Wavion Selected by IT Connect to Provide Wi-Fi Coverage in Dhaka, Bangladesh

Wavion Inc, a company transforming the Metro and Rural Wi-Fi market with a new category of Wi-Fi Base Stations, and IT Connect Limited, an Internet Service Provider (ISP) in Dhaka, Bangladesh, today announced the completion of a large scale Wi-Fi deployment based on Wavion WBS-2400 Base Stations in the city of Dhaka, Bangladesh. The WBS-2400 Base Stations will provide high-speed wireless (Wi-Fi) connectivity to medium and small businesses and residences in Dhaka.

"As a service provider we started off with a solution requirement where wireless connectivity could be delivered to the subscriber with no or minimal CPE cost. The outdoor Wi-Fi solutions available in the market are primarily targeted at the outdoor connectivity and do not address the market demand for a developing country, where subscribers require indoor connectivity. Wavion’s base station fills this void and enable us to provide our customers with the most reliable and affordable broadband connectivity,” said Mr. Waquer Hossain, the CEO of IT Connect Ltd. "After a thorough examination of the existing Wi-Fi solutions, we have chosen Wavion’s WBS-2400 because of its powerful and unique beamforming technology which enables a cost-effective solution with the highest standards of quality of service.”

Wavion’s WBS-2400 spatially adaptive beamforming base stations provide extended range, improved indoor penetration and better interference resilience. The WBS-2400 base stations where installed in Gulshan, Banani, Baridhara and Dhanmondi in Dhaka and provide ubiquitous coverage to the four urban areas. Covering 6 sq.km of Dhaka city.

"We are proud to be selected by IT Connect for their first large scale metro Wi-Fi deployment,” said Eran Kaplan, EVP of Sales and Marketing. "Our superior performance in terms of range and indoors penetration provides a unique value proposition for city-wide deployments.”

About Wavion

Wavion is transforming the metro Wi-Fi and rural markets with a new category of spatially adaptive base stations. The company’s digital beamforming and SDMA technologies are the first and only to resolve the significant performance, penetration and profitability challenges facing large scale metro and rural deployments. Wavion is privately held and backed by world-class investors including Elron Electronic Industries Ltd. (NASDAQ:ELRN), and BRM Capital. Wavion has offices in Miami, Florida, US, San Paulo, Brazil, Buenos Aires, Argentina, Moscow, Russia and New Delhi, India. To learn more, please visit Wavion at www.wavionnetworks.com

About IT Connect

IT Connect Limited is an Internet service provider in Dhaka, Bangladesh, which is marketing its services under the registered trade mark of iconnect®. IT Connect Ltd. Is a privately funded company in its second phase. IT Connect will cover entire metropolitan Dhaka to address the rapid growth in demand for internet connectivity in the urban areas. To learn more about iconnect® offerings please visit IT Connect at www.itconnectbd.com