Dec. 16, 2010 (Business Wire) -- Nexaira Wireless Inc., (“Nexaira®”) (OTCBB: NXWI), is proud to announce its first commercially available 4G Business Class Router that works seamlessly with Verizon’s new LTE (Long Term Evolution) network. Nexaira’s NexWare™ firmware, the engine that powers its line of routers, supports the Pantech LTE UML290 data card currently used as one of only two modems certified on the Verizon LTE network. Verizon's new 4G LTE network, which has recently been launched in 38 U.S. cities, has download speeds comparable to cable networks while boasting significantly faster upload speeds.
“This is indicative of our commitment to stay at the forefront of 3G and 4G wireless technology, whether it’s HSPA, HSPA+, Wi-Max or, in this most recent example, LTE. To the best of my knowledge, we are the only business class router that supports LTE in the country. Our tests in San Diego showed download speeds of 20Mbps and upload speeds of 8Mbps, many times faster than anything we have ever tested. This network technology is incredible – it’s ten times faster than 3G,” said Carl Silva, Nexaira’s Chief Scientist and VP of Technology.
Mac Users benefit too because Nexaira’s 4G BCII and SOHO Routers allow users to share their 4G connection with multiple computers. Even though the UML290 modem currently only supports Microsoft Windows XP, Vista, and Windows 7, when connected via a Nexaira Router, the NexWare firmware enables Mac users or any other wireless device to connect online with Verizon LTE.
About Nexaira Wireless - The leader in secure high availability wireless applications.
Nexaira’s cellular solutions are simple to install, yet provide the advanced management and business class features demanded by the most sophisticated users. Nexaira’s wireless devices are ideal for secure high availability wireless applications acting as the primary router on wireless, DSL, or cable networks or can be used to provide complete device and network redundancy in wide area network-failover/fail back applications. For further information on how Nexaira is uniquely positioned to bridge the gap between wire line and wireless services and provide businesses the assurance that operations continue during wire line network service interruptions, visit our website at www.nexaira.com.
Nexaira, Inc. is based in San Diego and is a wholly owned subsidiary of Nexaira Wireless Inc.
Forward-Looking Statements
Statements in this press release, which are not purely historical, are forward-looking statements and can include, without limitation, statements based on current expectations involving a number of risks and uncertainties and which are not guarantees of future performance of the Company. Forward-looking statements in this press release include that:(i) Nexaira’s 4G Business Class Router works seamlessly with Verizon’s new LTE (Long Term Evolution) network; (ii) that to the best of Nexaira’s knowledge, Nexaira is the only business class router that supports LTE in the country; (iii) our tests in San Diego showed download speeds of 20Mbps and upload speeds of 8Mbps, many times faster than anything we have ever tested (iv) Nexaira’s 4G BCII and SOHO Routers allow users to share their 4G connection with multiple computers; and (v) when connected via a Nexaira Router the NexWare firmware enables Mac users or any other wireless device to connect online with Verizon LTE. There are numerous risks and uncertainties that could cause actual results and the plans and objectives of Nexaira to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) any occurrences that delay the launch of the business solution by 3GStore.com; and (iii) any adverse occurrence with respect to the business solution or any other technology of Nexaira related to development or operation of the business solution. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Although Nexaira believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in Nexaira’s annual report on Form 10-K for the fiscal year ended October 31, 2009, its quarterly reports on Form 10-Q, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Media:
Nexaira, Inc.
Jennifer Larson, 858-455-4853
jlarson@Nexaira.com
Source: Business Wire (December 16, 2010 - 4:54 PM EST)
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