CPI Expands Presence in India, Opening Third India Service Center for Satellite Communications Customers
PALO ALTO, Calif., Aug. 31 /PRNewswire-FirstCall/ -- Communications & Power Industries, Inc., a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications, recently opened a new service center in Bangalore, India for its satellite communications customers. Communications & Power Industries (CPI) is a subsidiary of CPI International, Inc. (Nasdaq: CPII), and is a leading supplier of high-power amplifiers for satellite uplinks.
Several of CPI's key satellite communications customers are located in southern India, and the company has experienced an increase in demand for its satellite communications amplifiers in the region over the past few years as its relationships with these key customers have strengthened. As a result, CPI is expanding its presence in southern India by opening the new service center in Bangalore. The new service center is CPI's third service and support office in India for satellite communications customers, complementing existing service offices in Kolkata in northeastern India and Delhi in northwestern India.
"CPI now operates a market-leading 15 satellite communications service centers worldwide," said Rick Gordon, director of worldwide service and support for CPI's satellite communications division. "Outstanding service has always been one of the cornerstones of our business, and we are proud our customers around the world know that there is always a CPI service and support representative available nearby for them to consult." In addition to the three service centers in India, CPI operates 12 service centers in the Pacific Rim, Africa, Europe and the Americas for satellite communications customers.
CPI's satellite communications division manufactures and supplies high- power amplifiers and networks for satellite communications uplink applications. CPI has shipped more than 20,000 high-power amplifiers to customers in more than 150 countries, and provides a 24-hour service customer support network.
About CPI International, Inc.
CPI International, Inc., headquartered in Palo Alto, California, is the parent company of Communications & Power Industries, Inc., a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications. Communications & Power Industries, Inc. develops, manufactures and distributes products used to generate, amplify and transmit high-power/high-frequency microwave and radio frequency signals and/or provide power and control for various applications. End-use applications of these systems include the transmission of radar signals for navigation and location; transmission of deception signals for electronic countermeasures; transmission and amplification of voice, data and video signals for broadcasting, Internet and other types of communications; providing power and control for medical diagnostic imaging; and generating microwave energy for radiation therapy in the treatment of cancer and for various industrial and scientific applications.
Certain statements included above constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements provide our current expectations, beliefs or forecasts of future events. Forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual events or results to differ materially from the results projected, expected or implied by these forward looking statements. These factors include, but are not limited to, competition in our end markets; our significant amount of debt; changes or reductions in the U.S. defense budget; U.S. government contracts laws and regulations; changes in technology; the impact of unexpected costs; inability to obtain raw materials and components; and currency fluctuations. These and other risks are described in more detail in our periodic filings with the Securities and Exchange Commission. As a result of these uncertainties, you should not place undue reliance on these forward-looking statements. All future written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. We undertake no duty or obligation to publicly revise any forward-looking statement to reflect circumstances or events occurring after the date hereof or to reflect the occurrence of unanticipated events or changes in our expectations.
SOURCE CPI International, Inc.
CONTACT: Joanne Meacham, CPI Satcom Division, marketing support,
+1-650-846-3803, or firstname.lastname@example.org, or Amanda Mogin, investor relations,
+1-650-846-3998, or email@example.com, both of Communications & Power