)(WWWN)(KSTP) Worldwide Wireless Networks Inc. and CastPro.com Partner to Provide Wireless Broadband Internet Connectivity to L.A.'s Motion Picture Industry.Business Editors/Hi-Tech Writers LOS ANGELES--(BUSINESS WIRE)--May 23, 2000 Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA. Wireless ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. and Mobile Webcasting Company team up to deliver Broadband Connectivity for live and mobile events over the Internet Global Pacific Wireless Internet, (a division of Worldwide Wireless Networks Inc. OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : BB WWWN) and CastPro.com (OTC Electronic Pink Sheets: KSTP KSTP Kerala State Transport Project (India) ), have teamed up to provide wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 Internet connectivity to its many mobile and live event customers. Worldwide Wireless Networks' integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. will deliver aerial high-speed Internet See broadband. connectivity to CastPro.com's existing mobile webcasting vehicles. These mobile units have been outfitted with state of the art I.P. webcasting and broadcasting equipment and configured to provide broadband connectivity to customers needing high-speed Internet service for special live events or live webcasts. CastPro.com chose WWWN's wireless network and its system to serve as its primary Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic. These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges. connection for select live events in order to reduce long distances sometimes associated between points of presence and the mobile vehicles. "We are delighted to have partnered with CastPro.com and, while utilizing our wireless network, we offer the company the ability to provision and implement mobile wireless broadband Internet connectivity to its clients. The connection is much closer since CastPro simply connects to the closest building rooftop in the immediate area, they then ride our wireless backbone to their central headquarters where the content is then distributed to the web. This is unheard of Not heard of; of which there are no tidings. Unknown to fame; obscure. - Glanvill. See also: Unheard Unheard in the webcasting world and is such a dramatic improvement over the normal way of webcasting usually with ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. or DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary lines that many times are not necessarily sufficient nor reliable. It also enables Worldwide Wireless Networks to go mobile with CastPro.com's mobile vehicles for our customers special events like off-site corporate board meetings, trade shows, expos etc.," said Jack Tortorice, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for Worldwide Wireless Networks. "I look forward to a long and profitable partnership with Worldwide Wireless Networks and am very pleased with their level of service and wireless backbone. This agility in implementation and provisioning has made it much faster for us to activate our live events. Based on industry estimates it is believed that $50 million was spent in 1999 for streaming media See streaming audio, streaming video and digital media hub. events and $500 million is expected in 2000. Based on our segment of the streaming media industry, we are expecting to capture in excess of $1 million of revenues from this sector. While we currently have two fully equipped mobile production vehicles in the Southern California market, we are scheduling the introduction of additional vehicles by the end of January 2001," commented Corey K. Quinn, CEO of CastPro.com About Worldwide Wireless Networks Worldwide Wireless Networks is an integrated wireless communications company headquartered in Orange, California. The Company specializes in high-speed Internet access using its own wireless network. Other products and services include wireless LANS's and WAN's, mobile wireless broadband, DSL, frame relay, collocation services and network consulting. The Company serves all sizes of commercial business accounts and the home office market. For more information, visit them on the Web at www.wwwn.com. About CastPro.com Based in Los Angeles, CA. CastPro.com is dedicated to producing the highest quality scalable webcasts by utilizing the most advanced professional equipment, innovative digital technology and an experienced production staff. CastPro.com specializes in producing webcasts of shareholder meetings, press conferences, corporate training sessions, product launches, tradeshows, entertainment events, concerts, sporting events and any kind of endeavor that can benefit from worldwide exposure. For more information visit them on the Web at www.CastPro.com. The statements made in this release which are not historical facts contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, market conditions, technical factors, the availability of outside capital and receipt of revenues, and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. |
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