Monday March 13, 9:11 pm Eastern Time
TeraBeam unveils plans for high speed network service
SCOTTSDALE, Ariz., March 13 (Reuters) - TeraBeam Networks, a start-up company that recently lured away a prominent AT&T Corp. (NYSE:T - news) executive, announced on Monday its plans for a high-speed network service for corporations that uses lightwaves and does not need to be regulated.
The Seattle-based company unveiled its high-speed service at PC Forum, a technology industry conference. Its service delivers data through the air and into windows, with a transmitter and a receiver about the size of a small satellite dish. The device, which can be mounted in an office window, sends and receives data on fiberless lightwaves at speeds of up to a gigabit (one billion bits) per second and beyond, or about 600 times faster than a T1 connection.
TeraBeam's service does not operate in the U.S. regulated radio frequency spectrum. Its transceivers operate in a free- space optical environment that is not currently regulated by the U.S. Federal Communications Commission, so the company does not need to try and buy spectrum. Because the service works through glass, there is no need for roof access to install the system.
The company said it is seeking to get rid of the bottleneck at the last mile of network delivery, making the Internet faster for business users. Last week, the company announced that it hired Dan Hesse, a 23-year veteran of AT&T, as its president and chief executive.
TeraBeam said that it will launch its service in the third quarter. Its investors include Softbank and OakHill Ventures. Founded in 1997, it has had a prototype of its network service in trial for the last 18 months in Seattle.
Another company that disclosed its plans at PC Forum was FireDrop, a privately-held company based in Redwood City, Calif., which is developing a way to combine e-mail, the Internet and instant messaging in one. The company, founded last August, received funding from Kleiner Perkins Caufield & Byers, a well-known Silicon Valley venture capital firm.
FireDrop executives demonstrated their technology, called Zaplet, which acts like an e-mail until it is opened, and then it has a graphical look much like the Web. Zaplets can be used for sending group e-mails, for scheduling, discussions, polls, invitations, and many other tasks. As each individual answers the Zaplet, a graphical chart will be updated with all the replies. For example, a party invitation replay would open up to show a pie chart that indicated 60 percent is attending and 40 percent is not attending.
``It's like the Web,' said David Roberts, co-founder and president. ``Anytime you open it up, it's the most updated...It turns your e-mail into smart e-mail .'
The company plans to target both consumers and businesses. Because there are so many ways to use Zaplets, Roberts said it has a development environment, so that companies can build their own applications. Its technology is now in preview at zaplet.com.
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