Trend Setting Technology from Saxony: Intelligent
Chips for Transparent Wireless High Speed Communication
German Chancellor Gerhard Schroeder attends Systemonic's CeBIT Presentation
to learn about Wireless High Speed Transmission of Data, Video and
Voice
Dresden, Germany (March 27, 2002) - Technology developed
in Saxony can be the reason that - in a few months - the market
for wireless networks starts to move faster, because the problems
of the multiple existing standards becomes negligible. At CeBIT
2002 the German Chancellor Gerhard Schroeder visited Systemonic's
booth where he was informed about a breakthrough solution. Ruediger
Stroh, President and CEO of Systemonic, explained the advantages
of the new technology enabling wireless transmission of data video
and voice, independently of standard and frequency band available.
Systemonic, founded in 1999 in Dresden, today employs approximately
100 employees worldwide. In spring 2001 Systemonic opened its US
Headquarter in San Jose (California). Through the acquisition of
the RF networking business from Raytheon Commercial Electronics
in October 2001 Systemonic has a further office in Marlborough (Massachusetts).
This international presence shows that Systemonic has already aligned
with the markets for wireless communications solutions at an early
stage.
Systemonic is en route to becoming a leading provider of complete
silicon systems solutions for multi-band and multi-protocol wireless
communication. Whether it is for the IEEE 802.11b standard at 2.4
GHz, or the ca 5 times faster IEEE 802.11a standard operating in
the new 5 GHz band, for Systemonic the adaptation of W-LAN solutions
to existing, evolving and future standards, is in almost all cases
a question of software and programming.
About Systemonic
Systemonic, founded in 1999, is a wireless communications platform
provider delivering complete Silicon System Solutions that power
wireless data, video and voice networks across standards, across
the world. Its flexible, re-configurable platform, combined with
world-class RF technology acquired in November 2001 from Raytheon
Company, allows customers to bring wireless communications products
that support multiple standards to market faster and with industry-leading
performance. November 2000, Systemonic completed second round funding
of USD 30 million from an investment consortium led by Atlas Venture
and APAX Europe IV, including, Krone mt, Lehman Bros. and Raytheon
Commercial Ventures Inc.
