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Gartner Energy & Utilities IT Summit to Feature Vyyo Case Study on Private Wireless Solutions for Utility Industry30 November 2005
Vyyo Inc. (Nasdaq: VYYO), a global supplier of broadband access equipment for cable and private wireless broadband network solutions, today announced that Mike Ritter, Ph.D., Chief Technology Officer and Senior Vice President of Marketing, will be presenting a case study of wireless automation solutions for the electric utility industry at the Gartner Energy & Utilities IT Summit 2005 next month. During the December 5th through 7th conference at the Gaylord Palms(TM) Resort and Convention Center in Kissimmee, FL, Dr. Ritter will discuss the successful deployment of Vyyo's wireless solution by Northern Electric Cooperative, a South Dakota provider of electricity and broadband Internet services. Northern Electric is using the Vyyo Utility Solution to enable low latency, real time SCADA (Supervisory Control And Data Acquisition) monitoring, enterprise monitoring and the delivery of commercial broadband services. Vyyo has developed an end-to-end wireless solution for utility providers that uses 700 MHz licensed spectrum to provide greater efficiency by replacing legacy dial-up monitoring with cost-effective high-speed wireless data services. Vyyo's technology is designed to enable accurate, real time assessment of consumption, allowing the reduction of excess power generation or reallocation of power generation. In addition, the Vyyo solution is designed to allow utility customers to generate additional revenues using the same technology by providing high-speed Internet services to rural commercial and residential subscribers. "The advanced wireless technologies that are being deployed by forward- thinking companies like Northern Electric can deliver positive economic results for utilities at several levels," said Dr. Ritter. "In addition to increasing monitoring efficiency and enabling more efficient generation of power, our solution allows our customers to create entirely new revenue streams by bringing broadband services to previously unserved or underserved areas of the country." Dr. Ritter joined Vyyo in July 2004, after having served as CTO of MetroFi Inc., a wireless service provider start-up, and of Mobility Networks. Previously, Dr. Ritter was with Metricom Inc., where he rose from director of software engineering to CTO, and was manager of open systems development at Apple Computer, Inc. He also has held various consulting and research positions at ON World Inc., Avide Wireless, Inc., ChainCast Networks, Inc., Ricochet Networks, Inc., AdStrata LLC, Lockheed Space and Missiles Co., Sun Microsystems, Inc., Stanford University and Lawrence Livermore Laboratories and was a visiting staff member at Los Alamos National Laboratories. About Vyyo Inc. and Xtend Networks, a Vyyo company Vyyo provides cable and wireless broadband access solutions. Our products are designed for use by utilities, cable television and telecommunication operators, wireless internet service providers ("ISPs") and enterprise. Our wireless broadband solutions enable utilities and other customers to operate private wireless networks for communications to their remote assets and customers. Typical applications include high speed internet services, SCADA (Supervisory Control And Data Acquisition), voice over internet protocol ("VoIP") and telephony ("T1/E1"), all based on our modified Data Over Cable System Interface Specification ("DOCSIS(R)") technology. Our cable system spectrum overlay solutions are designed to expand cable operators' typical HFC (hybrid-fiber coax) network capacity in the "last mile" by up to 2x in the downstream and up to 10x in the upstream, addressing bandwidth demand for T1and other advanced services. For more information, please visit http://www.vyyo.com. Safe Harbor Statement Statements made in this press release relating to the future, including those related to our ability to provide cost-effective, state-of-the-art wireless networks and the revenue streams that may become available to customers through the use of our products, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our business and results of operations to differ materially from those expressed or implied by such forward-looking statements. Risks that may cause these forward-looking statements to be inaccurate include among others: whether we will be able to move from the development stage to deployment and establish commercial relationships with cable system operators, whether we will be able to successfully produce our wireless systems and whether such systems will be adopted and deployed by utilities and other customers; the current limited visibility available in the telecommunications and broadband access equipment markets; the willingness and ability of operators to adopt our new technology and apply it in a manner that meets customer demands; our ability to produce and distribute our broadband wireless and spectrum overlay products in the quantities, and with the quality control, desired by the market; and other risks set forth in Vyyo's annual report on Form 10-K for the year ended December 31, 2004, Vyyo's quarterly reports on Form 10-Q and other reports filed by Vyyo with the Securities and Exchange Commission from time to time. Vyyo assumes no duty to update these statements. NOTE: All trademarks mentioned herein are the property of their respective owners.
Source: PR Newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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