Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Axesstel Receives $1.8 Million Purchase Order from Large China-Based Infrastructure Provider for EV-DO Modems Destined for Africa.


SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  -- Axesstel, Inc. (AMEX AMEX

See: American Stock Exchange
:AFT), a leader in the design and development of fixed wireless voice and broadband data products, today announced it received a purchase order valued at approximately $1.8 million from a large infrastructure provider, headquartered in China, for Axesstel D1900 (1900 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. ) and D800 (800 MHz) 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  Modems. Axesstel has begun shipments of both modems to the company.

The infrastructure provider is a leader in providing next generation telecommunications network A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes.  solutions for operators around the world. The D1900 and D800 modems will be bundled with its 1900 MHz and 800 MHz band CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. 2000 1xEV-DO infrastructure and sold into Africa.

"This order developed out of a strong collaborative partnership we have built with this infrastructure provider over the years," said Marv Tseu, chief executive officer for Axesstel. "Going forward, we will look to establish more strategic partnerships with industry leading infrastructure providers to build out our distribution channels and further penetrate rapidly growing emerging markets in Africa and worldwide."

Access to data services and the Internet in Africa are either very limited or not available at all. For example, according to ITU's World Telecommunications Indicators (May 2006), only two in every 100 people in Africa have access to the Internet. The Axesstel EV-DO (EVolution-Data Only) A 3G high-speed digital data service provided by cellular carriers worldwide that use the CDMA technology, including Verizon and Sprint in the U.S. EV-DO works on EV-DO cellphones as well as laptops and portable devices that have EV-DO modems.  modems, bundled with the infrastructure provider's impending im·pend  
intr.v. im·pend·ed, im·pend·ing, im·pends
1. To be about to occur: Her retirement is impending.

2.
 network deployments, will extend greater access to broadband data and the Internet in the region. The infrastructure provider's Sub-Saharan Africa division covers 39 countries throughout the continent of Africa and its equipment has been deployed in over 30 countries throughout the region.

Axesstel's D1900 and D800 Wireless Broadband Modems allow users to connect their desktop PCs or laptops to the Internet for email and web browsing over CDMA2000 1xEV-DO networks deployed worldwide. The D1900 and D800 uniquely support Ethernet connectivity, giving users easy to use, plug-and-play access to data networks without the need to download software. The modems provide broadband access to data at speeds up to 2.4 Mbps and also support local area networks (LANs) and wireless local area networks (WLANs) for streamlined networking of multiple desktop PCs or laptops. Receive diversity antennas increase signal strength, widen coverage area, and maximize data throughput.

ABOUT AXESSTEL, INC.

Axesstel (AMEX:AFT) is a leader in the design and development of fixed wireless voice and broadband data products. Axesstel's product portfolio includes fixed wireless desktop phones, public call office phones, voice/data terminals, broadband modems and 3G gateways for access to voice calling and high-speed data services. The company delivers innovative fixed wireless solutions to leading telecommunications operators and distributors worldwide. Axesstel is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation).
San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951.
 and has a research and development center and manufacturing facilities in Seoul, South Korea. For more information on Axesstel, visit www.axesstel.com

[c] 2006 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of Axesstel, Inc.

"Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: With the exception of historical information, the statements set forth above include forward-looking statements relating to future customer orders, market penetration and conditions, product capabilities and the timing of new product introductions which may affect future results and the future viability of Axesstel. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important risk factors. Those factors include but are not limited to unforeseen manufacturing difficulties, unanticipated component shortages, competitive pricing pressures and the risk factors noted in Axesstel's filings with the Securities and Exchange Commission, such as the rapidly changing nature of technology and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Axesstel's products; product and customer mix, Axesstel's need to gain market acceptance for its products; the risks of primary dependence on a few large customers; potential intellectual property-related litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
; Axesstel's need to attract and retain skilled personnel; and Axesstel's primary reliance on single contract manufacturer. All forward-looking statements are qualified in their entirety by this cautionary statement, and Axesstel undertakes no obligation to revise or update this press release to reflect events or circumstances occurring after this press release.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 2, 2006
Words:691
Previous Article:OAUG Participates in Oracle OpenWorld 2006.
Next Article:PowerSteering Software Achieves Record Sales.
Topics:



Related Articles
COMTECH TELECOMMUNICATIONS AWARDED MULTI-MILLION DOLLAR ORDER FOR SATELLITE TERMINAL EQUIPMENT.
ITEX-BASED ADSL MODEMS NOW SHIPPING TO MAINLAND CHINA.
Axesstel Receives $5.1 Million in Purchase Orders from Five Customers for EV-DO Modems; Expands Penetration and Customer Base in Latin America and...
Axesstel Announces Broadband Modems Converging EV-DO Data, 1X Voice and Fax; MV200 Series Fixed Wireless Broadband Modems Offer Consumers and...
Axesstel to Unveil New Line of 3G Data, Voice, Fax, and WiFi Gateways, and Exhibit Convergence at CTIA Wireless and Mobile Focus.
Axesstel Announces New Line of 3G Gateways Converging EV-DO Data, 1X Voice, Analog Fax and Wi-Fi Router.
Axesstel Announces First Quarter 2006 Results; Reports Revenue of $10.5 Million; Expanded Geographically and Diversified Customer Base; Launched...
Axesstel Announces Second Quarter 2006 Results; Revenue of $22.8 Million More than Doubles First Quarter 2006 Revenue; Achieved Record Revenue from...
Axesstel Announces New Series of 3G Gateways Converging EV-DO Rev A Data, Wi-Fi Router and Ethernet Switch.
Axesstel Announces Sleek New Portable EV-DO Rev A USB Modems for Home and Travel Use.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles