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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: zbyslaw owczarczyk who wrote (47225)	1/24/2001 10:36:43 AM
From: Chemsync	Respond to of 77400

Cisco releases wireless broadband network offering www0.mercurycenter.com SAN FRANCISCO (Reuters) - Cisco Systems Inc. announced Wednesday a new high-speed wireless networking product and said two institutional customers have already begun multi-million dollar installations. Microsoft Corp. and the University of North Carolina-Chapel Hill have both already begun deploying Cisco's Aironet 350 wireless broadband network, the company said. Microsoft is running an Aironet network on its corporate campus, which lets employees equipped with a wireless card get a fast Internet connection anywhere on the company grounds, indoors or out, the company said. The Cisco network allows 5,000 users to log in to the Internet simultaneously, a number Microsoft hopes to expand to 20,000 soon, the company said. UNC-Chapel Hill has also started deploying a wireless network on campus, which it expects make available to up to 15,000 students by 2003. ``They can have access in the classroom, and they can have access while they're sunning themselves on the quad,'' said Charlie Giancarlo, senior vice president of Cisco's commercial lines of business. While wireless networking is being touted as a potentially huge emerging market, demand, especially for home networking products, has been sluggish. ``The mass consumer marketplace (for wireless networking) is still one of evolution,'' Giancarlo said, adding that Cisco planned to target businesses with the Aironet's features, including its automatic encryption of all data transmitted between users and the company servers. Aironet transmitters draw power through Ethernet cabling, similar to the way a telephone draws power through the phone line, Giancarlo said, making them inexpensive to install. 3Com Corp. announced earlier this week that it has begun shipping a competing wireless networking product for businesses called AirConnect.