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Guerrilla RF Recognized as 2024 Product of Year Runner-Up at Prestigious Electronics Industry Awards Event

GUER

Company Awarded with Coveted ‘Highly Commended’ Recognition within the Automotive Market Segment

Guerrilla RF, Inc. (OTCQX: GUER) is proud to announce its recognition as the 2024 Automotive Product of the Year Runner-Up at this year’s prestigious Electronics Industry Awards, hosted by Components in Electronics (CIE) publisher Datateam Business Media. This honor highlights Guerrilla RF's commitment to innovation and excellence in the automotive electronics sector.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030473936/en/

Guerrilla RF’s newly released portfolio of Low Noise Amplifiers (LNAs) and Linear Power Amplifiers (PAs) was recognized as the Runner-Up in EIA's 2024 'Automotive Product of the Year' competition. (Graphic: Business Wire)

Guerrilla RF’s newly released portfolio of Low Noise Amplifiers (LNAs) and Linear Power Amplifiers (PAs) was recognized as the Runner-Up in EIA's 2024 'Automotive Product of the Year' competition. (Graphic: Business Wire)

Guerrilla RF’s newly released portfolio of Low Noise Amplifiers (LNAs) and Linear Power Amplifiers (PAs) was specifically recognized for its critical role in enhancing telematics and in-vehicle cellular connectivity. This year’s Automotive Product of the Year award celebrates products that exemplify innovation, technical prowess, and utility within the automotive market.

The award-winning entry featured four new AEC-Q100 qualified products utilized in cellular compensators — specialized, bi-directional, multi-band amplifiers engineered to enhance cellular signal levels within vehicle cabins. These advanced LNAs and Linear PAs, including the GRF2106W, GRF2133W, GRF5507W, and GRF5517W, significantly improve sensitivity and transmit power capabilities, resulting in enhanced range, signal fidelity, and connectivity for cellular communications and vehicular telematics.

Guerrilla RF’s submission was shortlisted as one of five finalists in September 2024, ultimately achieving EIA’s Highly Commended runner-up status as announced at the Electronics Industry Awards ceremony on October 24, 2024.

A press release detailing the attributes of these products can be found here. For additional information on Guerrilla RF’s complete Automotive portfolio, please visit guerrilla-rf.com/automotive.

About Guerrilla RF, Inc.

Founded in 2013 and based in Greensboro, NC, Guerrilla RF develops and manufactures high-performance monolithic microwave integrated circuits (MMICs) to wireless OEMs in multiple market segments — including 5G/4G macro and small cell base stations, cellular repeaters/DAS, automotive telematics such as SDARS/V2X/GPS/DAB, military communications, navigation, and high-fidelity wireless audio. Guerrilla RF has an extensive portfolio of over 100 high-performance radio frequency (RF) and microwave semiconductor devices. The existing product line includes ultra-low noise amplifiers, gain blocks, driver amplifiers, mixers, RF switches, digital step attenuators (DSAs), and linear power amplifiers (PAs) — the critical building blocks for mission-critical, performance-driven wireless applications. To date, the company has shipped over 200 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, coming in at No. 421 and 489 for the 2020 and 2021 rankings, respectively. For more information, please visit https://guerrilla-rf.com or follow the company on Twitter and LinkedIn.

About the Electronics Industry Awards

The Electronics Industry Awards, organized by CIE, celebrate excellence and ingenuity across the electronics sector. For seven years, the awards have recognized products and companies that distinguish themselves through outstanding technical expertise and innovation. Winners are determined through an online voting process, reflecting the opinions of industry professionals.

For a complete list of winners, visit: 2024 Winners | The Electronics Industry Awards

About CIE

Established in 1984, CIE provides essential information for today’s design engineers through both print and online platforms. The publication covers all facets of the electronics industry, offering insights, product news, and expert commentary.

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 a number of 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.



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