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VOYT Voyant International Corporation (CE)

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26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Voyant International Corporation (CE) USOTC:VOYT OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Voyant Successfully Completes First Flight Test of Aviation Broadband Technology

09/07/2008 1:30pm

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Voyant (CE) (USOTC:VOYT)
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MOUNTAIN VIEW, CA and MELBOURNE, FL , a diversified media and technology holding company dedicated to improving the quality of the digital world for businesses and consumers, announced today that it has successfully completed the first of a series of flight tests in the development of its aviation broadband service. With this service, Voyant intends to offer commercial airplane passengers a true in-flight broadband experience, with significantly higher bandwidth than competing narrowband services. While giving airlines new ways to enhance customer satisfaction, the service will also provide new revenue opportunities to the air carriers.

The in-flight tests verified the successful transmission of packet data and streaming video over a high-frequency link from an airplane to a fixed location on the ground in a real-world, air-to-ground, long-distance environment. The test results will be used by engineers to continue evolving the design of the Voyant aviation broadband solution. Voyant intends to install its service on commercial airplanes in order to provide broadband connectivity at data rates as high as 10 to 35 Mbps to each airplane.

"There are no substitutes for actual flight tests," observed Ed Gerhardt, Voyant's general manager of wireless systems. "This first airborne test validates much of our design and consequently represents a significant milestone in the development of our aviation broadband solution. We are quite pleased with the outcome of these tests."

"Airlines are telling us that the narrowband links being contemplated or trialed on airplanes today are insufficient to truly meet their passengers' needs going forward," added Steffen Koehler, chief marketing officer for Voyant. "Market research suggests that passengers will demand a broadband experience comparable to what they experience in their offices and homes. Anything less will lead to customer disappointment.

"Voyant's Aviation Broadband aims to deliver a high-performance broadband solution to commercial air travelers," Koehler continued. "Our world is fast becoming a global culture. Because so many people spend large amounts of precious time in flight, many valuable hours are wasted every day that could be spent in a more entertaining or productive fashion. Air travelers today are isolated from the happenings of the world for the period of time they are in flight. With a true aviation broadband service, they can instead forward a business proposal, edit a presentation or legal contract, trade in the financial markets, send a photo to a friend or family member, or simply watch video-on-demand."

The aviation broadband industry is expected to reach $936 million by 2012, according to a recent industry report from MultiMedia Intelligence. "As soon as air travelers can replicate the quality of service they experience in their homes and workplaces," declared Koehler, "this market is likely to accelerate. Voyant has recently launched a website for its Aviation Broadband business, which can be found at http://www.voyant.aero.

About Voyant

Voyant is a media and technology holding company focused on bringing innovative technologies, media assets, and strategic partnerships together to deliver next-generation commercial and consumer solutions to empower, enhance, and enrich our digital world. The company works with strategic partners in the technology and entertainment sectors to locate, partner with, and acquire complementary technologies and media assets that position the company in the value chain from content creation to direct distribution to the consumer. More information can be found at http://www.voyant.net. To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, news alerts and other pertinent information, please register at http://www.voyant.net/investorpass.

Safe Harbor

This news release contains forward-looking statements, including but not limited to, those that refer to the company's future development plans or operating results. Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services; lack of market acceptance of products, services and technologies; adverse government regulations; competition; breach of contract; inability to secure sufficient capital for continued operations; inability to earn revenue or profits; dependence on and retention of key individuals; inability to obtain or protect intellectual property rights; lower sales and higher operating costs than expected; technological obsolescence of the company's products; limited operating history and risks inherent in the company's markets and business and other factors discussed on our website on the "Investors" page, in our most recent Annual Report on Form 10-KSB and our Quarterly Reports on Form 10-QSB filed with the SEC. Investors are advised to read our Annual Report, quarterly reports and current reports on Form 8-K filed after our most recent annual or quarterly report. The forward-looking statements in this press release represent our current views as of the dates of individual pages and we disclaim any obligation to update these forward-looking statements.

Media and Investor Contact: Sean Collins CCG Investor Relations 310-477-9800, ext. 202 Sean.Collins@ccgir.com

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