Voyant Cheers FCC Decision to Make White Space Spectrum Available to Enable New Services
MOUNTAIN VIEW, CA -- (Marketwire) -- 11/06/08 -- Voyant International Corporation (OTCBB: VOYT), a diversified media and technology holding company dedicated to improving the quality of the digital world for businesses and consumers, commented today on the November 4, 2008 ruling by the Federal Communications Commission (FCC) to adopt rules for unlicensed use of television white spaces. One of the company's business units is Voyant Wireless, which produces next-generation radios by leveraging the company's considerable portfolio of wireless intellectual property and know-how in that field.
Voyant joined other companies like Google, Motorola, Dell, and Hewlett-Packard in cheering the unanimous decision by the FCC to open access to the white space spectrum for innovative new uses on a non-interfering, unlicensed basis. Voyant believes that the FCC has adopted prudent measures to protect existing, licensed users of this spectrum while still driving new, market-creating businesses.
Among a host of other applications, Voyant expects the FCC's ruling to enable services that include:
-- Broad-coverage, cost-effective Wi-Fi replacement for metropolitan
Internet access (the so-called "Wi-Fi on steroids")
-- Cost-effective rural and alternative Internet access
-- A new generation of mobile device on-line connectivity
-- Supervisory Control and Data Acquisition (SCADA)
-- Remote video surveillance
Under a previously announced $2 million contract, Voyant has already been developing radios capable of operation in the UHF and VHF white space region, as well as in the lower and upper 700 MHz licensed and 900 MHz unlicensed bands.
"This FCC ruling validates our decision to develop next-generation radios in this spectral region," said Ed Gerhardt, Voyant's general manager of wireless systems. "We can now leverage the development we've already performed and use it to address what we expect will be an enormous new WSR market. Also, we enjoy a head start in manufacturing because we can leverage our production volumes to begin driving costs down very quickly. This should allow Voyant to quickly achieve the low cost points that will truly drive mass-market adoption of WSR-enabled applications."
About Voyant
Voyant is a media and technology holding company focused on bringing innovative technologies, media assets, and strategic partnerships together to deliver next-generation commercial and consumer solutions to empower, enhance, and enrich our digital world. The company works with strategic partners in the technology and entertainment sectors to locate, partner with, and acquire complementary technologies and media assets that position the company in the value chain from content creation to direct distribution to the consumer. More information can be found at http://www.voyant.net. To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, news alerts and other pertinent information, please register at http://www.voyant.net/investorpass.
Safe Harbor
This news release contains forward-looking statements, including but not limited to, those that refer to the company's future development plans or operating results. Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services; lack of market acceptance of products, services and technologies; adverse government regulations; competition; breach of contract; inability to secure sufficient capital for continued operations; inability to earn revenue or profits; dependence on and retention of key individuals; inability to obtain or protect intellectual property rights; lower sales and higher operating costs than expected; technological obsolescence of the company's products; limited operating history and risks inherent in the company's markets and business and other factors discussed on our corporate website (http://www.voyant.net) on the "Investors" page, in our most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q filed with the SEC. Investors are advised to read our Annual Report, quarterly reports and current reports on Form 8-K filed after our most recent annual or quarterly report. The forward-looking statements in this press release represent our current views as of the dates of individual pages and we disclaim any obligation to update these forward-looking statements.
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Voyant Media and Investor Contact:
Sean Collins
CCG Investor Relations
310-477-9800, ext. 202
Sean.Collins@ccgir.com
Source: Marketwire (November 6, 2008 - 2:00 PM EST)
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