|By Business Wire||
|February 27, 2014 09:08 AM EST||
5BARz International, Inc. (OTC: BARZ), (www.5BARz.com) ("5BARz" or “the Company") a technology leader in “last mile wireless connectivity” solutions for mobile network operators around the world, today announced they have created an entirely new category in the carrier network ecosystem, the “Network Extender.” The 5Barz Network Extender, the world’s first, is a highly evolved, innovative, carrier grade technology and device that delivers much improved cellular signals, enhanced voice, data, and video reception, and extended battery life on all cellular equipped devices globally. The 5Barz Network Extender was unveiled at an invitation only event, which was attended by wireless industry executives, investors, members of the press and analysts during the Mobile World Congress in Barcelona.
Key features include:
- Smallest form factor in the industry: Dimensions are 5.5” x 3.9” x 1.6” and weighs a mere 10.5 ounces
- True “Plug and Play” ease
- Coverage of up to 4000 Square feet
- No broadband or Internet connection required.
- System gain of up to 70 db
- Supports multiple frequency bands in 2G/3G modes with full support of LTE soon to be announced.
- Remote management capability for the company’s mobile network operator partners to monitor, update, control gain and turn-on/turn-off device from the Network Operations Center (NOC).
The 5Barz Network Extender is a consumer device, beautifully designed and available in an array of colors. The 5Barz Network Extender will be distributed through 5Barz’ network carrier partners directly to their subscribers.
The 5Barz Network Extender delivers ubiquitous wireless coverage with a dramatically improved end-user experience without deployment of new and costly macro networks. Leveraging 5Barz Network Extenders, network operators will be able to deliver enhanced reliability, high-bandwidth services, such as, streaming videos, video conferencing, voice quality and increased battery life to their subscribers. In doing so the carriers themselves will benefit by significantly reduced churn and increasing ARPU.
The 5Barz engineering team successfully demonstrated the 5barz Network Extender over a live network in Barcelona and received endorsements from many senior level industry executives and the global telecom press on the products specifications, feature sets and benefits.
“Our product launch during Mobile World Congress represents a major milestone for 5Barz and we are excited to begin field trials, pursuant to our existing collaboration agreement with a major network carrier, in the second quarter. Further, we fully expect to enter into additional collaboration agreements with the many interested major network carriers from around the world in the immediate future. Currently, the 5Barz Network Extender supports frequencies in various countries in Europe, Latin American and Asia, and will support remaining frequencies worldwide in the near future,” says Mr. Daniel Bland, founder, and CEO of 5BARz International. “We are excited to deliver a world-class consumer experience with our new device, which is simple to use with carrier grade capabilities. The 5Barz Network Extender includes several important technical innovations for achieving high system gains in a small form factor by leveraging our patented and patent pending technologies. Our roadmap and innovation pipeline will enable us to ensure we deliver even more compelling feature sets and performance for carriers and end-users,” stated Naresh Soni, CTO of 5Barz International.
About 5BARz International Inc.
5BARz International Inc. is focused on the global commercialization of a patented product technology branded under the name 5BARz™. 5BARz™ is a cellular network infrastructure device for use in the small office, home or for when users are mobile. 5BARz™ incorporates multiple patented technologies to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a critical solution for cellular network operators in providing a clear, reliable, high quality signal for their subscribers with a growing need for high quality connectivity. 5BARz International Inc.'s shares are publicly traded on the OTCBB under the ticker symbol BARZ.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.