ztect,
Iam sorry.The url is www.wgate.com. Different company. In my haste to repond to your post and do 10 other things I went to the wrong site.
Below is the correct description. Press relases are not out yet, but worldgate should have one this afternoon and pwac tomorrow morining (according to each company's IR).
This is neat stuff. High seed internet access over CATV for a real, real low price.
Corporate Information
WorldGateSM Communications, Inc, was founded in 1995 by former General Instrument employees. It is a
privately held company headquartered in Bensalem, Pennsylvania.
WorldGateSM Communications, Inc. provides a cable service that enables low cost Internet access for consumers
through the cable system, without the need for a PC, modem, or any additional in-home equipment. The company
has announced both domestic and international Internet service test agreements with companies representing over
35 million basic cable households.
At a suggested retail monthly fee of $4.95, the revolutionary WorldGateSM service (patents applied for) is the
cable industry's first interactive Internet service which uses an advanced analog or digital cable converter, the
existing TV set and a remote control. No PC or other set-top box is required, nor is there any use of the cable
company's video spectrum. Using the vertical blanking interval, a normally unused portion of the video
spectrum, the existing cable infrastructure will allow WorldGateSM to offer data rate speeds of 128,000 bits per
second, over 4 times faster than a standard telephone modem. Additionally, WorldGateSM has pioneered Channel
HyperLinkingSM (patents applied for), the ability of subscribers with a single keystroke, to connect directly to a
Web site associated with a TV show or commercial announcement. Logging on to the service, for E-mail, Web
browsing or Channel HyperLinkingSM, requires less than five seconds. |
