Tuesday, March 20, 2007

Strix Systems Gets Strategic Investment From Samsung

CORE NEWS FACTS

Strix Systems, technology and market leader in wireless mesh networking, receives strategic investment from Samsung Ventures America, the US based venture capital investment arm for Samsung Venture Investment Corporation (SVIC).

Samsung Ventures has seen significant WiFi/WiMAX opportunities worldwide, especially in areas of next generation mobile broadband through wireless mesh, and wireless backhaul for 3G and WiMAX via advanced mesh technology.

Samsung Ventures has reviewed nearly all wireless mesh products on the market, and believes that Strix has the best solutions, especially in supporting mobility, voice and video over wireless mesh.

Samsung Electronics, the market leader in WiMAX equipment, is a key player in driving the worldwide adoption and deployment of WiMAX.

Samsung Ventures is committed to support for partnership opportunities in deployments and product development between Strix Systems and Samsung Electronics.

KEY WORDS

Samsung, Samsung Ventures America, Samsung Venture Investment Corporation (SVIC), Mobile WiMAX, RAS, U-RAS Mini, U-RAS HS, multi-service wireless network, high-speed wireless access, 802.11, wireless mesh, wireless mesh networks, wireless mesh manufacture, wireless mesh architecture, wireless mesh equipment, mesh wireless, mesh wireless network, mesh wireless network equipment, mesh network, wifi mesh, mesh wifi, outdoor wireless, outdoor wireless networks, outdoor mesh networks, outdoor mesh wireless, mesh wireless technology, wireless mesh technology, multi radio, multi-radio architecture, multi-radio wireless mesh, multi-radio mesh, municipal wireless, municipal networks, municipal mesh networks, metropolitan wireless, metropolitan networks, metropolitan mesh networks, metro mesh, broadband wireless equipment, wireless broadband equipment, wireless backhaul, cellular backhaul, public safety networks, mobility, roaming, wireless networking solution, city-wide wireless, wireless network equipment , country-wide wireless

About Samsung Ventures America

Samsung Ventures America manages US investment and investment-related activities for Samsung Electronics and Samsung Venture Investment Corporation (SVIC) from local offices in San Jose. The investment mandate for Samsung Ventures America tracks closely to the strategic priorities of Samsung Electronics' core operating divisions, and encompasses investments in semiconductors, displays, telecommunications, and consumer electronics. Samsung Ventures America is currently actively investing in leading technology companies from a $400 million fund.

NOTE: Strix Systems and Access/One Network are registered trademarks, in the United States and certain other countries, of Strix Systems. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged

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