Advantech AMT Completes Acquisition of United Tri-Tech Corporation (UTTC) Assets

    Advantech AMT, a manufacturer of satellite and terrestrial wireless communication equipment with corporate headquarters in Montreal, Canada, today announces that it has completed an acquisition of the assets of United Tri-Tech Corporation (UTTC), including the Northern Radio and Wireless division. Financial details of the transaction were not disclosed.

UTTC offers a complete range of design services and comprehensive electronic manufacturing services, working with a diverse mix of electronic product types. The Northern Radio and Wireless (NRW) division, previously a business division of Nortel Networks, provides a range of terrestrial microwave radio products and related engineering services.

David Gelerman, Chairman and CEO of Advantech, said: "This acquisition consists of two state of the art companies that are very complimentary to our existing activities. We will enhance the contract manufacturing facilities of UTTC and will continue to grow this side of the business by delighting both existing and new customers with cost effective, on-time, deliveries of products and services with outstanding quality. NRW will play an important role in our overall terrestrial wireless business by complimenting our existing line of Allgon Microwave PDH and IP based point-to-point radios. Their World-class, carrier-grade, SDH/SONET products have worldwide penetration and a loyal customer base, which will support the strong growth of equipment sales that we are enjoying"

Advantech AMT is a leading designer and manufacturer of transmission and network technology for satellite and terrestrial wireless communications Products include modems, network routers, amplifiers, transceivers, frequency converters, antenna tracking controllers, combination systems, low to high capacity microwave radios, DVB-RCS systems, and Network Management Systems. Headquartered in Montreal, Canada, Advantech AMT has offices across North America and Europe.

To find out more about Advantech AMT please visit our corporate website

For any further questions please contact:
North America
Claudio Lucente Tel. + 1 514 420 0045; Fax + 1 514 420 0073
VP Terrestrial E-mail : [email protected]

Europe
Mark Lambert Tel. +44 870 720 3888; Fax +44 870 720 3861
Managing Director E-mail : [email protected]

# # #