DALLAS--(BUSINESS WIRE)--RF Monolithics, Inc. (NASDAQ: RFMI - News) (RFM) today announced a distribution agreement with Welotec GmbH of Laer, Germany, as a new stocking sales representative and distributor for its entire line of RF modules. Founded in 1969, Welotec is the foremost products distribution and engineering firm specializing in industrial and process automation and M2M data communications solutions to global original equipment manufacturers (OEMs) within Germany, Austria and Switzerland. The addition of Welotec is an integral step in RFM’s growth strategy to dominate key vertical markets via specialized technology sales representation and engineering firms.
“As both a products distribution and engineering firm specializing in industrial and process automation and M2M data communications, Welotec enjoys a unique and trusted position among industrial and process automation OEMs throughout Germany, Austria and Switzerland,” said David Crawford, Vice President of RFM Sales.
Further, Crawford said, “With so many of the world’s industrial and process automation equipment engineers and designers located throughout German-speaking Europe, we are confident that the addition of such a well-respected company as Welotec to our network of channel partners will be a great success for both companies.”
Dr. Reinhard Lülff, Managing Director of Welotec GmbH, said, “RFM’s comprehensive line of RF modules is an important component in the future success of Welotec’s M2M portfolio. By adding RFM’s modules to our M2M-data communications and antennas products, Welotec is now able to provide engineering customers a broad range of module technology options as they seek to enable low-power wireless connectivity in their products.” Welotec also offers high quality radio remote controls and industrial sensors and safety products.
Welotec currently has stock available from a broad selection of RFM products and developer kits that particularly appeal to the unique communications requirements of industrial and process automation equipment, including RFM’s:
Look for RFM modules in Welotec’s exhibition at the SPS/IPC/Drives in Nürnberg, Germany, November 24-26, 2009, located in hall 9 and stand 121. The RFM modules products featured during Welotec’s exhibition are ideal for industrial building automation, energy and water supply and many more applications.
About RFM
RFM, headquartered in Dallas, Texas, is a provider of solutions-driven, technology-enabled wireless connectivity for a broad range of wireless applications – from individual standard and custom components to modules for comprehensive industrial wireless sensor networks and machine-to-machine (M2M) technology. For more information on RFM, please visit the Company’s website at www.RFM.com.
About Welotec GmbH
Welotec GmbH, headquartered in Laer in the German Münsterland, is a manufacturer’s stocking representative / distributor and engineering firm serving global original equipment manufacturers (OEMs) within Germany, Austria and Switzerland. Founded in 1969, Welotec specializes in industrial and process automation and M2M data communications products. Specifically, the company offers wireless M2M-data communications and antennas, high quality radio remote controls, and industrial sensors and safety products. Welotec is ISO 9001:2000 certified as a control instrument. For more information on Welotec, please visit the Company’s website at www.welotec.com.
Forward-Looking Statements
This news release contains forward-looking statements, made pursuant to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. Statements of the plans, objectives, expectations and intentions of RFM and/or its wholly-owned subsidiaries (collectively, the “Company” or “we”) involve risks and uncertainties. Statements containing terms such as “believe”, “expect”, “plan”, “anticipate”, “may” or similar terms are considered to contain uncertainty and are forward-looking statements. Such statements are based on information available to management as of the time of such statements and relate to, among other things, expectations of the business environment in which we operate, projections of future performance, perceived opportunities in the market and statements regarding our mission and vision. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, including risks related to economic conditions as related to our customer base, collection of receivables from customers who may be affected by economic conditions, our bankers willingness to work with us in structuring credit facilities as needed, maintaining favorable terms of sales with suppliers, the highly competitive market in which we operate, rapid changes in technologies that may displace products sold by us, declining prices of products, our reliance on distributors, delays in product development efforts, uncertainty in consumer acceptance of our products, and changes in our level of sales or profitability, as well as the other risks detailed from time to time in our SEC reports, including the report on Form 10-K for the year ended August 31, 2008. We do not assume any obligation to update any information contained in this release.
RFM
Media:
Sissy Toney, 972-789-3824
Director of Marketing Communications
stoney@rfm.com
or
Investors:
Buddy Barnes, 972-448-3789
Chief Financial Officer
bbarnes@rfm.com
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