Unique Broadband Systems Ships Terrestrial Repeater Prototypes To Hughes Network Systems
Advanced interference-free PROPRIETARY COFDM-based technology targets emerging digital radio market
Concord, ON -- June 27, 2000 - Unique Broadband Systems, Inc. (CDNX: UBS), recognized worldwide as a leader in the design, development and manufacture of broadband wireless solutions, announced today that it has successfully shipped and installed eight prototypes of its terrestrial repeater network equipment for Hughes Network Systems' Subscriber Products Division ("HNS"). The terrestrial repeaters, which comprise UBS' proprietary COFDM technology, are geared for use in the emerging digital radio market.
The two companies signed a contract in February for the design, development and manufacture of terrestrial repeater equipment. Under the terms of the contract, UBS will supply sub-assemblies to HNS, which then uses them, in combination with HNS manufactured sub-assemblies, to manufacture terrestrial repeaters. The completed systems will be shipped to HNS' customer in the digital radio market.
UBS terrestrial repeaters use COFDM technology, a superior modulation technique for the delivery of high-speed broadband services, such as audio, video and data. The modulation technique allows a moving vehicle to receive quality service, such as digital radio, at speeds in excess of 100 km/hour.
"Our partnership with HNS affords UBS the opportunity to work with an industry leader," said Alex Dolgonos, president and CEO of UBS. "Digital radio is an exciting emerging market segment, and we are committed to establishing a leadership role."
James Gandolfi, Vice-President of HNS, said: "UBS has clearly demonstrated that it has the technical expertise and the technology needed in the digital radio market. Together we are introducing the technology to the market and are confident of its success going forward."
About Unique Broadband Systems, Inc.
Unique Broadband Systems, Inc. (UBS) is recognized worldwide as a leader in the design, development and manufacture of broadband wireless solutions. UBS focuses on COFDM based high-speed mobile solutions (DAB, SDARS and High-Speed Mobile Multimedia) and fixed wireless multimedia (MMDS, MVDS and LMDS). A commitment to research and innovation has enabled UBS to expand its position in the growing markets of digital radio, satellite digital radio and the transmission of wireless multimedia. The company's extensive product line is combined with system design, installation, maintenance and technical support to provide customers with total system solutions. UBS has offices in the United States, Canada and Russia. For more information on UBS, its products or investor relations, visit www.uniquesys.com <http://www.uniquesys.com>.
About Hughes Network Systems
Hughes Network Systems, headquartered in Germantown, Maryland, near Washington, D.C., is a unit of Hughes Electronics Corporation and a leading supplier of broadband satellite and wireless products, services and networks. HNS is a world leader in the manufacture of very small aperture terminal (VSAT) satellite networks with more than 300,000 VSATs installed worldwide and is one of the largest manufacturers of DIRECTV© direct-to-home satellite television systems. HNS provides DirecWay(tm) broadband, IP-based services to the enterprise and DirecPC© high-speed satellite Internet services to the consumer. The earnings of Hughes Electronics, a unit of General Motors Corporation, are used to calculate the earnings per share attributable to the General Motors Class H common stock (NYSE:GMH). For additional information, visit the HNS Web site at www.hns.com <http://www.hns.com/>.
Company contact: Stacy Carson, UBS (905) 669-8533 investorrelations@uniquesys.com <mailto:investorrelations@uniquesys.com>
Media contact: David Erskine, High Road Communications (416) 368-8348 ext.259 derskine@highroad.com <mailto:derskine@highroad.com> |