Anybody want to volunteer to be a pilot site and say goodbye to
the LF bands? :-)
Tracey
Ethernet Over Mains
29 November 2001
"A new base for a Welsh company which is developing technology
likely to revolutionise communications in the home and in the
small firms sector is being officially opened this week at
Imperial Park, Newport.
LANergy Ltd. intends to double its existing workforce of some 13
scientists as it begins production of hardware and software,
which will allow small and medium sized firms and private homes
easy access to the astonishing potential offered by broadband
communications.
The company was created earlier this year with the backing of a
£1.35 million investment syndicate which was led by Finance
Wales' Innovation Fund and which included Welsh technology
entrepreneur Terry Matthews together with Jon Moulton of Alchemy
Partners and venture capital company 'Wales Fund Managers'
Essentially, LANergy's pioneering technology removes the need to
wire every device in the home or office into a new network to use
high speed, broadband voice, video and data.
The cost of doing has so far deterred most SME's from installing
new networking links and enjoying the huge business benefits of
broadband communications.
But LANergy's technology will use existing electrical circuits to
allow homes and business to connect personal computers, TVs,
telephones and other devices without the need to install any new
wiring.
It will also mean that many more people in future will find it
easier to work from home
LANergy's new headquarters at Imperial Park was jointly declared
opened today by the company's newly appointed Chairman David Dey,
formerly Chairman of British Telecom and of Energis, and by
Finance Wales' Chief Executive Colin Mitten.
Said David Dey: " We have some tremendously exciting technology
which is on the verge of coming to market. Looking forward, we
plan to grow the company and become a significant,
technology-based employer in the Newport region. These are very
exciting times for LANergy."
http://www.lanergy.com/
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