LXE Touts Record Revenues in '03

Provider of rugged wireless computers accelerated incorporation of RFID, speech recognition into products

Atlanta — March 11, 2004 — LXE Inc., a manufacturer of rugged wireless computers, topped $100 million in annual revenues for the first time in its history last year in the wake of record fourth-quarter revenues, the company reported recently.

"We had another record year in a market that most industry experts describe at best as flat," noted Jim Childress, LXE's president and general manager. "This makes three straight years of record revenue growth, and five straight record year-over-year quarters."

Childress added that he believes the company will also see a jump in its market share. "LXE's markets in the Americas and Europe remained great sources of new orders, and the division also expanded business in the Pacific Rim, specifically in Australia and Singapore," he said.

Based in Norcross, Ga., LXE offers rugged mobile computers, auto-ID technologies and wireless network infrastructure, as well as installation and support services. The company says its wireless products and solutions help companies improve supply chain performance.

In 2003, LXE launched its new partner and service programs, PartnerPass and ServicePass. Also in 2003, LXE introduced two new Windows CE-based handheld computers, the MX5 and MX6.

"We accelerated the incorporation of RFID and speech recognition into our standard products," said Bill Roeder, senior vice president and deputy general manager for LXE, "and 2004 appears to be picking up where 2003 left off, with several new products soon to be announced, as well as continued expansion of our RFID capabilities."

In addition, LXW earned a second-consecutive Mobile Star Award for the industry's best customer service, and an independent study by Moore & Symons named LXE the service and support leader in for the second consecutive year.