Tuesday July 22 8:20 AM EDT
Company Press Release
Source: WavePhore Networks
WavePhore Networks Brings New Data Broadcast Network Online,
Doubles Network Capacity
SALT LAKE CITY, July 22 /PRNewswire/ -- WavePhore Networks, a division of WavePhore, Inc. (Nasdaq:WAVO)
announced today that it has brought its newest data broadcast network on line, effectively doubling the amount of
communications bandwidth available to its information company customers. The new network uses a combination of FM radio
subcarriers and satellite transmission to simultaneously transmit news and information across the United States for
WavePhore's information company customers. WavePhore currently delivers news and information for virtually all of the
world's best-known news services and financial information providers, including Reuters, First Call Corporation (a division of
Thomson Financial Services), Knight-Ridder/Tribune Business News, Federal News Service, and The Associated Press.
``Adding this additional capacity has been a priority for the past year and weare pleased that the launch of the new network
has gone so smoothly,'' said Scott E. Calder, President of WavePhore Networks. ``We are also gratified that much of this
bandwidth has already been pre-sold to our existing customers. We now expect to be able to better meet the needs of those
customers, offering improved quality and service, and to have adequate space for continuing to add additional information
providers to the network.
``As a pioneer in data broadcasting, WavePhore Networks provides turnkey solutions for information providers requiring
end-to-end data broadcast services, including hardware, installation and network monitoring. WavePhore's new data
broadcast network allows information customers who require ''push`` delivery of their data to instantaneously deliver their
information products to thousands of remote sites simultaneously, reliably,and at low cost. The network utilizes WavePhore's
proprietary FM subcarrier and satellite broadcast technologies, including interference-resistant modulation schemes, multiple
layers of forward error correction, encryption,and compression to provide data transmission services to major providers of
general and business newswires, breaking financial news, and sports information.
About WavePhore
WavePhore Inc., the industry leader in data broadcasting, is comprised of three divisions: WavePhore Networks, WavePhore
Newscast, and WaveTop. WavePhore Networks provides flexible high speed data broadcast services and equipment for
leading information providers to more than 60,000 end user sites worldwide. WavePhore Newscast delivers real-time,
customized business intelligence from over 3,000 sources to more than 100,000 corporate knowledge workers across the
U.S., Canada, and Europe, providing a strategic information advantage enterprise-wide. WaveTop will deliver multimedia
information and entertainment to data broadcast-ready home PCs. WaveTop haspartnered with PBS National Datacast to
broadcast data through its 264 PBS member stations, covering more than 99% of US television households. Additional
information on WavePhore is available via the Internet at www.wavephore.com, www.wavetop.net, and www.newscast.com.
Based in Phoenix, Arizona, WavePhore, Inc. is a publicly traded company (Nasdaq:WAVO - news).
Certain of the above statements regarding WavePhore constitute forward- looking statements which may involve risks and
uncertainties. Actual results could differ materially from such forward-looking statements as aresult of a variety of factors,
including, but not limited to, technology changes, competitive developments, industry and market acceptance of new products
and services, and risk factors listed from time to time in WavePhore's SEC filings.
SOURCE: WavePhore Networks
Contact: B.J. Warnick, Vice President of WavePhore Networks, 801-584-2800 or bwarnick@wavo.com; or Leslie Nakajima, Director of
Corporate Relations for WavePhore, Inc., 602-952-5500, ext. 224 or Inakajim@wavephore.com
More news for referenced ticker symbols: WAVO, and related industries: advertising, computer, entertainment,
telecommunications. |
