PCTEL and Wider Networks Settle Intellectual Property Dispute.PCTEL Becomes Exclusive Distributor of Wider Products and Acquires Wider's Patent Portfolio BLOOMINGDALE, Ill. -- PCTEL, Inc. (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 : PCTI PCTI Passaic County Technical Institute (Wayne, New Jersey) PCTI Provider Tag Control Information ), a leader in propagation and wireless network optimization solutions, announced today that it has settled its intellectual property dispute with Wider Networks. Under the terms of the agreement, PCTEL has acquired the two patents underlying Wider Networks' products. PCTEL also acquired exclusive distribution rights to Wider's product portfolio and will incorporate Wider's products into PCTEL's product portfolio. Wider Networks will receive total consideration of $1.2 million for its patents and the distribution rights to its products. Wider Networks will continue to design, develop, and manufacture the Wider products that PCTEL will distribute. The Wider executive team will train the PCTEL sales force on these products. "We are pleased to team with Wider Networks and have this matter behind us," said Marty Singer, PCTEL's Chairman 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. . "Wider has developed a compelling product that we are pleased to represent to our customers as an important element of our product portfolio. This arrangement also enhances PCTEL's intellectual property portfolio and strengthens our leadership in interference management," added Singer. "Wider is very pleased about this partnership with PCTEL," said David Sanders David Sanders is an Associate Professor of Biological Sciences at Purdue University[1]. His expertise concerns gene therapy, cancer research, biodefense, and pandemic influenza. , Wider's Co-President. "Wider will continue to design, develop, manufacture, and maintain our products but now we will also leverage the benefits of PCTEL's well developed sales and marketing organization," added Sanders. PCTEL's RF Solutions Group is recognized as a leader in the design, development, and manufacture of high-performance scanning receivers used by network engineers worldwide for the optimization of cellular networks. Approximately five years ago, PCTEL launched CLARIFY, a powerful interference management software tool that exploits scanning receiver data to resolve difficult co-channel interference The confusion in the tuning circuit of a wireless receiver due to a second wireless signal being detected with the same frequency. Due to weather conditions, wireless communications systems (radio, TV, etc. issues. Wider also developed a powerful, industry accepted system, the WIND 3G, that addresses similar co-channel interference issues. The WIND 3G provides a complementary addition to PCTEL's product line-up. About PCTEL PCTEL, Inc. (NASDAQ: PCTI), is a global leader in propagation and wireless network optimization solutions. The company designs and develops software-based radios for wireless network optimization and develops and distributes innovative antenna solutions. The company's SeeGull([R]) scanning receivers, receiver-based products and CLARIFY([R])interference management solutions are used to measure, monitor and optimize cellular networks. PCTEL's SeeGull scanning receivers are deployed in industry leading wireless test and measurement equipment and viewed as an essential wireless data collection tool for cellular network optimization, drive tests, and spectrum clearing. PCTEL develops and supports scanning receivers for LTE (Long Term Evolution) See 3GPP. , EVDO, 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. , WCDMA (Wideband CDMA) A 3G high-speed digital data service provided by cellular carriers that use the TDMA or GSM technology worldwide, including AT&T (formerly Cingular) and T-Mobile in the U.S. , UMTS (Universal Mobile Telecommunications System) The GSM implementation of the 3G wireless phone system. Part of IMT-2000, UMTS provides service in the 2 GHz band and offers global roaming and personalized features. , TDS-CDMA and WiMAX networks. PCTEL's MAXRAD([R]), Bluewave[TM] and Wi-Sys[TM] antenna solutions address public safety, military, aviation, defense and government applications; SCADA (Supervisory Control And Data Acquisition) A process control application that collects data from sensors and machines on the shop floor or in remote locations and sends them to a central computer for management and control. , Health Care, Energy, Smart Grid and Agricultural applications; Indoor Wireless, Wireless Backhaul, and Cellular applications. Its portfolio includes a broad range of WiMAX antennas, WiFi antennas, Land Mobile Radio antennas, and precision GPS antennas that serve innovative applications in telemetry telemetry Highly automated communications process by which data are collected from instruments located at remote or inaccessible points and transmitted to receiving equipment for measurement, monitoring, display, and recording. , RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. , in-building, fleet management, and mesh networks. PCTEL provides parabolic antennas, ruggedized antennas, yagi antennas, military antennas, precision aviation antennas and other high performance antennas for many applications. PCTEL's products are sold worldwide through direct and indirect channels. For more information, please visit the company's web site www.pctel.com, www.antenna.com, www.antenna.pctel.com, or www.rfsolutions.pctel.com. About Wider Networks Wider Networks designs and develops data collection and optimization solutions for the wireless industry. Its WIND 3G wireless detection system is a GSM and WCDMA drive-test solution that captures accurate network power measurements in the presence of high levels of interference and pilot pollution. WIND 3G data enables operators to troubleshoot and increase the efficiency of their GSM and WCDMA networks, significantly cutting costs and improving call quality. WIND 3G technology is protected by two patents (US patent numbers 6,754,487 and 7,301,920). For more information, visit http://www.widernetworks.com. |
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