EXHIBIT 99.1
On July 14, 1997, the Registrant issued the following press release:
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NEWS RELEASE
Antennas America, Inc. licensed by DIRECTV(R) to manufacture its new
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Freedom(TM) Antenna system
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WHEAT RIDGE, COLORADO, July 14, 1997 - Antennas America, Inc. (OTC: BB:ANTM)
(the "Company") announced today that it has been licensed by DIRECTV(R) a
division of Hughes Electronics Corporation, to use the DSS(R) trademark on the
Company's new FREEDOM(TM) Antenna system.
Prior to issuing the license DIRECTV(R) evaluated the FREEDOM(TM) Antenna for
performance. DIRECTV(R) which is the largest provider of direct-to- home (DTH)
digital programming, broadcasts directly from satellites to the home via the
popular, easily installed 18" satellite dish.
Randall P. Marx, Chief Executive Officer, stated: "We are very proud to be a
member of the DIRECTV(R) family providing accessory products for DSS(R)
equipment. It is our intention to continue to provide unique antenna solutions
and to submit other similar products to DIRECTV(R) in the near future. We look
forward to this relationship and will do our part to help enhance the satellite
television viewing experience."
U.S. federal law prohibits subscribers to satellite services from receiving
local channels or other network programming if those networks are available
using a VHF/UHF antenna. The FREEDOM(TM) Antenna system has been developed by
the Company to enable satellite service subscribers to receive local channels in
an efficient and aesthetically pleasing manner. The FREEDOM(TM) Antenna is a
flat VHF/UHF over-the-air antenna that conforms to the back of an 18" satellite
dish. It is designed to be inconspicuous and is an ideal alternative to
conventional antenna technology both in general and where there may be
limitations due to zoning codes, covenants, homeowners association restrictions
or where there is simply the need for more aesthetically pleasing antenna
solutions.
The FREEDOM(TM) Antenna conveniently fits on the back of the RCA, Toshiba,
Eurosat, Uniden, Hughes Network Systems, GE, and ProScan 18" satellite dishes.
The Company also has introduced a new FREEDOM(TM) Antenna that will attach to
the back of the Sony and Phillips/Magnavox 18" dishes.
The FREEDOM(TM) Antenna can be used when a mid-range antenna is required,
usually within 25 miles from the over-the-air transmitter site. The FREEDOM(TM)
Antenna is omnidirectional, which allows it to receive broadcast signals from
all directions. An amplifier (not included) can be used for longer range
applications. Using a proprietary cable tuning assembly attached to the
FREEDOM(TM) Antenna, the antenna can be positioned during the installation
process by adjusting the cable to tune out ghosting or to tune in other TV
channels located at different transmitter sites.
If access to an already installed 18" satellite dish is difficult or is in an
unfavorable position for over-the-air antennas, the Company offers the
WALLDO(TM) Antenna as an alternative. The WALLDO(TM) Antenna system is a flat
over-the-air antenna system using the same technology as the FREEDOM(TM)
Antenna. The WALLDO(TM) Antenna can be installed on a chimney, eave or roof of a
house and can be painted to match the house. The WALLDO(TM) Antenna has not yet
been submitted to DIRECTV(R) for approval.
This report contains forward looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Although the Company believes that the expectations reflected in the
forward-looking statements and the assumptions upon which the forward-looking
statements are based are reasonable it can give no assurance that such
expectations and assumptions will prove to have been correct. See the Company's
Annual Report on Form 10-KSB for additional statements concerning important
factors, such as demand for products, manufacturing costs, and competition, that
could cause actual results to differ materially from the Company's expectations.
Antennas America, Inc. using technology developed by the Company, designs,
develops and manufactures a complete line of antenna and related systems for the
wireless communications industry. These products include several planar array
flat antennas for indoor and outdoor use as well as conformal antennas designed
for smaller applications such as radios and computer devices. The Company also
provides custom antenna designs and manufacturing for Original Equipment
Manufacturers (O.E.M.) and other emerging wireless communications markets.
For more information contact:
Randall P. Marx or
Richard L. (Andy) Anderson
303-421-4063
Email: rmaai@aol.com