Achieves Performance Breakthrough with DiversityPlus™ Technology
for Cell Phones
New Radio Chip to Extend
Cell Phone Battery Life, Improve Coverage and Double Capacity of
CLINTON, N.J. – (May 12, 2003)
– Magnolia Broadband, Inc., a fab-less semiconductor company
and innovator of radio frequency (RF) solutions for the cellular
industry, today announced DiversityPlus™, a technology platform
designed to exploit antenna diversity architectures in mobile terminals.
With this breakthrough, Magnolia is the first to improve both transmission
and reception capabilities in mobile terminals using dual antenna
inputs and outputs to create more robust signals through its diversity
algorithm processing. Cell phones powered by DiversityPlus™
will have longer battery life and enable carriers to improve coverage
and data through-put, as well as serve twice as many subscribers
with the same infrastructure.
DiversityPlus™ RF products are based on the
company’s proprietary algorithms and RF integrated circuit
(RFIC) designs. The first products for CDMA handsets will ship in
sample quantities in Q4 this year. Magnolia has also partnered with
major semiconductor industry leaders to support the CDMA mobile
terminal suppliers and to deliver high quality products in volume.
“The wireless industry has been facing vexing
issues such as coverage, network capacity and short battery life
for a long time”, said Magnolia CEO, Haim Harel. “Magnolia
is creating a quantum leap for the wireless industry by enabling
service providers to deliver needed improvements in quality of service
to their customers on an individual basis.”
“Our tests of Magnolia’s DiversityPlus™
solution with two of the world’s largest CDMA service providers
have been well received”, said John H. Moon, SVP Corporate
Development. “Magnolia’s application of antenna diversity
in the handset will deliver a unique solution in addressing the
service provider’s needs.”
DiversityPlus™ technology in the mobile terminal
does not require any change to the service provider’s network
or to the wireless standards. Also, implementation of Diversity
Plus will provide substantial savings to the carrier relative to
expensive networks and can be phased in as demand grows. “With
the growing use of antenna diversity technologies in cellular base
stations, the industry has a greater appreciation of the benefits
that now can be derived from diversity enabled handsets”,
according to Haim Harel.
Over the next 6 months, Magnolia will be conducting
its second phase of field trials with wireless service providers.
The company is also aggressively working to deliver engineering
prototypes of its DiversityPlus™ chipsets and expects to announce
supply agreements with mobile terminal manufacturers to integrate
the chipsets in commercial handsets in the near future.
About Magnolia Broadband
Magnolia is an innovative developer of semiconductors
for the wireless industry and the first company to provide diversity
antenna technology using unique RF chipset products that incorporate
both transmit and receive diversity. By using a unique RF (Radio
Frequency) chipset carriers can serve more subscribers within the
same wireless infrastructure while improving coverage, data rates
and battery performance.
Since its inception in late 2000, Magnolia has
raised $9 million in capital from notable investors like Draper
Fisher Jurvetson Gotham, ECentury Capital Partners, SCP Private
Equity Partners, Selway Partners and Silverstar Holdings. Magnolia
has filed numerous patents related to its core technology and partnered
with semiconductor industry notables as Jazz Semiconductor, and
Amkor Technology for their manufacturing and production services.
For more information, go to www.magnoliabroadband.com.
Magnolia Contact information
Director of Accounts
Fusion Public Relations
570 Seventh Avenue
NY, NY 10018
John H. Moon
Senior Vice President, Corporate Development
Magnolia Broadband, Inc.
64 Old Highway 22, 3rd Floor
Clinton, New Jersey 08809