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A little more info, Re Ben's EAG
Gwenn
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From: "GWENAEL GAUTIER, CAISSE DES DEPOTS ET" <GGAUTIER@xxxxxxxxxxxxx>
Subject: (BUS ) Eagle Wireless International Announces Wireless DSL
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Eagle Wireless International Announces Wireless DSL
2/11/0 11:36 (New York)
Capabilities for Its Convergent Set-Top-Box; Eagle
Targets Markets Beyond Wired DSL Distances
Business/Technology Editors
LEAGUE CITY, Texas--(BUSINESS WIRE)--Feb. 11, 2000--Eagle
Wireless International (OTC BB:EGLW) today announced that it has
developed a wireless DSL capability for its family of Convergent
Set-Top-Boxes (CSTB). The new capability allows any of the set-top-box
products to receive and transmit broadband data at transmission speeds
of up to 11 mbps. It also doubles typical wired DSL distances by using
broadband wireless technology instead of conventional telephone,
fiber, or cable connections. This broadband wireless technology
utilizes a combination of Eagle technology and Lucent technology and
operates in the 2.4-2.5 GHz spread spectrum band on industry standard
formats.
Dr. H. Dean Cubley, president and chief executive officer of
Eagle Wireless, said, "I am pleased to announce Eagle's entry into
this new business area as I believe that wireless technology can
reduce the limitations being encountered by many current broadband
deployments. Currently wireline telephone companies have to limit
their DSL deployment to distances of thousands of feet from the
central office switch location. This current limitation greatly
reduces the number of customers that can receive DSL services today.
Cable companies are not constrained by this distance limitation but
face certain loading limitations due to the shared nature of the
service. Eagle currently provides set-top-box products that will work
equally well with telephone company DSL, cable DSL, and wireless ISP
DSL. Eagle believes that any customer should be able to participate in
the current information and multimedia revolution without regard to
where he or she happens to live. Today the number of customers that
live outside DSL distances far exceeds those that can receive service
and represents a multibillion dollar market that is largely untapped.
Eagle will provide the wireless product for both the wireless ISP as
well as the end user that will allow the DSL footprint to be quickly
extended to cover all but the most distant customers.
"Multimedia Week reports that the estimated number of wireline
DSL and cable DSL connections combined in U. S. homes in the year 2000
will only total 2.6 million households while the total number of
Internet users is estimated to be 128.9 million. By the year 2003 the
combined DSL population is projected to be 20.8 million households
while the total U. S. Internet user population would have grown to
178.7 million. Dr. Cubley added, "This independent industry analysis
indicates to me that the market for other competing technologies like
wireless DSL is likely to be one of the fastest growing areas of
broadband technology. I do not believe that the U.S. user is going to
be content to simply sit back and wait for years for the broadband
revolution to reach his doorstep in the form of conventional DSL. With
its wireless background, Eagle Wireless is well equipped to become a
major participant in this exciting new marketplace."
Dr. Cubley went on to say, "The Eagle Wireless Convergent
Set-Top-Box broadband DSL interface is unique in that it is designed
to accommodate standard telephone or cable DSL modems and may also
simultaneously support the full Eagle wireless broadband DSL or
"wireless Ethernet" capabilities. The significance of this feature is
that a single telephone or cable DSL broadband source to a home,
office, or factory may be distributed wirelessly by the Convergent
Set-Top-Box over the entire facility to other computer or set-top-box
users without the necessity of wires, thus providing the ultimate in
flexibility and cost reduction. An alternate configuration could link
entire communities together wirelessly with one broadband cable or
fiber source being utilized for the entire community. Eagle has
designed certain of its Set-Top-Box models specifically for this type
of hybrid wired/wireless convergence market and expects to capture
early market share through aggressive marketing and strategic
partnering relationships."
Eagle Wireless International, Inc., and its subsidiaries, are
leading suppliers of broadband wired and wireless equipment and
services for the Internet, Multimedia Set-Top-Box, one- and two-way
wireless messaging, specialized mobile radio (SMR), remote data
acquisition and meter reading, and Integrated Wired and Wireless
Convergence product markets. The company is headquartered in League
City, Texas, near the NASA Johnson Space Center south of Houston.
Further news updates on Eagle and its products are available at
www.eglw.com, www.broadbandmagic.com, www.otcfn.com/eglw and
www.charterbridge.net.
Forward-looking statements in this release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including, without
limitation, continued acceptance of the Company's products, increased
levels of competition, new products and technological changes, the
Company's dependence upon third-party suppliers, intellectual property
rights, and other risks detailed from time to time in the Company's
periodic reports filed with the Securities and Exchange Commission.
--30--kc/bos*
CONTACT: Eagle Wireless International, Inc.
Clareen O'Quinn, Investor Relations
800-628-3910
281-538-6000
coquinn@xxxxxxxx
or
OTC Financial Network
Mario "Ike" Iacoviello, Investor Relations
800-649-0983
760-931-9211
ike@xxxxxxxxx
or
Charterbridge Financial Group
Eric Horton, Investor Relations
619-696-8000
ehorton@xxxxxxxxxxxxxxxxx
KEYWORD: TEXAS
INDUSTRY KEYWORD: TELECOMMUNICATIONS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
-0- Feb/11/2000 11:21
EOS (BUS) Feb/11/2000 11:21 85
-0- (BUS) Feb/11/2000 11:36
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