YDI Wireless Appointed As Wireless OEM Distributor For Universal Scientific Industrial Co., LTD. For Americas
YDI Contact: David L.
Renauld (Vice President, Corporate Affairs)
Phone: 413-665-8551
USI Contact: Jerry Su
Phone: +886-49-2350876
Falls Church, Virginia — August 07, 2003: YDI Wireless, Inc. (OTCBB:YDIW) today announced that it has been appointed as original equipment manufacturer (OEM) distributor by Universal Scientific Industrial Co., Ltd. ("USI") for USI's wireless networking products in North America, Central America, South America, and the Caribbean region.
USI is one of the world's leading manufacturers of wireless LAN (WLAN) products, and its product line includes Wi-Fi WLAN products built around IEEE 802.11b/a/g chipsets manufactured by Agere Systems, Atheros, Broadcom, and Intersil. YDI now has the right to purchase, market, and distribute the complete line of USI WLAN products, including PC cards, MiniPCI devices, Compact Flash Cards, USB Client devices, Ethernet Converters, and Access Points, to OEM customers as well as under its own private label.
"We deliberately chose YDI to lead our efforts in expanding the sales of our products in North, Central, and South America. YDI has an excellent reputation for customer satisfaction and service, which is exactly what we need as we try to expand in geographic areas distant to us. This relationship with YDI supports our strategy of meeting the demands of customers in North and South America," said C.Y. Wei, Corporate Senior Vice President and General Manager of USI's Communication Business Group. "Together, YDI and USI can ensure that our customers receive the high quality of service and support that they require for their wireless networking needs."
"The combination of two industry leaders, USI's WLAN products and YDI's extended range products and services, brings the total solution customers expect as they look to deploy wireless data networks," said Robert Fitzgerald, Chief Executive Officer of YDI. "YDI is firmly committed to providing the best of the breed solution to our customers. With our vast experience in the WLAN market, we can't find any one even close to USI's price/performance ratio. We are extremely excited about offering the benefits of our new relationship with USI to our customers both on an OEM basis and as USI's products are integrated into YDI's extended range solutions."
Universal Scientific Industrial Co., Ltd. (USI) is a leading global company in the DMS industry, established in 1976. USI's main products cover computing, communication, mobile and application specific devices, components and modules. USI focuses on the product development and the capability enhancement in the four above mentioned strategic areas through its advanced automated facilities and professional manufacturing process technologies. USI maintains its excellent engineering capabilities by talent recruitment, development and retention. Leveraging its expertise and experience in micro-electronic packaging technology, USI provides the best total solution and most competitive costs to customers. USI's unique competition advantage contributes to provide high-quality products and timely services to its customers.
USI is the reliable long-term partner for world-wide OEMs. In 1999, USI became a member of the ASE Group. With ASE's competence and integrating resources, USI is able to provide excellent solutions to its customers. For more information, please visit www.usi.com.tw.
YDI is a world leader in providing extended range products for license free wireless data delivery systems. In addition, YDI is a leading designer of turn-key long distance wireless systems ranging from 19.9 kbps to 1 Gbps for applications such as wireless Internet, wireless video, wireless LANs, wireless WANs, wireless MANs and wireless virtual private networks. Additional information about YDI as well as its complete product line can be found at the company's web site located at www.ydi.com or by contacting the company by telephone at 413-665-8551 or by email at IR@ydi.com.
Statements in this press release that are not statements of historical facts are forward-looking statements that involve risks, uncertainties, and assumptions. Our actual results may differ materially from the results anticipated in these forward-looking statements due to risks arising from and relating to the recent combination of Telaxis Communications and Young Design and our ability to achieve the contemplated benefits of that combination; the downturn and ongoing uncertainty in the telecommunications industry and larger economy; the intense competition in our industry and resulting impacts on our pricing, gross margins, and general financial performance; and the other factors discussed in our filings made from time to time with the Securities and Exchange Commission and in our other public statements.