Siemens and P-Com Successfully Complete the First
Commercial Deployment of Their
Point-to-Multipoint Millimeter Wave Radio System
for WinStar
BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 7, 1999--Siemens and P-Com, Inc. (Nasdaq/NMS:PCMS - news)
announced today that they have successfully completed the first phase of the commercial deployment of their
point-to-multipoint (PMP) Wireless Access solution with WinStar Communications, Inc. (Nasdaq/NMS:WCII - news) in
Washington D.C.
''The performance of the system and its capability to provide multiple services to end users at high speeds is a real
competitive advantage,'' said David Ackerman, WinStar's executive vice president for Network Services and Business
Development.
''We demonstrated the system capabilities to our stockholders and analysts in New York in December with Siemens and
P-Com as our technology and integration partners. The demonstration included showing full-motion video, establishing a
high-speed connection to the Internet, and making telephone calls, all simultaneously over a single connection. The next step
for WinStar is to work with Siemens and P-Com to explore this solution in new markets in 1999.''
''Siemens understands what it takes to be a first class system integrator for WinStar, and we proved this during the WinStar
demonstration in December,'' said Fred Fromm, president and CEO of Siemens Information and Communication
Networks, Inc. ''With P-Com as our point-to-multipoint technology partner, we have the best solution to meet WinStar's
requirements.''
''WinStar and Siemens were able to witness, validate and commercially deploy our point-to-multipoint system in WinStar's
initial major market areas. We are continuing to develop our point to multipoint products pursuant to our joint development
agreement with Siemens to further enhance the system capabilities and features,'' said George Roberts, chairman and CEO
of P-Com, Inc.
In June 1998, Siemens and P-Com became joint development partners for wireless broadband access and Local
Multipoint Distribution Service (LMDS) solutions. The PMP solution is an access system that enables wireless broadband
operators to offer voice, data, fast Internet access and video services. The agreement brought together Siemens, one of the
world's leading telecom suppliers, with P-Com, a leading innovator in radio technology systems.
Siemens Information and Communication Networks Inc. is a leading provider of information and telecommunications
solutions to public network service providers and enterprise customers in North America. The company is a subsidiary of
Siemens AG, a global business with $66 billion in sales in the fiscal year ended September 1998.
WinStar is a pioneer in providing business customers with broadband communications services, including local and long
distance phone service, as well as high-speed data, Internet access and information services.
Siemens has been working with WinStar as a systems integrator for the 38 GHz wireless broadband multipoint network
since the two companies announced their initial agreement in October 1997. P-Com has been supplying point-to-point 38
GHz radio systems to WinStar since 1994.
P-Com, Inc. develops manufactures and markets network access systems for the worldwide wireless telecommunications
market. The point-to-point, spread spectrum, and point-to-multipoint radio links provided by P-Com are designed to
satisfy the network requirements of cellular and personal communications services, corporate communications, public
utilities and local governments.
In addition, P-Com provides comprehensive network services including system and program planning and management,
path design and installation.
Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause
the Company's actual results in future periods to be materially different from any future performance that may be suggested
in this release. Such factors may include, but are not limited to, reliance upon subcontractors, fluctuations in customer
demand and commitments, both in timing and volume, introduction of new products, commercial acceptance and viability of
new products and expenses associated therewith, cancellations of orders without penalties, pricing and competition, the
Company's ability to have available an appropriate amount of production capacity in a timely manner, the ability of the
Company's customers to finance their purchases of the Company's products and/or services, the timing of new technology
and product introductions, the risk of early obsolescence and the pending stockholder class action lawsuits. Further, the
Company operates in an industry sector where securities values are highly volatile and may be influenced by economic and
other factors beyond the Company's control, such as announcements by competitors and service providers. Reference is
made to the discussion of risk factors detailed in the Company's filings with the Securities and Exchange Commission,
including its reports on Form 10-K and 10-Q.
P-Com, Inc., with world headquarters in Campbell, Calif., USA and offices in Florida, New Jersey, Virginia, the UK, Italy,
France, Germany, Poland, Mexico, and China, is an ISO 9001 certified company.
For additional information, contact P-Com at: P-Com, Inc., 3175 S. Winchester Boulevard, Campbell, CA 95008, USA;
Tel: 408/866-3666, Fax: 408/866-3655, www.p-com.com |
