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WAVEPHORE EXCEEDS 1,000 UNITS SHIPPED IN NEW IDR PRODUCT LINE
Variable bit rate satellite receiver provides information gateway to corporate intranet
August 27, 1997, Salt Lake City/PRNewswire/ -- WavePhore Networks, a division of WavePhore, Inc. (NASDAQ: WAVO) announced today it has shipped more than 1,000 units of its new, proprietary variable bit rate satellite receiver, the IDR V1000, since its introduction on July 1. This revolutionary new SCPC/MCPC receiver allows the receipt of information at up to 2 megabits per second with a wide variety of multiplexing options, protocol support, and output configurations, and is the only product of its kind available today. Shipments to date represent contract revenue to WavePhore in excess of $1 million , with the total value of shipped receivers plus firm backlog exceeding $5 million.
The IDR V1000 will give companies the ability to deliver real-time news and information to corporate intranets without relying on the Internet as the distribution vehicle. By pushing the digital data over satellites, information providers can disseminate their information to numerous end users at rates up to two megabits per second, more than 30 percent faster than a 1.5 megabit T1 connection.
"The WavePhore IDR V1000 represents a continuation of the company's tradition of providing intelligent data receivers--hence the name 'IDR,'" said Scott E. Calder, president of WavePhore Networks. "It is the first truly low-cost, variable bit rate, commercial data broadcast receiver and was engineered to meet the particular needs of information companies which send high-value information to multiple sites simultaneously. With its high bandwidth potential, Ethernet support, and compatibility with TCP/IP protocols, we see it becoming the standard gateway for information-enabling the corporate intranet."
WavePhore has taken steps to substantially reduce the cost and increase the receiver's features by designing a highly integrated, proprietary digital demodulator that is contained in a single chip, instead of using numerous components to perform the same function. In addition, the V1000 can perform both statistical and time-division demultiplexing instead of just one or the other. The V1000 utilizes digital filtering and state-of-the-art data delivery to provide output rates at numerous intervals between 300 bps and 2,048 kbps depending on the output port options selected. With Ethernet, the receivers can now be connected directly to the corporate LAN instead of being attached to a single workstation, eliminating yet another cost for the end user.
"We are very pleased with the new WavePhore receiver," said Daniel Connell, president of Standard and Poor's ComStock, and an early user of the IDR V1000. "Not only is this product proving to perform all of the functional requirements that we have for it, but it is also a long-term solution to our growing network needs. As we increase the amount of information we provide our end users, we will be able to continue to use the receiver because of its unique ability to expand to meet our needs for more bandwidth." |