First Avenue Networks Pioneers Wireless Carrier Ethernet Service For Government Sector; Company First to Market with $2,000 Per
03 February 2006 - 12:01AM
Business Wire
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.
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