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Start-Up
Wins $14 Million GPS Wireless Cellphone Contract
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21st November 2002 |
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The
antennas will be manufactured on Sarantel's fully automated assembly
line in Wellingborough UK, and shipments will be made over an 18 month
period commencing in January 2003. The intended cellular handset cannot
be disclosed at this stage. The PowerHelix antenna will operate successfully in the handset's challenging and noisy environment, but it also offers other benefits over the patch antennas traditionally used in GPS handheld products. In particular it can operate alongside the handset's own antenna without interference, and the high beam width enables more of the GPS satellites to be seen at any one time, meaning greater accuracy and positioning reliability. In addition, being a balanced antenna means that the weak signals from the satellites are not de-tuned when the handset is close to human tissue such as the hand or head. Barrie Foley, CEO of Sarantel, commented, "This major contract more than vindicates our strategy of heavily targeting the GPS hand-held sector which is growing very rapidly, especially as a result of the US E911 mandate and the proliferation of location-based services. Our PowerHelix antenna has beaten other technologies in what is a very competitive area and we are seeing strong demand for the antenna, particularly in the USA and Asia." Matt Taylor of VCF Partners representing Sarantel's lead investors, commented, "We are convinced that Sarantel's PowerHelix technology offers many benefits over old-technology antennas and this excellent contract strengthens our belief. Sarantel's technology can make GPS work better in mobile phones and PDAs, it can improve the performance of wireless LAN enabled PCs, and may solve some pressing problems for 3G phones. There's tremendous growth potential in these sectors, so Sarantel is definitely one to watch."
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