[Nomic02] US STOCK MARKET - MBTT Technology---MERRYL LYNCH On Sector.....emmly
Tue, 09 Dec 2003 04:45:11 -0400
US Stock Market - Stock Profile of the Week
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 b=
een retained by the Company to provide technical consulting and advisory s=
Tilford is an aerospace industry veteran responsible for a total of 11 pat=
ents and patent applications within the field, having received Hughes' Cha=
irman's Award for DirecDuo, solo engineering efforts in 1997. He is an exp=
ert system designer and Federal Licensing and Certifying Engineer. He has =
authored several books, including Satellite Fieldbook Quarterly(c) -- Hugh=
es S&C, CA, the contents of which describe all parameters of every C/Ku ba=
nd 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 pr=
oviding transponder allocations, domestic and international link-budget ca=
lculations for narrow to very-wide-band satellite system and writing, calc=
ulating and applying for FCC and RA transmit licenses.
He also assigned parameters for RF sub-system design and is an expert in r=
adiation hazard compliance.
Hanwook Bae, President of MB Tech, commented, ``The importance of Dr. Tilf=
ord 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 t=
he forefront of our industry.'' He added, ``This is yet another positive s=
tep forward in the overall paradigm shift for the Company. We have moved f=
rom being a manufacturer of satellite components, to a Company that will l=
ead 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) conver=
ters, which are the essential element enabling DBS satellites to receive a=
nd convert satellite transmission signals. MB Tech currently serves the sa=
tellite television market, and is expanding to serve the satellite radio a=
nd 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 connect=
ed to a single satellite dish, enabling viewing of multiple channels simul=
taneously on different television monitors, and a tri-horn LNB, which prov=
ides the ability to download signals from multiple satellites over a singl=
MB Tech has improved on conventional designs and can manufacture units mor=
e efficiently and less expensively than the competition. MB Tech specializ=
es in LNB electronics, it is the ONLY thing we do.
An LNB converter transforms the satellite transmission into a useable sign=
al. MB Tech has developed a special new breed of LNB converter which allow=
s 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. equipme=
nt, 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 l=
arger American based technology companies about the technology.
MB Tech products are innovative! We rely on superior technology to be an i=
ntegral part of our business. We have made a serious committment to ongoin=
g 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 th=
emes throughout our history. Led by our top-notch technology, our company =
offered a new breed of satellite broadcasting solutions to clients?solutio=
ns 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 c=
ontinuing Research and development of our products. We will continue a pro=
cess of product renewal that will assure products with features and functi=
onality 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 t=
o understand the divergent trends between local and national advertising i=
n 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 mos=
t 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 natio=
nal ad spending.
Merrill noted that national advertisers typically base their budgets on pr=
ojected economic trends and therefore can afford to spend a bit ahead of a=
turn in the cycle. However, local advertisers, with more limited resource=
s, are more likely to lag in spending coming out of a recovery as they nee=
d 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 fo=
cus on readership) that are being masked by the downturn in department sto=
re spending, which appears to be secular, and the cyclical issue of help w=
anted, 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, followi=
ng unsustainable demand in the late 1990's. A reduction in spots and/or lo=
wer prices could limit near term growth, yet support long term growth, giv=
ing investors something to chase.
TV is about to enter the growth phase of its two year cycle, but its low g=
rowth, 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
Receives 6.14 Million Dollar Purchase Order For 45,000 Flat Antennas
Purchases Patent for Key Operating Mechanism of DBS Flat Antenna
Completes Development of Flat Antenna
Canada DBS (Star Choice) two horn LNB P/O for (USD 450,000)
Canada DBS (Star Choice) two horn LNB P/O for (USD 675,000)
Canada DBS (Star Choice) two horn LNB P/O for (USD 75,000)
Canada DBS (Star Choice) two horn LNB P/O for (USD 1,200,000)
Patent application for LNB design and pattern
Purchase order of Canadian BS (two horn LNB)
Establishment of MB Tech, Inc.
Canada DBS two horn LNB successful field test
SBCA (Satellite Broadcasting & Communications Association) Membership Cer=
Development of 3 types of LNB (CAN TYPE); application of patent of new de=
vice and patent of new design (app# 00-22512,22513, 22514)
SBCA (USA); DBS field test in S. Africa; DBS field test in Australia
DBS field test in Thailand; Media Cast (London); DBS field test in Russia=
Application for patent of new device and patent of new design, patent app=
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 o=
n Stock Market Today's independent analysis but also relies on information=
supplied by sources believed to be reliable. This report may not be the o=
pinion of MBTT management. Stock Market Today has also been retained to re=
search 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. Th=
e information contained in this report shall not constitute, an offer to s=
ell or solicitation of any offer to purchase any security. It is intended =
for information only. Some statements may contain so-called "forward-looki=
ng statements". Many factors could cause actual results to differ. Investo=
rs should consult with their Investment Advisor concerning MBTT. Copyright=
2003 =A9 Stock Market Today Ltd. All Rights Reserved. This newsletter was=
distributed by SCI, Inc. SCI was paid one hundred twenty thousand shares =
MBTT stock to distribute this report. SCI is not affiiated with Stock Mark=
et Today and is not responsible for newsletter content.
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