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Microcap & Penny Stocks : WaveRider WAVC NASDAQ ISP Wide Area Wireless Internet -- Ignore unavailable to you. Want to Upgrade?

To: Daytek77 who wrote (1301)	1/5/2000 8:51:00 AM
From: jean1057	Read Replies (1) \| Respond to of 1848

Wednesday January 5, 7:00 am Eastern Time Company Press Release WaveRider and TEK DigiTel Partner To Deliver Wireless Telephony Solutions Using VoIP Technology TORONTO--(BUSINESS WIRE)--Jan. 5, 2000-- (OTC Bulletin Board:WAVC - news; FRANKFURT:WVR.FSE) (OTC Bulletin Board:TEKI - news) Union To Pursue Growing International Market for Wireless Voice Infrastructures WaveRider Communications, Inc. (OTC BB: WAVC, Frankfurt WVR.FSE), a global provider of wireless Internet products and TEK DigiTel Corp. (OTC BB:TEKI - news) have agreed to partner in the development and marketing of solutions enabling the rapid deployment of wireless, Internet-based voice services by telecommunication carriers. This agreement enables the two companies to assemble a product portfolio allowing voice service providers to quickly and inexpensively deploy residential and business services using WaveRider's innovative spread spectrum wireless and TEK DigiTel's Voice over IP (VoIP) technology. ''Normally, VoIP deployment is used as an add-on technology to an existing data infrastructure but we are seeing more and more opportunities where it is the primary driver,'' explains Rocco DiCarlo, President, TEK DigiTel. ''We believe that by combining our products with those developed by WaveRider, we provide a very attractive option to let new providers deploy conventional telephony services without installing copper facilities.'' ''In many countries, the conventional telephony network is in need of cost prohibitive upgrades or expansion in order to increase the availability and reliability of voice services. Yet at the same time, many companies are focused on deploying Internet Voice over IP services to compete with existing terrestrial facilities,'' explains Charles Brown, WaveRider's Vice President, marketing. ''The speed of deployment and low cost of a wireless voice infrastructure makes good economic sense in areas where the existing telecom infrastructure is weak or is cost prohibitive. By using WaveRider's LMS and NCL product offerings in combination with TEK DigiTel's sophisticated VoIP technologies we will be able to provide very cost effective and reliable wireless infrastructures that bridge the 'last mile' from the Internet to the customer.'' The terms of the agreement call for the two companies to initially joint market their current products as a complete solution. Both companies have already initiated certification testing to assist service providers in deployment. In addition they are also exploring joint product development options to further reduce the cost of deployment. About WaveRider Communications Inc. WaveRider Communications, Inc. (www.waverider.com) is a leading wireless information technology company that develops, manufactures and markets products for data communications and Wireless Internet Networking (WIN). WaveRider's high-performance products use frequency hopping and direct sequence spread spectrum technology coupled with time division multiple access techniques and operate in the license-free 900 MHz and 2.4 GHz ISM frequency bands. NCL Series Wireless Bridges and Routers provide the wireless connection between single or multiple computer networks. Integrated network management features ensure data is quickly forwarded to its intended destination based on network conditions. WaveRider's LMS (Last Mile Solution)® Product Family are wireless modems that offer high-speed connections to the Internet for business and residential customers. WaveRider is a fully reporting issuer traded on the NASD-OTC BB, under the symbol WAVC. About TEK DigiTel Corporation Based in Germantown, Maryland, TEK DigiTel Corporation (www.tekdigitel.com) delivers integrated CPE (Customer Premise Equipment) communications solutions optimized for use in SOHO, small- and medium-sized businesses. Working with Service Providers and OEM partners, the Company is focused on integrating fax- and Voice-over-IP (VoIP) technologies with conventional PBX systems and data routing devices to create a low-cost, easy-to-use Internet communications hub. Founded in 1998, TEK DigiTel is publicly traded (OTC BB:TEKI - news) and headed by a management team with extensive related experience gained at leading manufacturers and service providers including Motorola, 3Com, IBM, Nortel Networks, Rockwell, Hughes, MCI Worldcom, Bell Atlantic, Bell Canada, BellSouth, and GTE. -------------------------------------------------------------------------------- Contact