PCTEL's MAXRAD®, Bluewave™ and Wi-Sys™ antenna solutions address private network, public safety, and government applications. PCTEL develops and delivers high-value YAGI, Land Mobile Radio, WiFi, GPS, In-Tunnel, Subway, and broadband antennas (parabolic and flat panel). The company's vertical markets include SCADA, Health Care, Smart Grid, Precision Agriculture, Indoor Wireless, Telemetry, Off-loading, and Wireless Backhaul. PCTEL Secure focuses on Android mobile platform security. For more information, please visit the company's web sites www.pctel.com, www.antenna.com, www.antenna.pctel.com, www.rfsolutions.pctel.com or www.pctelsecure.com.SAFE HARBOR This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Specifically, these forward-looking statements include statements regarding the innovative security solution developed by PCTEL Secure. These statements are based on PCTEL's current expectations. Anticipated customer benefits and product capabilities may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in PCTEL's filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and PCTEL disclaims any obligation to update or revise the information contained in any forward-looking statements, whether as a result of new information, future events or otherwise.
PCTEL, Inc. (NASDAQ: PCTI), a leader in antenna and scanning receiver solutions, today announced that it acquired the remaining interest in PCTEL Secure LLC (“PCTEL Secure”), a joint venture formed with Eclipse Design Technologies, Inc. (“Eclipse”), for $800,000. As a result of this acquisition, PCTEL Secure will be wholly-owned by PCTEL, and Eclipse will not retain any rights or interests in PCTEL Secure. Eric Uner, PCTEL Secure’s Chief Architect has become a full-time PCTEL employee. PCTEL Secure will maintain its relationships with key contractors and customers. The PCTEL Secure operation reports directly to PCTEL’s CEO, Marty Singer. “PCTEL and Eclipse accomplished a great deal together, delivering a prototype and a complete ProsettaCore™ Software Developer’s Kit (SDK) within 17 months,” said Marty Singer. “We are excited about the innovative security solution that we can provide for Android-based mobile devices and to SCADA networks for protection of nodes in utility, business, and other networks,” added Singer. The ProsettaCore solution allows a mobile device such as a phone, tablet, or tactical radio, to run in multiple modes, and to enforce multiple security policies, all without any specialized hardware. For example, a phone could have a "Personal Use" mode, and a "Secure" mode, each having different configuration files, apps, access privileges, and more. Security policies can be both pre-configured and updated in the field using a mobile management solution. ProsettaCore keeps the data and applications for different modes completely separated, effectively turning a single-purpose device into a multi-use device with multiple security levels. There are non-security applications for this capability. About PCTEL PCTEL, Inc. (NASDAQ: PCTI), develops antenna, scanning receiver, and network solutions for the global wireless market. The company's SeeGull® scanning receivers, SeeHawk® visualization tool, and CLARIFY® system measure, monitor and optimize cellular networks. PCTEL develops and supports scanning receivers for LTE, TD-LTE, EVDO, CDMA, WCDMA, TD-SCDMA, GSM, and WiMAX networks.