CellGlide Gets Shekels

LONDON -- CellGlide, the leading provider of telco-grade GPRS mobile traffic shaping solutions for mobile data networks (GPRS, EDGE, UMTS), has today announced that the company has been awarded a grant from the Israeli Office of Chief Scientist (OCS). The grant will fund in full a two-year programme of research and development (R&D), commencing in fiscal year 2003. In the first year, CellGlide will receive around $1million; further funding is anticipated in 2004.

The funding will be used to support CellGlide’s continuing R&D programme, which focuses on the development of the company’s next generation mobile traffic shaping solutions. The funds will be used to deliver network-essential GPRS service policy management tools, enhanced traffic classification attributes, advanced state-of-the-art traffic shaping mechanisms, and superior Quality-of-Experience (QoE) cell utilisation tools. CellGlide plans to double its full R&D headcount in 2004.

CellGlide Inc.