WaveRider's Last Mile Solution Non-Line-Of-Sight Wireless System Now the Broadband Technology of Choice for Subscribers Across 43 States.
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SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Jan. 13, 2003
Product performance fuels surge of new Last Mile Solution(R)
deployments; establishes product as world leader in
license-exempt non-line-of-sight broadband systems
WaveRider Communications, Inc. (OTCBB OTCBB
See OTC Bulletin Board (OTCBB). :WAVC WAVC Western Association of Venture Capitalists ), a leading global provider of fixed wireless Internet access See how to access the Internet. products, today announced its non-line-of-sight (NLOS NLOS Non-Line of Sight
NLOS No Line of Sight (satellite TV)
NLOS Near Line of Sight ) Last Mile Solution(R) products have been deployed by service providers in 43 states in the U.S., making 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 available to hundreds of thousands of potential business and residential subscribers.
"With the current number and size of WaveRider product deployments, and the proven and unparalleled performance of our NLOS products, we believe our Last Mile Solution(R) (LMS) product is the world leader in non-line-of-sight fixed wireless Internet technologies for the license-exempt spectrum," said Charles Brown Charles Brown is the name of:
"Our customers are now serving thousands of subscribers using WaveRider's non-line-of-sight wireless systems. Many subscribers have switched from wired services to our customers' new local wireless broadband service," said Brown. "The rate of subscriber growth is enabling our customers to meet their business targets, generate a fast return on their investments, and to compete against wired Internet access carriers in their regions."
Infobahn (INFOrmation BAHN) A nickname for the information superhighway. It comes from the German "Autobahn," or automobile superhighway.
Infobahn - (After the German "Autobahn") Information Superhighway. Outfitters of Macomb, Illinois Macomb is a city located in McDonough County, Illinois founded in 1831. It is situated in western Illinois southwest of Galesburg at 40°27'38" North, 90°40'27" West (40.460501, -90.674048).GR1 As of 2000, the city had a population of 18,558. , is one of the companies that introduced wireless broadband using WaveRider non-line-of-sight LMS products in 2002 and is now experiencing rapid network growth. The company introduced its wireless service in November, 2002, and has already doubled its forecasted number of subscribers for its first phase of deployment.
"WaveRider's non-line-of-sight system is the first product for the license-exempt spectrum that has been proven to deliver the features and performance we need. The technology is performing well, our customers are thrilled, and we have expanded our network faster than we had anticipated," said Jeff Calhoun Jeff Calhoun (born 1960) is an American choreographer, theatre director, and dancer. He was also a left-handed relief pitcher with the Houston Astros and Philadelphia Phillies. , Chief Technology Officer, Infobahn Outfitters.
Setting the standard for NLOS technology
WaveRider's Last Mile Solution(R) is the world's first wireless broadband product to deliver true non-line-of-sight Internet connections in the license-exempt spectrum. WaveRider's LMS is distinguished in the non-line-of-sight category by its user-installed indoor antenna An Indoor antenna is a type of Radio or TV Antenna placed indoors, as opposed to being mounted on the roof. Indoor antennas are usually a simple and cheap solution that may work well when the receiver is relatively near to the broadcasting transmitter and the building walls do not , which enables broadband connections through buildings, tree canopies and other line-of-sight barriers.
"WaveRider's LMS is the first NLOS product for the 900 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. spectrum to be chosen for city and county-wide deployments because it is the only system of its kind that can accommodate up to 900 subscribers on a single base station, and deliver the performance required by these large operators," said Brown. "We believe our LMS product has set the standard for NLOS technologies today."
Deployments gaining speed
"The number and size of deployments of WaveRider Last Mile Solution(R) products has increased steadily throughout 2002," said Brown. "With the financing options that are now becoming available, and the growing subscriber confidence in broadband wireless See wireless broadband. systems, our customers are able to deploy larger systems at an even faster pace than our customers have in the past."
"In addition, many of our customers are reporting that WaveRider's NLOS systems are delivering faster connection speeds and operating over greater distances than expected," added Brown. "These performance levels are enabling our customers to reach more subscribers and to deliver the highest level of service possible via NLOS wireless technologies."
WaveRider's Last Mile Solution(R) non-line-of-sight high-speed fixed wireless products have been installed and deployed by service providers, municipal governments and utility companies as an alternative to traditional wireline Internet systems. The systems consist of Communications Access Points (base stations) and wireless end user modems (EUMs) with antennas installed at the subscriber's premises. WaveRider's indoor antenna can be installed by the subscriber for a non-line-of-sight wireless connection, or an outdoor antenna can be installed for longer range and line-of-sight applications.
About WaveRider Communications, Inc.
WaveRider Communications Inc. (www.waverider.com) is a leading wireless information technology company that develops, manufactures and markets products for data communications and Wireless Internet Networking (WIN). WaveRider's high performance products use direct sequence spread spectrum technology and operate in the license-free 900 MHz and 2.4 GHz ISM See ISM band. frequency bands. NCL NCL Norwegian Cruise Line
NCL New Caledonia (ISO Country code)
NCL National Consumers League (Washington, DC)
NCL Neuronal Ceroid Lipofuscinosis (adult type) Series Wireless Bridges and Routers provide the wireless connection between single or multiple computer networks. Integrated network management features ensure data is quickly forwarded to its intended destination based on network conditions. WaveRider's LMS (Last Mile Solution(R)) Product Family connects wireless modems that offer high-speed connections to the Internet for business and residential customers. WaveRider is traded on the OTC Bulletin Board OTC Bulletin Board
An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. , under the symbol WAVC.
Except for the historical statements made herein, this release contains forward-looking statements that involve risks and uncertainties including the risks associated with the effect of changing economic conditions, trends in the development of the Internet as a commercial medium, market acceptance risks, realizing expected revenue, technological development risks, and seasonality. Risk factors also include the company's ability to secure additional financing; the company's ability to commercialize its products; the company's ability to compete successfully in the future against existing or new competitors; the company's ability to protect its intellectual property and the assurance that the rights granted under patents or copyrights that may be issued will provide sufficient protection to its intellectual property rights; the company's success in enhancing existing products and developing new products to keep up with the technological advances in the data communications industry; the continued availability of the license-exempt spectrum which is based on regulation by U.S. and foreign governments; the company's ability to avoid significant product liability exposure; the company's dependence on a limited number of third party manufacturers; the company's ability to execute its business plan and generate an overall profit and other risk factors detailed in the Company's filings with the Securities and Exchange Commission, including the company's annual 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.
See 10-K. as amended. Due to these factors, actual results could differ materially from those expressed in forward looking statements by the company.