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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 175.02+2.6%3:58 PM EST

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To: Ramsey Su who started this subject2/12/2001 8:57:37 AM
From: Kent Rattey   of 196813
 
Monday February 12, 7:29 am Eastern Time
Press Release
Flarion Conducts Successful Field Trial of its flash-OFDM Technology
-- Vehicular Mobility and Broadband Data Speeds Demonstrated in flash-OFDM System --
BEDMINSTER, N.J.--(BUSINESS WIRE)--Feb. 12, 2001--Flarion Technologies, a new company that has developed a breakthrough wireless technology for the mobile Internet market, today announced that it has successfully conducted its first field trial demonstrating the capabilities of its flash-OFDM(TM) system. The tests were conducted in the 700 MHz radio frequency band, for which Flarion has an experimental license from the Federal Communications Commission (FCC). During the trial, Flarion demonstrated reliable wireless connectivity for broadband Internet content, such at interactive multi-media applications, at highway speeds.

``The conclusion from this trial is that our flash-OFDM(TM) system will deliver, as promised, a high-speed, reliable wireless link that transparently extends the full capabilities of the Internet to mobile users'', said Rajiv Laroia, founder and Chief Technology Officer of Flarion. ``Through the trial, we have now demonstrated that our flash-OFDM(TM) technology can deliver this capability without any changes to existing Internet content, IP infrastructure or devices.''

Flash-OFDM's initial development began at Bell Labs three years ago. It was designed from the ground-up for mobile broadband access to the Internet and takes advantage of existing Internet Protocol (IP) and packet-switched technology. Laroia continued, ``The demonstration of our trial system in a real-world environment at vehicular speeds is a key milestone on our road to success.''

``The interest in Flarion we have garnered from the market has exceeded even our own expectations'', said Ray Dolan, president and CEO. ``We are in active discussions with many operators, service providers and OEMs that are capable of quickly deploying the system on a national and global scale. This trial was a critical step in demonstrating Flarion's commercial execution capability to customers and partners. We look forward to the launch of a wide-scale market trial in a major U.S. city later this year.''

About Flarion

Flarion has created flash-OFDM(TM) technology, the first end-to-end wireless access solution that will make mobile broadband access to the Internet truly affordable to the mass market - anytime, anywhere. Flarion's flash-OFDM(TM) system enables service providers to offer enterprises and consumers the speed of DSL and the mobility of cellular at the price of dial-up. Flarion was formed out of Lucent Technologies' New Ventures Group and received first round funding in February 2000 from Bessemer Venture Partners, Charles River Ventures and Pequot Capital. The company now has over 80 employees, including some of the world's top communication and data networking experts.

More information about Flarion can be accessed at www.flarion.com.

Note to editors: Trademarks and registered trademarks referenced herein remain the property of their respective owners.

--------------------------------------------------------------------------------
Contact:

Flarion Technologies
Bill Casey, (908) 947-7012
casey@flarion.com
or
The Devon Group
Jeanne Achille, (732) 212-1101, ext. 11
jeanne@devonpr.com
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