HUNT VALLEY, Md., Feb. 21, 2001 — TESSCO Technologies Incorporated (NASDAQ: TESS), a provider of product and service solutions to the wireless communications industry, and Black and Veatch Telecommunications, Inc. (BVTI), a global engineering and construction company, today announced the formation of a business alliance.
BVTI will be recognized as a TESSCO Implementation and Deployment Alliance Partner for TESSCO's broadband solutions.
TESSCO is a leading provider of the services, products and solutions required to build, operate, maintain and use wireless voice, data, messaging, tracking and Internet systems. BVTI will provide TESSCO customers with access to experienced, professional resources trained in Network Planning and Design, Site Acquisition and Installation and Testing services associated with TESSCO's broadband wireless solutions.
TESSCO virtually links the knowledge to make decisions, configures product solutions, assures complete delivery to the point of use, and provides control of the supply chain process. With BVTI as an Implementation and Deployment Alliance Partner, TESSCO can now provide customers with end-to-end wireless broadband solutions.
According to Robert B. Barnhill, Jr., chairman and chief executive officer, "An alliance with BVTI is an important step in our growth into the broadband wireless market. TESSCO continues to expand its "best of breed" solutions for broadband, offering a range of solutions to meet the diverse needs of our growing broadband customer base. With BVTI, we can offer our customers a quick and efficient resource to deploy broadband wireless technology as part of a seamless, integrated solution. Most importantly, BVTI is an alliance partner we can count on."
"Our relationship with TESSCO is very consistent with our strategy of working as a Business Partner with companies in the broadband industry. We are committed to providing a full range of implementation and deployment services to our customers, and our relationship with a broadband industry leader like TESSCO will continue to support this commitment," said BVTI president Ron Wood.
ABOUT BVTI
Black & Veatch Telecommunications, Inc. is a wholly owned subsidiary of Black & Veatch Corporation. BVTI operates as a Business Partner providing development, deployment and operations support to telecommunication service providers, telecommunications infrastructure providers and companies migrating to the telecommunications arena. BVTI provides a full range of services to deploy wireless or wireline networks and other advanced and emerging telecommunications technologies. BVTI is currently ranked 4th on the ENR "Top 20 Telecommunications Contractors" listing for 2000. Visit our website at www.bvtelecom.com.
Black & Veatch is a global engineering and construction company specializing in the fields of energy, water, and information technology. Black & Veatch provides complete engineering, procurement, construction, architectural, financial, and management consulting services for utilities, industry, and government agencies. Headquartered in Kansas City, Missouri, the employee-owned company has more than 7,500 employees and several hundred craft workers in more than 90 offices worldwide. Black & Veatch is ranked 63rd on the Forbes "500 Top Private Companies in the U.S." listing for 2000. The company's website is located at www.bv.com.
ABOUT TESSCO
TESSCO Technologies Incorporated is a leading provider of the services, products and solutions required to build, operate, maintain and use wireless voice, data, messaging, tracking and Internet systems. The company provides marketing and sales services, knowledge and supply chain management, product-solution delivery and control systems utilizing extensive Internet and information technology.
TESSCO's guiding vision is to be the Vital Link between buyers and manufacturers. For its customers, TESSCO provides a total source of product choices and availability, optimized logistics and reduced total procurement costs. For its manufacturers, TESSCO provides a cost-effective communication, marketing, sales and distribution channel. The TESSCO mission is to virtually link knowledge and delivery of the right product, in the right configuration, at the right time, to the point of use.
TESSCO's operations are centralized in the Global Logistics Center, the company's ISO 9002 registered headquarters in Hunt Valley, Maryland. All customer, manufacturer, product, configuration, sales and delivery activities are directed by an integrated enterprise information technology platform. Fulfillment centers in Hunt Valley, Maryland and Reno, Nevada, configure orders for complete, on-time delivery throughout the world. TESSCO's product offerings consist of over 25,000 items from over 380 manufacturers. The company currently serves more than 8,500 business customers and 17,000 consumers per month, including a diversified mix of cellular and PCS telephone, Wireless ISP and paging carriers, fixed wireless and mobile radio-dispatch operators, integrators, contractors and dealers, and self-maintained users.