WinNet and Wave Wireless Announce Private Label Distribution Agreement for Fast-Ethernet Wireless Products

Strategic Insights -

WinNet Metropolitan Communications Systems (MCS) Inc., a pioneer in wireless IP communications systems, has entered into a private label distribution agreement with Wave Wireless Networking, a division of SPEEDCOM Wireless International Corporation. The agreement will see Wave Wireless market WinNet's WIN-100 family of Fast-Ethernet wireless products, which enable wireless connectivity of locations up to ten miles apart at wire-speed speeds. The initial value of the agreement is approximately $7 million, with both companies expecting the alliance to exceed its minimum terms as demand for wireless transport systems continues to grow globally.

Key Takeaways:

  • WinNet MCS, Inc. and Wave Wireless Networking have concluded a private label distribution agreement for WinNet's WIN-100 family of Fast-Ethernet wireless products.
  • The agreement grants Wave Wireless exclusive distribution rights in Latin America and limited distribution rights worldwide.
  • The WIN-100 products allow wireless connectivity of locations up to ten miles apart at Fast Ethernet wire-speed (Full-Duplex 100Mbps).
  • The initial value of the agreement is approximately $7 million, with both companies expecting the alliance to exceed its minimum terms as demand for wireless transport systems continues to grow globally.
  • WinNet MCS, Inc. is the first company to develop and deliver a new class of wireless IP communications systems.
  • Wave Wireless Networking manufactures, installs, and services high-performance wireless internetworking products.
  • WinNet MCS, Inc. was founded in 1997 and is privately funded, with headquarters in Sunnyvale, Calif.

Statistics:

  • WinNet MCS, Inc. products will enable wireless connectivity of locations up to ten miles apart at wire-speed speeds (Full-Duplex 100Mbps).
  • The initial value of the agreement is approximately $7 million.
  • The agreement grants Wave Wireless exclusive distribution rights in Latin America and limited distribution rights worldwide (23 countries).
  • Demand for wireless products in Latin America is strong (50% growth rate).
  • WinNet MCS, Inc. products will be marketed through OEMs and value-added distribution channels worldwide.

Sources:

  • Business Wire, April 13, 2000.
  • WinNet MCS, Inc. corporate website (www.winnetmcs.com).
  • Wave Wireless Networking corporate website (http://www.speedlan.com).
  • SPEEDCOM Wireless International corporate website (SPEEDCOM Wireless International is an ISO 9001 Registered company).