SANTA CLARA, Calif.,
Feb. 9, 2012 /PRNewswire/
-- Aviat Networks, Inc. (NASDAQ: AVNW), a leading expert in
microwave networking solutions, announced today that it has reached
an agreement with McKay Brothers, LLC, a leading provider of
low-latency private carrier services to High-Frequency Trading
(HFT) firms, to deliver low-latency wireless transport equipment
and services for McKay Brothers' microwave network connecting
Chicago and New York City financial centers. The Aviat
Networks solution is based on the industry-leading Eclipse Packet
Node microwave radio platform, which meets the requirements of
McKay Brothers in terms of latency, flexibility and
upgradeability.
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"For McKay Brothers, the Eclipse Packet Node wireless
transmission platform proved ideal for building a low- latency
wireless transport network," says Michael
Pangia, president and CEO, Aviat Networks. "Plug-in modules
for the Eclipse platform enabled us to quickly accommodate McKay
Brothers' need for a low-latency solution in its wireless
transmission network."
"Aviat Networks' Eclipse Packet Node platform has been
exceptionally engineered," says Bob
Meade, PhD, co-founder of McKay Brothers, LLC. "It has ultra
low-latency, which will allow our microwave network to be
milliseconds faster than any fiber network could ever be on this
route. And Aviat Networks engineered this low-latency platform
without compromising the other advanced telecom functionality that
is critical to the engineering of our network. If you consider the
number of low-latency routes in the world, the number of trading
firms and the strength of Aviat Networks' offering, I think this
will be a substantial opportunity for the company."
Large market opportunity for microwave
According to the TABB Group in their 2010 research report, "Long
Distance Latency: Straightest and Fastest Equals Profit," written
by research analyst Kevin McPartland, the value of investments made
by financial service firms for connectivity solutions was
approximately $2.2 billion in 2010,
excluding anticipated spending by private trading firms on their
proprietary networks.
In the world of high-frequency trading, speed matters most.
Modern microwave technology can achieve lower latency than fiber
optic alternatives because the speed of light in air is
approximately 50 percent faster than the speed of light in fiber
optic cables. Microwave also provides the ability to set up direct
line-of-sight paths between transmission points while fiber must be
routed under streets and around obstacles, adding latency. Due to
its inherent ultra low-latency features, the Eclipse Packet Node is
a natural fit for high-frequency trading, where speed is
critical.
Network rollout H1 2012
The McKay Brothers expects to complete its network deployment in
the first half of this year. Compared to the other routes currently
filed with the FCC, McKay's network will be the straightest and
have the fewest hops.
About Aviat Networks
Aviat Networks, Inc. is a leader in wireless transmission
solutions. We apply innovation and IP networking expertise toward
building a carrier class foundation for future mobile and fixed
broadband networks. With more than 750,000 systems installed around
the world, Aviat Networks has built a reputation as a leader in
offering best-of-breed solutions including LTE-proven microwave
backhaul and a complete portfolio of service and support options to
public and private telecommunications operators worldwide. With a
global reach and local presence in more than 46 countries, Aviat
Networks works by the side of its customers allowing them to
quickly and cost effectively seize new market and service
opportunities. Aviat Networks is headquartered in Santa Clara, California, and is listed on
NASDAQ (AVNW). For more information, please visit
www.aviatnetworks.com or join the dialog at
www.twitter.com/aviatnetworks.
About McKay Brothers, LLC
McKay Brothers, LLC is an exclusive telecom provider of
low-latency private carrier services for select High Frequency
Trading customers. McKay Brothers, which is self-financed, designs,
builds, owns and operates its own network. For more information,
see www.mckay-brothers.com.
SOURCE Aviat Networks, Inc.