Moseley Associates, Inc. Acquires Assets of REMEC Broadband Wireless Holdings and REMEC Broadband Wireless LLC


SANTA BARBARA, Calif. - Moseley Associates, Inc. announced that it has completed an agreement to acquire the assets and intellectual property rights, as well as key employees, of REMEC Broadband Wireless Holdings (RBWH) and REMEC Broadband Wireless LLC. (RBH).



The RBWH-RBW business will be conducted through a new wholly owned Moseley subsidiary, REMEC Broadband Wireless Networks, LLC. The existing senior management of RBWH and RBW will join and play key roles in the leadership team of REMEC Broadband Wireless Networks, LLC.



"REMEC is a pioneer in the design and manufacture of microwave and millimeter wireless carrier-class products and these products will complement our current offerings," said Jamal Hamdani, President and Chief Executive Officer of Moseley. "As we move forward, our company and our subsidiaries will continue our tradition to provide innovative products and services, always striving to anticipate and exceed the needs of our customers."



Moseley is an ISO 9001 company with offices in Santa Barbara, California; Richmond, Virginia; San Diego, California; and the U.K., France, and Egypt. Moseley and its wholly owned subsidiaries, Axxcelera Broadband Wireless (www.axxcelera.com), CarrierComm (www.carriercomm.com) and E-band Communications (www.e-band.com), offer wireless solutions up to 3 Gbps covering the 250 MHz to 90 GHz spectrum for both point-to-point and point-to-multipoint applications for the broadcast, carrier, broadband, enterprise and service provider marketplaces. Moseley uses proprietary technologies and owns more than 50 patents. The company has delivered more than a million radios and has deployments in over 120 countries.



For more information, please contact:

Bruce Tarr

btarr@moseleysb.com

(805) 968-9621

Moseley Associates, Inc.

82 Coromar Drive

Santa Barbara, CA 93117

www.moseleysb.com



SOURCE Moseley Associates, Inc.



Web Site: http://www.moseleysb.com

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