Tuesday, January 18, 2005

RaySat


Introduces World's First Satellite Antenna for In-Motion High Speed Internet Access and Digital TV Reception

Announcing a breakthrough in mobile computing and communications, RaySat, Inc., a developer of mobile video receiving systems, today introduced the world's first vehicle-based satellite antenna providing in-motion, highspeed Internet access to motorists, including emergency personnel, riding in cars, trucks, or motor homes. The new SpeedRay 3000 is based on an enclosed lowprofile, roof-mounted antenna, which turns any vehicle into a rolling “hot spot,� enabling Internet access to laptops, PDAs, or other devices equipped with Wi-Fi wireless networking technology.

Benchmark is an investor in the company. Company will likely face similar customer acquisition challenges to the likes of XMSR, SIRI

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