newsalert.com Systems Receives Order for 50 Optical Wireless Links from Red5 in Mexico
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- First order from Red5 for 50 WaveBridge 500 Series links
- WaveBridge products pass certification in Mexico
OTTAWA, Canada, June 19 /PRNewswire/ - (OTC BB: LANPF, TSE: LAN) - Plaintree Systems Inc. (Plaintree), a developer and manufacturer of optical wireless products, today announced it has received a purchase order for 50 units of WaveBridge 500 Series optical wireless links from Red5, a Latin American telecommunications equipment supplier. Five links will be delivered immediately with the remaining links, to be delivered by December 31, 2001. Plaintree signed a VAR agreement with Red5 on May 15, 2001 of this year. Red5 has also informed Plaintree that the WaveBridge product has passed safety certification in Mexico.
"We knew there would be an excellent market for Plaintree's links when we saw how well they worked in field evaluations," said Sergio Murillo, President of Red5 Inc., "and now that we have certification, we can actively pursue the Telco carriers and ISPs (Internet Service Providers)."
Plaintree's WaveBridge optical wireless links using Class 1, eye-safe LED (Light Emitting Diodes) technology can be installed in a matter of hours. Unlike microwave and RF (radio frequency) systems they do not require licensing nor do they experience the problems of RF frequency interference or overlap. One example is that cellular companies (telcos) can use the WaveBridge links to connect their Base Station to a series of cellular phone towers (micro-cells) thus expanding their network while avoiding interference problems and the expense of laying cable or fiber.
"As Plaintree's America sales team travels Mexico and South America, we are learning that the potential for our product far exceeds our original expectations," said David Watson, President and Chief Executive Officer of Plaintree, "because the RF spectrum in all urban areas is, or is close to, saturation. Optical Wireless is their only alternative".
About Red5 Inc.
---------------
Red5 Inc., which has its corporate headquarters in San Diego, California,
is focused on serving the Mexican and other burgeoning Latin American
telecommunications markets. The President of Red5, Sergio Murillo, is a key
player in the Cellular communications and Satellite Television industry in
Mexico as well as a published author of numerous books and articles. "Red" is
the Spanish word for network and every Latin American countries' telephone
code begins with "5". Red5's Mexican operations are based in Mexico City under
the name, Red52. The Vice President of Operations at Red52 is Ing. Gustavo
Loman, who is considered a pioneer in the Mexican Satellite Television
industry. The Red5 websites are www.red5.usa.com (english site) or
www.red52.net.mx (spanish).
About Plaintree Systems
-----------------------
Ottawa-based, Plaintree Systems Inc. (www.plaintree.com), founded in
1988, develops and manufactures the WaveBridge series of optical wireless
links using Class 1, eye-safe LED (Light Emitting Diodes) technology providing
high-speed network connections for ISPs, GSM or cellular operators, and campus
networks. Working on line-of-sight, the WAVEBRIDGE links offer broadband
access with no frequency interference problems, no expensive cable
installation, and same day installation for rapid network deployment.
Plaintree is publicly traded in Canada on The Toronto Stock Exchange
(Symbol: LAN) and in the U.S. on the OTC BB (LANPF), with 86,059,869 shares
outstanding.
This press release may include statements that are forward-looking and
based on current expectations. The actual results of the company may differ
materially from current expectations. The business of the company is subject
to many risks and uncertainties, including changes in markets for the
company's products, delays in product development and introduction to
manufacturing and intense competition. For a more detailed discussion of the
risks and uncertainties related to the company's business, please refer to
documents filed by the company with the U.S. Securities and Exchange
Commission and Canadian regulatory authorities, including the company's
prospectus dated July 10, 2000.
SOURCE Plaintree Systems Inc. |
