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Oxford Media Endorses New WiMAX
Standard Ratified
Other Topics: WIMAX Networks
Deployment, VoIP Over WiMAX Trials
Oxford Media, Inc.
December 15, 2005
Oxford Media Applauds WiMAX
802.16e Is Now an Accepted Standard
Irvine, CA -- Oxford Media, Inc. (OTC BB: OXMI), a secure digital
communication and technology company, endorses the Institute of
Electrical and Electronics Engineers Inc. (IEEE) final approval of the
802.16e standard, the specification that will serve as the basis for
mobile WiMAX technology.
The broadband wireless technology WiMAX is a fast-emerging wide-area
wireless broadband technology that shows great promise as the "last
mile" solution for bringing high-speed Internet access into homes and
businesses. While the more familiar Wi-Fi (802.11) handles local areas,
such as in offices or hotspots, WiMAX covers wider, metropolitan or
rural areas.
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WiMAX represents an inexpensive alternative to digital subscriber lines
(DSL) and cable broadband access. The installation costs for a wireless
infrastructure based on WiMAX is far less than today's wired solutions,
which often require laying cables. WiMAX makes a compelling solution for
providing the last mile connection in wireless metropolitan area
networks.
WiMAX is not a new technology. It is a more innovative and commercially
viable adaptation of a technology already used to deliver broadband
wireless services in proprietary installations around the globe.
Wireless broadband access systems are already deployed in more than 125
countries.
Oxford Media's proprietary hospitality entertainment system is designed
for underserved markets not presently served by larger companies. Oxford
Media's system is priced well below its competitors, offering features
previously unavailable for its market. These value-added services help
Oxford's hospitality customers improve their service to their guests,
building customer loyalty while controlling costs.
Oxford Media will expand its hotel Entertainment on Demand systems to
consumers and businesses in the surrounding markets utilizing WiMAX.
Oxford is developing a wireless distribution model to offer enhanced
Internet access and Entertainment on Demand services at a dramatically
reduces infrastructure deployment cost.
The Company has designed its proprietary hospitality entertainment
system to support a wide variety of convenient services for business and
consumers within reach of its wireless network. Utilizing the roof tops
of our existing hospitality customers to provide the foundation and
location for deployment, Oxford will install WiMAX antennas broadcasting
broadband Internet, movies and other services to businesses and homes
within the range of the Oxford wireless Private Broadband Network (PBN).
"Essentially we've been working for almost two years developing software
and business practices to be ready to take advantage of this particular
version of mobile WiMAX and the recent ratification of this standard is
right on schedule for our business plan execution," says Tom Hemmingway,
CEO/President of the Oxford Media, Inc.
About Oxford Media, Inc.
Oxford Media is a leading developer of Private Broadband Networks (PBN)
and proprietary software and hardware, which allows for the delivery of
low-cost broadband Internet access as well as video and audio content on
demand on a Pay-Per-View basis. The initial line of business is the
delivery of Video-On-Demand and pay-for-view entertainment content to
small and mid-sized hotels and motels -- a segment of the hotel industry
previously underserved and unable to offer such services to their
guests. This targeted market of hotel properties with between 50 to 300
rooms, comprises over 2.4 million hotel rooms in the U.S. and represents
approximately 56% of the total hotel market.
www.oxfordmediainc.com.
Oxford's wholly owned subsidiary Creative Business Concepts, Inc. is a
wireless and business systems provider specializing in WiFi/WiMAX, IT
Security and IT Integration, and Telecom. As part of these offering of
services, CBC designs and installs specialty communication systems for
data, voice, video, and telecom.
Special Note Regarding Forward-Looking Statements: Statements in this
news release about anticipated or expected future revenue or growth or
expressions of future goals or objectives, including statements
regarding whether current plans to grow and strengthen the Company's
existing business, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. All
forward-looking statements in this release are based upon information
available to the Company on the date of this release. Any
forward-looking statements involve risks and uncertainties, including
the risk that the Company will be unable to grow or strengthen its
business due to a lack of capital or an inability to identify
acquisition candidates and that the Company may not realize anticipated
cost savings or revenue growth opportunities associated with any
acquisitions, planned or otherwise. Additionally, forward-looking
statements concerning the performance of the Company's business are
based on current market conditions and risks, which may change as the
result of certain regulatory, competitive or economic events, as well as
those risks and uncertainties described in the Company's filings with
the Securities and Exchange Commission, which could cause actual events
or results to differ materially from the events or results described in
the forward-looking statements, whether as a result of new information,
future events or otherwise. Readers are cautioned not to place undue
reliance on these forward-looking statements. |
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