Strategic Partnership
811 - 18 September 2002
SPIRENT PLC AND UBINETICS ENTER INTO STRATEGIC PARTNERSHIP
Spirent plc (LSE: SPT; NYSE: SPM), a leading international network technology
company, and UbiNetics, a leading developer of licensable core technologies and
test equipment for third generation wireless (3G) voice and data applications,
announce that they have entered into a strategic partnership to expand their
test solutions for the 3G market.
Under the terms of the agreement Spirent has acquired UbiNetics' CS100 product
line and rights to associated intellectual property for £6.5 million in cash.
In addition, under the agreement Spirent and UbiNetics will partner for the
further development of the CS100 product line and future test platforms. The
CS100 3G base station emulator product is used by leading mobile phone
manufacturers and chip set developers for the test and verification of wideband
CDMA (WCDMA) user equipment and provides a flexible multi-cell simulation of
the physical layer of a WCDMA network.
The partnership brings significant strategic benefits to both parties.
Spirent's Communications group has already developed a strong global presence
with its test solutions for 3G wireless networks based on CDMA technology and
this relationship will extend Spirent's expertise into WCDMA air interface
testing. UbiNetics is a market leader in the development of WCDMA Test Mobiles
and will benefit from the application of Spirent's data generation and analysis
capabilities and its expertise in the integration of complex wireless test
solutions. As a result of the partnership, both parties will be able to develop
complementary advanced solutions for testing and managing complex WCDMA
infrastructure and user equipment. Current partners and customers will benefit
from increased development efforts, better global reach and greater breadth of
expertise.
Commenting on the partnership Geoff Zeidler, President of Spirent
Communications - Europe and Wireless, said:
'Wideband CDMA technology will enable the deployment of new wireless services
in the majority of the world's markets. I am delighted that this partnership
with UbiNetics will enable Spirent to extend its reputation for delivering
market leading solutions to meet the demanding development requirements of its
wireless customers.'
Bjorn Krylander, Chief Executive of UbiNetics, commented:
'UbiNetics has, by leading the development of WCDMA technology, been able to
supply efficient test solutions to infrastructure suppliers and network
operators. By partnering with Spirent we will be able to create a broader range
of more capable systems for network testing.'
- ends -
Enquiries
Spirent plc
Nicholas Brookes, Chief Executive +44 (0)1293 767676
Eric Hutchinson, Finance Director
Geoff Zeidler, President, Spirent
Communications - Europe and
Wireless
Investor Relations
Catherine Nash +44 (0)1293 767676
Media
Jon Coles/Rupert Young Brunswick (London) +44 (0)20 7404 5959
Lauren Teggelaar Brunswick (New York) +1 212 333 3810
UbiNetics
Bjorn Krylander, Chief Executive +44 (0)1763 262222
Stirling Essex, Senior Vice
President
Test and Measurement Products
Judith Bliss, Media Relations
Media
Kate Axelby Lewis PR (London) +44 (0) 20 7802 2626
About Spirent
Spirent plc is an international network technology company providing
state-of-the-art systems and solutions for a broad range of customers
worldwide. Our Communications group is a worldwide provider of integrated
performance analysis and service assurance systems for next-generation network
technologies. Spirent's solutions accelerate the development and deployment of
network equipment and services by emulating real-world conditions and assuring
end-to-end performance of large-scale networks. Our Network Products group
provides innovative solutions for fastening, identifying, insulating,
organising, routing and connectivity that add value to electrical and
communication networks in a wide range of applications. Our Systems group
offers integrated product solutions for the aerospace, power controls and
environmental markets. Further information about Spirent plc can be found at
www.spirent.com
Spirent plc is listed on the London Stock Exchange (ticker: SPT) and on the New
York Stock Exchange (ticker: SPM; CUSIP number: 84856M209) with one American
Depositary Receipt representing four Ordinary shares.
Spirent and the Spirent logo are trademarks of Spirent plc. All other
trademarks or registered trademarks are held by their respective companies. All
rights reserved.
About UbiNetics
UbiNetics is a next generation wireless communications technology company. It
designs and develops innovative 3G, 2.5G and 2G products and solutions for
wireless data and voice applications and is a leader in 3G test and measurement
equipment.
The company's 3G Test Mobile has become the industry de-facto standard for
WCDMA infrastructure testing. This, together with the portable TM200 Test
Mobile and other test solutions, positions UbiNetics at the centre of 3G
interoperability testing. UbiNetics also provides the industry's most robust
protocol software and physical layer IP portfolio for 3G chipset and handset
developers and manufacturers. The company has developed a unique range of
creative products for UMTS and GPRS/GSM applications including customised
embedded modules and development tools.
The company was formed in January 1999 from PA Consulting Group's Wireless
Telecommunications Practice. Since 1999, UbiNetics has grown to over 400
employees with activities in the UK (Cambridge and Swindon), the US, Japan,
India, Hong Kong and Taiwan.
Further information about UbiNetics can be found at www.UbiNetics.com
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