ATLANTA, Sept. 11, 2003 (PRIMEZONE) -- Sanswire Technologies, Inc., (Pink Sheets:SNWR) announced today that it has redesigned its high-altitude airship, called a Stratellite, in order to increase payload capacity and speed construction of the wireless transmission platform.
The Company has been working on the new design for several months and plans to have a demonstration model of the new Stratellite ready by the end of the year.
A Stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of 13 miles, each Stratellite will provide a wireless transmitting platform that will be able to "see" an area of up to 300,000 square miles. Existing satellites provide easy "download" capabilities, but because of their high altitude, are not practical for "two-way" high-speed data communication. The Stratellite will allow subscribers to easily communicate in "both directions" using readily available wireless devices.
The Company plans to deploy a series of Stratellites in the United States that will be used to create the nation's first National Wireless Broadband Network. When completed, subscribers will be able to access the Internet wirelessly at high-speed from anywhere in the United States and in parts of Canada and Mexico.
"The new design will give us much more flexibility. Not only will we be able to offer wireless broadband services to our subscribers, but the platform can also be used to transmit other wireless services such as cellular, MMDS, fixed wireless telephony, HDTV, and 3G/4G mobile. By owning our own demo airship, we'll be able to demonstrate its capabilities to our potential partners around the world", said Michael K. Molen, Sanswire's CEO.
For more information about Sanswire Technologies, visit the Company's website www.sanswire.com
Forward Looking Statement
This press release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of Sanswire Technologies, Inc. ("the Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; or the failure of third-party contractors to perform their contractual obligations.