Diego, California, was a complete success.
The ARC System utilizes several proprietary technological developments to
provide a wide range of highly economical telecommunications services to a
geographical area that will initially cover 15,000 square miles from a single
wireless source. Among the proprietary technologies incorporated in the system
is a Platforms-developed Antenna Array that enables the System to achieve signal
propagation over a wide coverage area. The same proprietary antenna system array
allows the usage of standard, off-the-shelf handsets within a coverage area of
140 miles in diameter. The ARC System delivers its telecommunications services
from a 150 foot long aerostat floating in restricted airspace at 15,000 feet,
tethered to a ground mooring station. Platforms Wireless is the sole owner of
this proprietary technology, which the Company intends to protect through US and
international patent applications.
Sophisticated system diagnostics were demonstrated that provide real-time
information on the performance of each separate component of the system
equipment, connections and signal. This allows the system's ground crew to
closely monitor and manage all performance parameters on a continuous real-time
basis.
The US demonstration was attended by more than 150 people, including Platforms
shareholders, representatives from Platform's Brazilian customer Americel,
telecommunications companies, and the press. Since the conclusion of the
demonstration, numerous articles and stories about the ARC System have already
been filed, and will soon be posted on the Company's website at www.plfm.net .
Francois Draper, Executive Vice President, COO & CTO of Platforms Wireless
International, explained the special features and benefits of the ARC System.
"This is the first commercial, airborne wireless communications System in the
world. The ARC System technology is more efficient and more cost-effective than
any other wireless communications technology available on the market today. And,
at less than half the cost and more than twice the profitability of most
terrestrial cellular systems, we believe the ARC System will revolutionize the
wireless communications industry."
"The system you see here," Mr. Draper explained, "is the same ARC System we're
shipping to Brazil for commercial installation and demonstration this Spring.
This System is ready to go into commercial service in the state of Goias, and
has been configured to service up to 125,000 subscribers. The initial service
region includes 75 cities and a total population of 800,000 people."
Platforms Wireless President Robert D. Perry, stated: "The ARC System's airborne
wireless communications capabilities are fully operational and ready for
commercial delivery. More importantly, the press, our shareholders and the
representative of Americel had a first-hand opportunity to see the ARC System
payload in actual operation, processing RF signals according to the System's
operational specifications and in accordance with industry standards. All
systems are go, we're ready for Brazil!"
William C. Martin, Chairman and CEO of Platforms Wireless International stated:
"In the past two days, we have witnessed the birth of a brand new airborne
wireless communications technology. This timely new technology is designed to
service the needs of the emerging, underserved nations of the world. This key
strategic target market is a potential $250 billion dollar a year marketplace."
"The ARC System, with its lighter-than-air Aerostructures," Mr. Martin
continued, "will play an important role in connecting the emerging, underserved
nations of the world to the technology convergence superhighway. Here, the power
of telecommunications, the Internet, and computing are quickly merging into a
single, compelling medium for global progress."
About Platforms Wireless International Corporation
Platforms Wireless International Corporation (OTC: PLFM), headquartered in Los
Angeles, California, is the developer and marketer of the revolutionary wireless
communications technology known as the Airborne Relay Communications "ARC"
System, and its family of Airborne, LTA host infrastructures, the Zer0Gravity
AeroStructures(R). Management believes these significant advances in the field
of Airborne wireless communications technology, together with continuing
technology improvements and new developments, will provide an efficient,
cost-effective, all-broadband, voice and data communications alternative for
augmenting, replacing, and supplementing terrestrial wireline and cellular
telecommunications infrastructures, as well as high and low-earth orbiting
satellites -- at a savings in both cost and deployment time, as compared to
conventional systems. Platforms has already announced its first ARC System
Conditional Contract with AMERICEL, S.A., one of the leading cellular
telecommunications service providers in Brazil. Platforms can be found on the
Web, at: www.plfm.net .
Safe Harbor Act Disclaimer
FORWARD-LOOKING STATEMENTS -- The statements contained in this Press Release,
which are not historical facts, are "forward-looking statements," within the
meaning of Rule 175 under the Securities Act of 1933, and Rule 3b-6 under the
Securities Exchange Act of 1934, and as defined in the Private Securities
Litigation Reform Act of 1995, and such statements qualify for the Safe Harbor
protection afforded under such Acts. Forward-looking statements can be
identified by the use of forward-looking words, such as "believes," "expects,"
"may," "will," "should," "anticipates," or the negative thereof, or other
variations thereof, or comparable words, or by statements related to future
plans, strategies, or other business development activities that involve risks
and uncertainties. Management cautions the reader that "forward-looking
statements" including, without limitation, statements regarding Platforms
technology, products, marketing plans and strategies, markets for its products
and services, and expected, projected results of operations, are all
predictions, expectations, and anticipations. No assurances can be given that
such predictions, expectations, and anticipations will prove accurate and
correct, or that anticipated, projected future results will be achieved.
Numerous risk factors can cause actual results to vary materially from the
future results indicated, expressed, or implied in forward-looking statements.
Such risks and uncertainties include, but are not limited to Platforms' ability
to successfully market its products and services to new customers; the Company's
ability to obtain necessary financing to support corporate operations and
finance the acquisition of test equipment and systems; the Company's ability to
obtain required permits, licenses, and authorizations in a timely manner; the
Company's performance of a successful ARC System Demonstration in Brazil; the
ability of Service Providers to successfully market ARC System wireless
communications services to subscribers; the ARC System's capability to
cost-effectively and profitably penetrate higher-cost, rural area markets; and
the unknown impact of probable entry into the market by larger, better
capitalized competitors. Therefore, there can be no assurance that the
information indicated, expressed, or implied in the forward-looking statements
contained in this Press Release will prove to be accurate or correct, and future
events and actual results could differ materially from those indicated,
expressed, or implied in these forward-looking statements.
CONTACT: For further information: Chris McKie of McKie-Headstrom PR,
408-942-0133, ext. 10, or chris_mckie(at)mhpr.com; or Invest
rs, Brad Meyer
or Harvey Goralnick, both of FOCUS Partners LLC, 212-752-944
, or
plfm(at)focuspartners.com, for Platforms Wireless Internatio
al Corporation
URL: Web site: plfm.net
News release via Canada NewsWire, Toronto 416-863-9350
Copyright (C) 2001 CNW, All rights reserved
-0-
KEYWORD: LOS ANGELES
INDUSTRY KEYWORD: TLS
CPR
SUBJECT CODE: PDT
*** end of story ***
(COMTEX) B: Innovative Wireless Communications Technology Successfull
B: Innovative Wireless Communications Technology Successfully Demonstrated By
Platforms Wireless
LOS ANGELES, Mar 08, 2001 (Canada NewsWire via COMTEX) -- Platforms Wireless
International Corporation (OTC: PLFM), the developer of the groundbreaking
Airborne Relay Communications "ARC System" for wireless voice and data
communications, announced today that the US demonstration of its unique Airborne
Wireless Communications System, which took place on Monday and Tuesday, March
5th and 6th, at the Composite Optics (COI) Communications Test Range in San |
