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REVENUE LEADERS

Rank Company Name 1996 Revenues (000)1 Matsushita Electric Inds. Co. Ltd. $63,192,0002 NEC Corp. $41,174,0003 Motorola Inc. $27,973,0004 Lucent Technologies Inc. $23,286,0005 Ericsson...

FED COURT UPHOLDS TELULAR’S PATENTS

VERNON HILLS, Ill.-Telular Corp. said the U.S. Court of Appeals for the Federal Circuit upheld a lower court's affirmation of certain Telular patents in Alliance Research Corp. vs. Telular Corp. The case now goes back to the district court to determine damages.Alliance Research, renamed...

TELULAR TO BECOME LAVA'S SUBSIDIARY

TORONTO-Telular Canada Inc. agreed to become a wholly owned subsidiary of Lava Systems Inc., which together will operate as an integrated information management company.According to the agreement, each Telular Canada common share and convertible share will be exchanged for .58 Lava common shares. The...

TELULAR TO BECOME LAVA’S SUBSIDIARY

TORONTO-Telular Canada Inc. agreed to become a wholly owned subsidiary of Lava Systems Inc., which together will operate as an integrated information management company.According to the agreement, each Telular Canada common share and convertible share will be exchanged for .58 Lava common shares. The...

COURT AFFIRMS RULING ON TELULAR PATENTS

BUFFALO GROVE, Ill.-Telular Corp. said the U.S. Court of Appeals for the Federal Circuit affirmed a lower court's ruling in the case of Arthur L. Serrano and Andrew W. Holman vs. Telular Corp.The lower court concluded that Telular Corp.'s patents 4,775,997 and 4,922,517 were...

PEOPLE

Metawave Communications Corp. named Vito Palermo senior vice president and chief financial officer, with responsibility for the company's financial and administrative operations including accounting, treasury, financial planning, investor relations and human resources. Most recently, Palermo served as vice president and corporate controller for Bay...

TAKING BACK ITS PATENT, TELULAR CREATES NEW TIES

After rescuing one of its core patents from bankruptcy court, Telular Corp. is charging back into the wireless data market with a new strategic alliance.The Buffalo Grove, Ill.-based company's AXCELL wireless data interface provides for portable fax and data transmission over the cellular network."We...

BUSINESS BRIEFS

Comcast Cellular Communications Inc. has entered into an agreement with Paging Network Inc. to offer PageNet's wireless messaging services, including the company's line of alphanumeric and numeric pagers. PageNet will provide Comcast with customized equipment and other turnkey programs that can include pager leasing,...

TELULAR IS OPTIMISTIC ABOUT FUTURE DESPITE RECENT ROUGH TIMES

Telular Corp. said it is emerging from its restructuring "lean and focused," in spite of the $12.4 million in one-time charges it cost the company to accomplish the changes.Telular reported a net loss of $17.4 million, or 69 cents per share, for the second...

TELECOM BROKERING VETERAN WARNER RUNS FOR VA. SENATE SEAT

ALEXANDRIA, Va.-Mark Warner knows how he'd market Virginia, one of America's booming high-tech hotbeds, if elected to the Senate this fall.He'd have a picture of Thomas Jefferson sitting at computer, saying, "Two hundred and fifty years ago, Virginia was a good place for innovation....

WORLD BRIEFS

L.M. Ericsson announced it has won a contract from Telecel to provide Digital Cross Connect for Portugal's Global System for Mobile communications network. The DXX Digital Cross Connect system will enhance the network that covers most of Portugal, Ericsson said. The order comes to...

TELULAR RESTRUCTURES TO REDUCE EXPENSES

BUFFALO GROVE, Ill.-Telular Corp. announced it has planned a major restructuring program. The company said it will consolidate its manufacturing and engineering by transferring production from its Puerto Rico and Illinois manufacturing facilities to its Atlanta facility, substantially reducing fixed manufacturing costs.Telular said the...

BUSINESS BRIEFS

Globalstar L.P. of San Jose, Calif., said it has completed a five-year, $250 million bank financing. The company said that with the bank facility, its remaining external financing requirements are about $600 million for the $2 billion Globalstar project. Globalstar will offer digital global...

TELULAR GAINS INVESTMENT BUT LOSES CHIEF EXECUTIVE

BUFFALO GROVE, Ill.-Telular Corp. announced a $100 million agreement with Motorola Inc.'s Cellular Infrastructure Group and said Richard Gerstner, Telular's director and chief executive officer, had resigned.Telular's agreement with Motorola calls for a three-year purchase and engineering and product commitment, and a cross OEM...

THE WORLD

Unitech Industries Inc. said it has agreed to manufacture private label cellular phone accessories for Caudwell Communication & Technology, a European distributor of cellular products. Unitech will manufacture batteries, power supplies, vehicle adapters, desk-top chargers and hands-free kits under the Dextra name, Caudwell's private...

MOTOROLA, TELULAR ENTER PREFERRED SUPPLIER DEAL

BUFFALO GROVE, Ill.-Motorola Inc.'s Network Ventures Division and Telular Corp. have signed an agreement allowing Telular to become a preferred supplier of fixed wireless subscriber equipment to Motorola NVD's cellular joint ventures worldwide.Under the terms of the agreement, NVD cellular operations will have the...

TELULAR SAYS ITS PATENTS UPHELD BY COURT JUDGE, ORA PLANNING TO APPEAL

BUFFALO GROVE, Ill.-Telular Corp. said a federal judge in Los Angeles ruled in Telular's favor against Ora Electronics concerning two patents and Ora's Cellular Data Link product line.However, Ora said it plans to appeal the judge's decision and noted that no injunction has been...

AT&T SNARES SNET ORDER

SNET Cellular Inc. awarded AT&T Network Systems Inc. a contract valued at $35 million to supply and install an Autoplex System 1000 for SNET in its Rhode Island and the Bristol, Mass., area markets, which operate under the Cellular One brand name.Autoplex provides customers...

JUDGE RULES FOR TELULAR IN PATENT INFRINGEMENT

BUFFALO GROVE, Ill.-Telular Corp. said a Chicago federal judge ruled in the company's favor recently in a patent infringement suit between Telular and Versus Technology Co.The dispute hinged around Versus' CAT 2001 cellular alarm transmission product business, which competes with Telular's Adcor Security Product...

SPECTRUM AGREES TO SELL TELULAR BACK ITS PATENT FOR THE AXCELL BUSINESS

PURCHASE, N.Y.-Spectrum Information Technologies Inc. signed an agreement to sell its AXCELL cellular interface business along with its rights from a related patent license agreement back to Telular Corp.Telular originally licensed the patent rights to Spectrum in an agreement dated March 23, 1992. Spectrum...

STOCKWATCH

Close Close 52-weekExch. Company 11/28 12/13 High LowOTC A+ Communications* 12.75 13.25 15.50 7.50OTC Adage Inc. 4.75 4.63 7.13 4.25NYS AirTouch 26.75 ...

STOCKWATCH

Close Close 52-WeekExch. Company 9/11 9/26 High LowOTC A+ Communications 11.00 12.50 19.00 7.50OTC Adage Inc. 5.25 5.00...

STOCKWATCH

Close Close 52-WeekExch. Company 8/29 9/11 High LowOTC A+ Communications 10.75 11.00 19.00 7.50OTC Adage Inc. 4.75 5.25...