Chisy,
Is this what you've been waiting for? Was browsing the news this morning and came across this piece. Did a search at SI and low and behold here you are. Sounds promising.
BW1050 JUN 01,1999 4:30 PACIFIC 07:30 EASTERN
( BW)(WAVERIDER-COMMUNICATIONS)(WAVC) WaveRider Strategic
Partner Receives Approval from China for Wireless Internet Solution
Business Editors
TORONTO--(BUSINESS WIRE)--June 1, 1999--WaveRider Communications (OTC
Bulletin Board:WAVC) - Official notice declares NCL135 as the approved model for
wireless Internet connectivity in China -
WaveRider Communications Inc. (OTC BB: WAVC), a leading global provider of
wireless Internet products, announced that its strategic partner, Golden Fortune
Investments Limited (ASE:GFX) of Vancouver, British Columbia, Canada and their
joint-venture partner in China, Nanjing Orient Railway Communication Equipment Co.
Ltd. (NORCEL) has received official approval from the Chinese Central Government's
China Science Committee (CSC) to introduce Golden Fortune's wireless Internet
solution into the existing China Data Communications Network.
Golden Fortune will use WaveRider's NCL135 wireless IP routers for several
wireless Internet applications. The approval positions Golden Fortune and NORCEL
to become the leading wireless Internet Service Provider (ISP) in the People's
Republic of China.
"The approval is a significant milestone as it puts Golden Fortune and NORCEL one
step closer to the development of a national wireless Internet hub network in China,"
says WaveRider's director of International Sales Mike Orloff. "The agreement calls for
Golden Fortune to provide a minimum of 7,500 wireless routers (based on
WaveRider's NCL135 specifications) to NORCEL over three years."
Golden Fortune Investments Limited is a diversified company with interests in a
variety of technologies. The company's primary objective is to capitalize on
opportunities within the growing China Internet market through its long-term
business relationships within China.
NORCEL is a Sino-Canadian Joint Venture company fully registered in China with
nationally approved licenses to develop, manufacture and market wireless
communications equipment and other related products. The company has also
received licenses and specific frequencies for wireless data communications as it
relates to establishing a wireless Internet hub for China. NORCEL is a subsidiary of
Nanjing Orient Electric. Founded in 1946, with its head office in Nanjing it specializes
in the manufacture and operation of wireless communications systems.
For more information on Golden Fortune: Web site: www.gfil.com E-mail: ool@gfil.com
About WaveRider Communications Inc.
Founded in 1997, WaveRider is a leading wireless technology company that
develops, manufactures and markets products for data communications and
Wireless Internet Networking (WIN). WaveRider's high performance products use
frequency hopping, spread spectrum technology coupled with time division multiple
access techniques and operate in the license-free 900MHz and 2.4GHz ISM
frequency bands.
Note to Editors: Visit our Web Site: www.waverider.com or email us at
info@waverider.com
--30--as/sf*
CONTACT: WaveRider Communications Inc.
For Investor Relations call: 888/533-1910
or
Media contacts:
Michelle Fowler, 416/502-3204
mfowler@waverider.com
KEYWORD: INTERNATIONAL CANADA
INDUSTRY KEYWORD: TELECOMMUNICATIONS COMED
INTERACTIVE/MULTIMEDIA/INTERNET
businesswire.com
steve |
