PCTEL Joins Wireless Ethernet Compatibility Alliance
PCTEL Joins Wireless Ethernet Compatibility Alliance
June 13, 2001
PCTEL Joins Wireless Ethernet Compatibility Alliance
Helsinki, Finland and Milpitas, California — June 13, 2001 — PCTEL, Inc. (NASDAQ: PCTI), a leading provider of personal connectivity and Internet access technology, today announced its membership in the Wireless Ethernet Compatibility Alliance (WECA) at the WECA Annual Meeting for Members in Helsinki. WECA certifies interoperability of Wi-Fi–wireless LAN products and promotes Wi-Fi as the global wireless LAN standard across all market segments.
"We are pleased to support WECA standardization and initiatives to promote worldwide adoption of Wi-Fi wireless LAN solutions," said Yoram Solomon, vice president and general manager of the Advanced Products group at PCTEL. "We are committed to protecting our customers?investments by joining WECA and seeking Wi-Fi certification for future products."
"Wi-Fi certification has served as an international catalyst for the widespread adoption and deployment of Wi-Fi wireless LAN products," said David Cohen, WECA's chairman. "PCTEL has clearly made a strategic decision to differentiate its products in the market by taking the first step toward Wi-Fi certification. We look forward to seeing a significant contribution from PCTEL as part of the WECA organization."
WECA founding members 3Com, Agere, Cisco Systems, Intersil, Nokia and Symbol Technologies united to drive the adoption of one globally-accepted standard for high-speed wireless local area networking: the IEEE 802.11b standard. Products built to the new standard operate in the 2.4 GHz radio band and transmit at a raw data rate of 11 Mbps. Unified support of this standard is facilitating the rapid deployment and adoption of these products. This single wireless standard ensures global, broadband wireless connectivity across the enterprise, small office, public access spaces and home settings.
About the Wireless Ethernet Compatibility Alliance
The Wireless Ethernet Compatibility Alliance (WECA) is a nonprofit organization formed in 1999 to certify interoperability of Wi-Fi (IEEE 802.11b) products and to promote Wi-Fi as the global, wireless LAN standard across all market segments. WECA has defined a test suite that defines how member products are tested to certify that they are interoperable with other Wi-Fi certified products where they are evaluated at an independent test lab. When a product successfully passes the test, the company will be granted the Wi-Fi seal of interoperability and may display the Wi-Fi logo on that product and its corresponding collateral material. This testing assures that products bearing the Wi-Fi logo will work with each other. Membership in WECA is open to all companies who support the Wi-Fi standard. Visit the WECA Web site at www.wi-fi.org.
ABOUT PCTEL
PCTEL, founded in March 1994, is driving the evolution of innovative, cost-effective personal connectivity solutions including analog soft modems, digital broadband, home networking and embedded Internet access technology. The company is a market leader and has a wide-ranging and comprehensive portfolio of more than 43 broadband and analog communications patents, including the key and essential patents for HSP modem technology. PCTEL products are available to PC and data communications equipment manufacturers, as well as a variety of vertical market OEMs. PCTEL is located at 1331 California Circle, Milpitas, California, 95035. Telephone: (408) 965-2100. Fax: (408) 895-0178. For more information on PCTEL products, visit the PCTEL website at http://www.pctel.com.
Safe Harbor Statement
This press release contains forward-looking statements?within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to significant risks and uncertainties. In particular, the statements concerning protecting customers?investments and future products are forward-looking statements. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the recent economic slowdown, the rapid deterioration in PC demand, and our ability to forecast customer demand in this environment; the cyclical nature of the semiconductor and PC industries; demand for and market acceptance of new alternative Internet access devices, set-top boxes, game consoles and other connected appliances; the ability to develop and implement new technologies and to obtain protection for the related intellectual property. Operating and financial results can be affected by market conditions resulting in revenues deviating from projections which may result in increased operating expenses, additions to reserve positions, lower gross margins, higher working capital ratios. These as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company's Securities and Exchange Commission filings can affect results. These forward-looking statements are made only as of the date hereof, and the company disclaims any obligation to update or revise the information contained in any forward-looking statements, whether as a result of new information, future events or otherwise.
PCTEL and the PCTEL logo are trademarks of PCTEL, Inc. All other company and product names are trademarks of their respective holders.
"We are pleased to support WECA standardization and initiatives to promote worldwide adoption of Wi-Fi wireless LAN solutions," said Yoram Solomon, vice president and general manager of the Advanced Products group at PCTEL. "We are committed to protecting our customers?investments by joining WECA and seeking Wi-Fi certification for future products."
"Wi-Fi certification has served as an international catalyst for the widespread adoption and deployment of Wi-Fi wireless LAN products," said David Cohen, WECA's chairman. "PCTEL has clearly made a strategic decision to differentiate its products in the market by taking the first step toward Wi-Fi certification. We look forward to seeing a significant contribution from PCTEL as part of the WECA organization."
WECA founding members 3Com, Agere, Cisco Systems, Intersil, Nokia and Symbol Technologies united to drive the adoption of one globally-accepted standard for high-speed wireless local area networking: the IEEE 802.11b standard. Products built to the new standard operate in the 2.4 GHz radio band and transmit at a raw data rate of 11 Mbps. Unified support of this standard is facilitating the rapid deployment and adoption of these products. This single wireless standard ensures global, broadband wireless connectivity across the enterprise, small office, public access spaces and home settings.
About the Wireless Ethernet Compatibility Alliance
The Wireless Ethernet Compatibility Alliance (WECA) is a nonprofit organization formed in 1999 to certify interoperability of Wi-Fi (IEEE 802.11b) products and to promote Wi-Fi as the global, wireless LAN standard across all market segments. WECA has defined a test suite that defines how member products are tested to certify that they are interoperable with other Wi-Fi certified products where they are evaluated at an independent test lab. When a product successfully passes the test, the company will be granted the Wi-Fi seal of interoperability and may display the Wi-Fi logo on that product and its corresponding collateral material. This testing assures that products bearing the Wi-Fi logo will work with each other. Membership in WECA is open to all companies who support the Wi-Fi standard. Visit the WECA Web site at www.wi-fi.org.
ABOUT PCTEL
PCTEL, founded in March 1994, is driving the evolution of innovative, cost-effective personal connectivity solutions including analog soft modems, digital broadband, home networking and embedded Internet access technology. The company is a market leader and has a wide-ranging and comprehensive portfolio of more than 43 broadband and analog communications patents, including the key and essential patents for HSP modem technology. PCTEL products are available to PC and data communications equipment manufacturers, as well as a variety of vertical market OEMs. PCTEL is located at 1331 California Circle, Milpitas, California, 95035. Telephone: (408) 965-2100. Fax: (408) 895-0178. For more information on PCTEL products, visit the PCTEL website at http://www.pctel.com.
Safe Harbor Statement
This press release contains forward-looking statements?within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to significant risks and uncertainties. In particular, the statements concerning protecting customers?investments and future products are forward-looking statements. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the recent economic slowdown, the rapid deterioration in PC demand, and our ability to forecast customer demand in this environment; the cyclical nature of the semiconductor and PC industries; demand for and market acceptance of new alternative Internet access devices, set-top boxes, game consoles and other connected appliances; the ability to develop and implement new technologies and to obtain protection for the related intellectual property. Operating and financial results can be affected by market conditions resulting in revenues deviating from projections which may result in increased operating expenses, additions to reserve positions, lower gross margins, higher working capital ratios. These as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company's Securities and Exchange Commission filings can affect results. These forward-looking statements are made only as of the date hereof, and the company disclaims any obligation to update or revise the information contained in any forward-looking statements, whether as a result of new information, future events or otherwise.
PCTEL and the PCTEL logo are trademarks of PCTEL, Inc. All other company and product names are trademarks of their respective holders.