WavePhore Networks Launches New European Network
PR News Wire via Dow Jones
Plans to Duplicate Success of Satellite Networks in North America
SALT LAKE CITY, Nov. 14 /PRNewswire/ -- WavePhore Networks, a division of
WavePhore, Inc. (Nasdaq: WAVO) announced today that it has launched a new
European satellite data network based in London, England. Coverage will reach
every area of Europe utilizing sub-1-meter dishes. In support of its new
Network, WavePhore has built and operates a state-of-the-art Network Control
Center in Crawley, West Sussex, south of London.
The new 192 kilobit per second SCPC satellite network will extend and expand
WavePhore's ability to provide end-to-end data broadcast communications services
for a wide variety of information companies across Europe. As demand for
network capacity increases, throughput can easily and seamlessly be increased to
more than 2 megabits per second. The network will be managed and monitored from
WavePhore's Crawley facility, with additional real-time online network
management and monitoring being provided from WavePhore's Worldwide Network
Control Center located in Salt Lake City.
WavePhore Networks' expanded European operations also includes sales, customer
support, installation and customer service, as well as sophisticated data
broadcast network management. The company is now positioned to provide turnkey
data broadcast solutions to clients throughout Europe, North Africa, and parts
of the Middle East.
"Expanding our European network operations with this new high speed data
broadcast system in Europe is a natural extension of our success in North
America," said Timothy J. Bruske, Vice President of WavePhore Networks.
"WavePhore is already solidly entrenched in the international marketplace with
its blue-chip communications systems customers in China, Brazil, Argentina,
Mexico, Chile, Japan, Thailand, Russia, and Sweden, and now we can offer turnkey
data broadcasting across Europe and North Africa."
WavePhore operates multiple shared satellite and terrestrial broadcast
networks worldwide, distributing information for major international information
companies such as Reuters, Associated Press, and Thomson Financial Services.
The company is also a major provider of data and audio receivers to the
information and business music industries. WavePhore's new IDR V1000 SCPC/MCPC
satellite receiver will be used extensively in Europe and, in fact, worldwide
because of its variable bit-rate capability of up to 2,048 kbps and its flexible
output options, including support for Ethernet and TCP/IP protocols.
About WavePhore
WavePhore Inc., the industry leader in data broadcasting, is comprised of
three divisions: WavePhore Networks, WavePhore Newscast, and WaveTop. WavePhore
Networks provides flexible, high speed data broadcast services and equipment for
leading information providers to more than 80,000 end user sites worldwide.
WavePhore Newscast delivers real-time, customized business intelligence from
over 3,000 sources to more than 160,000 subscription-based business users across
the United States, Canada, and Europe, providing a strategic information
advantage enterprise-wide. WaveTop will deliver multimedia information and
entertainment to data broadcast-ready home PCs. WaveTop has partnered with PBS
National Datacast to broadcast data through its 264 PBS member stations,
covering more than 99% of US television households. Additional information on
WavePhore is available via the Internet at www.wavephore.com, www.wavo.com,
www.wavetop.net, and www.newscast.com. Based in Phoenix, Arizona, WavePhore,
Inc. is a publicly traded company (Nasdaq: WAVO).
Certain of the above statements regarding WavePhore constitute forward-
looking statements which may involve risks and uncertainties. Actual results
could differ materially from such forward-looking statements as a result of a
variety of factors, including, but not limited to, technology changes,
competitive developments, industry and market acceptance of new products and
services, and risk factors listed from time to time in WavePhore's SEC filings.
/CONTACT: Tim Bruske, Vice President, Int'l Networks, 801-584-2885,
tbruske@wavo.com; or Jennifer Schreier of WavePhore Investor Relations,
602-952-5500, ext. 239, jschreier@wavephore.com; or Leslie Nakajima, Corporate
Relations for WavePhore, 602-952-5500 x224, lnakajim@wavephore.com/
08:01 EST |
