Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
For the record I have nice little timeline on wine at:
http://timelines.ws/subjects/Wine.HTML
Additions and contributions will be accepted, but I require a notation as to source material.
Albertson's recently tagged a number of wines as special, reduced price, discontinued lines.
I picked up a 2003 Husch Sauvignon Blanc, initially priced around 13.99 for 7.99. I enjoy Sauvignon Blanc in general and this was a very nice find. I have recently disocvered that the Sauvignon Blancs are a great palliative to the evening Cramer show.
As a 1st post I am copying from another board an example of what this board is about. The idea is to suggest your wine in hand and its quality that other's may taste and share.
2003 Kendall-Jackson Pinot Noir, a monkey dish of Amish Colby-Jack cheese in half inch square cuts & optimistic thoughts of the next 2 years of DNAPrint Genomics processes...drives my pen as I wish you and yours a happenin’ weekend, family...& stuff.
I genuinely wish success to those who are now presently interested in the DNA[G] epic; & I genuinely wish a well intended kick in the pants to those who just like to fck with folks 24/7 on an arbitrary finance board.
Stay gold; ...the hardest hue to hold....
JB
Carrie said this acquisition will give us a bottom long strong enough to take us to Nasdaq. At the SH meeting she gave 3-6 months for the acquisition. Things appear to be moving much faster and therefore the picture looks much better for all of us.
I do not know. I suspect the relationship continues to develop via the TCG.
On AMD and WAVX from past IHUB posts:
2000 Mar 27, AMD and Wave Systems to Enable Advanced Security Features for Commercial and Consumer Computing.
(IHub #68211, 2/4/05)
2000 Aug 16, The Trusted Client: AMD and Wave Mother Board Reference Design
(http://www.wave.com/technology/AMDWaveTrustedClient.pdf)
2000 Nov 13, Wave Systems Delivers Portfolio of Trusted Client Technologies and Services to BIZ and EDS Alliance. AMD and Wave Systems Demonstrate Trusted Client Computer Solutions For Secure E-Commerce and Services. Wave Systems Showcases Industry-Leading Trusted Client Solutions For Secure E-Commerce.
(IHub #68211, 2/4/05)
2003 Apr 8, AMD, HP, IBM, Intel and Microsoft today announced the formation of a new industry group dedicated to embedding trust and security more broadly into computing platforms and devices. The Trusted Computing Group (TCG) will work to create open standards that can be adopted for use in products and solutions across the spectrum of computing, including PCs, PDAs, servers and digital phones, to enable secure and trusted computing that can protect data, privacy, and individual rights. Wave joined TCG. There were only 11 companies initially invited to TCG, WAVE, being one of them, of course.
(http://www.unclever.com/wavx/DD.htm)(IHub, #24287, 12/26/03)
2004 Jun 11, The Comodo Group (comodogroup.com), a provider of information security and related services, announced on Thursday that it has been awarded an Exceptional Grant Award by the UK government. Comodo joins IBM (ibm.com), HP (hp.com), Fujitsu (fujitsu.com), Microsoft (microsoft.com), Intel (intel.com) and AMD (amd.com) among others, to form the Trusted Computing Group, a consortium to develop and promote open standards for hardware-enabled secure computing and security technologies. Comodo will focus on setting the architecture and standards for secure input devices.
(IHub #43691, 6/13/04)
Sometimes its better to look at specific data:
Wave Systems net loss [.19] vs [.15], rev 55k vs 12k 8/11/2000
Wave Systems net loss [.24] vs [.19], rev 190k 8/10/2001
Wave Systems net loss [.22] vs [.34], rev 230k 11/14/2001
Wave Systems agreement with Intel 8/4/2003
Wave Systems net loss [.12] vs [.19], rev 34k 8/14/2003
Wave Systems net loss [.15] vs [.24], rev 80k 11/13/2003
Wave Systems net loss [.07] vs [.19], rev 59k 3/11/2004
Wave Systems net loss [.05] vs [.12], rev 50k 5/17/2004
Wave Systems net loss [.06] vs [.12], rev 6k 8/16/2004
Wave Systems net loss [.05] vs [.15], rev 44k 10/29/2004
Wave Systems net loss [.04] vs [.07], rev 108k 3/15/2005
Wave Systems net loss [.06] vs [.05], rev 80k 5/12/2005
Wave Systems net loss [.05] vs [.06], rev 260k 8/11/2005
Wave Systems net loss [.05] vs [.05], rev 335k 11/9/2005
This clearly shows current progress and bodes well for the near and long term
Looks like they are separate.
http://www.mkairlines.com/
MK was formed in 1990 to provide cost effective and reliable air cargo capacity to the world cargo industry.
http://www.mkaviation.com/
The MK group of companies has been in existence for some 25 years. It has had offices in Panama, Los Angeles, New York, London, Singapore and recently opened a new office in Texas.
This WSJ article may be contributing to the move today:
Linking DNA Profiles
To Diseases May Not
Lead to Prevention
November 4, 2005; Page B1
Listening to scientists and government officials wax euphoric last week over the latest milestone in human genetics, a thought came to mind: twins.
The milestone was the completion of the first phase of what is called the human Haplotype Map, a $138 million, three-year undertaking by more than 200 scientists in six countries. A haplotype is a group of genetic rarities that sit on the same chromosome and tend to be inherited together, passed from parent to child as a chunk.
The so-called HapMap catalogues and locates what Francis Collins, director of the National Human Genome Research Institute, calls "differences in the human instruction book." Although any two unrelated people are 99.9% identical in their DNA, the 0.1% where they diverge explains, in part, who develops common diseases such as cancers, cardiovascular illness, diabetes and arthritis -- as well as how.
The "who" part, scientists hope, will emerge from studies that link common haplotypes to common diseases. By "testing each common genetic variant in the human population and matching it to the existence of disease," scientists might have a powerful new tool for diagnosis and even prevention, said geneticist David Altshuler of the Broad Institute of Harvard University and MIT. If having a particular haplotype means an elevated risk of, say, type-2 diabetes, someone with that haplotype might take steps, such as exercising and dieting, to keep risk from becoming reality.
The HapMap team is already well along in this goal. The Japanese aim to study 300,000 people to find haplotypes that match 47 diseases. The British are looking for clues to the genetic basis of diabetes, bipolar disorder, rheumatoid arthritis and cardiovascular disease by genotyping 2,000 people with each.
I started to think of twins here. Identical twins develop from a single fertilized egg, giving them identical DNA sequences and identical haplotypes. But twins are not identical in how they look, how they think and certainly not in what diseases they get -- not even in what diseases with deep genetic roots they get.
Identicals are only 50% "concordant" for schizophrenia; that is, in only half of twin pairs does the second sibling have the disease if the first does. They are 40% concordant for hypertension, 30% for diabetes, 25% for multiple sclerosis, 20% for breast cancer, and just under 20% for stroke and arthritis, according to a 2005 review by Irving Gottesman, University of Minnesota, and colleagues at the University of Toronto, in the journal Human Molecular Genetics.
If the exact same genetic profile in identical twins sometimes leads to disease and sometimes doesn't, the power of haplotype prediction is, shall we say, limited. Prof. Gottesman and his colleagues note that scientists tend to have blind spots. The persistent belief that DNA sequence anomalies explains which diseases people get, they say, "may be one such blind spot among geneticists."
Even if some genetic data are truly predictive, it isn't clear what good that will do anyone. "You can't unload your genotype," says David Goldstein of Duke University. "If you have a higher genetic risk for a disease, it is not clear what changes you can make in the way you live that will decrease that risk." Even seemingly obvious changes -- staying slim if you have a genetic risk of diabetes, eating heart-healthy if you have a genetic risk of heart attack -- might not actually decrease the risk.
"A typical outcome will be more like APOE4," a gene that raises the risk of Alzheimer's disease, says Prof. Goldstein: "You have a genetic risk factor and there's nothing you can do. We have no examples where identifying genetic risk factors helps with prevention, let alone improves health." (Only regular screening for colon polyps in people with a genetic risk for colon cancer comes close.)
Coincidentally, exactly a week after the HapMap announcement, hundreds of scientists have gathered at Duke University to explore glitches very different from those in the HapMap. Rather than focusing on changes in DNA -- the sequence of molecules that make up genes -- as the HapMap does, the new field of epigenetics looks at changes on DNA, such as the addition or removal of little molecular bundles that turn genes on or off. Genes can acquire these bundles by chance, or as a result of diet, environment or experiences, and they seem to trigger several forms of cancer and, probably, mental illness and other diseases.
In part, the research is driven by a recognition that "although the human-genome sequence has been complete for several years, few common diseases have been explained by common variants" in DNA sequence, geneticist Andrew Feinberg of Johns Hopkins University said in remarks prepared for the conference. That suggests reining in expectations for using the HapMap to predict who will succumb to diseases.
The HapMap scientists expressed hope that in addition to identifying who is likely to develop particular diseases, the data will reveal how disease occurs and lead to the development of drugs that block the pathway. Next week, I'll explore why this is as iffy as using genes to predict who will develop a disease.
I suspect not. Carrie was pretty firm in emphasizing the importance of the Jump deal in order to get to Nasdaq. She will concentrate on making this happen asap.
2005 Feb 22, Wave Systems Corp. and Sonex Infrastructure Solutions Group today announced that Sonex ISG will distribute Wave's EMBASSY(R) Trust Suite (ETS) software and infrastructure to enterprises interested in trusted computing solutions for personal computer security. Sonex ISG will distribute Wave's EMBASSY Trust Suite software in Lithuania, Latvia and Estonia in eastern Europe. International group Sonex ISG consists of IT infrastructure and PC manufacturing companies "Sonex Kompiuteriai" (Lithuania), "Sonex Riga" (Latvia) and "Sonex Computers" (Estonia). Sonex ISG will host a press conference and customer seminar today in Vilnius at the Business Center Forum Palace to describe the distribution partnership and the trusted computing market opportunity.
(IHub #70515, 2/22/05)
Economic growth for China is now projected at an annual 9%. International attention to this market will grow dramatically as the 2008 Olympics approach. Taking these factors into consideration and the planned acquisition of Jump makes Hartcourt a steal at the current stock price.
The trick for Carrie is to figure out how much equity Hartcourt needs to put into Jump. On the one hand the greater the equity (95%) the better the near term bottom line and the sooner the move to Nasdaq can be made. On the other hand, a smaller but controlling equity (51%) would retain limited Hartcourt resources for more acquisitions. The right call on these kind of decisions is what makes a great CEO. It is also the sign of a great CEO to get to the point where such decisions are called for.
No. He is with the Silicon Valley Office of Greenburg Traurig, and based in SF.
Preston Gates was only used to complete the SEC litigation.
Why do you say that?
Not hardly. Vastly different. Jump was not in the picture last year. Wait 6 months and post again.
The Vegas trip was part of a package deal that included stops in SF and NYC to make presentations to investment bankers on the Jump deal and future prospects for Hartcourt.
Since it was only Carrie and Dr. Li, the expenses were minimal. Our lawyer is based in SF so that also made sense.
Carrie is not profligate.
We are actually negotiating for 35-95%. The revs are known, they were posted on a 4 year chart and showed meaningful growth. I do not have the numbers handy. The price will be known soon enough and the cost will be made public when the exact terms are decided on by the parties concerned. This deal will raise our bottom line and get us to the Nasdaq per Carrie.
"Adam Friedman was basically doing the job of a secretarial firm."
More on this: she said her own contact list was as good as what Friedman had and that she would be looking for a way to tie a PR firm down to a results oriented deal. This will likely follow on the close of the Jump deal.
That specific question was not asked, but from all indications it was clear to me, at least, that Carrie is in for the long haul.
With Jump Tech. in the Network Security Business, I asked Carrie if she was familiar the Trusted Programming Module (TPM). She was not.
Major motherboard manufactures are currently producing motherboards with a new hardware module called a TPM. See:
https://www.trustedcomputinggroup.org/home
This piece of hardware will allow systems to be secured outside the MS based operating system, which gets universally hacked. The hardware requires additional software to enable it and the leader in this area is Wave Systems (WAVX).
The new MS Vista operating system will require TPMs to make best use of new security features in Vista.
The point here was that their appeared to be the potential for some natural synergy between Jump and Wave to take advantage of enabling TPMs in China.
There is a very active WAVX board on IHUB.
A 2nd meeting will take place in about a month in Shanghai. It will basically be a formality that acknowledges passage of the the management's proposals once the proxies are in hand.
David Frazee, our lawyer with Greenberg Traurig, explained all this at the beginning of the meeting and noted that "this is not an uncommon occurence."
As to Jump, their numbers were posted and showed rising revenues and sales over the last 4 years. If HRCT gets a significant portion of the company, we will be in a very good position to head on over to Nasdax. Carrie is very focused on this and expressed confidence in the acquisition. She noted that Jump is one of the few Chinese network security companies that has licenses to "all 4 tiers" of Chinese government operations. This was perceived as a very significant advantage to future growth.
More later.
The meeting was excellent.
Only a dozen or so shareholders showed up.
The meeting failed to have a legal quorum so was officialy closed shortly after it opened. Some large shareholders failed to get their proxies in on time and the official business would clear in about a month.
The meeting then proceeded in an unofficial manner.
Carrie gave an excellent presentation of events over the last your and a slide presentation from Jump Tech. on Jump.
She brought along Dr. Li of Shenzhen Capital Group. Dr. Li reposnded to questions in depth from the group as Carrie translated.
The acquisition of Jump will hopefully close in 3-6 months. Details of the actual Hartcourt holding is not yet fixed. A range of 35-95% is possible.
Carrie sees the acquisiton of Jump as Hartcourt's stepping stone to the Nasdaq.
Carrie pointed out that last weeks OTC issue was easily resolved by amending some standard wording in an audit report. It had nothing to do with filing on time.
More later.
The HRCT website did not update info on the shareholder's meeting. In fact the latest info still says the meeting is at the Luxor rather than at the MGM as posted on IHUB.
Does anybody have any updates on meeting room name at the MGM?
Does anyone want to meet Sunday evening at the MGM or elsewhere for dinner?
Excellent article and great background on Trusted Computing.
Dated 10/12/05 it would be nice if it can work its way from blog space to print media. I am putting it into my timelines as follows:
1999 Oct, IBM offered its embedded security chip technology to the Trusted Computing Platform Alliance (TCPA), an industry group formed to create the specifications for future security platforms. The IBM technology was essentially accepted by the group and released as the TPM 1.1b specification in the first quarter of 2002.
(www.technologypundits.com/index.php?article_id=215)
The age-related aspect would be a good question to address to management at the next shareholders meeting, unless somebody wants to sent an e-mail and make inquiries now.
I know as a former lab tech that there is an age-related correlation to sperm count and viability. This is a data analysis issue and not a long-term patient-drug study project. It need not be a high cost research issue. I suspect there's data out there already on the subject.
Wouldn't it be interesting if DNA analysis could hone in on the age of the suspect.
I've made my reservations for Las Vegas.
Does anybody know if there is an informal dinner scheduled with HRCT management for Sunday night?
IBM reported strong earnings after the market closed today.
I believe this bodes well for WAVX.
Here is a short summary of WAVX-IBM press releases from 1999-2004:
1997 Dec 18, Wave Systems Corp announced an agreement with IBM Corporation to find ways to inexpensively incorporate Wave Systems' WaveMeter® chip into PC products.
(www.wave.com)
1999 Compaq, Hewlett-Packard, IBM, Intel and Microsoft established the Trusted Computing Platform Alliance (TCPA) in an effort to define and promote the goal of trustworthy computing.
(http://www.unclever.com/wavx/DD.htm)
2003 Apr 8, AMD, HP, IBM, Intel and Microsoft today announced the formation of a new industry group dedicated to embedding trust and security more broadly into computing platforms and devices. The Trusted Computing Group (TCG) will work to create open standards that can be adopted for use in products and solutions across the spectrum of computing, including PCs, PDAs, servers and digital phones, to enable secure and trusted computing that can protect data, privacy, and individual rights. Wave joined TCG. There were only 11 companies initially invited to TCG, WAVE, being one of them, of course.
(http://www.unclever.com/wavx/DD.htm)(IHub, #24287, 12/26/03)
2003 Apr 10, Wave Systems Announces Secure Services Support For IBM ThinkPad Notebooks and NetVista Desktops, the Industry’s First Trust Infrastructure Services for TCG Platforms Using EMBASSY® Trust Services to be Demonstrated at RSA Conference 2003.
(http://www.unclever.com/wavx/DD.htm)
2003 Aug 4, Wave Systems Corp. announced that the new Document Manager Vault and SmartSignature security software applications in Wave's EMBASSY® Trust Suite client software family work with the IBM Embedded Security Subsystem, a hardware and software-based security solution available on select ThinkPad notebooks and ThinkCentre desktops, to create more secure applications for the business user.
(IHUB, #32005, 2/27/04)
2003 Aug 4, Reuters said that Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. (corrected by Reuters on Dec 19) "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
(IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)
2003 Aug 5, Wave Systems Has Not Inked Deal With IBM. WAVX Wave Systems Corp. (WAVX) stated that its security software is compatible with International Business Machines Corp.'s (IBM) embedded security subsystem. (A story that ran at 1:04 p.m. EDT incorrectly stated that Wave Systems has an actual deal with IBM.)
(IHub, #23822, 12/21/03)
2003 Aug 26, SmartMoney ran an article by Scott Patterson on WAVX... "Then came news of a software-bundling deal with Intel (INTC) and a partnership with IBM (IBM) — twin events that caused Wave's stock to spike more than 500% over the course of several days, reaching an intraday peak of $5.24 on Aug. 5..."
http://yahoo.smartmoney.com/onthestreet/index.cfm?story=20030826&afl=yahoo
(IHUB, #31356, 2/23/04)
2003 Dec 19, Wave Systems closed at 1.50. Reuters issued correction of Aug 4 article. Original: Reuters said Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. Corrected to: "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
(IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)
2004 Feb 27, Wave Systems Corp. announced its EMBASSY(R) Trust Suite software will be demonstrated in Booth 311 at IBM PartnerWorld 2004, February 29 - March 3, at the Mandalay Bay Resort Hotel and Convention Center, Las Vegas, NV.
(IHUB, #31991, 2/27/04)
2004 Aug 31, Wave Systems Corp. today announced its EMBASSY(R) Trust Suite and EMBASSY(R) Trust Server software will be demonstrated at IBM Partner Summit 2004, August 31 – September 2, at the Science Park, Lindholmen, Goteborg, Sweden.
(IHub #52106, 8/31/04)
2004 Oct 27, NTT DoCoMo, Inc., Intel Corporation and IBM released a security specification called "Trusted Mobile Platform." The specification can help make advanced mobile-commerce services such as electronic tickets and e-wallets for online purchases more secure and help protect against viruses and other software attacks.
(IHub #56401, 10/27/04)
Walter Mossberg in today's WSJ listed what he believed were important factors that buyers should consider in purchasing a new PC in view of Microsoft's "next version of Windows, called Vista."
It was a perfect opportunity to call for a PC equipped with a TPM, but alas no mention was made.
I think he should be inundated with e-mails: mossberg@wsj.com that politely inform him of this major faux pas.
2005 Apr 25, In its Version 3.0, Revision Draft 0.51, dated April 25, 2005, Microsoft has required TPM version 1.2 in its draft Longhorn operating system hardware requirements for logo compliance for "Gold" level business PCs. Wave believes that a significant percentage of the approximately 150 million-unit PC market will include TPMs by December 2006, which is Microsoft's stated launch date for Longhorn.
(http://biz.yahoo.com/e/050510/wavx10-q.html)
Jim Cramer is using his negative e-mail as a market indicator for at least a near term turnaround for the market by Friday, especially in the technology sector. This bodes well for buying WAVX, which in view of WAVX's projected future, sits at a likely low never to be seen again.
Call Cramer or send him an e-mail asking about the best way to play the emerging TPM-PC security market.
I suspect he just meant that news had already been posted earlier.
Alvarion Ltd. (NASDAQ:ALVR), the world's leading provider of wireless broadband solutions and specialized mobile networks, today announced that multiple operators, through Alvarion's local partners, have purchased its WiMAX-ready platform, BreezeMAX 3500, to conduct 11 WiMAX trials across Italy--the most of any vendor participating in the program. Pilot systems are now operating in Milan, Rome, Arezzo, Piedmont, Val d'Aosta, Sardinia, Abruzzo, Sicily and Parma with the trials scheduled for completion by the end of this year. The Ugo Bordoni Foundation, a research center chosen by the Italian Communications Ministry to conduct WiMAX field trials across Italy, is responsible for handling the pilots and selecting the proposals.
"We are delighted to be building on our already strong presence in Italy in helping to develop the Italian WIMAX market," said Tzvika Friedman, CEO of Alvarion. "Our strong local relationships, numerous commercial deployments of broadband wireless systems throughout Europe, and our more than 100 installations of WiMAX-ready networks worldwide were key factors in being selected for the most pilot networks of any vendor. We look forward to WiMAX spectrum allocations in Italy in the near future."
BreezeMAX(TM) is Alvarion's WiMAX-ready platform, which was designed from the ground up according to the IEEE 802.16-2004 standards using OFDM technology for advanced non-line-of-sight (NLOS) functionality. Its carrier-class design supports broadband speeds and quality of service (QoS) to enable carriers to offer multiple broadband voice data and services to thousands of subscribers in a single base station. Since its launch in mid-2004, BreezeMAX has been successfully deployed in over 100 installations throughout more than 30 countries around the world.
From the beginning, Alvarion has been at the forefront of broadband wireless standards serving as both a founding and board member of the WiMAX Forum(TM), as well as having several of its employees holding executive positions in the organization. In addition to numerous BreezeMAX deployments worldwide, Alvarion has achieved many industry milestones, including having the first commercially available WiMAX CPE using the Intel(R) PRO/Wireless 5116 WiMAX chip.
WiMAX stands for Worldwide Interoperability for Microwave Access, a technology based on the IEEE 802.16 air interface standard and the ETSI HiperMAN wireless metropolitan area network (MAN) standard. WiMAX technology has the capacity to deliver sufficient bandwidth to enable triple-play applications, including high-speed data, toll-quality voice and multimedia content.
TEL AVIV, Israel--(BUSINESS WIRE)----Alvarion Ltd. (NASDAQ:ALVR), the world's leading provider of wireless broadband solutions and specialized mobile networks, today announced that it won two prestigious industry awards for both its contribution to WiMAX development and its BreezeMAX, a WiMAX-ready platform. Awards were received in the past week from World Communications Awards and Infovision, respectively.
At its annual ceremony on October 3, 2005 in London, World Communications Awards (WCA) bestowed the title of "Best Technology Foresight" to Alvarion for its market leading BreezeMAX system and important role in the development of WiMAX. Other telecom leaders honored at the event included France Telecom, Orange, and British Telecom Global Services. The WCA defines its objective selection of winners as recognizing outstanding achievements by telecom providers at global, regional and national levels. The Best Technology Foresight category is open to all fixed and mobile operators and service providers, as well as equipment vendors and developers of software solutions. It is awarded to the individual or organization that has shown the greatest foresight in developing or fostering the development of a technology to deliver or receive communications services via carrier networks.
Alvarion received the Infovision Awards the following day during the IEC Broadband World Forum that was held at the Palacio de Municipal de Congresos in Madrid, Spain. Again, Alvarion's BreezeMAX system received the award, this time in the Wireless Broadband category. Others receiving awards included global companies such as Alcatel, Deutsche Telecom, Microsoft, and France Telecom. The InfoVision Award program objectively recognizes technologies, applications, products, advances, and services viewed as making the greatest contribution to the telecommunications industry. With hundreds of submissions and only two winners in each of the eight categories, the highly-coveted awards gave tribute to those catalyzing positive change in technology, business, and academia, completely in line with the IEC's mission.
BreezeMAX(TM) is Alvarion's WiMAX-ready platform, which was designed from the ground up according to the IEEE 802.16-2004 standards using OFDM technology for advanced non-line-of-sight (NLOS) functionality. Its carrier-class design supports broadband speeds and quality of service (QoS) to enable carriers to offer multiple broadband voice data and services to thousands of subscribers in a single base station. Since its launch in mid-2004, BreezeMAX has been successfully deployed in over 100 installations throughout more than 30 countries around the world.
From the beginning, Alvarion has been at the forefront of broadband wireless standards serving as both a founding and board member of the WiMAX Forum(TM), as well as holding several executive positions in the organization. In addition to numerous BreezeMAX deployments worldwide, Alvarion has achieved many industry milestones, including having the first commercially available WiMAX-ready CPE using the Intel(R) PRO/Wireless 5116 WiMAX chip.
WiMAX stands for Worldwide Interoperability for Microwave Access, a technology based on the IEEE 802.16 air interface standard and the ETSI HiperMAN wireless metropolitan area network (MAN) standard. WiMAX technology has the capacity to deliver sufficient bandwidth to enable triple-play applications, including high-speed data, toll-quality voice and multimedia content.
About Alvarion
With more than 2 million units deployed in 130 countries, Alvarion is the worldwide leader in wireless broadband, providing systems to carriers, ISPs and private network operators, and also in extending coverage of GSM and CDMA mobile networks to developing countries and other hard to serve areas.
Leading the WiMAX revolution, Alvarion has the most extensive deployments and proven product portfolio in the industry covering the full range of frequency bands with both fixed and mobile solutions. Alvarion's products enable the delivery of business and residential broadband access, corporate VPNs, toll quality telephony, mobile base station feeding, hotspot coverage extension, community interconnection, public safety communications, and mobile voice and data. Alvarion works with several global OEM providers and more than 200 local partners to support its diverse global customer base in solving their last-mile challenges.
As a wireless broadband pioneer, Alvarion has been driving and delivering innovations for more than 10 years from core technology developments to creating and promoting industry standards. Leveraging its key roles in the IEEE and HiperMAN standards committees and experience in deploying OFDM-based systems, the Company's prominent work in the WiMAX Forum(TM) is focused on increasing the widespread adoption of standards-based products in the wireless broadband market and leading the entire industry to mobile WiMAX solutions.
For more information, visit Alvarion's World Wide Web site at www.alvarion.com
As those of little faith sell, those with great faith buy. I see a bright future for both HRCT and FLTL.
Perhaps its time for you to move on another investment where you feel more comfortable. I feel fine on the progress Carrie has made and continue to acquire shares with a focus on the Olympics in 2008.
Much that was said has come true. Litigation ended, FLTL was spun off. New auditing was put into place. Non-profitable partners were dropped. This has been a transitional period. I came away from the meeting excited about management strength and direction and did not expect an immediate rise in SP. That will come in due time and I believe my patience and share acquisitions in this price price range will be well-rewarded.