WAVC News
BusinessWire, Tuesday, March 07, 2000 at 20:09
TORONTO--(BUSINESS WIRE)--March 7, 2000-- (OTC Bulletin Board:WAVC) (FRANKFURT:WVR.FSE) Last Mile Solution(R) Is Wireless Alternative to "Wired" Internet Access - WaveRider Communications, Inc. (OTC BB:WAVC, Frankfurt WVR.FSE),a global provider of fixed wireless Internet access products,announced today that it will demonstrate the capabilities of its new LMS2000 solution at the International Wireless Communications Expo 2000 (IWCE) in the Las Vegas Convention Center, March 22-24. The first member of the Last Mile Solution(R) (LMS) product family, the LMS2000 brings high-speed Internet access and LAN connectivity to large, medium and small office/home office (SOHO) businesses. At IWCE (booth 570), WaveRider will demonstrate the LMS2000 as a turnkey fixed wireless access system. For providers of Internet services in the U.S. and elsewhere in the world where high speed "wired" telecommunications infrastructure is currently cost prohibitive or unavailable, the LMS2000 offers numerous advantages.
With such benefits as a cost effective network infrastructure coupled with integrated network management, this highly scalable and reliable system revolutionizes the wireless delivery of Internet Services. The LMS2000 operates in the license-free 2.4 GHz ISM band, utilizing secure and interference-free spread-spectrum radio technology to carry Internet based data, voice and images at speeds up to 11Mbps.
"Led by the LMS2000, the WaveRider LMS product family represents a clear alternative to wired Internet access that will ultimately mean reduced operating costs for ISPs and higher levels of service and functionality for their customers," said Charles Brown, WaveRider's Vice President of Marketing. "Around the world, fixed wireless Internet access solutions like WaveRider's LMS series are a welcome shortcut to closing the 'Digital Divide' and bringing the benefits of the Internet, and e-commerce to millions."
Developed by WaveRider at its research facility in Calgary, the LMS product family provides "last mile" connectivity between the Internet, local area networks (LANs), and individual personal computers. The IWCE launch of the LMS2000 will be followed later this year by the introduction of the LMS3000 (a 900 MHz Wireless Internet Networking (WIN) system) and the LMS4000 (a combined 900 MHz and 2.4 GHz WIN system).
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 frequency hopping and direct sequence spread spectrum technology coupled with time division multiple access techniques and operate in the license-free 900 MHz and 2.4 GHz ISM frequency bands. NCL 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 are wireless modems that offer high-speed connections to the Internet for business and residential customers. WaveRider is a fully-reporting issuer traded on the NASD-OTC BB, under the symbol WAVC.
CONTACT: WaveRider Communications Inc. For Media Inquiries, contact: Tamara Potichny, 416/502.0755 tpotichny@waverider.com or For Investor Relations, contact: Hugo Idler, hugoidler@waverider.com 1.888.533.1910 URL: www.waverider.com
KEYWORD: INTERNATIONAL CANADA INDUSTRY KEYWORD: TELECOMMUNICATIONS SOFTWARE HARDWARE
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Companies or Securities discussed in this article: Symbol Name NASDAQ:WAVC |