SANTA BARBARA, Calif. -- Superconductor Technologies Inc.
;("STI"), the global leader in high-temperature superconducting (HTS)
products for wireless applications, today announced the launch of two new
products from their SuperPlex(TM) Solutions product family -- the SuperPlex(TM)
1-1900 and the HTS-Ready(TM) Duplexer 850 Series HP.
The products are being introduced by STI today at booth 1939 during CTIA
Wireless 2002, the Cellular Telecommunications & Internet Association's
annual trade show March 18-20 at the Orange County Convention Center in
Orlando.
The SuperPlex 1-1900 and the HTS-Ready Duplexer 850 Series HP expand STI's
growing family of premium RF grooming and overlay solutions. The first of these
new products is expected to ship as early as the second quarter of 2002, the
company said.
"We are proud to introduce these new products and expand the SuperPlex
Solutions family," said M. Peter Thomas, president and chief executive
officer of Superconductor Technologies. "The 850 Series HP duplexer
represents a best-in-class product with respect to power handling and
transmission/receiving isolation. As an overlay solution, the SuperPlex 1-1900
product line is a breakthrough that provides a premium, yet extremely
cost-effective, solution to a critical need facing the marketplace today."
STI introduced the SuperPlex Solutions family last year in the North
American PCS/cellular overlay market. These versatile multiplexing solutions
combine and filter both the receive and transmit RF paths in the cellular and
PCS spectrum.
SuperPlex 1-1900 is designed for carriers seeking to overlay a PCS network
on top of a cellular network. SuperPlex 1-1900 has been optimized for base
station applications to allow the use of a single antenna in a PCS/cellular
overlay. By offering a single component, SuperPlex Solutions enable fast and
efficient overlays that enhance network quality and reduce time to deploy for
carriers by providing "zoning-friendly" solutions.
The HTS-Ready Duplexer 850 Series HP delivers superior duplexing
functionality in the 850 MHz cellular band. The "HP" version
represents a major increase in power handling from the standard HTS-Ready
Duplexer 850 Series, providing twice the amount of average (1200 watts versus
600 watts) and four times as much peak power handling (40 kilowatts versus 10
kilowatts).
"We believe that the Duplexer 850 Series HP product will quickly
attract strong customer interest in the duplexer market niche," Thomas
said. "Its sister product, the Duplexer 850 Series, already provides a
high-power solution relative to other products on the market. The HP model
takes it to a new level.
"Our goal at STI is to continue to leverage our core superconducting
filter technology with innovative solutions that offer increasing levels of
functionality for our customers," he said. "These new products
represent a commitment to that strategy, and provide operators with solutions
that continue to offer exceptional value as they migrate their networks to the
next generation."
About Superconductor Technologies Inc. (STI)
Superconductor Technologies Inc., headquartered in Santa Barbara, CA, is
the global leader in developing, manufacturing, and marketing superconducting
products for wireless networks. STI's Total Link Enhancement(SM) solutions are
proven to increase capacity utilization, lower dropped and blocked calls,
extend coverage, and enable higher wireless transmission data rates.
SuperFilter(R), the company's flagship product, incorporates patented
high-temperature superconductor (HTS) technology to create a cryogenic receiver
front-end (CRFE) used by wireless operators to enhance network performance
while reducing capital and operating costs. More than 1,000 SuperFilter Systems
have been deployed worldwide logging in excess of 13 million hours of
cumulative operation.
In December 2001, the company received a new order for a minimum of 1,000
units of its SuperFilter Systems from a major North American wireless carrier.
Deliveries on that order began immediately and are scheduled to continue
through the first quarter of 2003, with certain minimum deliveries required in
each calendar quarter. In addition, the carrier indicated that it has
standardized on STI's SuperFilter for inclusion in all of its new base stations
as well as retrofit solutions in existing base stations across its network.
Safe Harbor Statement
The press release contains forward-looking statements made in reliance upon
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include, but are not limited to, the Company's
views on future commercial revenues, market growth, capital requirements, new
product introductions, and are generally identified by phrases such as
"thinks," "anticipates," "believes,"
"estimates," "expects," "intends,"
"plans," and similar words. Forward-looking statements are inherently
subject to uncertainties and other factors, which could cause actual results to
differ materially from the forward-looking statements. These factors and
uncertainties include: the Company's ability to expand its operations to meet
anticipated product demands; the ability of the Company's products to achieve
anticipated benefits for its customers; the anticipated growth of the Company's
target markets; unanticipated delays in shipments to customers; the Company's
ability to achieve profitability; the uncertainties of litigation and the
outcome of patent litigation with ISCO International. The Company refers
interested persons to it most recent Annual Report on Form 10-K and its other
SEC filings for a description of additional uncertainties and factors that may
affect forward-looking statements. Forward-looking statements are based on
information presently available to senior management, and the Company has not
assumed any duty to update its forward-looking statements.
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