First Avenue (NASDAQ:FRNS)
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From Nov 2019 to Nov 2024
First Avenue Networks (NASDAQ:FRNS), a fixed wireless
services provider, today announced Government Connection, its
flat-rate plan for Carrier Ethernet and existing transport services.
The plan is structured to provide Carrier Ethernet services up to 100
Mbps as well as NxDS-1, DS-3 or OC-3 connections to government
agencies and suppliers for $2,000 per month.
To meet increasing data requirements and federal compliance
standards for physically diverse and redundant networks, government
agencies need the flexibility and capacity of services such as Carrier
Ethernet to future proof their networks. Estimates are that 85 percent
of the buildings in a given metro area do not have fiber access,
precluding the delivery of Carrier Ethernet and other high capacity
services.
Offering government-grade connectivity over licensed spectrum at
high availability (99.995%), Government Connection provides agencies
and their suppliers with a simple plan for deploying primary and
redundant high capacity transport connections.
"The government's requirement for broadband communications is
driven by the need for high availability and for the diverse routing
of critical information," said retired Lt. Gen. John B. Conaway,
chairman & CEO of the Conaway Group, and former Chief of the National
Guard Bureau. "Today, agencies are struggling to provide secure and
protected communication services while controlling their costs. The
market is ripe for a cost-effective fixed wireless offering with
government-grade services that enables an agency to meet these needs."
"First Avenue Networks is revolutionizing the way government
agencies provide secure and highly available communications services
to their departments," said Mike Gallagher, president and CEO, First
Avenue Networks. "Government Connection's innovative, flat-rate
pricing positions First Avenue Networks as a market leader. We are
pioneering a new era of wireless communications by providing
government agencies and their suppliers with high capacity
fixed-wireless services. Our offering not only protects their existing
investments, but also enables them to easily and cost-effectively meet
their future requirements."
Pending GSA Schedule approval, First Avenue Networks' Government
Connection is available throughout the U.S. Full service details are
available at: www.firstavesolutions.com/governmentconnection.htm
About Government Connection
First Avenue's Government Connection is a fixed wireless transport
service that utilizes the company's nationwide, multi-channel 24 GHz
and 39 GHz licensed spectrum holdings to deliver NxDS-1, DS-3, OC-3,
and up to 100 Mbps Carrier Ethernet transport links. Available at a
flat rate of $2,000 per month, per connection, Government Connection
offers nationwide coverage (with high densities in major metros) and
the following:
-- Government-grade high availability (99.995%)
-- A unique network diversity and redundancy qualification
software application
-- Optional multi-service and ATM configurations
-- Installed and commissioned by government approved wireless &
networking staff
About First Avenue Networks
First Avenue Networks (NASDAQ:FRNS) is a leader in delivering
wireless transport services to cellular carriers, service providers
and government suppliers and agencies. First Avenue provides wireless
backhaul and Carrier Ethernet services over its licensed spectrum
footprint, which includes nationwide 24 GHz and 39 GHz holdings. For
further details, visit http://www.firstavenet.com/ or call (703)
873-4165.
The above information includes forward-looking statements
regarding the benefits of the announced new service offering,
securities trading and the provision of services by the Company and
other opportunities in the Company's marketplace. These statements are
not guarantees of future performance. Known and unknown risks,
uncertainties, and other factors, including without limitation, the
risk that the new service offering will not be widely accepted or will
not produce the anticipated results, capital constraints, changes to
or failure to execute the Company's strategy and business plan,
non-renewal or revocation of FCC licenses, variable customer demand,
technological risks, ability to manage growth, competition and
government regulation and other risks may cause actual results to
differ materially from the future results implied or expressed in the
forward-looking statements. Many of these risks and uncertainties are
further discussed in our most recent filings with the Securities and
Exchange Commission, including our annual report on Form 10-K for the
fiscal year ended December 31, 2004. The Company does not undertake to
and expressly disclaims any obligation to update or revise its
forward-looking statement publicly to reflect any change in these
forward-looking statements, or in events, conditions or circumstances
on which any such statements may be based, or that may affect the
likelihood that actual results will differ from those set forth in the
forward-looking statements.