6:34 a.m.
US Stock Market - Stock Profile of the Week
Symbol: MBTT
Market: OTC.BB
Sector: ELECTRONICS
Before we begin our profile we have very exciting, breaking news...
Renowned Satellite Industry Expert Dr. Arthur R. Tilford Joins MB Tech
BREAKING NEWS - (PRIMEZONE) - MB Tech, Inc. (OTC.BB: MBTT) announces that Dr. Arthur R.
Tilford, formerly with Hughes Electronics (NYSE: GMH), has been retained by the Company to
provide technical consulting and advisory services.
Tilford is an aerospace industry veteran responsible for a total of 11 patents and patent
applications within the field, having received Hughes' Chairman's Award for
DirecDuo, solo engineering efforts in 1997. He is an expert system designer and Federal
Licensing and Certifying Engineer. He has authored several books, including Satellite
Fieldbook Quarterly(c) -- Hughes S&C, CA, the contents of which describe all
parameters of every C/Ku band geo-satellite in the world and the over 400 page Satellite
Workbook(c) for use in satellite engineering classes, taught by him, at the California
State University (CSUF at CSULB).
Tilford worked with Netune Communications, where he was responsible for providing
transponder allocations, domestic and international link-budget calculations for narrow to
very-wide-band satellite system and writing, calculating and applying for FCC and RA
transmit licenses.
He also assigned parameters for RF sub-system design and is an expert in radiation hazard
compliance.
Hanwook Bae, President of MB Tech, commented, ``The importance of Dr. Tilford joining the
Company cannot be underestimated. He is an industry leader with numerous patents relating
to antenna design and an immense knowledge of the satellite Internet market. His
incredible technical knowledge will allow us to dramatically step up our new initiatives,
catapulting us to the forefront of our industry.'' He added, ``This is yet another
positive step forward in the overall paradigm shift for the Company. We have moved from
being a manufacturer of satellite components, to a Company that will lead the consumer
satellite electronics industry.''
STOCK PROFILE OF THE WEEK
MB Tech is a global manufacturer and distributor of satellite components. The primary
product MB Tech produces is "LNB" (Low-Noise Blockdown) converters, which are
the essential element enabling DBS satellites to receive and convert satellite
transmission signals. MB Tech currently serves the satellite television market, and is
expanding to serve the satellite radio and military hardware sectors. MB Tech manufactures
several proprietary LNB solutions that differentiate it from competitors. MB Tech's
product line includes a dual-horn LNB which allows multiple set-top boxes to be connected
to a single satellite dish, enabling viewing of multiple channels simultaneously on
different television monitors, and a tri-horn LNB, which provides the ability to download
signals from multiple satellites over a single dish.
TECHNOLOGY
MB Tech has improved on conventional designs and can manufacture units more efficiently
and less expensively than the competition. MB Tech specializes in LNB electronics, it is
the ONLY thing we do.
An LNB converter transforms the satellite transmission into a useable signal. MB Tech has
developed a special new breed of LNB converter which allows the signal to feed separate
televisions or other 'boxes' with different channels. The signal coming in from
one dish can be distributed through MB Tech's 'dual and triple horned' LNB
converter such that multiple channels can be viewed, or different channels and Internet
access can be delivered.. ALL AT THE SAME TIME!
Other technological objectives have been to develop LNB for G.P.S. equipment, and small
type two horn technology as well as UBC DSS type LNB. These objectives have been achieved
and the Company is currently speaking with larger American based technology companies
about the technology.
PRODUCTS
MB Tech products are innovative! We rely on superior technology to be an integral part of
our business. We have made a serious committment to ongoing R&D to stay ahead of the
curve.
MB Tech, Inc traces its roots back to 2000 with the development of 3 types of LNB (DSS
type). Continuous reinvention and rapid transformation are themes throughout our history.
Led by our top-notch technology, our company offered a new breed of satellite broadcasting
solutions to clients?solutions that customized LNB with 3 or 4 horns.
Click here to see our product milestones.
Within the next two years, MB Tech will spend over 80 million dollars on continuing
Research and development of our products. We will continue a process of product renewal
that will assure products with features and functionality that will be attractive to the
market.
MDI: MERRILL LYNCH COMENTS ON AD TRENDS IN THE MEDIA SECTOR
Merrill Lynch surveyed newspapers, TV stations and radio stations to try to understand the
divergent trends between local and national advertising in the current recovery. They
noted that U.S. ad expenditures tend to keep pace with or slightly outperform the economy
over time. As such, the rise of media outlets should not necessarily lead to higher ad
spending but most likely to market share shifts among the mediums. The surveys showed that
local cable is becoming a more competitive force, but overall, they found no major
structural issues impacting the dynamics between local and national ad spending.
Merrill noted that national advertisers typically base their budgets on projected economic
trends and therefore can afford to spend a bit ahead of a turn in the cycle. However,
local advertisers, with more limited resources, are more likely to lag in spending coming
out of a recovery as they need to see an immediate return on investment. They pointed out
that a better economy should eliminate the differences.
The firm believes there are many positive themes occurring with newspapers today (e.g.
collaborative selling efforts, product innovation, renewed focus on readership) that are
being masked by the downturn in department store spending, which appears to be secular,
and the cyclical issue of help wanted, which is finally turning positive.
From a consumer perspective, they believe radio is a relatively
protected medium. However, the industry remains beset with excess inventory, following
unsustainable demand in the late 1990's. A reduction in spots and/or lower prices
could limit near term growth, yet support long term growth, giving investors something to
chase.
TV is about to enter the growth phase of its two year cycle, but its low growth, single
revenue stream is likely the main target for local cable TV and should also be impacted by
increased DVR penetration, which gives the firm little to get excited about.
IMPORTANT CORPORATE MILESTONES
Oct. 2003
Receives 6.14 Million Dollar Purchase Order For 45,000 Flat Antennas
Sept. 2003
Purchases Patent for Key Operating Mechanism of DBS Flat Antenna
Sept. 2003
Completes Development of Flat Antenna
May. 2002
Canada DBS (Star Choice) two horn LNB P/O for (USD 450,000)
Feb. 2002
Canada DBS (Star Choice) two horn LNB P/O for (USD 675,000)
Dec. 2001
Canada DBS (Star Choice) two horn LNB P/O for (USD 75,000)
Sept. 2001
Canada DBS (Star Choice) two horn LNB P/O for (USD 1,200,000)
July 2001
Patent application for LNB design and pattern
May 2001
Purchase order of Canadian BS (two horn LNB)
April 2001
Establishment of MB Tech, Inc.
Jan. 2001
Canada DBS two horn LNB successful field test
Sept. 2000
SBCA (Satellite Broadcasting & Communications Association) Membership Certificate
Aug. 2000
Development of 3 types of LNB (CAN TYPE); application of patent of new device and patent
of new design (app# 00-22512,22513, 22514)
July 2000
SBCA (USA); DBS field test in S. Africa; DBS field test in Australia
May 2000
DBS field test in Thailand; Media Cast (London); DBS field test in Russia
April 2000
Application for patent of new device and patent of new design, patent app#
10-2000-0017958
March 2000
Development of 3 types of LNB (DSS type)
For more information on MBTT, visit their website at www.mbtech.us
Please note that MBTT had absolutley nothing to do with this report and is not a
participant in any way.
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Stock Market Today is an independent research firm. This report is based on Stock Market
Today's independent analysis but also relies on information supplied by sources
believed to be reliable. This report may not be the opinion of MBTT management. Stock
Market Today has also been retained to research and issue reports on MBTT. Stock Market
Today may from time to time purchase or sell MBTT common shares in the open market without
notice. The information contained in this report shall not constitute, an offer to sell or
solicitation of any offer to purchase any security. It is intended for information only.
Some statements may contain so-called "forward-looking statements". Many factors
could cause actual results to differ. Investors should consult with their Investment
Advisor concerning MBTT. Copyright 2003 © Stock Market Today Ltd. All Rights Reserved.
This newsletter was distributed by SCI, Inc. SCI was paid one hundred twenty thousand
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