3M Signs Private Label Agreement with BreezeCOM.Business Editors NEW ORLEANS--(BUSINESS WIRE)--July 11, 2000 BreezeCOM (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BRZE), a leader in the design and manufacture of high-speed wireless access and enterprise solutions, announced today that it has signed a private label agreement with 3M (NYSE NYSE See: New York Stock Exchange : MMM MMM Myeloid metaplasia with myelofibrosis, see there ) to provide its entire suite of BreezeCOM wireless access products and solutions. "The broadband wireless market is experiencing explosive growth as ASPs and ISPs look to offer small and medium business as well as individual end users, voice, IP, and data services," stated John Miterko, wireless initiative manager for 3M's Telecom Systems Division. "We believe our relationship with BreezeCOM will enable us to quickly expand our product offering to meet this growth." Incorporating its patented technology, BreezeCOM products deliver reliable wireless connectivity with dynamic bandwidth allocation Dynamic Bandwidth Allocation (DBA) is a technique by which traffic bandwidth in a shared telecommunications medium can be allocated on demand and fairly between different users of that bandwidth. and efficient spectrum utilization. The BreezeCOM family of wireless products are available worldwide and include solutions in the licensed 3.5 GHz and MMDS (Multichannel Multipoint Distribution Service or Microwave Multipoint Distribution Service) A digital wireless transmission system that works in the 2.2-2.4 GHz range. 2.5-2.7GHz frequency bands, as well as in the license-free 2.4 GHz ISM band. "We are pleased 3M has selected BreezeCOM as a strategic supplier for its wireless offering ," stated Bernard Herscovich, president of BreezeCOM. "Our products are market proven, making them an ideal solution to 3M and our cooperative culture make us an excellent technology partner." About 3M 3M is a $15.7 billion diversified manufacturing and technology company with operations in more than 60 countries. Headquartered in St. Paul, Minnesota, 3M makes a wide variety of products serving customers in dozens of markets, including data and telecommunications, industrial, electronic, automotive, health care, transportation safety, consumer and office. 3M is traded on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago, Pacific and Swiss stock exchanges under the symbol MMM. It is one of the 30 stocks that make up the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. and also is a component of the Standard & Poor's 500 Index. For more information about 3M, visit the company's website at www.3m.com About BreezeCOM BreezeCOM is a leading developer and manufacturer of broadband wireless access products and wireless LANs, targeted to public operators, ISPs and private enterprises. BreezeCOM products employ broadband, narrowband and spread spectrum radios, digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). (DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive ) modems and point-to-multipoint wireless packet switching technologies optimized for high-speed Internet access. For more information on BreezeCOM, visit www.breezecom.com. BreezeACCESS is a trademark of BreezeCOM, Inc. All other trade names are the properties of their respective owners. This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in demand for products, the timing and cancellation of orders and other risks detailed from time to time in BreezeCOM's filing with the Securities and Exchange Commission, including BreezeCOM's Form F-1. |
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