Exhibit 99.01
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September 2005
www.radn.com
This presentation includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. More detailed information about those factors is contained in Radyne Corporation’s filings with the Securities and Exchange Commission.
[LOGO OF RADYNE]
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[CHART APPEARS HERE]
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• | All Manufacturing under ISO 9001 |
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• | 315 Employees including 39 in Sales (27 non-US) |
[GRAPHIC APPEARS HERE]
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Communications Products Markets
[CHART APPEARS HERE]
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Satcom Electronics & Power Amplifiers
[CHART APPEARS HERE]
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• | Commercial Modems |
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• | DMD20 – Next Generation |
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• | DISA Certified Modem |
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• | New 52 MB/S EBEM |
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• | Frequency Converters |
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• | Redundancy Switches |
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• | Integrated Modem/Transceiver |
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• | Modems | |
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| • | Satellite Data Rates – 2.4 kB/s to 240 MB/s |
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| • | Troposcatter Data Rates – 20 MB/s |
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| • | Redundancy Switches |
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• | Converters | |
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| • | Ka, Ku, & C Bands |
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| • | Redundancy Switches |
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• | Integrated Modem Transceiver | |
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| • | Ku & C Bands |
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| • | 5, 10, & 25 Watt |
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• | Power Amplifiers | |
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| • | C, Ku, KA, X, and Q Bands |
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| • | 10 Watts to 3300 Watts |
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• | TWTAs: Rack and Antenna Mount |
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• | SSPAs: Rack and Antenna Mount |
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• | Klystron Power Amplifiers |
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• | Block-up Converters |
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• | C, Ku, Ka, & Q Bands |
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• | 25 Watts to 3300 Watts |
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• | Tri-Band Amplifiers |
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[CHART APPEARS HERE]
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Communications Products
Demand Drivers
• | Telecommunication Companies and ISPs | |
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| • | Continuing Worldwide Recovery of Telecommunications Markets |
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| • | Emerging New Requirements - (HDTV Distribution) |
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| • | Demand for Internet Connectivity |
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| • | Disaster Recovery |
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| • | Video Distribution |
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• | Military and Government | |
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| • | Defense Information Systems Agency (DISA) Certified Modems |
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| • | Continuing Need to Support Military in Foreign Territory |
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| • | Need to Monitor Satellite Traffic for Terrorism Threats |
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| • | Troposcatter Upgrades |
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| • | New Tropo Requirement – Single Antenna Tropo |
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| • | New Satellite Requirements – HDR, GMT |
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Communications Products
Customer Mix
[CHART APPEARS HERE]
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[CHART APPEARS HERE]
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[CHART APPEARS HERE]
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• | MPEG-2 HDTV Video Encoders |
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• | MPEG-2 SD Video Encoders |
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• | HDTV IRD |
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• | SDTV IRD |
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• | Redundancy Switches |
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• | Multiplexers |
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• | Interface Adapters |
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• | HDTV Encoders | |
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| • | Compression – 1 MB/s to 160 MB/s |
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| • | MPEG 4.2.0 Encoding |
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| • | MPEG 4.2.2 Encoding |
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| • | Built in Satellite Modulator |
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| • | Built-in Monitor |
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| • | All Standards Supported |
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• | SDTV Encoders | |
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| • | Compression – 1 MB/s to 20 MB/s |
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| • | MPEG 4.2.0 and 4.2.2 Encoding |
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| • | NTSC/PAL/SDI Video Compliant |
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• | IRDs | |
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| • | MPEG 4.2.0 and 4.2.2 |
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| • | Low Cost |
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HDTV & Digital TV Customer Mix
[CHART APPEARS HERE]
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HDTV & Digital TV Demand Drivers
• | Demand for HDTV and Digital TV in the United States | |
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• | Consumers Seeking New Content | |
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• | Distributors (Cable, Satellite) Push for More HDTV Channels | |
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• | European and Asian Requirements | |
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| • | World Cup in Germany (2006) |
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| • | Expanding Interest in Asia |
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| • | Beijing 2008 Olympics |
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• | FCC Mandate for Digital TV by January, 2006 |
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HDTV & Digital TV
Estimated Market Share
[CHART APPEARS HERE]
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• | L-3 Communications |
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• | Datapath, Inc. |
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• | Harris Corporation |
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• | Ft. Mead |
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• | Naval Inventory Control |
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• | Global Satcom Technology |
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• | DirecTV & Hughes Network Systems |
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• | Microwave Radio Communications |
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• | Raytheon |
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• | Andrew Corporation |
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• | US Navy SPAWAR System Center |
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• | World Bank |
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| Typical |
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Satcom |
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| 40 – 60% |
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HDTV |
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| 30 – 70% |
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Amplifiers |
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| 25 – 30% |
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[CHART APPEARS HERE]
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[CHART APPEARS HERE]
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…Result in Improved Profitability
[CHART APPEARS HERE]
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Radyne’s Balance Sheet Remains Strong
Select Balance Sheet Items
(millions)
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| 6/30/05 |
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Cash |
| $ | 5.9 |
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Inventory |
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| 18.9 |
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Total Assets |
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| 88.8 |
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Debt |
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| 5.0 |
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Stockholders Equity |
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| 67.2 |
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[CHART APPEARS HERE]
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• | Satellite Communications Products | |
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| • | DVB–S2 Modulators and Demodulators – Upgraded Modulations |
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| • | DMD-2050 Military Modem (EBEM) |
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| • | Outdoor Transceivers – Ku & C Band |
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| • | Outdoor Integrated Modem Transceiver (IMT) – Ku & C Band |
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| • | 2500W TWTA C & Ku Band |
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| • | 180 W TWTA Airborne Q Band |
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| • | 1600W X-Band TWTA |
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| • | Triband Block Upconverter |
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• | Digital Video | |
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| • | HD-4000 Decoder (HDTV) |
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| • | Advanced Video Encoder (MPEG-4) |
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• | Troposcatter Modems & Systems |
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Troposcatter (Over the Horizon) Primer
[GRAPHIC APPEARS HERE]
• | Received signal Depends on Tropospheric irregularities (Scatter). |
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• | Received signal constantly varies in time (Fading) |
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• | Multiple signals are optimally combined. (Diversity) |
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• | Many signals arrive at receiver from different paths (Multipath) |
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• | C-Band, X-Band, and Ku-Band can be used |
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• | Market Drivers | ||
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| • | Old Military Tropo (TRC-170) Upgrade | |
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| • | Lessons Learned in Iraq | |
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| • | Higher Rates Needed |
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| • | Single Antenna Desirable |
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| • | New Technology (Current System designed 35 Years ago) | |
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| • | New Information on Use of Ku Band for Tropo | |
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| • | Can replace 5 to 10 Microwave Hops | |
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| • | Replacement for Satellite links (Oil Platforms) (No monthly fees) | |
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• | New technology can increase rate from 6 MB/s to over 20 MB/s | ||
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• | New Technology makes single antenna system possible |
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• | Military Program – Teamed with Raytheon, General Dynamics | |
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| • | Phase I – Replace 700 TRC-170 Modems |
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| • | Phase II – Tropo for the Future – New Systems (Mobile Tropo) |
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• | New MidEast Systems being Deployed – Teamed with General Dynamics | |
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• | Oil Platform Satellite Replacements | |
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• | Competition – None Known Today | |
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| • | Only other supplier has 35 year old technology |
[GRAPHIC APPEARS HERE]
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[LOGO OF RADYNE]
investor@radn.com
Investor Relations
Radyne Corporation
3138 E. Elwood Street
Phoenix, AZ 85034
+1.602.437.9620
www.radn.com
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