CESEC and Wavesat to Cooperate on 802.16 BWA Systems; Large-scale Chinese Communication Equipment Manufacturer Poised to Enter in the 802.16 BWA Systems Market.Business Editors/High-Tech Writers MONTREAL--(BUSINESS WIRE)--Feb. 23, 2004 Wavesat Inc., a developer of OFDM (Orthogonal Frequency Division Multiplexing) A digital transmission technique that uses a large number of carriers spaced apart at slightly different frequencies. Broadband Wireless Access (BWA (Broadband Wireless Access) High-speed wireless access. Typically refers to wireless last mile access to the Internet. See WiMAX and broadband. ) silicon solutions, today announced that it has signed a cooperative agreement with China Electronics System Engineering Corp. (CESEC) of Beijing, China, for the development of next-generation Broadband Wireless Access (BWA) systems. The agreement covers the technical, engineering development and field testing of the DM256, an IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.16 compliant chip that CESEC plans to integrate in its future Wireless Metropolitan Area Network (WMANs) products. Developed and optimized over the past six years, Wavesat's DM256 chip is fully compliant with the IEEE 802.16a/d standards. It delivers proven NLOS NLOS Non-Line of Sight NLOS No Line of Sight (satellite TV) NLOS Near Line of Sight performance for next generation BWA systems with the highest spectral efficiency (5 bits/sec/Hz) in the Industry. Wavesat OFDM chips have passed all six (6) of the Stanford University Interim (SUI Sui (swā), dynasty of China that ruled from 581 to 618. This short-lived dynasty reunified China in 589 after 400 years of division and laid the foundation for further consolidation under the T'ang dynasty. ) Channel models, demonstrating their industry leading performance. "To remain a global leader in the Communications Industry, CESEC is pleased to partner with Wavesat, a company driving the BWA revolution," said Mr. Zhang, Senior Engineer of CESEC. "The Wavesat chips will help us bring out innovative products to our clients while guaranteeing them the highest level of interoperability in the market, through full compliance with WiMAX criteria." Wavesat, a member of the WiMAX Forum, has actively participated in all of the development phases of the IEEE 802.16 standards and believes that they will be the catalyst to its commercialization. It will make the Fixed Wireless business case compelling to Operators and accelerate the deployment of this technology. "Wavesat is pleased to be working with one of the preeminent communication equipment manufacturers of China. This agreement further reinforces Wavesat's position as the premier provider of 802.16a/d compliant chips in the marketplace and gives us a beachhead in the Chinese market," said Michel Guay, President and 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. of Wavesat. Guay continued, "For our customers, this new technology means easy integration with current products, backward compatibility with legacy features, the capacity to integrate evolving standards and the adaptation to country specifics." Wavesat's DM256 chipset also delivers distinctive benefits such as a higher ratio of customers per Base Station, lower cost per subscriber, lower installation costs, while offering the best performance in a harsh signal environment. About China Electronics System Engineering Corp (CESEC) China Electronics System Engineering Corp (CESEC) is a large Chinese Corporation in the Telecommunications Industry. It was founded in the 1970s. CESEC has many institutes and factories, including more than 3,000 senior and professional engineers. The main business is the development, manufacturing, marketing and selling of cable, radio and microwave equipment. About Wavesat Inc. Founded in 1993, Wavesat Inc., is a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. , focused on the development and supply of OFDM modem chips. Wavesat is headquartered in Montreal, Canada, where it conducts research and development activities. Wavesat is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . Key investors include Skypoint Capital Corporation, BDC (Backup Domain Controller) In a Windows NT server, a copy of the Primary Domain Controller (PDC). The BDC is periodically synchronized with the PDC. See PDC. BDC - Backup Domain Controller Venture Capital, Innovatech du Grand Montreal and Monet Capital. Wavesat is a principal member of the WiMAX (World Interoperability for Microwave Access) Forum, a nonprofit corporation formed to certify the compatibility and interoperability of Broadband Wireless Access devices conforming to the IEEE 802.16a/d wirelessMAN and ETSI (European Telecommunications Standards Institute, Sophia Antipolis technical park, Nice, France, www.etsi.org) A non-profit membership organization founded in 1988, dedicated to standardizing information and communication technologies (ICT) throughout Europe. HiperMan specifications and to help accelerate the introduction of these devices into the marketplace. For additional information about Wavesat, please visit the company's Web site at www.wavesat.com. |
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