GGBM's news- GigaBeam Launches New Product
Tuesday June 19, 10:40 am ET
Low Priced 100 Megabit-per-second Licensed Access Product
HERNDON, Va.--(BUSINESS WIRE)--GigaBeam Corporation (NASDAQ:GGBM - News) announced today that it is launching a 100 Megabit-per-second (Mbps) WiFiber® wireless fiber product in the licensed 70/80GHz wireless spectrum. This new product is based on the current G-Series radio architecture which has been field proven for the past two years.
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The new G-Series100 Mbps product is to be upgradeable to the G-Series 1.25Gbps product with a software download to be provided by GigaBeam. This new product offering is expected to create a significant market opportunity for the Company. Previously, the Company's product line was only focused on providing transport wireless connectivity to establish infrastructure networks across metro areas, and, to provide ultra high speed connectivity between two locations. The Company has recognized that in conjunction with deployments of its WiFiber® transport product, there have has been a significant number of lower speed microwave links deployed by its customers to provide access to the WiFiber® transport infrastructure created using the Company's WiFiber® product. This new100 Mbps product is intended to be an alternative technology to, and in lieu of, microwave access links. The Company believes that, even though its 1.25Gbps product drives this access market opportunity, there is greater demand, in terms of number of links, for the 100Mbps product. The Company expects a substantial demand for this 100 Mbps product because it will be significantly lower in price than the G-Series 1.25Gbps product (comparable in price to microwave products), compatible with 100 base-T lower priced switch hardware and rapidly scalable to a gigabit-per-second speed product with a software upgrade. In addition, the spectrum price for a point-to-point licensed link in the 70/80 Gigahertz spectrum is only a few hundred dollars for a 10 year term.
Lou Slaughter, GigaBeam's Chairman and CEO, stated, "We are pleased to announce this new product launch. We have invested extra time and money to create a system architecture that now allows us to sell software features to enhance our platform of wireless products. While we continue with our product development program to increase the speed of our products to 2.5Gbps and then 10Gbps, it is clear from market feedback that there is significant demand for 100Mbps solutions. We believe that with a competitive price for the 100Mbps product, we will be able to participate successfully in the larger 100Mbps marketplace. And, with a low cost upgrade to Gigabit speed Ethernet we will be able to demonstrate real scalability which addresses customer's immediate needs and gives them a growth path to higher data rates when required."
GigaBeam WiFiber® products operate in the 71-76 GHz and 81-86 GHz upper millimeter wave spectrum bands. This portion of the spectrum has been authorized by the Federal Communications Commission and the European Conference of Postal and Telecommunications Administrations (CEPT) and certain other countries for licensed wireless commercial use. Use of these frequency bands for commercial use was pioneered by GigaBeam's founders.
GigaBeam's technology, utilizing these large blocks of contiguous spectrum, enables multi-Gigabit-per-second communications through use of Gigabit Ethernet and other standard protocols. The current speed achieved by GigaBeam's WiFiber® G-1.25 product series, prior to introduction of the 100 Mbps product, is full duplex at One Hundred Megabits-per-second software scalable to one Gigabit-per-second (equivalent to 647 T1 lines or 1,000 DSL connections) which supports GigE protocol. GigaBeam previously announced its WiFiber® G-2.7 series, to be released in the second half of 2007, and which is designed to operate at 2.7 Gbps. The protocols to be supported by the G-2.7 product series include 2 x GigE (2 x 1 Gbps); OC-48 / STM-16 (2.48 Gbps); SMPTE 292M (1.48 Gbps), ADS/Digivance, and both 1 and 2 Gbps Fiber Channel (2 x 1 Fiber Channel OR 1 x 2 Fiber Channel). GigaBeam also plans deployment of future products capable of 10 Gigabits-per-second utilizing either the 10 Gigabit Ethernet or OC-192 protocol standards.
GigaBeam's WiFiber® technology is similar to terrestrial fiber in terms of speed and reliability. WiFiber® has a substantial advantage over terrestrial fiber because WiFiber® can be rapidly deployed and costs less to deploy than terrestrial fiber. Terrestrial fiber can take months to deploy and also require significant regulatory and environmental approvals prior to installation.
About GigaBeam Corporation
GigaBeam is a provider of high-performance wireless point-to-point communications transport and access solutions that operate in the licensed 71-76 GHz and 81-86 GHz radio spectrum bands. GigaBeam equipment operates at multi-gigabit-per-second speeds. GigaBeam Corporation headquarters is located at 470 Springpark Place, Suite 900, Herndon, VA 20170. For more information, visit www.gigabeam.com.
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