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Technology Stocks : Hybrid Networks Inc (HYBR)

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To: Archie Meeties who wrote (1091)9/13/2000 10:42:16 AM
From: figanin  Read Replies (1) of 1110
 
HYBR - Sprint orders 16,000 routers news:

biz.yahoo.com


Wednesday September 13, 8:54 am Eastern Time
Press Release
SOURCE: Hybrid Networks Inc.
Sprint Orders 16,000 Wireless Broadband Routers(TM) From Hybrid Networks
Hybrid's Products to Support Sprint's Nationwide Roll Out of Two-Way Fixed Broadband Wireless
SAN JOSE, Calif., Sept. 13 /PRNewswire/ -- Hybrid Networks Inc. (Nasdaq: HYBR - news), the worldwide leader in MMDS fixed broadband wireless Internet-access systems, today announced that Sprint Corp. (Nasdaq: FON - news) has ordered 16,000 Wireless Broadband Routers(TM) from Hybrid for use in Sprint's nationwide roll out of fixed-wireless Internet service to business and residential customers.

The routers, which Sprint is using as part of a complete system developed by Hybrid, enable computers at businesses and residences to convert data to signals that are transmitted over radio frequencies, giving users two-way wireless high-speed Internet access. Hybrid will begin shipping the Wireless Broadband Routers next week and will complete shipments by the end of 2000.

``We've enabled Sprint to respond to the public's demand for high-speed Internet access with cost-effective, rapid deployments,'' said Michael D. Greenbaum, president and CEO of Hybrid Networks. ``We're pleased to be an integral part of Sprint's fixed broadband wireless deployments and will continue to develop products to meet their customers' needs in the future. ''

About Hybrid Networks

Headquartered in San Jose, Calif., Hybrid Networks Inc. designs, develops, manufactures and markets fixed broadband wireless systems that enable telecommunications companies, wireless systems operators and network providers to offer high-speed Internet access to businesses and residences. Hybrid was first to market with patented two-way wireless products that focus on the MMDS spectrum and WCS spectrum in the United States and similar spectrum abroad. The company's customers include Sprint, WorldCom, Look Communications and Andrew Corp. With systems in place in 51 markets worldwide, Hybrid is part of more fixed broadband wireless deployments than all of its competitors combined.

For more information, call (408) 323-6215, or visit www.hybrid.com .
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