RB is where all the chatter is. Unfortunately all the bs is there also, but it is good for a laugh. Nothing concrete on financials so far, but interest is building because of test slated for March.
ARC System Wireless Communications Airborne Payload Demonstration March 5th and 6th, 2001 February 15, 2001 09:06:00 AM ET
LOS ANGELES, Feb. 15 /PRNewswire/ -- Platforms Wireless International Corporation (OTC: PLFM), the developer of the revolutionary Airborne Relay Communications "ARC System" for wireless voice and data communications, announced today its ARC System Wireless Communications Airborne Payload is on-track for its Premiere U.S.A. Demonstration on March 5th and 6th, 2001.
The ARC System Wireless Communications Airborne Payload demonstration is scheduled to take place at Composite Optics'Anechoic Chamber Facility in San Diego, California. This landmark demonstration is the first time the Wireless Communications "Production-Ready" Airborne Payload for Mass Cellular Communications has ever been demonstrated.
William C. Martin, Platforms Chairman and CEO stated: "We are pleased and very proud to announce that the ARC System Wireless Communications Airborne Payload demonstration will take place in San Diego, as scheduled. This landmark demonstration marks the culmination of almost five years of endeavor dedicated to the development of a product we believe has the potential of becoming a new industry standard for the efficient delivery of cost-effective wireless communications services around the world.
"It is fitting," Mr. Martin explained, "that this ARC System Payload demonstration should take place in San Diego, California, where the initial ALPHA 'Proof of Concept' System demonstration took place in May 1998. The ALPHA demonstration proved the viability of the ARC System airborne wireless communications platform, and many, including Aviation Week and Space Technology magazine, hailed the demonstration as a harbinger of the future of wireless communications technology.
"Now, almost three years later, the experimental ARC System airborne wireless communications prototype model that made its maiden flight strapped to the back seat of a single-engine airplane, has become a 1,250 lbs., state-of-the-art airborne wireless communications platform, ready to go to work, delivering efficient, cost-effective wireless communications services to the emerging, under-served nations of the world. The first commercial prototype of the System will operate 15,000 feet above sea level, aboard a 50-meter aerostructure."
Information on the ARC System Airborne Payload Demonstration Event scheduled to take place at the Composite Optics Signature Technology and Test Range in San Diego, California, is as follows:
Event Dates: March 5th and 6th, 2001 Time: 9:30 AM PST - 4:00PM PST Location: Composite Optics Signature Technology & Test Range Address: 16707 Via del Campo Court, San Diego, California 92127 COI Telephone: (858) 592-2509 Security: COI is a strategic U.S. Government contractor. All facilities are secured, and attendance at this event is by invitation ONLY. RSVP is required for admission. A picture ID will be required for registration and issuance of a special event COI visitor badge. Visitor badges must be worn at all times while in the facility. No pagers, cell phones, recording devices, photo cameras, or video cameras will be permitted in the secured facility. Event Forums: There will be three Event Forums: (i) Auditorium Tent - A: mock-up model of the ARC System Payload will be available for inspection and discussion. (ii) Auditorium Tent - B: reserved for management and press. (iii) Anechoic Test Chamber: secured facility and main auditorium for ARC System Payload demonstration. Escorted tours to presentations, video and multimedia shows, and Payload demonstration theater.
Event Coordinators:
Event Invitations FOCUS Partners LLC - Event Invitations; RSVP; Passes; Brad Meyer/Harvey Goralnick; (212) 752-9445
Media/Press McKie & Headstrom Chris McKie; (408) 942-0133
ARC System Airborne Wireless Communications Payload Demonstration
9:30 - 10:00 AM Registration and Badge Issuance - Auditorium Tent - A 10:00 - 10:30 AM Welcome and Introduction - Audit. -A: William Martin, PLFM Chairman & CEO 10:30 - 11:00 AM The ARC System - Main Auditorium Robert D. Perry, President 11:00 - 11:30 AM ARC System Payload - Main Auditorium Francois Draper E.V. P., COO & CTO 11:30 - 12:00 PM ARC System Aerostat - Main Auditorium Francois Draper 12:00 - 12:30 PM Lunch Intermission - Auditorium Tent -A 12:30 - 1:00 PM COI - Host/Strategic Partner - Main Auditorium Mark Bonebright, COI Gen.Mgr. 1:00 - 4:00 PM ARC Payload Demonstrations - Main Auditorium Francois Draper 2:00 - 4:00 PM Question & Answer Period - Auditorium Tent-A
Mr. Francois Draper, Platforms Executive Vice President, COO and CTO concluded: "The ARC System Airborne Payload we'll be demonstrating in San Diego is one of the most advanced and efficient wireless communications systems I have seen in my thirty years in the industry. We believe the ARC System is cost-effective, rapidly deployable, modularly scaleable, relocateable, re-usable, and it will deliver better cost/performance and ROI than most terrestrial cellular systems ... at approximately half the cost and twice the profitability."
The ARC System Airborne Wireless Communications Payload scheduled to take place in San Diego will be the first time the ARC System's commercial Production Payload capabilities will be displayed and demonstrated to the public, members of the industry, and the press, before the System is shipped for its international wireless industry demonstration premiere in Brazil.
About Composite Optics, Inc.
Composite Optics is a world leader in the design, engineering, manufacturing and testing of advanced composite products for the space and aerospace markets. Based in San Diego, California, COI is an employee-owned business with more than 300 associates. The Company was named by the U.S. Small Business Administration as the 1999 National Small Business Subcontractor of the Year. COI has more than 25 years of space flight technology experience, successfully providing innovative composite-material products and services to leading aerospace manufacturers around the world. COI's extensive corporate capabilities span a wide array of complementary technology disciplines and products, including designing, testing, and manufacturing strategic system payloads, antennas, structures, precision structures, and optics. COI can be found on the Web, at: www.coi-world.com .
About Platforms Wireless International Corporation
Platforms Wireless International Corporation, headquartered in Los Angeles, California, is the developer and marketer of the revolutionary wireless communications technology known as the Airborne Relay Communications "ARC" System, and its family of Airborne, LTA host infrastructures, the ZeroGravity AeroStructures(R). Management believes that these significant advances in the field of Airborne wireless communications technology, together with continuing technology improvements and new developments, will provide an efficient, cost-effective, all-broadband, voice and data communications alternative for augmenting, replacing, and supplementing terrestrial wireline and cellular telecommunications infrastructures, as well as high and low-earth orbiting satellites -- at a savings in both cost and deployment time, as compared to conventional systems. Platforms has already announced its first ARC System Conditional Contract with AMERICEL, S.A., one of the leading cellular telecommunications service providers in Brazil. Platforms can be found on the Web, at: www.plfm.net .
Safe Harbor Act Disclaimer
FORWARD-LOOKING STATEMENTS -- The statements contained in this Press Release, which are not a recitation of historical facts, are "forward-looking statements," within the meaning of Rule 175 under the Securities Act of 1933, and Rule 3b-6 under the Securities Exchange Act of 1934, and as defined in the Private Securities Litigation Reform Act of 1995, and such statements qualify for the Safe Harbor protection afforded under such Acts. Forward-looking statements can be identified by the use of forward-looking words, such as "believes," "expects," "may," "will," "should," "anticipates," or the negative thereof, or other variations thereof, or comparable words, or by statements related to future plans, strategies, or other business development activities that involve risks and uncertainties. Management cautions the reader that "forward-looking statements" including, without limitation, statements regarding Platforms technology, products, marketing plans and strategies, markets for its products and services, and expected, projected results of operations, are all predictions, expectations, and anticipations. No assurances can be given that such predictions, expectations, and anticipations will prove accurate and correct, or that anticipated, projected future results will be achieved. Numerous risk factors can cause actual results to vary materially from the future results indicated, expressed, or implied in forward-looking statements. Such risks and uncertainties include, but are not limited to Platforms' ability to successfully market its products and services to new customers; the Company's ability to obtain necessary financing to support corporate operations and finance the acquisition of test equipment and systems; the Company's ability to obtain required permits, licenses, and authorizations in a timely manner; the Company's performance of a successful ARC System Demonstration in Brazil; the ability of Service Providers to successfully market ARC System wireless communications services to subscribers; the ARC System's capability to cost-effectively and profitably penetrate higher-cost, rural area markets; and the unknown impact of probable entry into the market by larger, better capitalized competitors. Therefore, there can be no assurance that the information indicated, expressed, or implied in the forward-looking statements contained in this Press Release will prove to be accurate or correct, and future events and actual results could differ materially from those indicated, expressed, or implied in these forward-looking statements.
© 2001 PRNewswire
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