PureWave Networks leading edge dynamic beamforming mobile WiMAX systems commercially available to market
Mountain View, CA September 25, 2007 — PureWave Networks, the world’s leading provider of advanced antenna system mobile WiMAX broadband solutions, today announced that it has closed its Series A funding round with top tier Venture Capital support from Allegis Capital, BGV, Lightspeed Venture Capital, and private investors. Closing of the round coincided with the public launch of PureWave Networks web presence at www.pwnets.com.
PureWave Networks combines key technologies to provide cost-competitive, advanced WiMAX solutions. Our base station has a state of the art architecture that provides scalability and flexibility. Our solution is on target for WiMAX Wave-2 compliance in the Fourth Quarter this year. PureWave Networks solutions employs advanced multi-antenna concepts that greatly improve capacity coverage and range performance. We employ advanced scheduling concepts and network layer integration that make large network throughputs a reality today. If you are concerned about spectral efficiency, latency, system gain, or a reliable user experience, contact us for more information about what a PureWave Networks WiMAX solution can do.
“PureWave Networks has assembled a world-class team of wireless-industry professionals for its leadership team and we are excited at the breadth of market opportunity WiMAX is already demonstrating. We are delighted to have the support of such an excellent team from the Venture community and we are convinced that our beamforming mobile WiMAX solution is quite simply the best-in-breed among competitive WiMAX solutions on the market today”, said Gideon Ben-Efraim, PureWave Networks CEO and Chairman. “We have ambitious plans to quickly make our systems commercially available directly to customers and key Channel partners.”
PureWave Networks base station infrastructure complies with IEEE 802.16e-2005 Wave 2 standards and uses OFDM and SDMA technology for advanced non-line-of-sight functionality. Its carrier-class design supports broadband speeds and quality of service, enabling carriers to offer triple play broadband services to thousands of subscribers via a single base station.
About PureWave Networks
PureWave, a Silicon Valley Company, aims to be the world’s leading supplier of high-performance WiMAX base-stations supporting standard WiMAX Wave 2 subscriber devices, enabling delivery of quadruple-play services (Voice, Video, Data, Mobile) at a cost comparable to DSL and Cable. Established in 2003, PureWave Networks develops ultra high-performance, carrier-class WiMAX 802.16e base-station equipment. PureWave Networks’ WiMAX technology is a multi-beamforming approach that delivers significantly higher capacity and coverage than the competition. Furthermore, PureWave Networks employs a software-radio approach which assures that systems built for today’s world can be easily upgradeable in the future. PureWave Networks is committed to the WiMAX standard and has the concentration of purpose and passion for excellence to enable customers to realize the promise of Mobile WiMAX and associated technologies.
PureWave Networks is a member of WiMAX Forum, a cooperative industry initiative which promotes the deployment of broadband wireless access networks by using a global standard and certifying interoperability of products and technologies.
PUREWAVE NETWORKS is a trademark of PureWave Networks Inc. All rights reserved 2007. All other trademarks are property of their owners.