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Spectrum Wireless, Inc. Commemorates
Four Year Anniversary
BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 17, 2001--Spectrum Wireless,
Inc. today announced its commemoration of four years in business
since the inception of the company.
As the company began in Anchorage, Alaska as a wireless ISP, the
organization has gone through a major transformation, developing
into an infrastructure provider of wireless IP equipment. Spectrum
still operates a wireless ISP network in Anchorage, but utilizes
the network primarily as a test bed for product development and
enhancements to its own product line. The test bed network facilitates
the company in focusing on its core competencies of developing wireless
IP routers and deployment systems that incorporate routing at the
edge capabilities for service providers and network operators.
"We're thrilled to celebrate our four year anniversary,"
said Adam Sewall, Spectrum Wireless' CEO. "We are further embarking
as an embedded systems company enabling IP routing intelligence
into various network and edge devices. This has expanded our reach
and offerings to grow beyond a small regional company into a global
company focused on multiple markets and regions. The market acceptance
which we have seen combined with successful long term relationships
speaks well to the employees and business partners that continue
to make our success possible."
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.
Additional
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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