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Technology Stocks : Metawave Communications Corporation (MTWV) -- Ignore unavailable to you. Want to Upgrade?

To: wirelife who wrote (21)	10/2/2001 11:38:39 PM
From: wirelife	Read Replies (1) \| Respond to of 25

Metawave and Lucent team up in smart antenna to increase capacity of CDMA networks Tuesday October 2, 4:04 pm Eastern Time Press Release biz.yahoo.com Lucent and Metawave Announce Alliance to Increase Capacity of CDMA Networks Metawave's load-balancing SpotLight® 2200 system to be integrated into Lucent Flexent(TM) CDMA base station REDMOND, Wash.--(BUSINESS WIRE)--Oct. 2, 2001-- Lucent Technologies (NYSE:LU - news) and Metawave® Communications Corp. (Nasdaq:MTWV - news) today announced an alliance to increase the capacity of Code Division Multiple Access (CDMA) and CDMA2000 wireless networks. The joint solution will be developed by integrating the Lucent Flexent(TM) CDMA Modular Cell base station with Metawave's product and will provide Lucent's mobile operator customers with increased capacity. Designed for the 850 MHz cellular frequency, the two companies will integrate the Lucent Flexent(TM) CDMA Modular Cell and the load-balancing Metawave SpotLight® 2200 system. The integrated solution simplifies the sharing of traffic load between sectors and cells to improve the overall traffic that can be carried by the network. ``As wireless networks continue to proliferate and more customers sign up for service, our mobile operator customers need solutions that will allow them to incrementally increase network capacity - and our joint solution provides this,'' said Holly Newman, director of product management for Lucent's Mobility Solutions Group. ``This joint solution also ensures investment protection because these improvements are realized using existing spectrum and infrastructure equipment.'' Commercial availability for the integrated product, which consists of hardware and software components, is expected by the end of 2001. ``It makes good business sense to bring together two of the most advanced base station and load-balancing technologies,'' said Bob Hunsberger, chairman of the board and CEO of Metawave. ``The Lucent Flexent Modular Cell is already an easily expandable platform and the addition of SpotLight 2200 makes it even more convenient for our customers to maximize capacity, while gaining efficiencies in their infrastructure and costs.'' ABOUT LUCENT TECHNOLOGIES Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers networks for the world's largest communications service providers. Backed by Bell Labs research and development, Lucent relies on its strengths in mobility, optical, data and voice networking technologies as well as software and services to develop next-generation networks. The company's systems, services and software are designed to help customers quickly deploy and better manage their networks and create new, revenue-generating services that help businesses and consumers. For more information on Lucent Technologies, visit its Web site at lucent.com. ABOUT METAWAVE Metawave® Communications Corp. is a global provider of smart antenna solutions that increase voice and data capacity for wireless carriers. The company's SpotLight® smart antenna offerings provide operators of CDMA, GSM and next generation 3G wireless networks with cost-effective capacity solutions that improve wireless network performance. Metawave's smart antenna systems have been deployed worldwide by leading wireless providers to meet rapidly increasing demand for wireless voice and data services. Founded in 1995, the company is headquartered in Redmond, Washington, with offices in California, Mexico City, Sao Paulo, Shanghai, Taipei and Texas. For more information, call 1-888-METAWAVE or visit the company's Web site at metawave.com.