ADDvantage Technologies Group (AEY)

ADDvantage Technologies Group, Inc., through its subsidiaries, distributes cable television equipment and hardware to the cable television industry in North America, Central America, and South America. The company offers headend products, which include satellite receivers, integrated receivers/decoders, demodulators, modulators, antennas and antenna mounts, amplifiers, equalizers, and processors that are used by a system operator for signal acquisition, processing, and manipulation for further transmission; and fiber products comprising optical transmitters, fiber optic cable, receivers, couplers, splitters, and compatible accessories, which are used to transmit the output of cable system headend to multiple locations using fiber optic cable. It also provides distribution products that comprise transmitters, receivers, line extenders, broadband amplifiers, directional taps, and splitters which are used to permit signals to travel from the headend to their destination in a home, apartment, hotel room, office, or other terminal location along a distribution network of fiber optic or coaxial cable. In addition, the company offers digital converters and modems, which are boxes placed inside the home that receive, record, and transmit video, data, and telephony signals. Further, it provides other hardware, such as test equipment, connector, and cable products, as well as repair services to various cable companies. Additionally, the company purchases and sells surplus and refurbished cable television equipment. ADDvantage Technologies Group markets and sells its products to franchise and private multiple system operators, telephone companies, system contractors, and other resellers. The company was founded in 1989 and is based in Broken Arrow, Oklahoma.

For the fiscal year ended 30 September 2006, ADDvantage Technologies Group, Inc.'s revenues increased 5% to $52.5M. Net income applicable to Common decreased 20% to $4M. Revenues reflect an increase in sales. Net income was offset by decreased operating income. AEY supplies the cable television(CATV) industry with new and used system-critical network equipment and hardware from leading manufacturers & operating a national network of technical repair centers.