PCTEL Acquires Wi-Sys
Chicago, IL - January 5, 2009 - PCTEL, Inc. (NASDAQ: PCTI), a leader in propagation and optimization solutions for the wireless industry, announced today that it has acquired Wi-Sys Communications Inc., an Ottawa, Canada based company that specializes in GPS antenna and receiver technology. In 2008 Wi-Sys’ proprietary products and technology generated approximately $2.2 million in revenue. PCTEL will pay $2.1 million for Wi-Sys and will fully integrate the Wi-Sys operations into its Antenna Products Group (APG).
“This acquisition is consistent with our focus on high-value antennas for the Enterprise,” said Marty Singer, PCTEL’s Chairman and CEO. “GPS has been a strong product line for us over the past several years and we have been exploring ways to bring more focus to our efforts in this area. Many of the exciting, new precision GPS antenna applications, such as agriculture, military, and network timing, are in the early phases of deployment and growth. We believe that PCTEL is well positioned to participate in the industry’s development,” added Singer.
Wi-Sys is known for high quality, low noise and low current products that serve the diversified professional GPS market. The company’s core products include a family of magnetic and fixed mount GPS antennas, OEM antennas and integrated GPS receiver-antennas to address GPS requirements at all levels of integration in military, public safety, marine and commercial applications. These products are used in covert antenna applications, commercial vehicle tracking systems and in precision agriculture systems, where they are used for precision spraying and steering systems to minimize chemical costs and enhance agricultural yield.
Wi-Sys’ product line includes antennas for GPS L1/L2 and for Iridium® and GlobalStar® satellite communications systems. With this acquisition, PCTEL will extend its product offering and technology base of GPS antenna-receivers. The Wi-Sys product line will also be sold through PCTEL’s existing distribution channels.









