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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Darren DeNunzio who wrote (3849)	5/22/1999 12:28:00 AM
From: ftth	Read Replies (3) \| Respond to of 12823

Hi Darren, I don't find any issued patents for the company, and only 1 for a Michael Lynch (of Northern Telecom--same person???). In the article below, the connection to Upland properties is described. So it sounds like the repeater function is the heart of the claim for VDMA (still don't get the connection to the acronym). Call me crazy, but without extremely widespread use--even if the claims are true--the repeater function isn't effective. Plus it would seem to rely on users burning their battery life for the sake of preserving continuity in the network. Why??? Why when there are existing full coverage systems without such a constraint would a user choose this system? Your connection may be at the mercy of one person tossing their phone in the toolbox in the back of their pickup. The bigger question in my mind is why does a thread with 1400 posts exist when there is no tangible, substantive information of any kind related to VDMA<G>. OTOH, if VDMA isn't central to the future growth of the company, this may not be an issue. ------------------------------------- Here's the article from about a year ago: OTC:BB acquires OTC:BB<ggg> ------------------------------------- <<Upland Properties, Inc.: Agreement to Acquire World Wide Wireless, Inc. Business Wire, May 11, 1998 p5110389 Full Text VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--May 11, 1998-- Upland Properties, Inc. (OTC Bulletin Board:UPPI) The Company is pleased to announce that pursuant to the Letter of Intent announced on April 22, 1998 the Board of Directors have voted to accept and have entered into a signed agreement to acquire all of the assets of World Wide Wireless, Inc. ("WWW") of Costa Mesa, California. These assets will include all agreements, contracts, interests in FCC licenses and patent rights (issued and pending) in the name of World Wide Wireless, Inc. from the Company's founder Michael Lynch. In consideration for acquiring these assets Upland Properties, Inc. will issue to WWW 10,000,000 shares of common stock bearing a Rule 144 legend. WWW is comprised of two divisions; the Wireless Internet Division and the Micronet Division. The Wireless Internet Division is a pioneer access provider for ultra high-speed digital wireless transmission. WWW has the FCC license for providing these services in Alameda and Contra Costa counties in the East Bay area of San Francisco, CA. This service area represents approximately 2,000,000 people and 10,000 small to medium sized businesses. The Company has a fully operational infrastructure in place including a transmission facility atop Mt. Diablo in San Francisco's East Bay. The Company is poised, with the completion of this transaction, to launch a aggressive sales and marketing campaign directed towards signing up customers who require ultra high-speed download capability of data-intensive, graphic, audio and video files. The high-speed wireless modems are manufactured by Hybrid Networks, Inc.(HYBR), of Cupertino, CA and the routers are purchased from Cisco Systems of Oakland, CA. The Micronet Division is pioneering what it believes will be the "next generation" cellular technology which builds upon the CDMA/PCS mobile phone standard which is rapidly becoming the International standard of choice. Patents are pending for the microprocessor chip set at the center of this technology. A full scale production prototype is anticipated by calendar year end. {That'd be Dec '98} CONTACT: Upland Properties, Inc. Douglas P. Haffer, 415/956-9190 604/664-0498 (FAX) >> dh