Adaptive Broadband Announces Filing Extension for Transition Report on Form 10-K Filing.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--April 2, 2001 Adaptive Broadband Corporation (Nasdaq:ADAP ADAP AIDS Drug Assistance Program ADAP Alcohol and Drug Awareness Program ADAP Agricultural Development in the American Pacific ADAP Autodiscovery/Autopurge ADAP Airport Development Aid Program ADAP Advanced Digital Antenna Production ) announced today that it is filing a notification with the Securities and Exchange Commission to extend the time for the filing of its transition report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the transition period July 1, 2000 to December 31, 2000 by the 15-day extension allowable pursuant to the Securities and Exchange Commission's Rule 12b-25(b), because the review of the company's financial reporting announced on March 15, 2001 has not yet been completed. About Adaptive Broadband Adaptive Broadband (www.adaptivebroadband.com) is a data networking solutions company that is developing leading-edge technology for the deployment of broadband wireless See wireless broadband. communication over the Internet. Its AB-Access(TM) fixed 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 platform bridges the last mile, currently replacing the local loop for corporate and small business subscribers and migrating to the residential market. Combining a leading packet-on-demand technology and time division duplexing, it offers data transmission at rates up to 25 Mbps-providing the capability for voice, real-time video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , transmission of full streaming video, web surfing, and transmission of data files-all simultaneously and over one connection. |
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