BARCELONA, February 17 /PRNewswire/ -- Quantum Telecom Inc. (Quantum, OTC.PK: QTMI) unveils today at the Mobile World Congress in Barcelona its first Ultra Low Cost (ULC) GSM-WiMAX handset. The handset is powered by Runcom's ground breaking OFDMA technology, which is developed for WiMAX and LTE. The handset integrates GSM and WiMAX chipset, capable of voice calls, VOIP calls, and high speed data connection up to 10Mbps on 2.3GHz or 2.5GHz WiMAX spectrum. According to the WiMAX Forum, it is expected that WiMAX coverage will reach 800 million users by 2010, and Quantum intends to supply the demand for ULC handsets.
This represents a significant milestone for Quantum. Having the ability to offer GSM-WiMAX handsets at competitive price points puts Quantum in substantial growing future. The demand for this kind of wireless handsets will be massive. Quantum expects orders for delivery during Q3 2009, stated Momi Nahum, CEO of Quantum Telecom Inc.
We believe that this handset, which was developed by Quantum in a record time, will be a massive addition to Runcom's end-to-end network offering to operators worldwide. This product represents the future of Mobile WiMAX, stated Dr. Zion Hadad, CEO and Chairman of Runcom.
About Runcom Technologies
Runcom Technologies Ltd. develops superior technological standards and products that target the emerging Beyond-3G market, known as WiMAX and LTE, enabling the delivery of enhanced communications services to cellular phones and other mobile devices. Runcom is the recognized pioneer of OFDMA(R) technology, accepted as the preferred solution for the IEEE 802.16a BWA standard, enabling telecoms to provide customers with enhanced voice and data services. The technology continues to strike roots in the expanding wireless agenda, recently becoming a cornerstone of the emerging 802.16e standard for Wireless MAN (Metropolitan Area Networks). Runcom's leading standing in the OFDMA(R) solutions arena and its ability to provide a vertical oriented solution from silicon to complete networks, positions it competitively to lead the way in providing WiMAX solutions in global market.
About Quantum Telecom Inc.
Quantum Telecom Inc. is focusing in developing, design manufacture of custom designed mobile phones. The company, through its subsidiaries, operates in various wireless segments among them are GSM-WiMAX handsets, life style handsets under license and integrated prepaid services on OEM handsets. This diversity of revenue sources is linking to the company expertise in custom-made handsets in a growing market of over 1.25B handsets per annum.
For more information, please visit the company's website at http://www.quantum3g.com
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Runcom Contact: Israel Koffman, V.P. Marketing israelk@runcom.com
Quantum Contact: Investor Relations and Corporate Inquiries: Peter Barach,+1-603-738-9446, info@quantum3g.com
Runcom Contact: Israel Koffman, V.P. Marketing israelk@runcom.com; Quantum Contact: Investor Relations and Corporate Inquiries: Peter Barach,+1-603-738-9446, info@quantum3g.com
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