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Broadband Wireless
Internet Network |
Vecima
Broadband Wireless Internet Network Systems Operational in 12 Countries
Other Topics: WiMAX Forum Support,
WiMAX CPE Deal,
4G Technology,
WiMAX Distribution Network,
WiMAX ROI Planning Tool,
WiMAX Test Equipment Demonstration
Vecima Networks Inc.
August 22, 2007
Vancouver, Canada -- Vecima Networks Inc. (TSX:VCM), leading Last Mile
Solution(R) provider for broadband wireless and wired networks, today
announces unit delivery and deployment milestones for its Broadband
Wireless Internet Network (BWIN(TM)) product series. Based on proven
Data over Cable Service Interface Specifications (DOCSIS(R)) technology
for triple play services and first released in 1999 where it was
available only in 3.5 GHz, Vecima's BWIN(TM) line of base stations and
CPEs has expanded to offer complete system solutions in 700 MHz, 900
MHz, 1.9 GHz, 2.5 GHz, 3.5 GHz and 5.8 GHz. To date, BWIN(TM) deliveries
exceed 50,000 units and have been deployed within 12 countries situated
throughout Asia, Central America, Africa and North America. |
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Targeting underserved
rural and economically developing regions where broadband access had
traditionally been unavailable, Vecima generated strong demand for its
Canadian manufactured BWIN(TM) product family offering a cost efficient
and rapidly deployable solution relative to laying cable infrastructure.
Additional benefits fueling service provider's demand for BWIN(TM)
included low-cost market entry, scalability and portability.
"Our growth into the wireless space has been very positive because of
the success of our BWIN(TM) solutions," remarked Sumit Kumar, VP
Corporate Strategy. "To carve space for Vecima in this highly
competitive market, we relied heavily on our technical ability to
customize client-specific solutions while utilizing our in-house
manufacturing to deliver systems in rapid turn-around time. At the same
time, we capitalized on positioning our sales and marketing team to
focus on specific niche markets. We are very confident in reemploying
this strategic outline to maximize our market space in the WiMAX space
moving forward."
"Although historically a wired broadband technology, DOCSIS(R) is a
robust platform from which Vecima built its BWIN(TM) product family. In
fact, as the next generation broadband wireless standard, WiMAX
leverages the advantages of DOCSIS(R) by employing much of the MAC
technology from the wired predecessor. Vecima's intimate knowledge of
DOCSIS(R) gained through years of experience supplying the cable
industry with DOCSIS(R) upconverters and QAMs continues to be of
significant strategic importance to both our BWIN(TM) and VistaMAX
solutions."
Vecima, a Principal Member of the WiMAX Forum, currently has shipped
WiMAX compliant gear for trial deployment to 27 customers in 15
countries. Building upon the success of its BWIN(TM) systems, the
company has continued to invest heavily into research and development
and sales and marketing of its WiMAX line and is poised to deliver
market leading WiMAX systems with mass market adoption.
About Vecima Networks
Vecima Networks Inc. (TSX:VCM) designs, manufactures and sells products
that enable broadband access to cable, wireless and telephony networks.
Vecima's hardware products incorporate original embedded software to
meet the complex requirements of next-generation, high-speed digital
networks. Service providers use Vecima's solutions to deliver services
to a converging worldwide broadband market, including what are commonly
known as "triple play" (voice, video and data) and "quadruple play"
(voice, video, data and wireless) services. Vecima's solutions allow
service providers to rapidly and cost-effectively bridge the final
network segment that connects the system directly to end users, commonly
referred to as "the last mile", by overcoming the bottleneck resulting
from insufficient carrying capacity in legacy, last mile
infrastructures. Vecima's products are directed at three principal
markets: Data over Cable, Broadband Wireless and Digital Video. The
Company has also developed and continues to focus on developing products
to address emerging markets such as Voice over Internet Protocol, fibre
to the home and IP video. www.vecimanetworks.com
Forward-Looking Statements
Certain statements in this news release may constitute forward-looking
statements which involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or
achievements of the Company, or industry results, to be materially
different from any future results, performance or achievements expressed
or implied by such forward-looking statements. When used in this news
release, such statements are generally identified by the use of such
words as "may", "will", "expect", "believe", "plan", "intend" and other
similar terminology. These statements reflect Vecima's current
expectations regarding future events and operating performance and speak
only as of the date of this news release. Forward-looking statements
involve significant risks and uncertainties, should not be read as
guarantees of future performance or results, and will not necessarily be
accurate indications of whether or not such results will be achieved. A
number of factors including, but not limited to, the factors discussed
under "Risk Factors" in the Company's Annual Information Form dated
September 27, 2006 available on SEDAR (www.sedar.com), could cause
actual results to differ materially from the results discussed in the
forward-looking statements. Although the forward-looking statements
contained in this news release are based upon what management of the
Company believes are reasonable assumptions, the Company cannot assure
investors that actual results will be consistent with these
forward-looking statements. These forward-looking statements are made as
of the date of this news release, and the Company assumes no obligation
to update or revise them to reflect new events or circumstances. |
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