Wireless News

The latest news in wireless networking and accessories


sidekick_180x150
Wireless News...
Comtech Group, Inc. to Present at Needham & Company's Ninth Annual Growth Stock Conference on January 11, 2007
12 January 2007
NextWave Wireless S-1 Shelf Registration Declared Effective by SEC
7 January 2007
Opal Telecom Chooses Ryder Systems For End-to-End Customer Invoice Analysis And Presentment Solutions press release
6 January 2007
Numerex Announces $10 Million Private Placement
5 January 2007
Streaming21 Showcases IPTV and Mobile TV Solutions at ITU Telecom World 2006
5 January 2007
SAP Helps Companies Meet the Challenges and Reduce the Costs of Global Trade
5 January 2007
BluePhoenix Solutions Completes Platform Migration for the Port of Felixstowe, Largest Container Port Facility in the UK
5 January 2007
Alcatel-Lucent Closes Nortel Unit Deal and Verizon Wireless Completes $180 Million in Network Enhancements
5 January 2007
Prime Time Group Announces Launch Date in Puerto Rico With Wireless Partner Brightpoint
4 January 2007
Wi-LAN Completes Closing of $30 Million Bought Deal Financing
3 January 2007
CWA: AT&T-BellSouth Merger Will Promote Critical Build-out of High-Speed Networks
2 January 2007
Harrah's Board Said to OK $16.7B Offer and MGM Shares Up 3.6% on Pequot Tribe Alliance
1 January 2007
Western Europe to Experience Increased Adoption of Fixed-Mobile Convergence Solutions
31 December 2006
OneSky Empowers Private Jet Travel at Substantial Savings This Holiday Season
31 December 2006
Predator Marketing System Goes "Down Under"
31 December 2006
Town of Pepperell Selects Proxim Wireless Tsunami(TM) Point-to-Multipoint Product Line as Foundation for Municipal Network
31 December 2006
Wall Street Transcript's ''Growth Stocks'' Issue Includes Interview with NewMarket Technology, Inc. and Harrah's Agrees to Be Acquired by Apollo and T
31 December 2006
Digital Media Pushes Growth in Stagnant European Car Audio Systems Market
31 December 2006
In Its First Year, Verizon Business Establishes Itself as a Global Leader in Network Operations, Technology and IT
31 December 2006
NextPhase Wireless Names Tom Hemingway as Chairman and Chief Operating Officer
31 December 2006
Spirent Communications PLC - Directorate Change
31 December 2006
Spirent Communications PLC announces Total Voting Rights
31 December 2006
Procera Networks Partners With Leading Wireless Mesh Network Provider SkyPilot to Deliver Carrier-Class, Broadband Internet Services
31 December 2006
Safend Joins iNAC Integration Offerings
31 December 2006
RFID and Bar Code Wristbands for Positive Patient ID Shown at HIMSS
31 December 2006
Prime Time Group Inc. Concludes Transfer, Introduces New Leadership
31 December 2006
Verizon Wireless Customers Ring in the Season and Airspan Announces Selection of Wavecall's WaveSight Product
31 December 2006
Tsunami Predicted for 1st April 2007
30 December 2006
Industrial CRM Becomes a Value Proposition for Distributors
29 December 2006
EFJ, Inc.'s 3e Technologies International Receives FIPS 140-2 Validation(TM) for OEM Module
29 December 2006

Archive
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004

f-html_160x600
 

L-3 Communications Acquires Mobile-Vision, Inc

16 April 2005

L-3 Communications (NYSE: LLL) announced today that it acquired Mobile-Vision, Inc. on April 12, 2005. The company will be renamed L-3 Communications Mobile-Vision, Inc. and is expected to be accretive to L-3 Communications' results for 2005. The terms of the transaction were not disclosed.

Located in Boonton, New Jersey, Mobile-Vision is a leading supplier of in-vehicle video recording systems for law enforcement agencies, with a product line that includes both analog and digital recording systems, plus associated peripherals. Currently, Mobile-Vision has an installed product base of over 50,000 systems for over 4,500 state and local law enforcement agencies.

The company's Flashback(TM) digital video recording system includes a console-mounted digital video recorder with a solid-state flash memory, a video camera, wireless microphone and a small LCD monitor. The system allows simultaneous recording of up to two video sources and three audio sources, plus supporting data including time, date and GPS location. Mobile-Vision also offers software and servers for reviewing and archiving video records.

"With its excellent market position, solid customer relationships and large installed base, Mobile-Vision is an excellent fit with L-3's growing public safety and homeland security segments," said Frank C. Lanza, chairman and chief executive officer of L-3 Communications. "We are following through on our strategy to develop total solutions for communications and information fuzing and recording for the first responder organizations of local municipalities and federal, state, county and civic agencies. Mobile-Vision, with its broad user base, will create new opportunities for L-3 as we expand in this area."

Mr. Lanza also noted that Mobile-Vision will be a part of L-3's Products Group which is overseen by senior vice president and Products Group president and chief operating officer, Charles J. Schafer.

Headquartered in New York City, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems, secure communications systems, aircraft modernization, training and government services and is a merchant supplier of a broad array of high technology products. Its customers include the Department of Defense, Department of Homeland Security, selected U.S. Government intelligence agencies and aerospace prime contractors.

To learn more about L-3 Communications, please visit the company's web site at www.L-3Com.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

Contacts
L-3 Communications
Cynthia Swain, 212-697-1111
or
Financial Dynamics
Investors: Eric Boyriven, Olivia Pirovano
Media: Evan Goetz
212-850-5600

Source: Business Wire



All trademarks and copyrighted information contained herein are the property of their respective owners.


Related Articles



  Blackberry7230_160x600
Telecom News
SmartPhone News
Monitors News
Voip News
Hardware News
Storage News
Security News
Electronics News
Poker News
Casino News

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z