Wireless Facilities, Inc. is Awarded Multi-Site Network Deployment Contract From Regional Wireless Carrier
Wireless Facilities, Inc. is Awarded Multi-Site Network Deployment Contract From Regional Wireless Carrier
July 20, 2004 at 12:00 AM EDT
Wireless Facilities, Inc. is Awarded Multi-Site Network Deployment Contract From Regional Wireless Carrier
"This project win demonstrates the repeating pattern of business WFI enjoys with its customers and demonstrates the trust these customers place in WFI," commented Eric DeMarco, President and Chief Executive Officer of Wireless Facilities. "This project is further validation of the commitment, quality of service and level of expertise we provide to our customers. Our expanding portfolio of turnkey, infrastructure development services is helping customers meet increasing demands for networked technology services such as wireless voice and data delivery."
About Wireless Facilities, Inc.
Headquartered in San Diego, CA, Wireless Facilities, Inc. is an independent provider of systems engineering, network services and technical outsourcing for the world's largest wireless carriers, enterprise customers and for government agencies. The company provides the design, deployment, integration, and the overall management of wired and wireless networks which deliver voice and data communication, and which support advanced security systems. WFI has performed work in over 100 countries since its founding in 1994. News and information are available at www.wfinet.com.
Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements including, without limitation, express or implied statements concerning the Company's expectations regarding future financial performance and market developments that involve risks and uncertainties. Such statements are only predictions, and the Company's actual results may differ materially. Factors that may cause the Company's results to differ include, but are not limited to: changes in the scope or timing of the Company's projects; slowdowns in telecommunications infrastructure spending in the United States and globally, which could delay network deployment and reduce demand for the Company's services; the timing, rescheduling or cancellation of significant customer contracts and agreements, or consolidation by or the loss of key customers; the adoption rate of new wireless data services; financial constraints on our customers that could cause us to write off accounts receivable or terminate contracts; failure to successfully consummate acquisitions or integrate acquired operations; changes in the Company's effective income tax rate; the rate of adoption of telecom outsourcing by network carriers and equipment suppliers; the rate of growth of adoption of WLAN and wireless security systems by enterprises; and competition in the marketplace which could reduce revenues and profit margins. The Company undertakes no obligation to update any forward-looking statements. These and other risk factors are more fully discussed in the Company's Annual Report on Form 10-K filed on March 8, 2004 and in other filings made with the Securities and Exchange Commission.
SOURCE Wireless Facilities, Inc. 07/20/2004 CONTACT: Media, Michael Baehr, Director of Communications, +1-858-228-2799, michael.baehr@wfinet.com, or Investors, Rochelle Bold, Senior VP of Corporate Development & Investor Relations, +1-858-228-2649, rochelle.bold@wfinet.com, both of Wireless Facilities, Inc.
Wireless Facilities, Inc. is Awarded Multi-Site Network Deployment Contract From Regional Wireless Carrier
SAN DIEGO, July 20 /PRNewswire-FirstCall/ -- Wireless Facilities, Inc. (Nasdaq: WFII), a global leader in the design, deployment, and management of wireless networks, today announced that it has been awarded a multi-site network deployment contract from a regional wireless carrier. The total project value is estimated to be over $10 million dollars, and the project's Master Services Agreement includes the design and deployment of multiple sites. In addition, WFI will provide full turnkey services, including project management, radiofs frequency (RF) design and network installation. Further terms of the agreement were not disclosed."This project win demonstrates the repeating pattern of business WFI enjoys with its customers and demonstrates the trust these customers place in WFI," commented Eric DeMarco, President and Chief Executive Officer of Wireless Facilities. "This project is further validation of the commitment, quality of service and level of expertise we provide to our customers. Our expanding portfolio of turnkey, infrastructure development services is helping customers meet increasing demands for networked technology services such as wireless voice and data delivery."
About Wireless Facilities, Inc.
Headquartered in San Diego, CA, Wireless Facilities, Inc. is an independent provider of systems engineering, network services and technical outsourcing for the world's largest wireless carriers, enterprise customers and for government agencies. The company provides the design, deployment, integration, and the overall management of wired and wireless networks which deliver voice and data communication, and which support advanced security systems. WFI has performed work in over 100 countries since its founding in 1994. News and information are available at www.wfinet.com.
Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements including, without limitation, express or implied statements concerning the Company's expectations regarding future financial performance and market developments that involve risks and uncertainties. Such statements are only predictions, and the Company's actual results may differ materially. Factors that may cause the Company's results to differ include, but are not limited to: changes in the scope or timing of the Company's projects; slowdowns in telecommunications infrastructure spending in the United States and globally, which could delay network deployment and reduce demand for the Company's services; the timing, rescheduling or cancellation of significant customer contracts and agreements, or consolidation by or the loss of key customers; the adoption rate of new wireless data services; financial constraints on our customers that could cause us to write off accounts receivable or terminate contracts; failure to successfully consummate acquisitions or integrate acquired operations; changes in the Company's effective income tax rate; the rate of adoption of telecom outsourcing by network carriers and equipment suppliers; the rate of growth of adoption of WLAN and wireless security systems by enterprises; and competition in the marketplace which could reduce revenues and profit margins. The Company undertakes no obligation to update any forward-looking statements. These and other risk factors are more fully discussed in the Company's Annual Report on Form 10-K filed on March 8, 2004 and in other filings made with the Securities and Exchange Commission.
SOURCE Wireless Facilities, Inc. 07/20/2004 CONTACT: Media, Michael Baehr, Director of Communications, +1-858-228-2799, michael.baehr@wfinet.com, or Investors, Rochelle Bold, Senior VP of Corporate Development & Investor Relations, +1-858-228-2649, rochelle.bold@wfinet.com, both of Wireless Facilities, Inc.