FOR IMMEDIATE RELEASE
THE FASTEST NEXT GENERATION INTERNET – SELECTED AS A FINALIST IN THE ASIAN
SILICON VALLEY CONNECTION (ASVC) START-UP EVENT
Valley – October 18, 2001 - InfoTelesys, Inc., the
company solving the last mile problem by building the next generation IT-I2™
network capable of delivering content at 200 Mbps and 1 Gbps, was recently
selected as a finalist amongst fifteen pre-qualified startup companies that were
invited to present at the Asian Silicon Valley Connection (ASVC) Start-up
competition event, “Gong Show”.
competitive event was established to bring together entrepreneurs and venture
capitalists. Panelists are prominent business leaders including Principal
Managing Director at SOFTBANK Venture Capital, General Partner at Hitek Venture
Partners, Co-Founder and former CTO at CoSine Communications, former Chairman
and CEO at ImmuneTech, and Partner at VantagePoint Venture Partners, with Eric
Pfeiffer, Editor of Forbes Magazine, as the moderator.
to be the only company building a network capable of delivering global
interactive on-demand DVD and HDTV quality content for next generation Internet.
“By fundamentally re-architecting the bones of the network, we are able
to deliver connections directly to the consumer that are over one thousand times
faster than competing broadband DSL, cable and satellite options, and some
seventeen thousand times faster than modems.” said Clive Boustred, Founder,
Chairman and CEO of InfoTelesys. The
company already has demonstrations of its technology and is preparing to launch
its first vertical.
InfoTelesys, Inc. has developed state-of-the-art, ultra-high-speed technologies that provide DVD and HDTV quality content for the next generation of rich media Internet applications. Limited information can be obtained by visiting the company’s website http://www.InfoTelesys.com
We are the last mile™, IT-I2™ are trademarks of InfoTelesys, Inc.
Copyright © 2005 InfoTelesys, Inc. All rights reserved.