PRESS RELEASES


RF Networks Inc.

TELETRONICS TECHNOLOGY CORPORATION (TTC) ACQUIRES RF NETWORKS, INC.

TTC President & CEO, Mansour Radmand, announced today that the company acquired RF Networks, Inc. Located in Phoenix, Arizona, RF Networks, Inc was established in 1993 to fulfill the need for high-speed data modems on AM or FM fiber and broadband coaxial cable systems. Since its inception, RF Networks, Inc has designed and delivered RF modems, FQPSK, SOQPSK modulators, demodulators and diversity branch selectors.

“RF Networks is a valuable and strategic acquisition. The synergies achieved by combining the engineering resources of the two companies will provide many new products that are being demanded by our customers. These products will include new Airborne, PCMCIA, PCI and ground rack-mount systems which will support our customers’ high-performance and low-cost instrumentation needs,” Mansour Radmand added.

Immediate plans are to expand the RF Networks Division by doubling its size and staff at its native, Phoenix location.

TTC is the world premier supplier of data acquisition systems and has previously supplied products and services to many US and International Programs including F-22, F-16, F-18E/F, EA-18G Aircraft, Bell 609 and Super Puma Helicopters, as well as UAVs and Missiles. TTC was also selected as the Instrumentation Supplier for the F-35 (JSF) Program and received the 2004 Integrated Test Force Distinguished Supplier Award. TTC is an approved supplier for the US Tri-Service Common Airborne Instrumentation System (CAIS) used on many of these programs. They were also recognized by the US Small Business Administration as Vendor of the Year and are ISO 9001 Certified.