Hytera will take over TETRA specialist Rohde & Schwarz Professional Mobile Radio GmbH

Munich/Bad Muender, Jul 26, 2011 - Hytera Communications Co. Ltd. and Rohde & Schwarz GmbH & Co. KG agree on the sale of Rohde & Schwarz Professional Mobile Radio GmbH (PMR). The largest Chinese provider of professional mobile radio equipment and solutions and Rohde & Schwarz signed the contract on July 20.

In the past few months, Rohde & Schwarz PMR and Rohde & Schwarz jointly looked for a new strategic partner that would allow the TETRA specialist to realize its full potential. Chinese Hytera was selected because the company excellently complements Rohde & Schwarz PMR as a manufacturer of TETRA infrastructure products. Hytera is a solution provider with a wide base and a large product portfolio that also includes terminal equipment.

Dr. Georg Haubs, President and CEO of Rohde & Schwarz Professional Mobile Radio GmbH, states: "Partnering with Hytera will give us a competitive edge especially in projects involving a large or continual demand for terminal equipment. Moreover, we will get better access to the Asian market. This means enormous growth potential in the field of professional mobile radio. We also have high expectations in the Digital Mobile Radio (DMR) business."

The new owner takes over Rohde & Schwarz Professional Mobile Radio GmbH unchanged including all employment relationships, contracts and customer relations. The Bad Münder location will be maintained - a decisive criterion for Rohde & Schwarz when selecting a buyer.

Established in 1981, Rohde & Schwarz Professional Mobile Radio GmbH joined the Rohde & Schwarz group in 1988 - at that time under the name R&S BICK Mobilfunk GmbH. In 2009, it became a 100 % Rohde & Schwarz subsidiary and was renamed.

Rohde & Schwarz

Rohde & Schwarz is an independent group of companies specializing in electronics. It is a leading supplier of solutions in the fields of test and measurement, broadcasting, radiomonitoring and radiolocation as well as secure communications. Established more than 75 years ago, Rohde & Schwarz has a global presence and a dedicated service network in over 70 countries. It has approx. 7400 employees and achieved a net revenue of € 1.3 billion in fiscal year 2009/2010 (July 2009 to June 2010). Company headquarters are in Munich, Germany.

R&S ® is a registered trademark of Rohde & Schwarz GmbH & Co. KG

Rohde & Schwarz Professional Mobile Radio GmbH

Rohde & Schwarz Professional Mobile Radio GmbH is specializing in professional mobile radio systems. The company develops and implements professional mobile radio systems and applications in accordance with the international TETRA standard for industry and public safety organizations. Rohde & Schwarz Professional Mobile Radio GmbH has already supplied TETRA networks to more than 40 countries - for example for the Panama Canal Authority's radio network and the national security network of the Malaysian government authorities. Company headquarters are in Bad Muender, Germany.

Hytera Communications Co. Ltd

Hytera Communications Co., Ltd. , founded in 1993, is the largest professional mobile radio equipment and solution provider of China. Dedicated to developing, manufacturing and marketing of PMR products from analog to digital, from conventional to trunking, from portable & mobile terminal to system equipment, Hytera offers complete communication solutions to governments, public security, utility, transportation, enterprise & business for higher efficiency of organizational operation, task dispatching and critical missions. On May 27, Hytera successfully completed its initial public offering (IPO) on the Shenzhen Stock Exchange of China. 70 million shares, out of 278 million shares’ total capital, were traded publicly with an initial price of CNY19.90 ($ 3.06) per share to total gross proceeds of CNY1,393 million ($ 214,2 million), bringing Hytera to a market value of CNY 5532 million ($ 851 million).

Source: www.rohde-schwarz.com