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Orlando, Fla. – Cohda Wireless is the latest firm to join
the University of Central Florida Technology Incubator and open
offices in Orlando in the Central Florida Research Park. The
company was founded in 2002 to commercialize a new generation
of mobile wireless broadband technologies out of the Institute
for Telecommunications Research (ITR) at the University of South
Australia.
Martin D. Suter, Chief Executive Officer of Cohda Wireless said “the
multiple-award winning technology firm’s new Orlando office
is its first step in expanding operations to the U.S.”
“As we continue to grow Metro Orlando’s technology
economy, Cohda Wireless is a perfect addition,” said John
Fremstad, Vice President for Technology Industry Development, Metro
Orlando Economic Development Commission. “Companies developing
and providing new technologies, such as Cohda Wireless, will make
Metro Orlando a hub of knowledge-based industries in the 21st century.”
“The UCF Technology Incubator ranks as one of the most successful
university-based technology incubators in the U.S. and is one of
the reasons Cohda targeted Central Florida as its first U.S. location”,
said Martin Suter.
“For many technology specialties, Central Florida ranks
as the most desirable location in the world,” Suter said. “This
area will likely see substantial growth in technology industries
as a result of its growing reputation worldwide,” he added.
The CohdaWireless flagship product, Cohda Mobile-OFDM™ is
a breakthrough technology that is one of the only technologies
designed to address the harshest RF environments; outdoor, non-LOS,
high-speed mobility scenarios. Present and proposed standards,
including Wi-Fi and WiMAX do not address this most demanding of
use cases. Suter said it typically costs upwards of $150,000 per
square mile to deploy standard wireless broadband such as Wi-FI
communications systems due to their limited range and line-of-sight
constraints. Currently available standards-based technologies are
neither designed for nor robust enough for mission-critical situations,
Suter said.c
Cohda will be demonstrating its product at technology exhibitions
through the rest of the year and plans to ship its first systems
to North America early next year. The firm is seeking $5 to $10
million in capital investment to market its technology worldwide.
Cohda is also targeting large technology companies –– Alcatel,
Cisco, Intel, Motorola, and Qualcomm, among others – as potential
investors and strategic partners.
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For more information, please contact:
Martin D. Suter, Cohda Wireless, 407-242-0975 martin.suter@cohdawireless.com
Tom O’Neal or Carol Ann Dykes, UCF Technology Incubator,
407-882-0202
Larry Vershel, Beth Payan, LV Communications, 407-644-4142
About Cohda Wireless
Cohda Wireless is a developer and supplier of digital wireless
communications products that enable new mobile field applications,
such as real time incident video, through the delivery of reliable
high bandwidth communications for first responders on the move.
Cohda Wireless offers greater network functionality and genuine
mobility at a lower cost – a position unmatched by existing
or emerging technologies. Please visit www.cohdawireless.com
About the UCF Technology Incubator
Since its founding in 1999, the UCF Technology Incubator has helped
more than 80 emerging technology companies create over $175 million
in revenue and more than 630 new jobs with an average salary
of $59,000. As a result of this success, the UCF Technology Incubator
was recently named the 2004 Technology Incubator of the Year
by the National Business Incubation Association. Headquartered
in Research Park near the University, the Incubator is a true
collaboration in economic development between UCF, Orange County,
the City of Orlando, the Florida High Tech Corridor Council and
the Metro Orlando Economic Development Commission. For more information,
please visit www.incubator.ucf.edu .
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