Southport Acquisition Corp Cl A (PORT)

Description:

Porta Systems Corp. was incorporated in 1972 as the successor to a New York corporation of the same name incorporated in 1969. The Company develops, designs, manufactures and markets a range of standard and proprietary telecommunications equipment and integrated software applications for sale domestically and internationally. The Company's core products, focused on ensuring communications for service providers worldwide, which fall into two categories: Voice and Data Connection and Protection Equipment: These products, which refer to connection /protection equipment, are used to connect copper wire lines, automated digital subscriber lines, wireless networks, fiber connection/protection lines, and security networks, and to protect equipment from voltage surges. Signal processing equipment, these products, which they sell mainly for use in defense and aerospace applications, support copper wire-based communications systems. Its connection and protection equipment includes connector blocks, protector modules, building entrance terminals, category 5E and 6 cable connectors and protectors, frames used in telephone central switching offices, voice and data installations, multiple dwelling units and customer premises applications. The signal processing products include data bus components, cable assemblies and wideband transformers. Its data bus components provide network infrastructure that connects remote terminals used in military data transmission applications, where an extremely high level of reliability and performance is required. In the United States and throughout the world, it uses independent distributors in the marketing of all copper based products to the regional operating companies and the customer premises equipment market. Porta competes directly with a number of large and small telephone equipment manufacturers in the United States, with Emerson being its main competitor.