Ricochet Wins 'Product of the Year' Award From Network Magazine; "Ricochet Delivers What Most of Us Really Want: Bandwidth," says Network Magazine
Business Wire ~ May 11, 2001 ~ 8:04 am EST
LAS VEGAS, Nev.--(BUSINESS WIRE)--May 11, 2001--Metricom, Inc. (Nasdaq:MCOM), a leading high-speed wireless data services company, today announced that Ricochet(R) high-speed mobile access won the Product of the Year 2000 award for "Best Wireless WAN" by the editors of Network Magazine. Ricochet was awarded the honor for its innovative 128 kbps high-speed mobile access solution during an awards ceremony held at the Networld + Interop trade show.
"Plenty of vendors talk about the wireless Web, but Metricom is the only one able to offer it right now," the editors acknowledged in the May 7 issue of Network Magazine. "Instead of 'compact' sites or new protocols, Ricochet delivers what most of us really want: bandwidth."
Among the thousands of products and services evaluated, Network Magazine chose the winning group based on excellence in price/performance, technical ingenuity, new features and applications, relevance to the publication's readership, competitive advantages offered and serviceability to the market. In the Wireless WAN (Wide-Area Network) category, Ricochet outshone competing products and took home the top honor.
"The Ricochet technology continues to garner incredible support within the industry, and this award gives further proof that it is simply without peer in the wireless wide-area network arena," said Ralph C. Derrickson, Metricom's interim chief executive officer. "Thanks to this critical recognition by Network Magazine, we're delighted to place another honor alongside the awards we've received from Business Week, Comdex and PC Expo."
Ricochet offers the advantage of 128 kbps access with true wireless mobility, allowing users the freedom to work outside the confines of the office but with the full capabilities of a desktop experience. With the increased mobility Ricochet offers, users can stay connected and productive anywhere within any of the 15 coverage areas Ricochet is available, including Atlanta, Baltimore, Dallas, Denver, Detroit, Houston, Los Angeles, Minneapolis-St. Paul, New York City, Philadelphia, Phoenix, San Diego, the San Francisco Bay Area, Seattle, and Washington, D.C.
For more information about Ricochet's Network Magazine Product of the Year award, please visit: networkmagazine.com.
About Ricochet
Ricochet allows anyone to increase balance between work and home life and be more productive by offering wireless performance equivalent to that of high- speed wired access. Ricochet customers can view and download full Web content, send and receive email with attachments, link to corporate intranets, and use the applications, information and services they are accustomed to without needing to be in the office.
The high-performance Ricochet network allows users to access the Internet from anywhere within 15 coverage areas across the United States -- whether at the office or home, at a client site, on a park bench, in the back of a taxi, at any one of 15 airports where Ricochet is available, or on the road -- anytime being connected is important.
About Metricom
Metricom, Inc. is a leading high-speed wireless data services company. With its high-speed Ricochet mobile access, Metricom is making "information anytime" possible -- at home, at the office, on the road, and on many devices. Founded in 1985, Metricom has spent more than 15 years on the development of its distinctive Micro Cellular Data Network (MCDN(R)) technology. That experience enables Metricom to develop the fastest wireless mobile data networking and technology available today. Ricochet has operated a 28.8 kbps service since 1995. The high-speed Ricochet, delivering user speeds of 128 kbps, is currently available in 13 markets. Additionally, the nationwide network is connected to two 28.8 kbps service areas to increase coverage for mobile professionals.
Statements made in this press release that are not historical facts, including those related to future market conditions, future competitors, future partners, market rollouts and future technology, are forward looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties which may cause results to differ materially from those set forth in these statements. Among other things, additional competition from existing and future competitors may impact the market. Projections of market size, partners, market acceptance, technological rollout and competition are estimated based on preliminary information as well as certain assumptions which management believes to be reasonable at this time. All forward looking statements are subject to the successful completion of the actions described in this press release. In addition to the factors set forth elsewhere in this press release, the economic, competitive, governmental, technological and other factors identified in Metricom's filings with the Securities and Exchange Commission could affect the forward looking statements contained in this press release.
Note to Editors: Metricom, MCDN, and Ricochet are registered trademarks of Metricom, Inc. All other trademarks are the property of their respective owners.
CONTACT: Metricom, Inc.
Jonathan Moore, 408/282-3280
jmoore@metricom.com
or
Fleishman-Hillard for Metricom
Brad Shewmake, 415/348-2620
shewmakb@fleishman.com
08:04 EDT MAY 11, 2001 |
