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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.

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To: Hiram Walker who wrote (1980)5/18/1998 8:22:00 PM
From: Night Writer  Read Replies (1) of 2063
 
Hiram,
Isn't this one of your picks?
NW
Subj: New Media Communication Announces High-Speed VSAT...
Date: 98-05-18 09:01:41 EDT

New Media Communication Announces High-Speed VSAT Satellite Communication System

LONDON--(BUSINESS WIRE)--May 18, 1998--

CyberStream-VSAT Enables Cost-Effective Two-Way Interactive

Communication to Virtually Anywhere

Today at the Cable & Satellite '98 conference, New Media Communication, a subsidiary of Harmonic Lightwaves, Inc. (NASDAQ:HLIT), introduced CyberStream-VSAT(TM). A two-way satellite communication system, CyberStream-VSAT enables corporations and service providers to offer fast Internet access, Virtual Private Networking (VPN), videoconferencing, large volume data transfer, multicasting, data broadcasting and push services.

CyberStream-VSAT delivers up to 48 Mbit/s downstream and 384 Kbit/s upstream on a fixed or per-demand assigned basis. Most current generation VSAT systems support downstream transmission rates of 128 Kbit/s to 6 Mbit/s and upstream speeds of 56-128 Kbit/s.

"CyberStream-VSAT is a breakthrough in providing corporations with an affordable, high-speed alternative to conventional VSAT or terrestrial WAN systems," said Danny Elbaz, New Media's vice president of marketing. "It enables multiple locations to communicate seamlessly with video, file transfer and multicast capabilities along with high-speed Internet and intranet interactivity. Use of DVB transport and IP application standards makes CyberStream-VSAT an attractive solution for a wide variety of corporate customers."

A complete CyberStream-VSAT terminal is equipped with a transmitter and receiver card and a single RF outdoor unit located with the antenna. A typical corporate network configuration includes a central satellite hub -- with the CyberStream Data Gateway -- linked to the Internet backbone and/or corporate intranet content servers. The CyberStream-VSAT terminal may be linked to an office LAN to provide all employees connected to the LAN with fast Internet access and other high-speed data and video services. The system fully complies with the internationally recognized DVB-S and MPEG-2 standards for the high-speed transmission of IP data and video.

As a two-way system, CyberStream-VSAT eliminates the need for a terrestrial link to the Internet, which is particularly important in areas that lack a sufficient telecommunications infrastructure or in areas in which the infrastructure is prohibitively expensive. CyberStream-VSAT utilizes Shiron Satellite Communications' satellite return-path technology and hub demodulator, model SR256L.

CyberStream-VSAT is the latest addition to New Media's CyberStream(TM) family of end-to-end, data-over-broadband systems for the transmission and reception of IP-based multimedia content and data via cable, satellite and wireless (LMDS and MMDS) networks. CyberStream supports Internet access and data transmission speeds of up to 52 Mbit/s via cable or 48 Mbit/s via satellite and wireless. The CyberStream line is complemented by Enterprise1(TM), the first router to include the functionality of a broadband receiver, and by ProCast(TM), New Media's data broadcasting software package for high-speed data distribution (IP multicasting/push) over broadband networks.

Availability

CyberStream-VSAT is currently available for initial deployments. Commercial availability is scheduled for the third quarter of 1998.

About New Media Communication

New Media Communication, Ltd. is a leading provider of high-speed Internet and data broadcasting systems for satellite, cable and wireless cable (LMDS and MMDS) networks. New Media is a wholly-owned subsidiary of Harmonic Lightwaves. The company's CyberStream systems were developed in alliance with IBM and Rockwell Semiconductor Systems, and have been commercially deployed worldwide since 1995. Based in Tel-Aviv, Israel, New Media maintains offices in the United States and has a worldwide distribution network. For more information, please call 619/675-7797 (in the U.S.) or 972-3-623-6222 (internationally) or check New Media's website at www.nmcfast.com.

About Harmonic Lightwaves

Harmonic Lightwaves, Inc. designs, manufactures and markets digital- and lightwave-based communications systems that deliver video, audio and data over hybrid fiber/coax (HFC), satellite and wireless networks. Harmonic's advanced solutions enable cable television and other network operators to provide a range of broadcast and interactive broadband services that include high-speed Internet access and video-on-demand.

Headquartered in Sunnyvale, Calif., Harmonic operates its New Media Communication subsidiary and an R&D facility in Israel, along with a sales and support center in the United Kingdom. Harmonic is ISO 9001-certified and employs more than 275 people. The company's stock is traded on the Nasdaq stock market under the symbol "HLIT."

This press release contains forward-looking statements, including, but not limited to the features and availability dates of CyberStream-VSAT, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in the forward-looking statements as a result of the risk factors set forth in documents that Harmonic Lightwaves files with the SEC, specifically reports on Form 10-K and 10-Q. -0- Note to Editors: Product and company names used here are trademarks or registered trademarks of their respective companies.

CONTACT:

Harmonic Lightwaves (US Press Contact)

John Giddings, 408/542-2692

john.giddings@harmonic-lightwaves.com

or

Communications for Genial Products (European Contact)

Charlotte Gutman, +32-2-375-21-00

cgp@cgp.be
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