Advantech Wireless Records Another Year of Growth
Montreal, Canada, June 2, 2014–Advantech Wireless Inc., a privately-held Canadian corporation and manufacturer of Satellite, RF Equipment and Microwave Systems, announced today that its sales for the fiscal year ended April 30, 2014 were increased by 22% over previous year results. The April 30th 2014 year end is the 4th consecutive year of profitability for the company.
Joe D’Onofrio, CPA, CA, Vice President of Finance for Advantech Wireless commented, “We are very proud to have just completed our 14th consecutive profitable quarter, our profitability increased by 270% in fiscal year 2014. This was possible with increased sales and controlling cost.”
David. Gelerman, CEO of Advantech Wireless, noted that the company expects to continue this trend in the fiscal year 2015. “On the VSAT product line, we have presented a game-changing terminal design which is set to dramatically improve and simplify the provision of VSAT terminals for use with High Throughput Satellites. Our patent pending Next Generation Discovery Adaptive Satellite Access Technology (A-SAT™) platform is revolutionizing the satellite communications industry. As a global company, we are committed to creating best in class technologies to meet and exceed our customers’ needs.”
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