LightPointe and GCI Science & Technology Sign Multi-Million Dollar Agreement to Pursue Huge China Market for Wireless Backhaul Solutions
Initial Wireless Bridge Sales Commitments Already Hit US$1 Million Mark, as Two Companies Exhibit at PT/EXPO COMM China
(firmenpresse) - BEIJING and SAN DIEGO, CA -- (Marketwire) -- 09/18/12 -- LightPointe, the number one manufacturer of point-to-point Gigabit capacity FSO wireless bridges, and the leader in low latency 60 GHz small cell and 80 GHz backhaul radios used for broadband transmission, announced that it has signed an agreement with GCI Science & Technology Co., Ltd. (Shenzhen stock exchange 002544: CH), which was formerly known as the civil communication division of the 7th Research Institute of China Ministry of Information Industry. The announcement of the venture coincides with the PT/EXPO COMM China 2012 tradeshow in Beijing, China, which runs from September 18th through 22nd. Under terms of the agreement, GCI has committed to purchase and distribute LightPointe's 4th generation Free Space Optics and millimeter wave e-band 4G/LTE backhaul radios in China.
"We are excited that a major public corporation in China, recognized as one of the leaders in CDMA and GSM mobile telecom products and services, has selected LightPointe technology for roll out to key enterprise and 4G carrier customers," said Heinz Willebrand, president & CEO for LightPointe. "With a market cap of over CNY$2 billion, experience in telecom manufacturing, system engineering, distribution, and broadband network deployment, GCI is well positioned in China and already has key relationships with such leading companies as China Mobile, China Unicom and China Telecom. China's huge population, which includes over one billion mobile subscribers, presents a challenge to broadband infrastructure providers and a tremendous opportunity for companies such as GCI to provide world-class products and deployment services. With sales commitments already reaching the million dollar level, I'm confident that LightPointe and GCI will enjoy a long and mutually beneficial strategic relationship in China."
"GCI Science & Technology is dedicated to providing telecom carriers and businesses the state-of-the-art in information technology, as well as excellent installation and support services through our network of offices located throughout China," said Mr. Qiyue He, president of GCI. "After a thorough review of available wireless backhaul technology partners, and numerous meetings with both Free Space Optics and millimeter wave companies in the United States, we chose LightPointe due to their broad range of point-to-point wireless bridges, their performance and feature advantages, quality U.S. and Germany components, and leadership position in many parts of the world. GCI's excellent regional presence and successful record of 3G and 4G network products and services -- combined with LightPointe's unsurpassed range of wireless Gigabit capacity bridges -- will provide improved broadband infrastructure for carriers, and enhanced connectivity for the people of China."
LightPointe, which is headquartered in San Diego, California, is the only manufacturer in the world producing all three of the leading wireless bridge technologies, including bridges, and industry-exclusive and patented hybrid optical-radios, which combine the advantages of laser transmission with RF backup for up to 99.999% reliability. The company's point-to-point solutions are designed for enterprise building connectivity and for 4G/LTE carriers in their infrastructure. LightPointe's optical laser bridges utilize fourth generation 850 nm wavelength technology, which operates much cooler, lasts longer, uses less energy and provides better performance than first generation 1550 nm laser bridges. LightPointe's wireless FSO bridges also provide the lowest latency Gigabit capacity transmission of any wired or wireless products on the market -- at less than 20 nanoseconds equipment latency, which is better than fiber optics.
"Wireless backhaul equipment manufacturers and system integrators are well positioned to help carriers enhance their network infrastructure," said Adlane Fellah, CEO & founder of Maravedis Research. "The point-to-point backhaul market should hit $7 billion within the next five years, riding the wave of small cell build-outs and migration to Ethernet/IP."
At PT/EXPO COMM China, GCI and LightPointe are exhibiting in booth 6010. PT/EXPO COMM, also known as the China International Exhibition, is Asia's largest communications tradeshow. EXPO COMM also has shows in Russia, Korea, Mexico, Japan and Italy.
LightPointe is a San Diego-based manufacturer of wireless Gigabit capacity bridges for enterprise and 4G/LTE carrier markets, including small cell backhaul. Its AirePointe division () also delivers wireless solutions to the government sector and security industry. LightPointe is majority owned by Berg & Berg Enterprises, LLC, the US$550,000,000 private venture arm of a Silicon Valley entrepreneur who is consistently listed on the Forbes list of billionaires. The company's interests include Mission West Properties (NASDAQ) and over 100 investments in chip, software and technology companies including Amdahl, Sun Microsystems and Integrated Device Technologies.
GCI, which was founded in 2000, is a leading manufacturer and integrator of telecommunications and electronics products including GSM/CDMA repeaters, SCADA equipment, antennas, PCBs, WLAN products, ADSL modems, video displays and telemetry devices. In addition to providing such hardware solutions, GCI also provides services in the areas of software systems, automation, billing management, public security/safety systems, repeater network management, and communication network design, engineering and construction. The company is headquartered at the Guangzhou Communication Institute.
Todd Easterling
Easterling Group / LightPointe
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Datum: 18.09.2012 - 07:00 Uhr
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