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Wavesat Receives Strategic Investment From SK Telecom Email
Wavesat Receives Strategic Investment From SK Telecom

SK TELECOM LEADS WAVESAT FINANCING ROUND

Montreal, Canada – November 6, 2006 – Wavesat, a leading supplier of WiMAX chipsets and software, announced it has completed a significant round of funding led by SK Telecom, a global leader in providing mobile voice and data services. The financing round, which also included participation from existing investors, will be used to accelerate the introduction of Wavesat’s upcoming UMobile™ family of full mobility WiMAX/WiBro solutions for the cellular handset market.  This will complement Wavesat’s existing leadership products for the fixed and nomadic (laptop) WiMAX markets, enabling Wavesat to provide best-in-class solutions for each WiMAX segment. 

The funding round is expected to take Wavesat to profitability and follows a very successful year in which Wavesat grew revenue by nearly 300% percent, formed strategic partnerships with several industry leaders, received more than 30 design wins worldwide, and secured WiMAX Forum Certification for its WiMAX product portfolio.

“After looking at many semiconductor suppliers, we are pleased to extend our existing development partnership with Wavesat into an equity investment in the Company”, said Dr. Sean Sehyun Oh, CTO of SK Telecom.  “We are convinced that Wavesat will be a leader in the WiMAX/WiBro market.”

“We were overwhelmed with the positive and enthusiastic interest from the venture community,” said Michel Guay, President and CEO of Wavesat. “The fact that SK Telecom, the leading mobile service provider in Korea, led our financing round is a tremendous validation of our leading position and unique expertise with both fixed and mobile WiMAX standards. We believe this round will enable us to maintain our leadership position in WiMAX, accelerate our product roadmap, and achieve profitability.”


Wavesat WiMAX Portfolio

Wavesat was the first company to receive WiMAX Forum certification for its CPE design earlier this year. Wavesat's award-winning WiMAX product portfolio supports both base stations and subscriber units at both licensed and license-exempt radio frequencies. Wavesat provides a full-range of standards-based integrated circuits, software, and development platforms supporting WiMAX 802.16-2004 certification and designed for upgradeability for basic mobility. Featuring the industry's only WiMAX Mini-PCI card and chosen by ODMs and OEMs worldwide, Wavesat’s WiMAX portfolio provides effective wireless connectivity for a wide range of network sizes and coverage from urban to rural applications.

Wavesat provides solutions for each WiMAX market segment including:
• Fixed (access points, backhaul, DSL extensions) using its 802.16-2004 OFDM solutions
• Nomadic (high-speed connectivity for laptop mobility) with its 802.16-2005 OFDM Evolutive™ products
• Full mobility (cellular applications) with its upcoming 802.16-2005 sOFDMA UMobile™ WiBro/WiMAX product family




About Wavesat

Wavesat is a privately held fabless semiconductor company developing WiMAX chipsets, software and reference designs, enabling OEMs and ODMs to be first to market with high performance and cost effective WiMAX compliant solutions. Wavesat provides solutions for each WiMAX market segment: from backhaul to DSL extension with 802.16-2004 Fixed OFDM solutions; to high speed connectivity for laptop mobility with 802.16e OFDM Evolutive™ products; to full mobility with the upcoming 802.16e sOFDMA UMobile™ product portfolio for WiBro/WiMAX applications.

NOTE: ALL REGISTERED AND UNREGISTERED TRADEMARKS MENTIONED IN THIS RELEASE ARE THE PROPERTY OF THEIR RESPECTIVE OWNERS.




For more information

Wavesat

Isabelle Pilon
Marketing Communications Specialist
Tel. 514.684.0200, ext.388
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.

Media Relations, Capital-Image Inc.
Yvon Desautels
Tel 514.739.1188, ext. 22
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.
 
HCL successfully integrates HCL Wi-Express solution with Wavesat’s platform to develop DragonMAX BSMX-35 for WITELCOM AS Email
HCL successfully integrates HCL Wi-Express solution with Wavesat’s platform to develop DragonMAX BSMX-35 for WITELCOM AS

HCL Wi-Express has helped WITELCOM to develop embeddable WiMAX base station – an affordable, high-quality product ideal for WiMAX deployments

Sunnyvale, CA – October 25, 2006 – HCL Technologies Ltd. (“HCL”), India’s leading global IT services company today announced that its HCL Wi-Express solution has been successfully integrated with Wavesat’s platform to develop the DragonMAX BSMX-35 product for WITELCOM AS. While, WITELCOM AS is a worldwide access and solution provider for Internet Service Providers (ISPs), Wavesat is a privately held fabless semiconductor company. This is the first product jointly developed by the three companies who recently began working together to develop high-performance, low-cost WiMAX-based pico-base station solutions.

DragonMAX BSMX-35 was developed based on HCL Wi-Express, HCL’s IEEE 802.16-2004 compliant HMAC (High-level Media Access Controller) software. HCL Wi-Express offers chipset designers, OEMs/ODMs and test equipment manufacturers a standards-compliant, operating system abstracted, thoroughly tested solution to expedite their WiMAX compliant product development. As a member of the WiMAX Forum, HCL is at the forefront of the development of WiMAX compliant software solutions for base stations with its HCL Wi-Express solution, which has been successfully demonstrated at the recently concluded WiMAX World Boston.

“WiMAX deployments will make significant, positive changes for individuals and businesses around the world,” stated Sandeep Kishore, Vice President, Hi-Tech at HCL. “We’re pleased that HCL’s Wi-Express software and product engineering team played a key role in developing WITELCOM’s DragonMAX BSMX-35, bringing an affordable and quality product to the market.”
“Offering our customers an embedded solution was a critical step in the evolution of our product line, and our co-operation with HCL made this happen in a remarkably short timeframe,” stated Torgeir Trondsen, CEO of WITELCOM. “Our approach to WiMAX is to 
target smaller network solutions for rural areas, with a limited number of subscribers — perfect for a low cost pico-base station such as the DragonMAX BSMX-35.” Recently demonstrated at the WiMAX World Conference & Exhibition, the product is expected to be shipped by the end of the year.

"We are very happy to count WITELCOM among our growing number of innovative clients and to have the opportunity to pursue our partnership with HCL," commented Francois Draper, VP Strategic Development, Wavesat. "Our company visions and product road maps fit very well together and we look forward to a long term association with WITELCOM and HCL."

Key features of the DragonMAX BSMX-35 include:
• High-speed access with up to 37 Mbps real throughput in the 3.5 GHz WiMAX band at 10 MHz channel width
• Integrated wide band antenna that eliminates all external RF-cable, with options for 60-, 90- or 100-degree sectors
• High quality Power over Ethernet (POE) for up to 80m cable
• Available expansion through additional radio port and external N-connector, to provide a repeater link or a WLAN-zone
• Professional mounting kit for easy installation on both poles and walls, with azimuth and elevation control
• Support for up to 100 customers per base station unit




About Wavesat

Founded in 1993, Wavesat Inc. is a fabless semiconductor company focused on the development and supply of baseband chips, software and development tools for WiMAX compliant systems. Wavesat is headquartered in Montreal, Canada where it conducts research and development activities. Wavesat is a privately held company. Key investors include BDC Venture Capital, Monet Capital, Multiple Capital Montreal, Pac-Link Management Corp., Skypoint Capital Corporation, Solidarity Fund QFL and Sunsino Ventures Group.

Wavesat is a principal member of the WiMAX Forum, a nonprofit corporation formed to certify the compatibility and interoperability of Broadband Wireless devices conforming to the 802.16 wireless MAN and ETSI HiperMAN specifications and to help accelerate the introduction of these devices into the marketplace.




For more information

Wavesat

Isabelle Pilon
Marketing Communications Specialist
Tel. 514.684.0200, ext.388
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.

Media Relations, Capital-Image Inc.
Yvon Desautels
Tel 514.739.1188, ext. 22
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.
 
Siemens et Wavesat collaborent à des solutions certifiées Forum WiMAX Email
Siemens et Wavesat collaborent à des solutions certifiées Forum WiMAX

LES ESSAIS D’INTEROPÉRABILITÉ ENTRE LA STATION DE BASE WIMAX DE SIEMENS ET L’ÉQUIPEMENT D’ABONNÉ FONDÉ SUR LE MINI PCI WAVESAT COURONNÉS DE SUCCÈS

Boston – October 10, 2006 – Wavesat, concepteur de puces, de logiciels et d'outils de développement WiMAX de premier plan, et la division des réseaux hertziens Siemens, ont conjointement annoncé qu’ils collaborent à des solutions WiMAX Forum CertifiedMC fondées sur la norme IEEE 802.16-2004 et en accord avec les profils d’interopérabilité du Forum WiMAX. Ils sont parvenus à l’interopérabilité.

Les deux sociétés mènent conjointement un projet d’interopérabilité entre la station de base Siemens WayMAX@vantage et l’équipement d’abonné fondé sur la conception mini PCI 3,5 GHz et le jeu de puces DM256 WiMAX de Wavesat. Elles peuvent désormais offrir au marché des solutions ayant reçu la certification du Forum WiMAX.

« Les résultats atteints avec notre station de base WayMAX@vantage et nos postes d’abonnés fondés sur Wavesat permettent une évolution importante des produits étant donné qu’ils garantissent la pleine interopérabilité de la station de base WayMAX@vantage et des postes d’abonnés multifournisseur », a affirmé Marcello Salerno, directeur de la technologie, division des réseaux hertziens Siemens, en Italie. « Ces résultats confirment Siemens Microwave comme meneur du peloton en matière de technologie WiMAX. »

« Nous sommes ravis de collaborer avec un chef de file sur le marché comme Siemens à des solutions WiMAX», a déclaré Michel Guay, président et chef de la direction de Wavesat. « La division des réseaux hertziens Siemens est à l’avant-garde du développement WiMAX et nos essais d’interopérabilité ont connu un franc succès. La première étape jette les bases d’une collaboration longue et durable et nous envisageons avec enthousiasme le déploiement de postes d’abonnés fondés sur la technologie Wavesat avec Siemens. »

Les dépenses d’infrastructure mondiales WiMAX monteront en flèche, passant de 655 M$ à 7,36 G$ d’ici 2009, d’après un rapport de Rethink Research, intitulé WiMAX Global Spending Plans: 2006 – 2009 (plans de dépenses mondiales WiMAX : 2006 – 2009). Les dépenses WiMAX représentent en 2006 22,5 % de toutes les dépenses dans le secteur du sans-fil large bande; la plateforme s’imposera comme l’offre dominante sur le marché, avec une part de 63 %.

Portefeuille WiMAX de Wavesat
Wavesat est la première société à avoir obtenu la certification du Forum WiMAX pour sa conception CPE plus tôt cette année. Le portefeuille de produits WiMAX de Wavesat est une solution complète et économique à l’appui de toutes les fonctions nécessaires à la conception de stations de base et des unités d’abonnés pour les radiofréquences sous licence et exempts de licence. Il consiste en un éventail complet de circuits intégrés, de logiciels et de plateformes de développement fondés sur les normes liées à la certification WiMAX 802.16-2004 et est conçu pour l’évolutivité de la mobilité de base. Comprenant la seule carte mini PCI WiMAX et étant le choix des fabricants ODM et OEM dans le monde entier, la solution de portefeuille de produits WiMAX de Wavesat procure une connectivité sans fil efficace pour un vaste éventail de réseaux de toutes les tailles et une couverture allant des applications urbaines à rurales.

Wavesat propose des solutions pour chaque segment de marché WiMAX :
• Points d’accès et liaison de raccordement au prolongement DSL avec les solutions OFDM fixes 802.16-2004
• Connexion haute vitesse pour la mobilité sur portable avec les produits 802.16e OFDM EvolutiveMC
• Mobilité complète avec la gamme de produits sOFDMA 802.16e UMobileMC, offerte bientôt pour les applications WiBro/WiMAX




About Wavesat

Founded in 1993, Wavesat Inc. is a fabless semiconductor company focused on the development and supply of baseband chips, software and development tools for WiMAX compliant systems. Wavesat is headquartered in Montreal, Canada where it conducts research and development activities. Wavesat is a privately held company. Key investors include BDC Venture Capital, Monet Capital, Multiple Capital Montreal, Pac-Link Management Corp., Skypoint Capital Corporation, Solidarity Fund QFL and Sunsino Ventures Group.

Wavesat is a principal member of the WiMAX Forum, a nonprofit corporation formed to certify the compatibility and interoperability of Broadband Wireless devices conforming to the 802.16 wireless MAN and ETSI HiperMAN specifications and to help accelerate the introduction of these devices into the marketplace.

NOTE: ALL REGISTERED AND UNREGISTERED TRADEMARKS MENTIONED IN THIS RELEASE ARE THE PROPERTY OF THEIR RESPECTIVE OWNERS.




For more information

Wavesat

Isabelle Pilon
Marketing Communications Specialist
Tel. 514.684.0200, ext.388
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.

Media Relations, Capital-Image Inc.
Yvon Desautels
Tel 514.739.1188, ext. 22
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.
 
Siemens and Wavesat Collaborate On WiMAX Forum Certified Solutions Email
Siemens and Wavesat Collaborate On WiMAX Forum Certified Solutions

JOINT INTEROP TESTING BETWEEN SIEMENS’ WIMAX BASE STATION AND WAVESAT’S MINI-PCI BASED CPE CONCLUDES SUCCESSFULLY

Boston – October 10, 2006 – Wavesat, a leading supplier of WiMAX chipsets, software and development tools and the Microwave Networks Division of Siemens jointly announced they are collaborating on WiMAX Forum Certified™ solutions based on IEEE 802.16-2004 standard and in compliance with WiMAX Forum interoperability profiles and have achieved successful interoperability.

The two companies are jointly conducting interoperability between Siemens WayMAX@vantage base station and customer premises equipment based on Wavesat’s WiMAX 3.5 GHz Mini-PCI design and DM256 chipset, and can now offer to the market WiMAX FORUM Certified solutions.

"The results achieved with our WayMAX@vantage  base station and Wavesat based subscriber stations allow an important product evolution as they guarantee the WiMAX full interoperability of  WayMAX@vantage base station with multivendor subscriber stations “ said Marcello Salerno, CTO of Siemens Microwave Networks Division Italy . “These results confirm Siemens Microwave as front runner in WiMAX technology"

"We are thrilled to be collaborating with a market leader such as Siemens on WiMAX solutions,” said Wavesat CEO and President, Michel Guay. "The Microwave Networks Division of Siemens has been at the forefront of WiMAX development and our interop testing has been a great success. This first step lays the foundation for a long and successful collaboration and we look forward to successful deployments of Wavesat based subscriber stations with Siemens."

Global WiMAX infrastructure spending will rocket from $655m today to $7.36bn by 2009, just three short years away, according to a report from Rethink Research, entitled 'WiMAX Global Spending Plans: 2006 – 2009'. WiMAX spending will go from 22.5% of all broadband wireless spend in 2006 to be the dominant platform in the market, with a 63% share.

Wavesat WiMAX Portfolio
Wavesat is the first company to have received WiMAX Forum certification for its CPE Design earlier this year. Wavesat's award-winning WiMAX product portfolio is a complete and cost-effective solution supporting all the necessary features to design base stations and subscriber units for both licensed and license-exempt radio frequencies. It consists of a full-range of standard-based integrated circuits, software and development platforms supporting WiMAX 802.16-2004 certification and designed for upgradeability for basic mobility. Featuring the industry's only WiMAX Mini-PCI card and chosen by ODMs and OEMs worldwide, Wavesat’s WiMAX portfolio solution provides effective wireless connectivity for a wide range of network sizes and coverage from urban to rural applications.

Wavesat provides solutions for each WiMAX market segment:
• Access points and backhaul to DSL extension using 802.16-2004 Fixed OFDM solutions
• High-speed connectivity for laptop mobility with 802.16e OFDM Evolutive™ products
• Full mobility with the upcoming 802.16e sOFDMA UMobileTM product portfolio for WiBro/WiMAX applications




About Wavesat

Founded in 1993, Wavesat Inc. is a fabless semiconductor company focused on the development and supply of baseband chips, software and development tools for WiMAX compliant systems. Wavesat is headquartered in Montreal, Canada where it conducts research and development activities. Wavesat is a privately held company. Key investors include BDC Venture Capital, Monet Capital, Multiple Capital Montreal, Pac-Link Management Corp., Skypoint Capital Corporation, Solidarity Fund QFL and Sunsino Ventures Group.

Wavesat is a principal member of the WiMAX Forum, a nonprofit corporation formed to certify the compatibility and interoperability of Broadband Wireless devices conforming to the 802.16 wireless MAN and ETSI HiperMAN specifications and to help accelerate the introduction of these devices into the marketplace. Please visit the company’s web site at www.wavesat.com.

NOTE: ALL REGISTERED AND UNREGISTERED TRADEMARKS MENTIONED IN THIS RELEASE ARE THE PROPERTY OF THEIR RESPECTIVE OWNERS.




For more information

Wavesat

Isabelle Pilon
Marketing Communications Specialist
Tel. 514.684.0200, ext.388
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.

Media Relations, Capital-Image Inc.
Yvon Desautels
Tel 514.739.1188, ext. 22
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.
 
Wavesat Teams with RF Magic on Sub-$100 WiMAX Mini-PCI Module Email
Wavesat Teams with RF Magic on Sub-$100 WiMAX Mini-PCI Module



Montreal, Canada – October 5, 2006 – RF Magic, a fabless semiconductor company at the forefront of highly integrated broadband radio frequency (RF) integrated circuits (IC) and Wavesat, a leading supplier of WiMAX chipsets, software and development tools, announced today that the two companies have partnered to deliver a cost-effective WiMAX mini-PCI module. With a bill of materials under $100, the module has been developed to provide original equipment manufacturers (OEM) and original device manufacturers (ODM) with a quickly deployable WiMAX CPE. The Mini-PCI is available now for volume delivery.


The Mini-PCI design includes Wavesat's DM256 baseband chipset, interfaces, all external filters and components and software in conjunction with RF Magic’s Magic Max™ chipset. The Magic Max super-het multi-band transceiver chipset features multiple VCOs, LNAs and amplifiers on single transmit (RF2000) and receive (RF3000) ICs. The chipset covers all Fixed Service and Unlicensed bands between 2.0 GHz and 3.8 GHz for WiMax and proprietary fixed Broadband Wireless Access modems. 

“Delivering this new module with Wavesat is the next logical step for both of our companies,” stated Gordon Schenk, Vice President of Worldwide Sales at RF Magic. “We have very complimentary technologies that combine to deliver a completely integrated, high quality reference design for our customers. We have experienced a great deal of interest in our WiMax products in the last 12 months and now coupled with Wavesat’s digital and system expertise, both companies are well positioned to capitalize on the continued momentum that this market is experiencing.”

Frank Draper, VP Strategic Development for Wavesat commented, “RF Magic’s unique RF and digital communications systems experience combined with RF silicon design expertise gives them the unique capacity to develop highly advanced ICs for cost-effective integration into high-volume consumer platforms. We are delighted to cooperate with RF Magic to offer our customers an advanced, cost-effective WiMAX Mini-PCI module.“

Wavesat’s WiMAX Mini-PCI Module
Provides a plug-and-play, complete solution for the lower layer air interface and time critical low-level MAC functionality.
• WiMAX Forum certifiable design for CPE
• Mini-PCI design enabling compact, easy-to-use solutions 
• Meets all six SUI Non Line of Sight channel models
• Adaptive modulation BPSK, QPSK, 16-QAM & 64-QAM
• 3.5 GHz RF interface
• 37.5 Mbps data throughput
• Supports TDD and HFDD
• 3.5 MHz and 7 MHz channel bandwidth




About Wavesat

Founded in 1993, Wavesat Inc. is a fabless semiconductor company focused on the development and supply of baseband chips, software and development tools for WiMAX compliant systems. Wavesat is headquartered in Montreal, Canada where it conducts research and development activities. Wavesat is a privately held company. Key investors include BDC Venture Capital, Monet Capital, Multiple Capital Montreal, Pac-Link Management Corp., Skypoint Capital Corporation, Solidarity Fund QFL and Sunsino Ventures Group.

Wavesat is a principal member of the WiMAX Forum, a nonprofit corporation formed to certify the compatibility and interoperability of Broadband Wireless devices conforming to the 802.16 wireless MAN and ETSI HiperMAN specifications and to help accelerate the introduction of these devices into the marketplace. Please visit the company’s web site at www.wavesat.com.

NOTE: ALL REGISTERED AND UNREGISTERED TRADEMARKS MENTIONED IN THIS RELEASE ARE THE PROPERTY OF THEIR RESPECTIVE OWNERS.




For more information

Wavesat

Isabelle Pilon
Marketing Communications Specialist
Tel. 514.684.0200, ext.388
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.

Media Relations, Capital-Image Inc.
Yvon Desautels
Tel 514.739.1188, ext. 22
Cette adresse email est protégée contre les robots des spammeurs, vous devez activer Javascript pour la voir.
 
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