Wi2Wi Corporation ("Wi2Wi" or the "Company") (TSX-V: YTY), is
pleased to introduce an Industrial-Class State-of-the-Art
WiFi-Micro-Controller System. Wi2Wi’s W2SW0012 is a
high-performance, robust, secure, and cost-effective solution that
provides simple Serial-to-WiFi connectivity to the Internet, for
its core Industrial, Medical, Government, & Infrastructure
markets.
Chief Executive Officer Dr. Reza Ahy noted, “W2SW0012 is a major
product for Wi2Wi addressing new machine-to-machine (M2M) and
portable device applications, complementary to our traditional
markets. It is a Scalable System Platform initially as a
Serial-WiFi solution, with expected future Software Releases
(running on the powerful on-board Cortex3 micro-controller)
providing additional functionalities going forward.”
He added, “Serial-WiFi is expected to dramatically reduce the
design time and complexity for our customers, enabling much faster
time-to-market and deployments growth. This is another addition to
the series of customer wins and product upgrades that we have been
announcing, validating our position as an innovative player in the
M2M and portable device applications space. We expect this trend to
continue as we build our suite of products to address this growing
market.”
Chairman Dr. Hans Black stated, “Wi2Wi continues to gain
excellent market traction for its 3rd generation products,
reflecting Wi2Wi’s in-depth understanding of market needs and
providing the appropriate solutions. This is yet another innovative
solution from Wi2Wi addressing the pent-up demand for wireless
connectivity.”
Ideal for M2M and portable device applications worldwide,
W2SW0012 provides low-power WiFi connectivity for any device with a
serial interface. It is a complete wireless subsystem featuring
full 802.11 b/g/n WiFi with serial interface through an on-board
powerful Cortex-3 micro-controller, in a small form factor 25 mm x
25 mm module solution, operating over -30 to +85 °C. A significant
percentage of the legacy machines and platforms currently in
non-consumer markets mainly rely on a serial interface for
connectivity. Wi2Wi’s W2SW0012 enables such devices with a simple
serial interface to connect to the wireless network and thus to the
LAN and the internet.
Wi2Wi’s W2SW0012 leverages best-in-class technologies from
Marvell and includes State-of-the-Art WiFi-802.11n support up to
150Mbps bit rate over the air, WiFi-Direct for peer-to-peer
connectivity, and Mobile Embedded Hotspot (MEH) enabling the
platform to operate in the Access Point mode. Data transmissions
are protected by WPA2™-certified security protocols, featuring full
encryption algorithms. The on-board Micro-controller is a
high-performance processor with significant on-chip memory, &
rich input-output capabilities, enabling future added Software
capabilities.
Wi2Wi’s W2SW0012 drastically reduces customers’ software
development for WiFi connectivity. It is Operating-System Agnostic,
and can be configured with simple commands. It includes a complete
TCP/IP protocol stack on-board and supports both UDP & TCP
connections. W2SW0012 will also come with the pre-certification for
FCC, CE, and IC. These three value-adds substantially minimize the
RF-know-how requirements, significantly simplifies software
Integration into the OEM customers’ products, expected to
substantially reduce time-to-market, and development cost.
Wi2Wi expects the W2SW0012 Engineering Samples and Evaluation
Platforms to be available in the summer of 2013.
Wi2Wi has over 200 customers and a very large number of
additional design activities for its recently announced
3rd generation products, expecting the W2SW0012 product family
to further add new markets and applications for Wi2Wi solutions
worldwide.
For further information, please contact:
Dr. Reza Ahy
Chief Executive Officer
(408) - 416-4200
reza@wi2Wi.com
About Wi2Wi Inc.
Wi2Wi is a leader in Wireless System-in-Package (SIP) Solutions
for Machine-to-Machine (M2M) and portable device embedded
applications worldwide, including WiFi, Bluetooth, and GPS.
Wi2Wi focuses on Industrial, Medical, Government, &
Infrastructure markets worldwide. Headquartered in San Jose,
California, Wi2Wi provides leading-edge wireless solutions for
embedded applications with substantial savings on time-to-market,
cost, and system-integration. Wi2Wi solutions also leverage its
patent-pending wireless integration technology along with tier-1
global partnerships with industry leading silicon and supply chain
companies, serving a large number of Fortune-500 customers.
Forward-Looking Statements: This news release contains certain
forward-looking statements, including management's assessment of
future plans and operations, and the timing thereof, that involve
substantial known and unknown risks and uncertainties, certain of
which are beyond the Company's control. Such risks and
uncertainties include, without limitation, risks associated with
the ability to access sufficient capital from internal and external
sources, the impact of general economic conditions in Canada, the
United States and overseas, industry conditions, reliance on
industry partners, reliance on third party distributors and sales
representatives ,protection of intellectual property and
proprietary rights, reliance on information technology systems
,length of sales cycle, potential defects in products, changes in
laws, increased competition, lack of availability of qualified
personnel or management, fluctuations in foreign exchange or
interest rate and stock market volatility. The Company's actual
results, performance or achievements could differ materially from
those expressed in, or implied by, these forward-looking statements
and, accordingly, no assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or
occur, or if any of them do so, what benefits the Company will
derive there from. Readers are cautioned that the foregoing list of
factors is not exhaustive. Additional information on these and
other factors that could affect the Company’s operations and
financial results are included in reports on file with Canadian
securities regulatory authorities and may be accessed through the
SEDAR website (www.sedar.com).
This news release contains “forward-looking statements” within
the meaning of applicable securities laws relating to, among other
things, certain anticipated financial results, anticipated market
growth and potential corporate developments of the Company. Readers
are cautioned not to place undue reliance on forward-looking
statements. Actual results and developments may differ materially
from those contemplated by these statements. Factors that could
cause actual results to differ materially include, but are not
limited to, changes in Wi2Wi’s business, general business, economic
and competitive uncertainties.
Forward-looking statements are made based on management’s
beliefs, estimates and opinions on the date the statements are made
and the Company undertakes no obligation to update forward-looking
statements and if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable law.
All subsequent forward-looking statements, whether written or oral,
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these cautionary
statements. Furthermore, the forward-looking statements contained
in this news release are made as at the date of this news release
and the Company does not undertake any obligation to update
publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required by applicable securities
laws.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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