IRVINE, Calif., Sept. 24, 2003 (PRIMEZONE) -- Military Communications Technologies, Inc. (OTCBB:MLTA) announced today that several of its key US based Executives together with a team of Executives from its Australian based affiliate, SDR Technologies Pty Ltd ("SDRT") have today embarked upon a 30 day "Road Show " throughout the USA and Canada to finalize recent negotiations regarding orders for its proprietary new military communications technology, PC4.
The proprietary PC4 Software Defined Radio ("SDR") technology is a revolutionary new concept in communications systems involving high level SDR applications specifically capable of meeting the stringent new requirements for both Military and Homeland defense communications and surveillance projects that have become a dominant priority since September 11th, 2001. PC4 effectively meets the requirements of large defense grade wireless communications systems more efficiently and cost effectively than current technology, and unlike other conventional hardware based communications systems, PC4 is reconfigurable via software upgrades. PC4 stands for programmable command, control, compute and communicate. It is designed for interoperable, lightweight and "reconfigurable on the fly" mobile military communications systems. PC4 is also specifically designed to enhance high-speed Radar applications and covert surveillance and interception (electronic eavesdropping) and is directly targeted at the demanding new military requirements associated with the US led "War on Terrorism".
MLTA is based in Irvine; California and is currently expanding its operational facilities in Southern California to establish defense grade engineering facilities as well as Executive Sales and Marketing operations. MLTA also owns a significant holding in Military SDR Technologies Pty Ltd ("MSDR"), and its wholly owned subsidiary and operational arm SDR Technologies Pty Ltd (SDRT") both based in Melbourne Australia. SDRT's current engineering team has developed the proprietary SDR technology over the past 5 years in Australia. MLTA will market and distribute both the PC4 military SDR technology as well as the commercial grade SpectruCell SDR technology designed for conventional wireless protocols (CDMA, W-CDMA, GSM, and other 3G protocols) network infrastructure applications throughout North and South America.
The Technology
MLTA's Australian affiliate, SDRT, has spent five years, researching and developing its Software Defined Radio (SDR) Operating System and is now well into commercialization. Significant inroads and orders have already been received, especially in Korea and China. Full details of a significant order received on June 30th 2003 from Korea for the SpectruCell SDR operating system & development platform will be announced next week.
The commercial grade SpectruCell SDR technology targeted specifically at Wireless Telecom Operators is capable of simultaneously processing current 2G protocols (GSM and CDMA) as well as the new 3G protocols (CDMA2000, WCDMA, UMTS, TDS-CDMA, etc). This is achieved from the same base station as well as providing a platform for multiple carriers, using the same existing cellular network infrastructure, to operate mobile virtual networks or shared facilities over the same network. The benefits for the commercial market include significant deployment and lifecycle cost savings and speed to market for the new wireless applications.
For military applications, the technology enables rapidly deployable, highly mobilized communications between forces using dissimilar platforms. The PC4 technology is ideally suited to a range of homeland security projects, inter service communications (Army/Navy/Air Force/Civilian), digital wireless upgrades and high-end signal processing applications (electronic warfare, etc.). The PC4 operating system is a framework to aid application developers in getting complex communications systems operational in the theatre quickly. The PC4 framework is compatible with the Joint Tactical Radio System (JTRS) and with the Software Communications Architecture (SCA) released by the JTRS Joint Program Office.
The framework has been likened in concept to the Microsoft Windows Platform upon which various applications can function. As examples MS Word, MS Excel etc. are applications. In an SDR SpectruCell sense, the applications are software modules that support communications protocols (GSM, CDMA, CDMA2000, HFMOD, etc.).
Key technological milestones achieved to date include
-- Complete end to end SDR commercial wireless base station system;
-- Software only implementation of GSM on a reconfigurable hardware
platform;
-- Software only implementation of IS-95 (CDMA) without the use of
Qualcomm Inc. (NASDAQ:QCOM) chipsets on a reconfigurable hardware
platform;
-- Implementation of the SDR SpectruCell and PC4 operating system;
and
-- Implementation of VOIP protocol stack on a wireless base station.
Target Markets
The core target markets for MLTA are:
-- Commercial Wireless Network Providers (AT&T Wireless Services Inc. -- (NYSE:AWE), Sprint FON Group -- (NYSE:FON), BellSouth Corp - (NYSE:BLS), SBC Communications Inc -- (NYSE:SBC); market research and projections by the Yankee Group (Boston USA) indicate the total market size for telecommunication infrastructure to be over $70 billion per year through 2005. Of this it is estimated that between 150,000 and 250,000 base stations will be sold on an annual basis at an estimated cost of US$50,000 per base station.
-- Military and Government Agencies -- There is currently over US$59 billion allocated for IT related homeland security programs by the US Government. The PC4 and SDR SpectruCell technology have application in a significant portion of these programs.
Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations and new and existing products, technologies and opportunities, market growth, demand for acceptance of new and existing products, are forward-looking statements. The words, "believe," "expect," "anticipate," "estimate," "project," and similar expressions identify forward-looking statements that speak only as the date hereof. This press release contains certain forward-looking statements regarding Military Communications Technologies, INC. ("MLTA") its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause MLTA's actual business, prospects and results of operations to differ materiality from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by MLTA in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect MLTA's business.