Andrew Corporation Wins 2.4 Million Euros Telematics Order from MAN Nutzfahrzeuge AG
ORLAND PARK, Ill.--June 9, 2003--Andrew Corporation has received a two-year contract, valued at 2.4 million Euros, from MAN Nutzfahrzeuge AG, one of Europe's leading commercial vehicle manufacturers, for a range of multiband bodymount antennas to enable GSM, AM/FM, and GPS communications on their commercial vehicles. The Andrew multiband antennas will be on-line fitted to the MAN trucks during the manufacturing process. MAN Nutzfahrzeuge AG has production plants in Austria, Germany, Poland, Turkey and South Africa.Andrew will supply MAN with a range of multiband antennas. According to the contract, the order will reach a value of over 2.4 million Euros over two years. Andrew has already delivered the first consignment of antennas to MAN.
"This significant new contract expands our presence in the key European fleet and heavy truck market and capitalizes on our core competency of mobile antenna design," said Joseph Mockus, Business Area Director, Multiband Antennas, Andrew Corporation.
The factory-fitted antennas will enable telematics for small or large vehicle fleets. Services include accurate location and movement data, detailed vehicle and driver performance data, two way text messaging and voice communications, trailer tracking and asset management, direct connection to breakdown services, and tachograph analysis. In human terms, these services are used to enhance driver safety and protection by improving load security and tracking, including providing proof of a truck's arrival and departure. Other benefits are better fuel economy, reduced insurance premiums, better asset utilization, and accurate vehicle performance reports. All these benefits can improve a fleet's productivity and profitability.
About MAN Nutzfahrzeuge AG
The MAN Nutzfahrzeuge Group is the largest company in the MAN Group and one of the leading international manufacturers of commercial vehicles. In fiscal year 2002 the company with its 34,000 employees generated a sales revenue of 6.6 billion Euros with sales of some 54,000 trucks and 7,600 buses.
About Andrew Corporation
Andrew Corporation is a global leader in the design, manufacture and supply of communications equipment and systems. Andrew provides proven solutions for wireless, fixed-line and satellite broadband service providers and broadcasters throughout the world. Andrew is an S&P 500 company listed on the Nasdaq National Market System under the symbol: ANDW.
For further information on Andrew products and services, including the text of this release, visit our website at http://www.andrew.com.