[AMPS] ALPHA/POWER ownership continuity

[Richard W. Ehrhorn]

Hi guys...

A few facts which might conceivably be of interest to any of you who may 
have visited a "radio" web site which is associated with a competitor's 
products and recently was referenced on this reflector. It implied that I 
had sold the ALPHA business multiple times, to the detriment of customers. 
Like other statements in his posting, that one is scurrilously, totally 
false.

I founded ETO in 1970 to design, build and sell ALPHA amateur radio amps. 
My family remained the biggest shareholders from 1/15/70 until 12/30/95. 
Then, after 26 years, all our founding shareholders (mostly hams) thought 
it would be nice to have some liquidity, so we merged with Applied Science 
and Technology, Inc. ASTeX is a high tech company whose technology, 
products, and customers are complementary to ETO's. It's listed as "ASTX" 
on NASDAQ. ETO is strong and growing as part of ASTeX, its sales having 
more doubled since the merger.

Part of the merger deal allowed me to buy back the ALPHA amateur radio 
business, which didn't fit well with ASTeX/ETO's semiconductor and medical 
lines, specifically to protect our amateur radio customers. In September, 
1996 we formed ALPHA/POWER, Inc. for that purpose. I remain the largest 
shareholder, and active in management of ALPHA and its parent company, for 
the twenty-ninth consecutive year. And if we bring in additional qualified 
investors, they're virtually certain to be serious hams like John Brosnahan 
and me.

John, W0UN, became President & Technical Director of the company in March 
of this year. He's a well known radio expert and a true professional. As I 
said in March, there is no one else in the world whom I'd rather have 
running ALPHA/POWER than John. For the first time in ALPHA's history, I'm 
confident that it's under better on-site management and technical 
leadership than I could provide myself.

So our ownership and management continuity remains unbroken for the 29th 
consecutive year, greatly strengthened with the extremely positive addition 
of John to lead ALPHA into the future.

Cordially,

Dick Ehrhorn  W0ID


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