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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Frank A. Coluccio who wrote (4840)7/27/1999 10:18:00 AM
From: Triffin   of 12823
 
Frank ..

Saw this on ADAP earnings release on Yahoo today ..

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Internet Delivery System

During the quarter, the company announced its first domestic order to supply its new SpectraCast® products to OnSat Network Communications, Inc., for two-way, high speed Internet services via satellite.
SpectraCast is a family of products including multiplexers, IP gateways, various types of integrated receiver decoders, and supporting software for network data, audio, and multimedia delivery over satellite. Park City, Utah-based OnSat is a new Satellite Internet Services Provider (ISP), whose primary service is a ''scrubbed,'' or software filtered (pre-screened with x-rated content deleted) Internet and broadband services for public and private schools, churches, businesses and other audiences. OnSat can feed up to 6Mbps IP data over the satellite to the individual receive sites where land line connections are either much too slow or are impossible to achieve, due to the rural location of the site. The SpectraCast system allows OnSat to start with a narrow channel of bandwidth and expand as their requirements and customer list grows. The initial order is valued at $1.0 million.

EOM----------------------------------------------------------------

What do you think of this ??

Jim in CT ..
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