Guerrilla RF Partners with RFMW to Provide Customers Best-in-Class Solutions and Support

Rhea-AI Summary

Guerrilla RF, Inc. (OTCQX: GUER) has entered into a distribution agreement with RFMW, a prominent distributor of RF and microwave semiconductors. This partnership aims to enhance Guerrilla RF's reach and customer relations in key markets, particularly in high-growth sectors such as 5G, automotive, and aerospace. Jeff Broxson, VP of Sales, emphasized RFMW’s global presence and technical proficiency as significant advantages for Guerrilla RF. The collaboration is expected to leverage RFMW’s engineering expertise to address the challenges of a rapidly evolving tech industry, boosting Guerrilla RF's growth momentum.

Positive

• Partnership with RFMW expands distribution reach.
• Access to high-growth markets like 5G and automotive.
• Strengthens customer relationships and technical support.

Negative

• None.

GREENSBORO, N.C.--(BUSINESS WIRE)-- Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of state-of-the-art RF and microwave communications semiconductors, announced signing an agreement with RFMW to distribute its high-performance MMICs and solutions. RFMW is one of the premier distributors of RF & microwave semiconductors. They provide components, value add, and design solutions through a first-rate technical sales and marketing organization. Guerrilla RF’s collaboration with RFMW will increase the company’s reach and strengthen customer relationships.

Guerrilla RF is partnering with RFMW to provide best-in-class solutions and support to customers. (Graphic: Business Wire)

“RFMW is an outstanding addition to our industry-leading semiconductor partners. They bring a strong global presence, technical proficiency, and dedicated sales team that will strengthen Guerrilla RF’s presence in key markets,” stated Jeff Broxson, Vice President of Sales at Guerrilla RF. “RFMW has a rich history of providing engineering and distribution expertise for the global semiconductor market, and this partnership will enhance our ability to provide best-in-class solutions and support.”

“We are excited to see how our partnership can help customers in high-growth markets, such as 5G, automotive, satellite communications, aerospace & defense,” stated Joel Levine, President of RFMW. “By joining forces, we will be able to help Guerrilla RF’s considerable momentum and ability to address the application challenges of a rapidly growing tech industry.”

About RFMW

RFMW is a specialty electronics distribution company focused exclusively on serving customers that require RF and microwave components and semiconductors, as well as component engineering support. The company continues to expand its list of products from selective suppliers with RF/microwave expertise. RFMW deploys a highly experienced, technically skilled team to assist customers with component selection and fulfillment. Acquired by TTI, Inc. in 2018, RFMW is part of the Exponential Technology Group (XTG), a collection of electronic component distributors and design engineering firms that collaborate to enable the development of modern technologies. XTG is a subsidiary of TTI Inc.’s Family of Specialists: TTI, Inc., Mouser Electronics, and Sager Electronics.

To learn more about RFMW, visit their website at www.rfmw.com, call 1.877.FOR.RFMW (367-7369), or reach out via e-mail at info@rfmw.com.

About Guerrilla RF, Inc.

Founded in 2013, Guerrilla RF, Inc., develops and manufactures high-performance state-of-the-art radiofrequency (RF) and microwave communication solutions for wireless OEMs in multiple high-growth market segments, that include network infrastructure for 5G/4G macro and small cell base stations, cellular repeaters/DAS, automotive telematics, military communications, navigation, and high-fidelity wireless audio. The company has an extensive portfolio of 100+ high-performance RF and microwave semiconductor devices with 50+ new products in development. As one of the fastest growing semiconductor firms in the industry, Guerrilla RF drives innovation through its R&D to commercialization initiatives and focuses on product excellence and custom solutions to underserved markets. To date, the company has shipped over 150 million devices and has repeatedly been included in Inc. Magazine’s annual "Inc. 5000" list. Guerrilla RF recently made the top "Inc. 500" list for the second year in a row. For more information, please visit https://guerrilla-rf.com or follow the company on Twitter and LinkedIn.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements are inherently subject to risks and uncertainties. Forward-looking statements include projections, predictions, expectations, or beliefs about future events or results or otherwise are not statements of historical fact. Such statements are often characterized by the use of qualifying words (and their derivatives) such as “expect,” “believe,” “estimate,” “plan,” “project,” “anticipate,” or other statements concerning opinions or judgments of the company and its management about future events. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the company's control. Actual results may differ materially from those in the forward-looking statements as a result of several factors, including those described in the company's filings with the SEC available at www.sec.gov. Forward-looking statements speak only as of the date they are made. The company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230328005123/en/

Sam Funchess, VP of Investor Relations

sfunchess@guerrilla-rf.com

+1 336 510 7840

Source: Guerrilla RF, Inc.

FAQ

What is the significance of Guerrilla RF's agreement with RFMW?

The agreement enhances Guerrilla RF's distribution capabilities and allows access to high-growth markets.

How will the RFMW partnership impact Guerrilla RF's market reach?

The partnership is expected to strengthen Guerrilla RF's presence in key markets and improve customer relations.

Which markets will Guerrilla RF focus on with RFMW?

Guerrilla RF will target high-growth markets, including 5G, automotive, and aerospace.

What does the partnership with RFMW mean for Guerrilla RF's growth?

It is anticipated to leverage RFMW’s engineering expertise, enhancing Guerrilla RF's growth momentum in a rapidly evolving tech industry.

What type of products will be distributed through the RFMW agreement?

The agreement involves the distribution of high-performance MMICs and RF solutions.