InfiNet Wireless Announces Strategic Business Expansion Plans with Electronic Saudi Network Company (e-Saudi) for Saudi Arabia and other Countries in the Middle East Region and North Africa
Riyadh, Kingdom of Saudi Arabia, April 23, 2006 - InfiNet Wireless, a leading global vendor of Last Mile connectivity solutions utilizing Fixed Broadband Wireless Access (FBWA) and emerging WiMAX technologies, announced that the company has signed an exclusive agreement with the E-Saudi company for rapid business expansion of distribution channels for Saudi Arabia, Egypt, United Arab Emirates and other key markets of the Middle East region.
E-Saudi is rapidly becoming the largest wireless system integration company in Saudi Arabia bringing total solutions to industrial, high enterprises, government & military as well as public services projects. Both InfiNet Wireless and E-Saudi believe that such a strategic relationship will have a significant impact on providing BWA solutions to the country and the greater region as well.
Marking the first anniversary of working together, InfiNet Wireless and E-Saudi are jointly exhibiting at the Gitex Riyadh show in the capital city on 23-27 April and the exclusive partnership agreement was signed at this time. The partnership will initially focus its business on developing vertical markets in the oil & gas industries, public safety and municipalities, as well as in the banking and IP surveillance areas.
“This is another milestone in further expanding InfiNet Wireless’ international footprint in the crucial and rapidly-growing markets of the Middle East”, said Robert Stubblebine, CEO of InfiNet Wireless. “E-Saudi has a leading position in these high-growth markets and is perfectly positioned to leverage strong market growth with Infinet Wireless fixed BWA and emerging WiMAX technologies. Customers from across the Middle East region will benefit from our expanding business partnership.”
“Over the last year InfiNet Wireless has proven to be a vendor with many unique product differentiators coupled with unbeatable performance in highly-challenging environments,” said His Highness, Prince, Dr. Nayef. “We believe that InfiNet Wireless will provide E-Saudi with the leading-edge solutions and strong vendor support to ensure rapid improvement of BWA infrastructure throughout Saudi Arabia and the ME Region. This will be a winning partnership for both companies.”
About InfiNet Wireless:
InfiNet Wireless is a leading global vendor of Last Mile connectivity solutions utilizing Fixed Broadband Wireless Access (FBWA) and emerging WiMAX technologies. InfiNet Wireless’ leading-edge routing products represent more than ten years of intense engineering efforts by world-class Russian development laboratories, with extensive field experience in the design and deployment of thousands of wireless carrier-class networks. InfiNet Wireless is a member of the WiMAX Forum™ and is committed to bringing WiMAX-compliant products to market based on the emerging 802.16 standard. InfiNet has earned a clear leadership position in fixed wireless installations in Russia and Eastern Europe and has more than 300 carrier-class wireless networks throughout the world.
About Electronic Saudi:
Founded in 2001, Electronic Saudi Network (e-Saudi) is a world-class distribution and solutions integrator specialized in high tech and high quality products servicing the Middle East region. Since its foundation, the company’s commitment has always been to give our customers the best possible products available on the global market with the best service and support required by skilled engineers to streamline design processes and shorten the time-to-market of product delivery. The company has pioneered projects across the Middle East region that set industry benchmarks. Our high credibility rests on our principles of sharing revenues by investing and building large city-wide wireless infrastructures across the region.