To: DOUG H who wrote (51011 ) 11/19/1999 2:27:00 AM From: FESHBACH_DISCIPLE Respond to of 152472
This company will revolutionize wireless.usatoday.com Siemens Makes Strategic Investment in Time Domain, Provides $5 Million to Further Breakthrough Wireless Technology Accelerates Time Domain?s Commercialization Plan Time Domain Press Release - 11/12/99 - (PDF) HUNTSVILLE, AL, Nov. 12, 1999 ? Time Domain Corp., a worldwide leader in the development of Ultra Wideband (UWB) technology, today announced the closing of a $5 million equity investment from Siemens Mustang Ventures. Time Domain has developed the patented PulsON? chipset, which enables orders of magnitude improvements in three technologies: wireless communications, radar, and positioning. Time Domain?s business model is to integrate PulsON chipsets into entirely new types of devices developed by its strategic commercial and government partners. Siemens Information and Communication Networks, a global leader in communications and information technology, made the investment through its venture capital group, Siemens Mustang Ventures, in Santa Clara, CA, which targets innovative technologies with world-class potential. "We believe that PulsON technology is a rare and fundamental technology that has the potential to not only redefine the wireless industry, but even create new industries," said Bjoern Christensen, President of Siemens Mustang Ventures. "We believe that PulsON technology could significantly complement many of Siemens core businesses? products in much the same way as the microprocessor and transistor do today." "Siemens? investment will accelerate PulsON technology development in the worldwide marketplace where Siemens is already a recognized leader," said Ralph Petroff, President and CEO, Time Domain. "Siemens? strategic investment demonstrates that global market leaders are now embracing the next great leap of the Information Age." The effect of Time Domain?s PulsON technology has been likened to the "leap from vacuum tubes to the transistor, or from oil lamps to light bulbs." The PulsON chipset transmits at only a few millionths of a watt and delivers ultra broadband communications, inherent positioning and radar, without interfering with other radio frequencies. PulsON uses a patented technique of timed pulses to communicate megabits of data at only microwatts of power with unprecedented channel capacity. Traditional sine wave communication operates at thousands of times higher power, is restricted to single frequencies and can be cancelled when a signal bounces off objects. "PulsON technology can go where existing technology cannot go," said Petroff. "We want to work with our partners on entirely new applications that cannot be served by current technology." This technology can enable such diverse products as ultra high speed wireless communications, a home security "bubble" that can distinguish between a cat and a cat burglar, and radar that can detect barely breathing bodies hidden beneath earthquake rubble. For more information about Time Domain?s breakthrough technology, visit our website at www.time-domain.com. About Siemens Information and Communication Networks Group Based in Boca Raton, Fla., Siemens Information and Communication Networks Inc. provides integrated voice, data and video communications networks to carrier and enterprise customers. Last year, the company's 7,000 U.S. employees generated sales of nearly $2 billion. Its parent firm is Siemens, the pioneering electronics giant with more than 400,000 employees worldwide and global sales of more than $75 billion. For more information, visit the company's web site at www.icn.siemens.com. Time Domain Background Time Domain is a technology innovator that developed and patented a revolutionary wireless breakthrough. The company was founded by Larry Fullerton, who discovered the power of Time Modulated Ultra Wideband Pulse Technology, now called "The Fullerton Pulse". From this technology, Time Domain is introducing the PulsON chip, a fundamental new technology that could enable entirely new industries, and new products in communications, radar and positioning. PulsON chips make it possible to transmit unprecedented amounts of data at an ultra-low power without causing harmful interference to other radio frequencies. This new wireless technology is being integrated into products being developed by commercial and government partners and is subject to regulatory approval. Time Domain is a privately-held corporation headquartered in Cummings Research Park in Huntsville, Alabama. Further information is available on the Internet at www.time-domain.com.