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WirelessDevNet.com Press Release
Catcher Holdings, Inc. Acquires Vivato Networks, Inc.
LEESBURG, Va.,-- Catcher Holdings, Inc., (http://www.catcherinc.com), a leader in ruggedized, portable handheld computing platforms for security applications, first responders, and field personnel, completed its acquisition of Vivato Networks, Inc. (http://www.vivato.net). Catcher acquired 100% of the common stock of Vivato for 2,500,000 shares of Catcher's common stock.
The new company is delivering extended range, wireless network infrastructure and multi-functional client platforms combined with standards-based solutions to the global mobile workforce. Combining the capabilities of both companies is providing synergies, yielding a systems level approach, addressing multiple market segments with mobile computing, communications and application solutions. Customers in a wide range of markets including military, homeland security, integrated public safety, municipal, transportation and logistics will benefit from true systems level solutions, addressing the harshest and most demanding mobile application environments.
"We are excited about the powerful combination of Catcher's advanced biometric-driven application platform with Vivato's wireless infrastructure solutions in addressing global security applications," says Hal Turner, Chief Executive Officer, Catcher Holdings, Inc. "It's all about increasing functionality and delivering a solutions-approach, independent of the network, equipment or underlying technology."
Vivato provides a wireless infrastructure capability for both fixed and portable network solutions combining Vivato's patented packet steering, phased array technology with an FCC approved enhanced signal output that enables high performance wireless connectivity in emergency situations where traditional wireless products fail to meet the demanding requirements. The technology allows for an increased ability to penetrate into structures and provides greater coverage for large outdoor areas. This is especially important during emergency situations when existing networks are down or non existent. When combining Vivato's patented technology with the Catcher platform, clients will benefit from an end-to-end standards-based mobile platform for communication, regardless of the environment, linking field personnel and command centers through streams of biometric, GPS, video and audio data.
"Vivato has developed unique and compelling technology to deploy wireless mobility where it is needed, and is an ideal complement to the Catcher platforms," said Gary Haycox, Chief Executive Officer, Vivato Networks. "Combining the technologies of both companies creates a strong business synergy enabling Catcher to deliver new and exciting capabilities for customers requiring mobility in the harshest and most demanding environments. Customers will have the ability to deploy mobile solutions with far greater flexibility, reach and functionality than ever before."
About Catcher Holdings, Inc.
Catcher Holdings, Inc.'s wholly owned subsidiary, Catcher, Inc., is the developer of the CATCHER(TM). The CATCHER is the culmination of new technology breakthroughs, extensive research and product development that the Company believes will meet the needs of many government agencies and commercial entities for a ruggedized, portable, handheld computer, communications and telemetry control device. The unit was designed and engineered to provide field personnel and "First Responders" access to mission-critical information in the form of wireless or wired, real-time bi-directional voice, video, text, telemetry and data-enabling command center personnel to remotely view an incident or job site. The device weighs just 5.8 lbs. when equipped with two batteries that can last up to 8 hours, and, without the batteries, weighs 3.8 lbs. The CATCHER is 10 inches wide, 7.25 inches tall, 2.25 inches deep, with a sunlight-viewable 6.4-inch diagonal VGA LCD backlit touch screen. Photographs and detailed descriptions of the new CATCHER device are available on the company's website at http://www.catcherinc.com.
About Vivato Networks, Inc.
Vivato Networks, Inc. is a wireless systems infrastructure and services company with technology that is based upon an innovative signal processing and antenna design. Vivato's unique patented system architecture enables cost-effective, large-scale outdoor and indoor wireless deployments for metros, rural communities, government (defense, homeland security, emergency management), integrated public safety, airports, seaports, railroads, construction sites, warehouses and universities. Vivato Networks' Professional Services division, GSE, provides wireless network design and integration, and develops aggregated, standards-based solutions and applications for various industry segments. Vivato is headquartered in Portland, Oregon and has research and manufacturing facilities in Spokane, WA. Additional information about Vivato Networks is available at http://www.vivato.com.
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