Wavesat Inc.

Wavesat Inc.

June 01, 2005 08:02 ET

Subsidiary of Taiwanese Giant Kinpo Picks Wavesat's WiMAX Development Platform

MONTREAL, QUEBEC and TAIPEI, TAIWAN--(CCNMatthews - June 1, 2005) -

JStream to Develop WiMAX Subscriber Units and an Outdoor Base Station Using Wavesat's Reference Kit

Wavesat, a leading developer of WiMAX silicon, announces that JStream Technologies, a subsidiary of Taiwan-based giant Kinpo Group, has chosen Wavesat's Evolutive™ WiMAX portfolio to develop its subscriber units and an outdoor base station. JStream plans to launch its first WiMAX products as early as September 2005 to Taiwan-based wireless ISP providers and other customers worldwide.

Wavesat's WiMAX Reference Kit is a tool kit intended to serve as a development platform to guide and support efforts in designing WiMAX compliant wireless systems using the Evolutive™ WiMAX DM256 integrated circuit. The Kit implements the IEEE 802.16-2004 Physical and MAC layer protocols as well as ETSI HIPERMAN. It facilitates experimentation, evaluation, and investigation with various modes of operation of the DM256 as well as offering several implementation examples to reduce design development efforts. It helps system designers bring products to market faster, assisting in the proliferation of WiMAX for both licensed and unlicensed networks.

Rick Liang, Sales and Marketing Director at JStream Technologies stated: "We've chosen Wavesat as our partner to develop WiMAX systems because they are currently leading the space. Furthermore, they offer a flexible and low cost solution that can evolve with the system's technical requirements."

Wavesat CEO Michel Guay added: "We are pleased to count Kinpo among our growing number of customers. Kinpo is a large and reputable manufacturer who will help WiMAX become a reality by bringing high quality and low cost standard subscriber units to the market quickly."

Wavesat's Evolutive™ 802.16/WiMAX portfolio is optimized to facilitate the transition of existing systems, both Base Station and Subscriber Unit, to become WiMAX compliant, with an easy evolution towards Mobility.

About Kinpo Electronics and JStream Technologies

Kinpo Electronics has established itself as a front runner in Taiwan's electronics industry since 1973. To date, Kinpo has a staff of more than 7,000 employees worldwide. Under its current global corporate structure, Kinpo places its corporate management center and R&D design facilities in Taiwan, software development centers in Shanghai and Beijing, mass production facilities in Changan, Dongquang, China, and manufacturing supports in Thailand. By taking comparative advantages of different regions, Kinpo has made itself the most valued partner to many renowned transnational corporations.

JStream Technologies is a subsidiary of Kinpo Electronics and is dedicated to broadband communication and networking product development and manufacturing through worldwide OEM and ODM channels.

About Wavesat

Founded in 1993, Wavesat Inc. is a fabless semiconductor company focused on the development and supply of baseband chips 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, 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.

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