LitePoint's Q3 Revenues Grew 112%

(Business News & Technology News, 26 Dec 2007)

LitePoint Corp. again has made another record breaking revenue growth: its third quarter revenues jumped by 112 percent compared to the same period last year, exceeding the previous record quarter by 7 percent

LitePoint focuses entirely on the wireless market serving IC makers, original design makers (ODMs), original equipment manufacturers (OEMs) and brand-owning companies. Its common-platform systems, using software-defined DSP technology, offer tailored and efficient testing that spans the wireless value chain.

Since 2003, the company has had an uninterrupted sequence of profitable quarters in the wireless test-system market. Its test-system solutions cover Wi-Fi, WiMAX, WiMedia, Bluetooth and ZigBee-based devices and systems. LitePoint has also demonstrated an ability to test GPS and cell-phone-related connectivity technologies.

"With wireless penetrating virtually all areas of consumer electronics, we have an ideal opportunity field to explore and serve," stated Benny Madsen, LitePoint's CEO. "And, our continuing success in our current markets provides the means for that exploration and market expansion."

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