China Mobile Deploys Vyyo Solutions in Heilongjiang Province
November 09 2004 - 7:05AM
PR Newswire (US)
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/
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