Endwave Files Statement To Sell 5 Million Shares

Endwave, a provider of subsystems for broadband wireless networks that specializes in telecommunications, defense and homeland security, today announced that it has filed a registration statement with the Securities and Exchange Commission for the sale of 5 million shares of its common stock.

Of these shares, 2 million are being offered by Endwave, and 3 million are being offered by a selling stockholder.

Option To Purchase Shares

Endwave and the selling stockholder have granted the underwriters a 30-day option to purchase up to a total of 750,000 additional shares of Endwave’s common stock for the purpose of covering over-allotments, if any.

Needham & Company is acting as sole bookrunner for the offering and lead manager. A.G. Edwards & Sons, Merriman Curhan Ford & Co. and Ferris Baker Watts are acting as co-managers.

The registration statement has not yet become effective, and the securities may not be sold nor may offers to buy be accepted until the statement becomes effective. The company did not indicate when that would be.

When copies of the preliminary prospectus become available, they may be obtained from the offices of Needham & Company, Inc., 445 Park Avenue, New York, New York 10022.

RF Modules

Endwave, based in Sunnyvale, Calif., is listed on the Nasdaq as ENWV. It designs, manufactures and markets RF modules that enable the transmission, reception and processing of high-frequency signals in telecommunication networks, defense electronics and homeland security systems.

These RF modules include high-frequency integrated transceivers, amplifiers, synthesizers, oscillators, up and down converters, frequency multipliers and microwave switch arrays.

According to the registration statement, the company’s customers include Nokia, Siemens, Boeing, Lockheed Martin, and Raytheon, among others.

The company also has operations in Diamond Springs, Calif.; Andover, Mass.; and Chiang Mai, Thailand. Additional information about the company can be found at its Web site.

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