DALLAS, Sept. 5 /PRNewswire-FirstCall/ -- iBroadband (BULLETIN BOARD: IBBD) , a leading fixed wireless broadband service provider headquartered in Dallas, Texas, announced today that its President and CEO, Matt Hutchins, will be presenting at the Kaufman Bros., L.P. 10th Annual Investor Conference September 5-6, 2007, The W Hotel, 541 Lexington Avenue, between 49th & 50th Streets, New York, NY 10022.
Mr. Hutchins will be discussing the current, burgeoning WiMax (World Interoperability for Microwave Access) opportunity and its relevance to the investment community.
Vik Grover, Chartered Financial Analyst and Managing Director of Source Capital Group in Westport, Connecticut believes that the fixed wireless market is ripe with consolidation opportunities. According to Grover, "Investors will discover that the WiMax market is ready for prime time as small WISPs (wireless Internet service providers) across the country begin to band together to create power players which Wall Street is sure to notice."
WiMAX is a fast-emerging wide-area wireless broadband technology that shows great promise as the "last mile" solution for bringing high-speed Internet access into homes and businesses.
According to Hutchins, "WiMAX is the only wireless standard today that has the ability to deliver true broadband speeds at a cost point which will help make the vision of pervasive connectivity a reality. The newest WiMAX systems can be expected to deliver enough capacity to simultaneously support hundreds of businesses with T-1 and above speed and thousands of residences with DSL- like speed connectivity," said Hutchins.
WiMAX technology is currently being incorporated in notebook computers and PDAs, allowing for urban areas and cities to become "metro zones" for portable outdoor broadband wireless access.
Hutchins will specifically address iBroadband's strategy for consolidation within the WISP industry as well as past success in delivering reliable wireless broadband services to businesses.
For more information please visit http://www.ibroadband.com/
About iBroadband
iBroadband is a leading fixed WiMAX service provider in the U.S., delivering high-speed Internet access to businesses. Founded in 2000, the company has established networks in such markets as Dallas, Fort Worth, Austin, east Texas, and soon Kansas City. The company is a member of the WiMAX Forum assisting leading vendors in establishing industry compliance with international broadband wireless access standards and cross-vendor interoperability.
CONTACT: Donna Viviano of iBroadband, Inc., +1-469-633-0424,
donna@ibroadband.com http://www.ibroadband.com/
First Call Analyst:
FCMN Contact: dviviano@t-speed.com
Source: iBroadband
CONTACT: Donna Viviano of iBroadband, Inc., +1-469-633-0424,
donna@ibroadband.com
Web site: http://www.ibroadband.com/
From PR Newswire via email
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