New Visual Announces Successful Review from Leading Telecommunications Company
2005年3月30日 - 11:00PM
PRニュース・ワイアー (英語)
New Visual Announces Successful Review from Leading
Telecommunications Company -- New Visual's Innovative Technology,
Embarq(TM), Set to Solve the 'Last- Mile' Problem -- SAN DIEGO,
March 30 /PRNewswire-FirstCall/ -- New Visual Corporation (OTC
Bulletin Board: NVEI), an emerging provider of semiconductors to
the broadband telecommunications industry, provides an update to
highlight the progress of its flagship technology, the Embarq(TM)
family of transport processors. The Company is pleased with the
progress and contemplates that it will enter the market in 2005.
"The offset QAM algorithm inside Embarq(TM) is absolutely at the
leading edge of any transport processor in the world," states
Krishna Yarlagadda, President of HelloSoft
(http://www.hellosoft.com/). HelloSoft, which currently employs 130
people, has recently dedicated a team of experienced hardware,
software and management engineers both in San Jose, California and
in its development center in Hyderabad, India to the
commercialization of Embarq(TM). This staff has completed its
review of the hardware, software and competitive position and has
concluded that the Embarq(TM) family of transport processors has
unique features and benefits that set it apart from the competition
that will allow it to offer very significant advantages to the
world's telecommunications carriers. The most significant advantage
of the technology is the ability to reach farther and faster on a
single pair of unshielded twisted pair copper with a higher data
throughput than the announced VDSL, VDSL2, ADSL, ADSL2, and ADSL2+
products from New Visual's competitors. This is achieved because
the underlying technologies that reside inside the Embarq(TM)
processor are unique and very powerful. "These elegant and accurate
OQAM processes, combined with a powerful data modulator and
demodulator, yields performance results that are better than we
have seen from any other company," stated Mr. Yarlagadda. In
November 2004, the Company completed the research phase of its
product development and handed it off to HelloSoft, Inc. of San
Jose for the development work required for the commercialization of
the technology. HelloSoft is an investor in New Visual, and is
compensated in part with New Visual stock that is issued under Rule
144. "With confirmation like this, I am confident that we will
close a contemplated major new investment, and thus lower the time
to market for Embarq(TM)," stated Brad Ketch, president and chief
executive officer of New Visual Corporation. About New Visual
Corporation Based in San Diego, New Visual is a
late-development-stage fabless communications semiconductor
company. It is developing an advanced technology that allows data
to be transmitted at greater speed and across extended distances
over existing copper wire. For more information, visit
http://www.newvisual.com/. With the exception of historical
information contained in this press release, this press release may
include "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements
involve risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements,
including but not limited to the following: product development
difficulties; market demand and acceptance of products; the impact
of changing economic conditions; business conditions in the
Internet and telecommunications industries; reliance on third
parties, including potential suppliers, licensors, and licensees;
the impact of competitors and their products; risks concerning
future technology; and other factors detailed in this press release
and in the company's Securities and Exchange Commission filings.
New Visual is under no obligation to revise or update any forward
looking statement in order to reflect events or circumstances that
may arise in the future. Contact: Brad Ketch 619-692-0333
DATASOURCE: New Visual Corporation CONTACT: Brad Ketch of New
Visual Corporation, +1-619-692-0333, Web site:
http://www.newvisual.com/
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