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LaserBit Communications, the British-American-Hungarian developer of laser-based communications systems, has set up a subsidiary company in the UK to meet increasing market demand for its products.
The company has just filed a patent for innovative technology that increases the availability and hence reliability of its systems to more than 99.9%, greatly extending their range and potential applications.
LaserBit Communications (UK) is managed by Michael Acton, who joins LaserBit from his role as strategic business development manager at GK Data, a division of Dimension Data.
A recent report from Merrill Lynch predicts that the market for free space optic (FSO) transmission systems such as those developed by LaserBit is likely to grow from its current value of $100 million to some $2 billion in five years.
Laser-based systems offer users such as telecommunications operators and corporates high bandwidth with no interference issues, licensing requirements or leased-line rental costs.
The LaserBit products are quick and easy to install, and the company's newly patented technology increases the distance over which signals can be transmitted with an availability of 99.9% or higher to 5km.
This reliability is much greater than that of competing products, including microwave and spread-spectrum radio.
The company's systems have already been installed at a number of UK corporates by distributor CIE-Networks, who will continue to work in partnership with LaserBit and its new UK subsidiary.
"We can now outperform other wireless systems with power to spare, and LaserBit systems continue to operate through rain, fog, snow and even sandstorms when others simply lose transmissions", said Bela Gyoeri, president and CEO of LaserBit Communications and one of the company's two Hungarian founders.
"I am confident that this development will help our products to rapidly gain market share against other wireless solutions, and the opening of our UK and Ireland office will play a significant part in that growth.
We are constantly striving to improve our products, and with 25% of our staff working in R and D we anticipate further launches over the next few months which will further extend the services we can provide", he explained.
"Reliability was paramount during our analysis of available laser systems, as we wanted a product which we could confidently bring to the UK market", said Glenn Mather, manager of the Networks Division of CIE-Group.
"Not until we discovered the LaserBit system did we feel we had a product which had obviously been designed with reliability in mind at every stage.
The new technology provides a further dramatic increase in the performance of laser communications, and we share LaserBit's optimism about future market growth".
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