|[January 10, 2013]
Microwave Vision Group announces the signature of a 1 million EUR contract in the Middle East
PARIS --(Business Wire)--
Philippe Garreau, Chairman of Microwave Vision Group (News - Alert) (MVG), is delighted
with this contract signed at the end of 2012: "This success is the fruit
of a continuous commercial endeavor to be recognized in this region, and
demonstrates the suitability of our offer both from a technical
perspective and in terms of the related support services."
The new order is for 2 systems, an 18 GHz StarLab and an MG-Lab, compact
and mobile equipment which meet the Client's requirements in terms of
budget, performance and ease of use.
The StarLab is one of the flagship solutions provided by Microwave
Vision Group for antenna measurement applications. The second product,
the MG-Lab, on the other hand, is an innovation: a new compact testing
system dedicated to the new WiGig protocol with an already promising
commercial future. This system, sold before its commercial roll-out,
will be launched worldwide in the first quarter of 2013.
It should be noted that WiGig is new wireless technology which enables
data to be exchanged at speeds of up to 7 Gb/s. A suitable replacemnt
for the cables cluttering up our homes!
The protocol is supported by Broadcom, Cisco, Dell, Intel (News - Alert), Microsoft,
NEC, Nvidia and Nokia, etc.
MG-Lab will be launched at a time when the manufacturers of electronic
products are in the process of integrating WiGig into new electronic
devices under development. The merging of the Wi-Fi and WiGig
standardization bodies, announced recently, demonstrates the importance
that this new protocol will have in the future. Dual equipment combining
Wi-Fi and WiGig should be on the market in 2013.
About MICROWAVE VISION
MICROWAVE VISION Group - MVG - (NYSE-Euronext: ALMIC) is a leading
global manufacturer of antenna test and measurement systems for the
Telecommunications, Automotive, Defense and Aerospace industries, as
well as for academic research. With the recent acquisition of REMC,
specialists in shielded chambers for anechoic, EMC (News - Alert) and screened room
solutions, MVG offers the widest range and most innovative technology of
its kind in the respective markets. The company brings together the
high-precision electronic scanners developed by SATIMO (News - Alert) using its
"microwave vision" technology, ORBIT/FR products developed through a
state-of-the-art technology of high-performance positioners and
electromechanical scanners, AEMI high performing absorbing materials,
and now REMC provider of specialized shielded chambers. MVG is located
in 9 countries - France, Italy, Germany, UK, Sweden, USA, Israel, China,
and Japan, and has more than 260 employees. The group boasts a client
base including several large international companies. MVG achieved a
turnover of € 44.03 million for the year end 31 December 2011. MVG has
been awarded the OSEO certification "Innovative Company". Alternext,
code ISIN FR 0004058949 | For more information, visit: http://www.microwavevision.com
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