RFM SUPPORTS APPROVAL OF SATELLITE RADIO MERGER
Providing more than 70 million Surface Acoustic Wave Filters for Satellite Radio Receivers
DALLAS, TEXAS, (July 29, 2008) RF Monolithics, Inc. [NASDAQ:RFMI] (“RFM” or “the Company”) supports the Federal Communication Commission’s approval of the merger of Sirius Satellite Radio, Inc. and XM Satellite Radio Holdings, Inc.. RFM has provided custom intermediate frequency (IF) filters based on surface acoustic wave technology to both companies since their inception.
“We are pleased with the FCC’s approval of this proposed merger. RFM has been a long-time supporter of the satellite radio business and a primary provider of custom filters for their radios. Combined, RFM has shipped more than 70 million filters for satellite radios,” stated David M. Kirk, President and CEO of RFM. “We will continue to work closely with the merged service providers on radio designs and provide high quality products that meet stringent specifications,”
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.
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 strategies, 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, future financial and operating results, and benefits of our acquisitions. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, including risks related to the ability to integrate acquisitions and alliances as planned, successful transition to a fabless business model, operation of a services business, the highly competitive market in which we operate, rapid changes in technologies that may displace products and services 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, 2007. We do not assume any obligation to update any information contained in this release.
