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Spectrum Wireless, Inc. Teams
with McGrathAlaska.Net -- McGrath Light & Power -- To Provide
Broadband Wireless to Rural Locations in Alaska
BELLEVUE, Wash.--(BUSINESS WIRE)--July 19, 2001--Spectrum Wireless,
Inc., a leading provider of broadband fixed wireless router equipment,
today announced that it has teamed with McGrathAlaska.Net in order
to deliver broadband wireless services to various rural locations
in Alaska.
The collaboration allows Spectrum Wireless, in conjunction with
McGrathAlaska.Net, to provide broadband services to remote locations
in Alaska previously not served due to lack of wire line infrastructure.
McGrathAlaska.Net, which operates an ISP, delivers service via a
satellite connection. Service is then delivered across LANs with
Spectrum's wireless IP router equipment. Previously, McGrathAlaska.Net
was operating at 4800 and 9600 baud. Since the implementation of
Spectrum Wireless' solution, McGrathAlaska.Net has realized several
significant results: long distance charges have been reduced; customers
are charged less for service; and customers now have an always-on
connection with the same speed as would be seen in an urban city.
"McGrathAlaska.Net serves customers who are remotely located.
Our partnership with Spectrum Wireless has given us the ability
and confidence to provide a service urban consumers would gladly
choose," said Ernie Baumgartner, General Manager of McGrathAlaska.Net
and McGrath Light & Power. "Even with the high cost of
satellite bandwidth and small population (420), we are showing an
$8,000.00 net profit for the first nine months of our second year."
"Spectrum Wireless is very pleased to work with McGrathAlaska.Net
as it offers wireless broadband applications to customers who have
long since been underserved. Additionally, this gives Spectrum Wireless
proof of concept of the viability of Spectrum's technology, particularly
in solving the last mile conundrum," said Dan Ferguson, Spectrum
Wireless' Co-Founder and Director of Research and Development. "We
truly look forward to a long term and diverse relationship with
McGrathAlaska.Net."
About Spectrum Wireless, Inc.
Headquartered in Bellevue, WA, Spectrum Wireless was formed
to develop state-of-the-art wireless IP routing technology
with its wireless IP router and deployment systems. The company
has pioneered the merging of networking and routing with radio
technology in order to provide Internet access to urban and
rural areas, where wire lines are not readily available or
economically viable. Utilizing Spectrum Wireless technology,
broadband providers deploy low-cost business class services
with greater speed of deployment and increased IP functionality.
Spectrum Wireless is the first provider to offer the Integrated
Broadband Operating System (IBOS™) to Internet Service
Providers (ISPs), telecommunications service providers, and
private network operators enabling them to provide voice and
high-speed data services to their clients. Spectrum Wireless
provides the means to the edge and is the leader addressing
solutions in moving IP intelligence and flexibility from the
core of fixed broadband wireless networks to the edge.
The company's design and development of feature-rich wireless
Internet routers for use in fixed wireless local loops (WLLs),
wireless local area networks (WLANs), and wireless wide area
networks (WWANs) integrates multiple radio systems for flexibility
in frequency and performance. Spectrum Wireless' advanced
routing platforms for multiple radio systems allow for deployment
and interoperability with licensed and unlicensed systems,
providing the fastest throughput of any platform tested. Spectrum
Wireless offers a sophisticated feature set with excellent
flexibility for the service operator, delivering unparalleled
performance.
Spectrum Wireless has successfully developed and deployed
its technology during the past two years, and has installed
over 100 units in multiple networks with customers throughout
North America. For more information, visit Spectrum Wireless'
website at www.spectrumwireless.net.
The above information includes forward-looking statements
regarding services. These statements are not guarantees of
future performance. Known and unknown risks, uncertainties,
and other factors, including without limitation, capital requirements,
need for additional financing and other financial risks, changes
to the strategy and business plan, customer demand, technological
risks, management of growth, satisfying borrowing conditions,
competition and government regulation may cause actual results
to differ materially from the future results implied or expressed
in the forward looking statements. The Company does not undertake
to update or revise its forward-looking statements publicly
even if experience or future changes make clear that any projected
results expressed or implied herein will not be realized.
About McGrathAlaska.Net
McGrathAlaska.Net was established in 1999 by McGrath Light &
Power Company, a subsidiary of MTNT, Inc. an Alaska Native Corporation,
to supply high quality, high speed Internet service to the people
of the McGrath, Alaska region. Visit McGrathAlaska.Net's website
at www.mcgrathalaska.net
The above information includes forward-looking statements regarding
services. These statements are not guarantees of future performance.
Known and unknown risks, uncertainties, and other factors, including
without limitation, capital requirements, need for additional financing
and other financial risks, changes to the strategy and business
plan, customer demand, technological risks, management of growth,
satisfying borrowing conditions, competition and government regulation
may cause actual results to differ materially from the future results
implied or expressed in the forward looking statements. The Company
does not undertake to update or revise its forward-looking statements
publicly even if experience or future changes make clear that any
projected results expressed or implied herein will not be realized.
process for Spectrum Wireless as we look to be the leaders in our
space and Scott's background with hardware design, growth strategies,
and manufacturing will be instrumental to our success."
Investor Contact
Spectrum Wireless, Inc.
Roger Madison, CFO
425-646-4865
roger.madison@spectrumwireless.net
or
Media Contact
Spectrum Wireless, Inc.
Kim LaPlante, VP of Marketing
425-646-4865
kim.laplante@spectrumwireless.net
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