MEDIA RELEASE PR39089
LitePoint Punctuates 10th Year Anniversary with Record Quarter
SUNNYVALE, Calif., April 12 /PRNewswire-AsiaNet/ --
LitePoint Corporation, the leader in wireless test solutions, posts
another record quarter, with 100 percent quarter-over-quarter growth.
"Our market segments are growing aggressively," said Benny Madsen,
LitePoint CEO. "Multi-radio convergence and the introduction of new wireless
standards offer great benefits and pose serious challenges to the wireless
value chain. Despite the rapid pace of change, our customers demand faster
time to volume, higher test quality, and more savings. These are core things
LitePoint does well, and the value proposition upon which we built our
business. As we celebrate our 10-year anniversary, we see strong
quarter-over-quarter growth and solid demand for our products and solutions
in the future," Madsen added.
"We are obviously very pleased with our growth," said Spiros Bouas,
LitePoint COO. "Our growth affords us the financial stability and the
resources to continue to differentiate and make big investments in innovation
and customer support. We are on track with our operating plan, and continue
to grow our engineering staff and field presence so we can literally be
closer to our customers. In addition to new field offices in China, we just
opened LitePoint Japan last week and are establishing a
cellular-test-technology center in Chicago in May."
Media contact:
Rob Brownstein
VP Communications
LitePoint Corporation
575 Maude Court
Sunnyvale, CA 94085
+1-408-456-5000 ext. 1131
rob.brownstein@litepoint.com
SOURCE: LitePoint Corporation
CONTACT: Rob Brownstein, VP Communications of LitePoint Corporation,
+1-408-456-5000 ext. 1131,
rob.brownstein@litepoint.com
Translations:
NEWS 
