WaveRider Forms Strategic Alliance With General Dynamics
Business Wire - June 07, 2000 11:24
TORONTO--(BUSINESS WIRE)--June 7, 2000--
Agreement Enhances Service To WaveRider's Global Customer Base
WaveRider Communications Inc. (NASDAQ:WAVC) (FRANKFURT:WVR.), a leading global provider of wireless Internet access products, today announced it has formed an alliance with General Dynamics Worldwide Telecommunication Systems, a leading ISO 9001-registered international provider of telecommunications infrastructure development and support services, to provide service and support to WaveRider customers around the world. The agreement enables WaveRider to provide complete technology and service solutions for its Last Mile Solution(r) (LMS) wireless Internet access products on a global scale.
Through the alliance, General Dynamics Worldwide Telecommunication Systems (Needham, Mass., USA) will provide global engineering design and installation services of LMS products to WaveRider customers throughout the world.
"We look forward to leveraging our relationship with General Dynamics to offer a full-service solution for design and installation of our LMS products," said Bruce Kay, Vice President, Customer Support, WaveRider Communications, Inc. "This strategic service alliance is part of our strategy to partner with leading global companies to enhance service to our customers around the world."
Under the agreement, General Dynamics will provide system and program planning and management, application engineering, RF path survey, design and network engineering, as well as operations and maintenance services to WaveRider's customers. WaveRider will oversee all pre-sales engineering work and maintain direct contractual and service level agreements for all design and installation services of LMS products.
WaveRider's LMS products are the world's first fully networked, license-exempt wireless systems, bringing broadband Internet access to large, medium and small office/home office (SOHO) businesses, utilizing secure and interference-free spread-spectrum radio technology in the license-free 2.4 GHz ISM band.
"Through our worldwide base of employees, we will be able to help WaveRider ensure the successful installation and deployment of its LMS products at customers sites around the globe," said Thomas DiMatteo, director of Wireless Systems and Services for General Dynamics. "Our agreement with WaveRider also helps us achieve our vision of supporting leading-edge wireless technology providers anywhere, any time."
About General Dynamics Worldwide Telecommunication Systems
General Dynamics Worldwide Telecommunication Systems, a business unit of General Dynamics Corp. (NYSE: GD), is an industry-leading provider of integration, installation and support services for wireline and wireless voice, video and data networks worldwide. With nearly 3,400 skilled technical personnel and more than 35 years' experience, the company is uniquely qualified to solve the complex engineering, deployment, operation, provisioning, maintenance and support challenges facing competitive Communication Service Providers, technology providers and enterprise customers alike, worldwide. More information is available via the Web at www.gd-wts.com.
General Dynamics Corp., headquartered in Falls Church, Virginia, employs approximately 43,000 people worldwide and has annualized sales of approximately $10 billion. The company has leading market positions in business aviation, information systems, shipbuilding and marine systems, and land and amphibious combat systems.
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 connects wireless modems that offer high-speed connections to the Internet for business and residential customers. WaveRider is traded on the Nasdaq National Market, under the symbol WAVC.
CONTACT: WaveRider Communications Inc.
Media Inquiries: Carolyn Anderson, 416/502-2978
canderson@waverider.com
or
Investor Relations: Hugo Idler, 416/502-3265
hugoidler@waverider.com
or
888/533-1910
Visit our Web Site: www.waverider.com
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