OMG THIS IS HUGE!!!!!!!!!!!!!!!!1
NEWS RELEASE
CGW Announces SkyWay Global Venture
VANCOUVER, British Columbia, February 9, 2001 - Vancouver, B.C., Canada. The Board of Directors of Consolidated Gold Win Ventures, Inc., (CDNX “CGW”) is pleased to announce that the company has made an agreement with SkyWay Global, Inc. of Orem, Utah to market their exclusive wireless network applications use of the newest breakthrough for “Generation 3” telecom network capacity expansion called High Intensity Transfer Technology Software (HITTS). CGW has advanced funds to SkyWay in consideration for the company to utilize the technology and market it as it is made available by SkyWay. According to the terms of the agreement, we are to negotiate the marketing strategy on deal per deal basis as we enter each international market in the future.
Breakthrough Technology
The HITTS technology that was demonstrated earlier to GoldWeb executives at our World Trade Center office
exponentially increases limited bandwidth resources in terrestrial data transmission networks like GoldWeb creates. HITTS utilizes new proprietary algorithms to exponentially increase the throughput of a terrestrial digital connection in a lossless state virtually in real time.
HITTS Applications
Many of the following applications have been under development for HITTS:
1) Custom integrated infrastructure software and services to greatly enhance the capacity of GoldWeb networks to mobilize Internet, telecom, and media rich content and business applications, that allows
2) Enhanced Point to Point and Point to Multipoint real time data transfer through standard 56k Modems from one computer to another at speeds 20 to 25 times greater than the actual connect speeds of the modems. It increases Internet speed up to 24.7 gigabits. The GoldWeb-SkyWay venture’s integrated technologies will provide a 4 million bits download and 4 million bits upload speed. It provides real time transfer of data on all major computer and mobile device operating systems across all terrestrial telecom and computer networks. The video frame rate runs at 25 to 38 frames per second full screen (at least 800 x 600 pixel resolution with 16 bit color) over a 56k modem connection with 16 bit audio quality. The speed is comparable to releasing your finger off the mouse, and the data including graphics come onto the screen instantaneously;
3) A GoldWeb-SkyWay HITTS enabled server/switch interface for telephony that runs on enterprise level systems to service extremely busy Network Operating Centers like TriStar’s in Utah;
4) Storage of data on all magnetic media in a re-described lossless form requiring much less storage space without the use of compression. HITTS can also re-describe compressed data. Now large files can be stored in compact form, recalled, and decoded later on the fly locally by a client;
5) Newly manufactured cards for our GoldWeb custom integrated wireless networks that gives us seamless automatic network frequency switching capability;
6) Utilization of lower frequency telecom bands that are usually license free with the FCC. HITTS increases the speed between 25-75 to 1 that empowers these lower frequency bands to have the capacity of higher frequency bands.
These applications have been demonstrated through video conferences taking place over the Internet between computers located in Tampa, Florida, Orem, Utah, Detroit, Michigan, and Vancouver, British Columbia.
Future announcements will review market applications and market trends as GoldWeb introduces the integration of HITTS technology with GoldWeb’s custom integrated wireless networks, and Digital Video Broadcast distributive file server technology into various global markets. The marketing alliances should provide GoldWeb with a major source of revenue from empowering the exploding new Mobile-commerce market globewide.
CONTACT
Souhail “Abby” Farrage,
President
Gold Win Ventures, Inc.
1-604-684-6599
E-mail: a_farrage@goldwebtechnologies.com
www.goldwebtechnologies.com
On Behalf of CONSOLIDATED GOLD WIN VENTURES, INC.
Per
Souhail “Abby” Farrage
President
THE CANADIAN VENTURES EXCHANGE HAS NOT REVIEWED THIS PRESS RELEASE AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OF THE CONTENTS OF THIS PRESS RELEASE. |
