Wi2Wi announces the release of its Sixth new product this year
TORONTO, ON /June 12, 2017 / Wi2Wi Corporation ("Wi2Wi" or the "Company"), a leading global developer and manufacturer of end to end Wireless Connectivity Solutions, high precision Frequency Control, Timing, and Microwave Filter devices, is pleased to announce a further promising extension of its product portfolio.
“It consists of a new low noise VN05 series Surface mount Oven Controlled Crystal Oscillators (SMD OCXO) with industry’s best in class phase noise and stability. With this introduction we are able to provide phase noise close to the carrier by a great magnitude over products currently available in the market. The new series will achieve superior performance for a wide range of applications across many markets, including communication and test equipment, avionics, medical and military equipment. This is the sixth best in class product we have released so far this year, three from the Wireless Connectivity line and three from our Timing and Frequency Control Device line.” said Michael Sonnenreich, Chairman of the Board.
“We are excited about the release of low noise VN05 series. It is a major achievement for our OCXO family of products. They are superior in low power, low phase noise performance without compromising size and stability which will significantly expand the market for our OCXO products. Wi2Wi continues to focus extensively on developing new products based on client demand and to assure a full line of superior products in each category we produce" said Zachariah Mathews, President and CEO of Wi2Wi.
"I am looking forward to the release of our new low noise VN05 series of OCXO. The VN05 series offers industry’s best phase noise and stability in various outputs and a wide range of standard and customizable frequencies. The performance of VN05 series of OCXO is a significant achievement of our R and D team.“ said Barry Arneson, VP of Engineering.
Specifics on the new product series:
The new low noise VN05 series of Oven Controlled Crystal Oscillators (OCXO) are packed with industry’s best in class features, performance, functionality and stability in a very small surface mount (SMD) packaging. The low noise option for VN05 series SMD OCXO are available in various outputs; CMOS, LVCMOS and 50 ohm SINE WAVE outputs to +13dBm. VN05 series are available in standard power supply options of 3.3V, 5.0V and 12V. The customers also have options to use external voltage control with or without internal voltage references. The best in class stability options from ±1ppb to ±5ppb while dissipating <1W of power +25°C makes VN05 series very attractive for low power applications across many industries . VN05 series of SMD OCXO offers industry’s best in class phase noise performance of -100dBc/Hz at only 1Hz offset and -130dBc/Hz at 10Hz offset. The size verses the performance makes VN05 SMD OCXO ideal for many applications in the portable equipment markets. Applications include communication and test equipment, avionics, medical and military markets. Standard frequencies currently available are 5, 10, 12.8, 12, 16.384, 19.2, 19.44, 20, 25, and 26MHz. The VN05 series can be customised to a wide range of custom frequencies as well. Product with standard frequencies can be shipped in 4-6 weeks custom frequencies can be shipped in 8-10 weeks.
For further information, please contact:
Chief Financial Officer
608 203 0234
About IoT and M2M
Essentially, IoT and M2M describethe network of physical objects or "things" embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. Driven by several factors including the growth in the availability of Broadband Internet, which reduces the cost of connecting, and the related increase in Wi-Fi capabilities as well as sensors built into myriad technologies, this has been described as the “perfect storm” for the IoT. Almost any device with an on and off switch that can be connected to the Internet (and/or to each other) – anything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices, cars, as well as machine components in the engine of a jet airplane or the drill of an oil rig. According to analyst firm Gartner, by 2020 there will be over 26 billion connected devices. Others think this figure could be too conservative by a factor of four.
About Wi2Wi Corporation
Wi2Wi is a vertically-integrated technology company which designs, manufactures and markets high performance, low power wireless connectivity solutions, global navigation satellite system (GNSS) modules, and frequency control devices. The Company's products and services address numerous applications in the markets of Internet of Things (IoT), Machine to Machine (M2M), Avionics, Space, and Government Sponsored Projects. Wi2Wi's products and value-added services provide highly integrated, rugged, robust, and reliable multiprotocol wireless actuators with embedded software, along with customized timing and frequency control devices for customers, worldwide. The Company was founded in 2005 and is strategically headquartered in San Jose, California with satellite offices in Middleton, Wisconsin and Hyderabad, India. Wi2Wi's manufacturing operations, its laboratory for reliability and quality control, together with design and engineering for timing and frequency control devices are located in Middleton, WI. The branch office, located in Hyderabad, India, focuses on the development of wireless connectivity; both hardware and software. Wi2Wi's strategic objective is to service the unique needs of each customer by providing end to end wireless integration solutions and highly customizable timing and frequency control devices. Wi2Wi distinguishes itself from commodity grade products, with best in the market performance, highly reliable, low power wireless connectivity products with integrated software that supports broader temperature ranges and a longer product life cycle. Furthermore, Wi2Wi's end to end product solutions helps the customer substantially reduce their end product expense, certification cost, and overall R&D investment, in addition to substantially reducing the time to market. Wi2Wi has partnered with best in class global leaders in technology, manufacturing, and sales. The Company uses a wide network of manufacturer's representatives, worldwide, to promote its products and services, and has partnered with world class distributors for the fulfillment of orders along with direct sales.
Forward-Looking Statements: This news release contains certain forward-looking statements, including management's assessment of future plans and operations, and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, risks associated with the ability to access sufficient capital, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, stock market volatility. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the Company's operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
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