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China Mobile Deploys Vyyo Solutions in Heilongjiang Province
Vyyo Currently China Mobile's Largest 3.5 GHz Vendor
PALO ALTO, Calif., Nov. 9 /PRNewswire-FirstCall/ -- Vyyo Inc. (NASDAQ:VYYO), a
global supplier of broadband end-to-end solutions for telephony and high-speed
data connections, today announced that China Mobile has begun to deploy Vyyo's
solutions for cellular backhaul throughout the Heilongjiang province. Wuhan
Research Institute (WRI) served as the system integrator. Located in
northeastern China, the Heilongjiang province covers 460,000 square kilometers
with a population of over 67 million, including the city of Harbin with a
population of over 9 million.
"Being selected by a major Chinese operator for yet another provincial-wide
deployment validates the strength of our product offering," stated Michael
Corwin, president and chief operating officer of Vyyo. "In Heilongjiang, Vyyo's
solutions will help facilitate cellular backhaul, and China Mobile has informed
us that it intends to continue to deploy our wireless E1 links in additional
provinces."
"After a number of successful deployments throughout China, we are pleased that
today Vyyo is China Mobile's largest 3.5 GHz vendor," continued Corwin. "China
Mobile has deployed our solutions in a number of cities including Lhasa,
Shanghai and Ningbo. In Shanghai alone, coverage has been expanded to 14 Vyyo
systems. We will endeavor to grow our presence in China through our strong
relationship with WRI and other established systems integrators."
"China Mobile's deployment throughout Heilongjiang adds to the list of
successful deployments of Vyyo equipment throughout China," Mr. Xu Jie,
president of WRI Hongxin, a wholly owned subsidiary of WRI. "We plan to
continue to work closely with China Mobile and other operators to identify
other provinces in which Vyyo's technology is a good fit."
About China Mobile
China Mobile Communications Corporation (China Mobile) was officially
established on April 20th, 2000 and is directly under the central government.
It is a key state-owned enterprise based on the mobile business that split from
the former China Telecom as a result of the reform and restructuring of China's
communications industry. China Mobile has registered capital of 51.8 billion
RMB yuan, assets of over 320 billion RMB yuan and 120,800 employees. It has
wholly-owned subsidiaries in 10 provinces (autonomous regions) in China and
fully holds the equity of China Mobile (HK) Group Limited. China Mobile (HK)
Limited, of which China Mobile (HK) Group Limited is the major shareholder, has
wholly-owned subsidiaries in 21 provinces (autonomous regions and
municipalities directly under the central government) in China and went public
in on the Hong Kong and New York Stock Exchanges (NYSE:CHL).
About Wuhan Research Institute
Wuhan Research Institute (WRI) is a comprehensive application science and
research organization engaged in fiber-optic communication and affiliated
directly with the Ministry of Information Industry of China. WRI is the
research and development base of fiber optic communication (FOC) technology in
China. WRI subsidiaries supply different products into the optical and
broadband communications markets, accelerating the process of transferring
scientific research into production capability. More information on WRI can be
found at http://www.wri.com.cn/.
About Vyyo Inc.
Vyyo offers broadband end-to-end solutions used by cable and wireless operators
to deliver telephony services (T1/E1) and high-speed data connections to
business and residential subscribers. The technology uses a modified version of
the cable industry standard DOCSIS architecture to deliver circuit-switched
services (telephony), as well as voice and data over IP. The company sells
systems directly to service providers and systems integrators worldwide. Vyyo's
solutions have been deployed in North America, China, Southeast Asia and other
areas of the world. For more information, please visit http://www.vyyo.com/.
Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act of
1995. These statements involve risks and uncertainties. Actual events and
results may differ materially from those projected in these forward-looking
statements as a result of several factors, including but not limited to, the
current limited visibility available in the telecommunications and broadband
access equipment markets; the competitive pricing environment and slower than
expected development of broadband wireless opportunities, particularly in
China; challenges of doing business in China and the Far East, including
regulatory, economic, political, health, financial and safety risks; the manner
in which the Chinese government distributes the awarded spectrum license
grants; the ability of China Mobile and Wuhan Research Institute to
successfully implement Vyyo systems; whether Vyyo is able to meet the needs of
the telecom operators that have obtained licenses from the Chinese government
and maintain its relationships with those operators and their system
integrators; economic conditions worldwide; and other risks set forth in Vyyo's
annual report on Form 10-K for the year ended December 31, 2003, its quarterly
report on Form 10-Q for the three months ended June 30, 2004, and in other
periodic reports filed by Vyyo with the Securities and Exchange Commission from
time to time. Vyyo assumes no duty to update these statements.
DATASOURCE: Vyyo Inc.
CONTACT: investors, David Barnard, , or Cathy Mattison,
both of Lippert/Heilshorn & Associates, +1-415-433-3777, for Vyyo Inc.
Web site: http://www.wri.com.cn/
Web site: http://www.vyyo.com/