CONTRACTS
NokiaHas won a major GSM/GPRS/EDGE network-expansion contract from Russian operator MegaFon that will see it deliver both radio and core equipment as well as a range of services, helping MegaFon deliver mobile solutions to its fast-growing subscriber base.The value of the agreement is over EUR 320 million (approximately $414.56 million US), and equipment deliveries have already begun.

Nokia will supply radio and core network equipment including its mobile softswitching and IP Multimedia Subsystem solution (IMS) for fixed and mobile. The frame agreement also includes Nokia's multivendor, multi-technology NetAct™ solution, which provides operational efficiencies and OPEX savings for MegaFon's network. The very same platform also provides support for future technologies like WCDMA and 3G.

Nokia is also supplying a range of services including project management, installation, and relocation services for the fast ramp-up of the network, care services, and software maintenance and training services to keep the network running at peak performance. The contract, an extension of an existing agreement signed by the companies in 2003 and valid for supplies in 2006 to 2007, covers northwestern and central Russia as well as Northern Caucuses.

Herley Industries, Inc.Announced that its Herley Lancaster facility in Lancaster, PA, has been awarded a $1.8 million contract from a major US defense contractor. The Herley division will manufacture core integrated microwave assemblies for use on leading-edge search and surveillance radars. These high-resolution radar systems are employed by both military and law-enforcement agencies on both fixed- and rotary-wing aircraft.

Motorola, Inc.—Announced an agreement with Mahanagar Telephone Nigam Ltd. (MTNL), for the supply of a Universal Mobile Telecommunications Service (UMTS) cellular network for Delhi and the National Capital Region (NCR). Under the agreement, which includes network-deployment and maintenance services, MTNL will be expanding its GSM network by 2 million lines. As the first UMTS rollout in India, the UMTS network deployment will take place after the relevant regulatory authority of India has authorized spectrum allocation and appropriate licenses are obtained by the network operators.

MTNL has ordered UMTS equipment for validation and plans to place further orders subject to allocation of frequency spectrum. Once UMTS equipment is in place, value-added services are planned to be deployed to enable MTNL to gain new revenue streams.

FRESH STARTS
Inphi Corp.—Announced a hiring initiative designed to fill nearly 60 engineering, marketing, sales, and administrative positions in its Westlake Village, CA offices during 2007.

Val Jackson + Associates, Inc.—Has relocated within the Pacific Northwest area of the US, moving from Scotts Valley, CA to Port Angeles, WA.

Val Jackson + Associates specializes in value-added, high-end RF/microwave and millimeter-wave components, subsystems, and support services. The company offers over eighty high-tech products and specialized services within these markets.

VXI Technology (VTI)Announced the formation of a new business unit focusing on the design and fabrication of custom RF/microwave assemblies. Activities will range from build-to-print fabrication to complete subassembly design, layout, and test.

VTI Microwave is a specialized business unit that provides the combined benefits of a small, custom engineering group with the worldwide service and support infrastructure of a large manufacturer of test instrumentation.

For more information, visit www.VTIMicrowave.com or call (949) 955-1894.

CSRHas acquired NordNav Technologies AB and Cambridge Positioning Systems Ltd. These acquisitions will allow the company to provide software-based, low-cost GPS suitable for mass-market mobile phones and PNDs (Personal Navigation Devices). CSR will apply its own experience in embedding radio technologies into the mobile platform and expects its first Autonomous and Assisted GPS product offerings that support satellite navigation and other location-based services to be available during the first half of 2007, with cost expected to be less than $1.00.

Elcom Technologies, Inc.Announced a strategic partnership with Frequency Electronics, Inc. (FEI). FEI has acquired an approximate 20-percent interest in Elcom, which includes preferred stock, a convertible note, and 10-year warrant to purchase additional stock in exchange for an undisclosed amount of cash and shares of FEI common stock. Elcom will provide FEI with additional technologies and resources in the area of low-phase-noise frequency synthesizer, phase-locked sources, and up-down converters to expand their space business.

E2G Partners, Inc. (doing business as Tampa Microwave)Announced that on November 30, 2006 it completed the acquisition of the spectrum-analyzer, carrier monitoring, and Signal Intelligence Receiver (SIGINT) assets of Morrow Technologies Corp. of St. Petersburg, FL. Morrow Technologies Corp. will continue doing business with its JANUS™ Digital Displays product line at its current location, under the direction of its president, Sharon Morrow. The intellectual property, trademarks, and capital equipment associated with the SIGINT and spectrum-analysis/monitoring products have become the property of Tampa Microwave. Engineering personnel involved in the design, development, production, and customer support of the products have relocated to Tampa Microwave's facilities in Tampa, FL.

Zebra Technologies Corp.Has agreed to acquire all of the shares of WhereNet Corp., a global provider of active RF identification (RFID)-based wireless solutions to track and manage enterprise assets, for $126 million in cash.