News:
FASTVIEWS CHOOSES WAVERIDER'S LMS2000 TO LAUNCH NEW WIRELESS INTERNET SERVICE IN ONTARIO BUSINESS EDITORS TORONTO--(BUSINESS WIRE)--SEPT. 27, 2000--WAVERIDER COMMUNICATIONS INC.
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TORONTO--(BUSINESS WIRE)--Sept. 27, 2000--WaveRider Communications
Inc. (NASDAQ:WAVC.O)(Frankfurt:WVR.FSE), a leading global provider of
fixed wireless Internet access products, today announced FastViews
Wireless Webservice Inc. has chosen WaveRider's LMS2000 system for its
newly launched wireless Internet service.
FastViews will install two LMS2000 systems to provide high-speed
Internet services to customers in Cobourg and the City of Vaughan in
Ontario.
"Our agreement with WaveRider is exciting for FastViews and for
our customers," said Guy Toksoy, President and Chief Executive
Officer, FastViews Wireless Webservice Inc. "We conducted a
comprehensive review of available technologies to find the best
products to meet our customers' existing and anticipated requirements.
WaveRider's LMS2000 technology, combined with its commitment to
service and product support, will ensure the most reliable wireless
connections available."
The LMS2000 is part of WaveRider's Last Mile Solution(R) (LMS)
family of products. The LMS is the world's first fully networked,
license exempt wireless system, 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. The installation of
the LMS2000 for FastViews will be supported by WaveRider's engineering
partners Comsearch and Scientech, as part of its international
engineering services alliance.
"WaveRider's LMS2000 system allows us to provide our customers
high-speed connections within a very short timeframe," added Michael
Saunders, FastViews' Executive Vice President and Chief Operating
Officer. "It also offers advanced network management features that
enable us to ensure consistent, reliable service and tailored services
at a lower cost than traditional wireline connections."
"FastViews is one of Canada's newest and most innovative providers
of wireless Internet service," said Charles Brown, Vice President of
Marketing, WaveRider Communications Inc. "The LMS2000 was designed to
provide companies like FastViews the flexible and scalable wireless
products they need to attract and serve new customers and build market
share in this fast-growing industry."
About FastViews Wireless Webservice Inc.
FastViews Wireless Webservice Inc. (www.fastviews.com) is a
high-speed Internet access provider based in Vaughan, Ontario.
FastViews markets and deploys broadband fixed-wireless Internet access
solutions primarily to businesses in select, underserved domestic and
international markets. FastViews, with strategic partner
TheBoomer.com, works with the local business and educational
communities enabling them to cost-effectively access the Internet at
broadband speeds. In an increasingly "wired" world where businesses
and education are moving onto the Internet, FastViews delivers
quick-to-deploy broadband wireless Internet connections to these
communities.
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.
This release contains forward-looking statements that involve
risks and uncertainties, including the risks associated with the
effect of changing economic conditions, trends in the development of
the Internet as a commercial medium, market acceptance risks,
technological development risks, seasonality and other risk factors
detailed in the Company's filings with the Securities and Exchange
Commission.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy) |
