AOptix and Anova Technologies to Deliver Ultra-Low Latency Wireless Communications Network to Financial Markets
The two companies are building the first ultra-low latency wireless communications networks offering high bandwidth and carrier grade availability
Campbell, Calif., and Chicago, Ill., February 21, 2013 – AOptix (www.aoptix.com), a technology innovation company that leverages optics to transform wireless communications, and Anova Technologies (www.anova-tech.com), a company which builds dedicated low latency networks for the global trading industry, have formed a strategic partnership to deliver ultra-low latency wireless communications networks specifically for the financial industry.
Anova will be responsible for the sales and marketing, network design, and operations of these ultra-low latency networks for the financial services segment. AOptix will be the sole provider of technology and equipment to the partnership.
AOptix’ revolutionary wireless communications technology offers carrier grade availability and the greatest bandwidth of any wireless networking technology on the market. The AOptix systems enable the shortest path possible because they can be installed on any tower, building or other structures.
“Other wireless technologies currently used by the financial industry have critical limitations,” said Dean Senner, Chairman and CEO of AOptix. “AOptix’ solution incorporates a set of disruptive technologies that deliver a combination of benefits the financial market requires and no one else can match—multi-gigabit bandwidth, long link distance, ultra-low latency and carrier grade availability. AOptix technology represents the future of wireless communications which will benefit financial services and many other markets.”
“Market trades today are primarily executed by computers and measured in microseconds,” said Mike Persico, founder and CEO of Anova Technologies. “The speed and competitiveness of the industry are driving demand for faster, more direct and more reliable networks. We’re working with AOptix to build a new class of high-speed wireless networks that provide the performance and availability our clients require. We’re seeing strong demand for them, and we already have commitments from clients who want to be first to deploy these new networks.”
The first network developed under the AOptix / Anova partnership will be rolled out in the New York-New Jersey metro region and later expanded to other major financial markets around the world. The companies expect to complete deployment of the New York-New Jersey route in the first half of 2013.
Besides their application to financial markets through the partnership with Anova, AOptix communications products are well suited to other wireless networking applications in the carrier, enterprise and government sectors including mobile backhaul, remote broadcast, safety, border security and other last mile applications.
For more information:
Anova ultra-low latency wireless network for trading clients: www.anova-tech.com/radio.html
AOptix IntelliMax ULL-3000: http://www.aoptix.com/communications/commercial/products/intellimax-ull-3000
AOptix Communications overview: http://www.aoptix.com/communications/overview
AOptix Technologies Inc. is keeping people safe and connected with its wireless communications and identity verification solutions. The company delivers wireless communications technology and equipment that provide carrier grade availability and long-range, ultra-high bandwidth to solve mobile backhaul congestion and other communication challenges for network operators, enterprises and government agencies. AOptix also delivers highly intuitive and accurate biometric identity verification solutions for a wide range of mobile and high throughput applications. AOptix products are derived from the company’s patented optical technologies originally developed for scientific research and advanced defense applications. AOptix is a privately held company based in Campbell, Calif., with sales offices in Washington D.C., London, Dubai and Singapore. http://www.aoptix.com
About Anova Technologies
Anova Technologies is the preeminent fiber and wireless exchange connectivity provider, exclusively focused on electronic and algorithmic trading clients. With a dedicated team of engineers and physicists, Anova invented today's millimeter wave design and deployment standards for trading networks. A champion of self-disruption, Anova continues to push the boundaries of technology for the financial markets with major new developments pending that will improve availability, capacity and round trip latency in the wireless space. Anova’s proprietary networks span all major exchanges throughout the US, Canada, Western & Eastern Europe, and South America.
# # #
LEWIS PR for AOptix
312.540.9594 ext. 103