|
Ethernet Over Mains
29 November 2001
Submitted By: Mark
McCall
"A new base for a Welsh company which
is
developing technology likely to revolutionise communications in the home
and in
the small firms sector is being officially opened this week at Imperial
Park,
Newport.
LANergy Ltd. intends to double its existing
workforce of some 13 scientists as it begins production of hardware and
software, which will allow small and medium sized firms and private homes
easy
access to the astonishing potential offered by broadband
communications.
The company was created earlier this year with
the
backing of a £1.35 million investment syndicate which was led by Finance
Wales'
Innovation Fund and which included Welsh technology entrepreneur Terry
Matthews
together with Jon Moulton of Alchemy Partners and venture capital company
'Wales
Fund Managers'
Essentially, LANergy's pioneering technology
removes the need to wire every device in the home or office into a new
network
to use high speed, broadband voice, video and data.
The cost of doing has so far deterred most
SME's
>from
s of
broadband communications.
But LANergy's technology will use existing
electrical circuits to allow homes and business to connect personal
computers,
TVs, telephones and other devices without the need to install any new
wiring.
It will also mean that many more people in
future
will find it easier to work from home
LANergy's new headquarters at Imperial Park
was
jointly declared opened today by the company's newly appointed Chairman
David
Dey, formerly Chairman of British Telecom and of Energis, and by Finance
Wales'
Chief Executive Colin Mitten.
Said David Dey: " We have some tremendously
exciting technology which is on the verge of coming to market. Looking
forward,
we plan to grow the company and become a significant, technology-based
employer
in the Newport region. These are very exciting times for
LANergy."
| Yahoo! Groups
Sponsor |
ADVERTISEMENT
;) |
|
|
For more information: http://www..automatedhome.co.uk
Post message: ukha_d@xxxxxxx
Subscribe: ukha_d-subscribe@xxxxxxx
Unsubscribe: ukha_d-unsubscribe@xxxxxxx
List owner: ukha_d-owner@xxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|