
GISuser.com
January 18th, 2011
Global leader in high-accuracy, software-based wireless location solutions caps successful year with business expansion to support growing demand
POLARIS WIRELESS ANNOUNCES AVERAGE ANNUAL INCREASE IN CONTRACT BOOKINGS OF 66 PERCENT
Santa Clara, Calif. - January 18, 2011 - Polaris Wireless, the global leader in high-accuracy, software-based wireless location solutions, today announced it achieved an average annual 66 percent increase in contract bookings from 2007 to 2010. This accomplishment capped a year in which the 10-year-old Silicon Valley company expanded its workforce and enlarged its footprint by opening a Dubai office to meet growing global demand for its solutions. The substantial increase in new business positions the company well to achieve a significant increase in revenue in 2011. More than twenty-five U.S. wireless operators, two managed services partners, and several government agencies now rely on Polaris Wireless location solutions to enable emergency call applications, lawful and mass location surveillance, and other location-based services.
"In just the last 12-18 months, a number of forces have converged to unleash location-based innovation and fuel the growth of location-based services," said Dr. Phil Hendrix, PhD, director of immr (Institute for Mobile Markets Research) and GigaOm Pro analyst. "Location determination is at the heart of location-based services, and the ability to determine where users are located, more precisely, on more devices and in more places (both indooors and outdoors) is a critical capability that will only increase in importance in 2011 and 2012."
Polaris Wireless achieved several significant milestones in 2010, including:
"2010 was a year of significant growth for our business," said Manlio Allegra, President and Chief Executive Officer, Polaris Wireless. "We have thoughtfully expanded our business in the midst of the global downturn, continued to refine our products to enter new markets, and laid the foundation for even stronger growth in 2011."
The easy to deploy, easy to maintain Polaris Wireless Location Signatures solution identifies the location of a wireless device to within 50 meters and delivers the best software-based location in dense urban and indoor environments, avoiding the costly and time-consuming maintenance associated with hardware-based location solutions. Polaris Wireless also provides its customers regular product enhancements and updates, and 24/7 technical and operational support to better monitor and improve the performance of its solutions. Polaris WLSTM is designed to scale as an operator's network grows, providing location capabilities in 2G (GSM/CDMA), 3G (UMTS/WCDMA), and emerging 4G (LTE) air interfaces, as well as indoor technologies such as WiFi, DAS, and Femtocells. Polaris Wireless ensures that an operator's critical ability to accurately locate all wireless devices will evolve alongside its network evolution.