advantech Wireless Inc., announced
today that its sales for the year ended April 30th, 2014 were
increased by 22% over previous year results. The April 30th 2014
year end is the 4th consecutive year of profitability for the
company.
Joe D’Onofrio, CPA, CA, Vice
President of Finance for Advantech Wireless commented, “We are
very proud to have just completed our 14th consecutive
profitable quarter, our profitability increased by 270% in
fiscal year 2014. This was possible with increased sales and
controlling cost.”
David Gelerman, CEO of Advantech
Wireless, stated, “The fiscal year 2014 exceeded all
expectations with increased customer confidence in our
innovative and cost-effective solutions. For the first time in
the history of Satellite Communications we were able to saturate
all transponders of the satellite with a single 13m antenna and
a single amplifier per polarization; our SapphireBluTM Series of
UltraLinearTM GaN HPAs has won the prestigious Most Innovative
Product of the Year 2013 from Satellite Markets and Research
Vision Awards and the Teleport Technology of the Year Award 2014
from the World Teleport Association. Our SapphireBluTM Series
HPAs represent a superior alternative to indoor Klystrons or
linearized TWTs for a fraction of the cost.”
Mr. Gelerman noted that the company
expects to continue this trend in the fiscal year 2015. “On the
VSAT product line, we have presented a game-changing terminal
design which is set to dramatically improve and simplify the
provision of VSAT terminals for use with High Throughput
Satellites. Our patent pending Next Generation Discovery
Adaptive Satellite Access Technology (A-SAT™) platform is
revolutionizing the satellite communications industry. As a
global company, we are committed to creating best in class
technologies to meet and exceed our customers’ needs.”
For both commercial and military
needs, Advantech Wireless is uniquely positioned to satisfy the
most demanding requirements. Advantech Wireless is delivering
real-world solutions today with more than 20 years of proven
field technology and main offices around the world.
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