LightPointe Communications' 1st Quarter Results Rise Over 20% as New Hybrid Optical-Radio Bridges and 70/80 GHz e-Band Solutions Gain Market Share
SAN DIEGO, CA, Apr 11, 2012 (MARKETWIRE via COMTEX) --
LightPointe, the number one manufacturer of 4th generation Free
Space Optics (FSO) and Hybrid Optical-Radio Wireless Bridges, and a
leading innovator in 60/70/80 GHz millimeter wave backhaul solutions,
announced that the company's first quarter results were up over 20%
over the same period last year, largely due to the company's new
AireBeam Series. The AireBeam Series, which is designed for business
and carrier point-to-point network infrastructure, operates in the
70/80 GHz millimeter wave ("e-band") frequency range.
"We're on track for the best year we've had since before the
recession began," said Heinz Willebrand, president and CEO of
LightPointe Communications. "The new AireBeam Series is well-received
by customers in the U.S. and Europe and, when combined with our 4th
generation FSO and Hybrid Optical-Radios, has positioned LightPointe
as a leading manufacturer of long range and small cell backhaul
solutions for any budget, regulatory environment or distance
requirement. I'm particularly proud of our engineering and operations
team which managed the successful development and testing of half a
dozen new products the past eight months, without LightPointe raising
a venture capital funding round, as most of our competitors did. As
we approach mid-year, our team will build on this success and
introduce a new 60 GHz product for the burgeoning small cell market
in support of 4G/LTE customers and enterprises."
LightPointe offers a choice of all three leading wireless
point-to-point technologies, 4th generation Free Space Optics,
60/70/80 GHz radios and hybrid optical-radios which can be deployed
as a GigE Ethernet upgrade for legacy radio bridges made by companies
such as Lancom, RAD and others. All of the company's outdoor wireless
solutions utilize a similar unified software management system which
enables distributors, resellers and integrators the ability to mix
and match technologies for the optimum performance and ROI required
by customers such as hospitals, schools, businesses carriers, rural
wireless internet service providers (WISP) and government agencies.
And the company obtained GSA certification last year, to make it
easier for U.S. government customers to purchase its products.
LightPointe also opened a new manufacturing and testing facility in
San Diego, California, which enables its engineering and operations
team to monitor and fine-tune production and feature deployment
almost in real-time.
LightPointe Communications, Inc. is a leading
manufacturer of wireless Gigabit Ethernet bridges.
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