NextNet CEO Invited to Speak at Red Herring Fall Conference;
Red Herring to Unveil Top 10 Industry Trends for 2004
MINNEAPOLIS and MOUNTAIN VIEW, CA - December 4, 2003 -- NextNet Wireless, the industry's most widely deployed provider of non-line-of-sight (NLOS) broadband wireless access systems, announced today that NextNet President and CEO Guy J. Kelnhofer has been invited to speak at the Red Herring Fall Conference, December 8-10, in Monterey, CA. The 3-day event focuses on emerging technologies that are moving center stage, shaping the future today. As part of the conference, the Red Herring editorial team will unveil the "Top 10 Industry Trends" for 2004, highlighting technologies that are disrupting existing markets, and attracting significant investment. Kelnhofer will discuss NextNet's Expedience™ NLOS plug-and-play broadband wireless access system, and U.S. and international market growth and expansion, including the world's largest NLOS deployment in Mexico City, covering 67 million potential subscribers.
"Red Herring has invited a select group of the most exciting new companies to provide insights into their technologies at this industry event," stated David Dolnick, Red Herring Fall Editorial Director. "The showcase creates an opportunity to catch a glimpse into the future, and the impact that companies like NextNet will have on business and the bottom line, before it happens. Our focus is on the people and companies that are taking wing, pushing the edge of technology-driven innovation, and reshaping the world, using smart ideas for competitive advantage," Dolnick added.
"NextNet is honored to be a part of Red Herring's showcase of technology leaders," stated Guy Kelnhofer, NextNet President and CEO. "We are extremely pleased with our global market traction, and the industry momentum we see building for 2004. We look forward to announcing several new operator partners and commercial deployments in the coming quarter," Kelnhofer added.
NextNet's advanced NLOS Expedience system is currently deployed in cities throughout Asia, Africa, North America, Latin America, Mexico and the Caribbean. The company's OFDM-based NLOS system is an IP-based network that supports delivery of all IP-compatible broadband applications. These applications include the delivery of both voice and data services, such as IP telephony, and video streaming and conferencing. The flexible OFDM-based platform delivers consistent broadband speeds across NLOS cell ranges of up to 30 km, using indoor, plug-and-play (self-installable) subscriber units, as well as convenient outdoor (bracket-mount) NLOS subscriber units. The Expedience base station weighs just 16 kg, and mounts easily to a pole, tower, building rooftop or standard indoor rack. NextNet products are available to address the needs of residential, SOHO, SME, and MDU markets today.
For more information on NextNet commercial installations in urban, suburban and rural locations, please contact sales@nextnetwireless.com.
About Red Herring, Inc.
Red Herring founded in 1993, is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. Its award-winning journalists tell readers what's first, what matters, and most importantly, why. Red Herring journalists, research specialists and newsletter editors investigate on a global basis and report how the world of innovation and entrepreneurship are transforming business, as well as how the business of technology is transforming the world. Red Herring provides a deep understanding of venture capital and capital markets. The company recognizes that innovation primarily comes from entrepreneurs, but that success comes from a combination of innovation, management, money, strategy and execution. Red Herring takes all these factors into consideration when evaluating the potential of companies and technologies to succeed. Since no company exists in a vacuum, Red Herring takes into account the entire competitive landscape of companies of all sizes.
Red Herring is dedcated to thorough research, relevant metrics, deep financial analysis, in-depth reporting, crisp writing and thoughtful debate. Red Herring analysts are a skeptical, intelligent and trustworthy source of information in technology business. The company's primary obligation is to provide the most relevant, honest and independent information and analysis to Red Herring's audience, with the conviction that an exceptional editorial product is the best catalyst for success and the best way to serve its advertisers and investors. Red Herring content is original, compelling and actionable for industry executives and entrepreneurs. A privately held company, Red Herring, Inc. is headquartered in Mountain View, California. For more info visit www.redherring.com.
About NextNet™ Wireless, Inc.
NextNet Wireless is the industry's most widely deployed provider of non-line-of-sight (NLOS) plug-and-play broadband wireless access systems. NextNet's OFDM-based Expedience™ system provides telecommunications carriers with turnkey solutions for rapid, low-cost deployment of high-speed, two-way
voice and data services over the "last mile" of the communications network. The Expedience system is deployed in over 20 markets globally, including the world's largest NLOS plug-and-play deployment in Mexico, covering 67million potential business and residential subscribers nationwide. NextNet is the recipient of seven industry technical awards for delivering NLOS service to unserved and underserved urban, suburban and rural markets. NextNet's primary investors include Craig O. McCaw, DCM-Doll Capital Management, Enterasys (NYSE: ETS) (formerly Cabletron Systems), Globespan Capital Partners, Star Ventures and others. Contact: Barbara Heine, Director, Marketing Communications; heineb@nextnetwireless.com; Tel: 952-967-1116; Fax: 952-929-4080 or visit www.nextnetwireless.com.
