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Ruckus Wireless Opens Up

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9/19/2005
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MOUNTAIN VIEW, Calif. -- Ruckus Wireless, Inc. (Ruckus), an innovator in next generation wireless fidelity (Wi-Fi) technology, has today launched unique new products and technology that will forever change how multimedia content is distributed throughout the home.

The products include the industry's first multimedia wireless routing system and multimedia adapter. The company also announced today that PCCW, Hong Kong's primary telecommunications provider, will become the first company in the world to offer consumers a complete wireless multimedia solution using innovative new products and technology from Ruckus.

The new Ruckus wireless multimedia products feature first-of-its-kind technology that makes it possible to reliably deliver high-quality video, audio, games and rich data anywhere throughout the home while extending the reach of Wi-Fi transmissions. Until now, the transmission of multimedia content has typically required separate distribution networks in the home.

With the Ruckus system, consumers have the freedom to put phones, computers and audio/visual equipment anywhere within the home without network cabling - effectively eliminating installation inconvenience, wiring costs and unsightly display of cables and cords. Additionally, Wi-Fi users can now overcome environmental challenges such as interference from surrounding wireless devices and networks, or bandwidth contention from concurrent applications such as email downloads and Web surfing, to receive uninterrupted transmission of delay-sensitive media traffic in all parts of the home.

Based on a variety of patent-pending technologies, the new standards-based Ruckus multimedia system automatically and continuously steers wireless signals around sources of interference while intelligently managing all voice, video and data traffic to ensure the most reliable wireless transmissions possible.

"Wi-Fi has been designed for data, not video or voice," said Selina Lo, president and CEO of Ruckus Wireless. "Ruckus Wireless has developed the first technology to truly solve the last 25-metre problem of reliably and cost-effectively transmitting multimedia content over the air. Now, both consumers and service providers can reap the benefits of emerging new broadband services, such as IPTV, that have been hampered by in-home cabling and service installation problems."

In a separate release:

Ruckus Wireless, Inc., formerly Video54, today announced that it has secured $9 million in its second round of financing, which increases total investment in the company to over $14 million since its formation in June of 2004. The proceeds will be used to enhance product development and to scale sales and marketing activities.

Ruckus Wireless develops and markets the only wireless multimedia system that delivers reliable and quality transmission of voice, video and data communications over standard Wireless Fidelity (Wi-Fi) technology throughout the home.

Sutter Hill Ventures and Investment A.B. Oresund of Sweden led the new financing. Existing investors Sequoia Capital and WK Technology Fund completed the oversubscribed round. WK Technology Fund led the $3.5 million first round of financing, while Sequoia Capital and private investors provided the initial $1.5 million of seed money.

Ruckus Wireless has also appointed Wen Ko, founding managing director of WK Technology Fund to its board of directors. In addition to Mr. Ko, the Ruckus board of directors is comprised of a who's who of networking industry veterans including Dominic Orr, chairman and former CEO of Alteon WebSystems, Selina Lo, president and CEO, Gaurav Garg, former founder of Redback Network and partner at Sequoia Capital, and Bill Kish, CTO and co-founder of Ruckus Wireless.

In less than one-year of operation, Ruckus Wireless has developed and delivered the industry's next generation of wireless multimedia products, signed a worldwide agreement to license its BeamFlex(tm) technology to NETGEAR and announced its first customer shipments to PCCW, Hong Kong's primary telecommunications provider.

Ruckus Wireless, Inc.

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