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Antenova Announces Outstanding 2010 Results

Published by Antenova M2M

Antenova Ltd, the integrated antenna and RF solutions company, announced today that it has experienced significant growth and 2010 was an outstanding year for the market leader.

Industry Leader Antenova Experiences Significant Year on Year Success

Cambridge, UK, February 7, 2011 --- Antenova Ltd, the integrated antenna and RF solutions company, announced today that it has experienced significant growth and 2010 was an outstanding year for the market leader.

Antenova announced the Company’s unaudited results show their annual turnover grew by more than 33% in 2010 and improved net earnings by more than 86%. The Company also increased its annual units shipped by 40% in 2010. Antenova credits much of its success to its balanced portfolio of high performing antennas and RF antenna modules for the broadest range of wireless communication and consumer electronics devices in the industry. New product introductions such as the M10385 dual-mode receive/transmit FM Antenna module for mobile devices, the ultra-miniature Indica 2.4GHz ceramic chip antenna for electronic shelf labels and the M10372 RADIONOVA GPS RF Antenna Module for embedded GPS applications have all strengthened its position within the exploding wireless M2M (machine-to-machine) and embedded device markets. 2010 also saw the Company’s technical leadership realised with several antenna design consultancy agreements with major tier 1 OEMs.

Greg McCray, CEO, Antenova said, “2010 was a challenging but very rewarding year for Antenova. Our strategy remained to achieve sustained growth, even in these challenging economic times, and we achieved this by maintaining focus on innovation and commercializing technology and products that met market needs. We established even stronger relationships with some major global players and won a significant number of high volume projects that not only contributed to our 2010 revenues but have given us encouraging visibility for this year. 2011 will not be without challenges, but we are confident that with our continued steadfast strategy that maintains a focus on customers, products and profitability, we will enjoy another successful year.”

About Antenova
Antenova is a leading developer and supplier of high performing integrated antennas and RF solutions for wireless communication and consumer electronic devices. Through its customers and licensee partners, Antenova’s HDA® antennas, DATANOVA® multi-band mobile broadband antennas, RADIONOVA® RF Antenna modules and gigaNOVA® and MDA standard antennas enable some of the most advanced wireless devices, smartphones, feature phones and wireless notebook computers from global Tier 1 OEMs. Antenova’s integrated antennas and RF solutions are ideally suited for an extensive range of applications, including GSM and CDMA, 3G, LTE, GPS, 802.11 a/b/g/n, Bluetooth® (BT/BT EDR/BT LE), WiMAX™, WiBro, ZigBee®, FM, Mobile TV and M2M. For further information, please visit www.antenova.com.


Antenova contact:
Destanie Clarke
Marketing Manager
Antenova Ltd
m. +44 (0)7753 826162
t: +44 (0)1223 810614
destanie.clarke@antenova.com

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