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Siemens Venture Capital makes strategic investment in Tropos Networks Inc.

SUNNYVALE, CA, SEPTEMBER 20, 2005 – Tropos Networks Inc., the leading supplier of equipment used to build metro-scale Wi-Fi mesh networks, today announced that Siemens Venture Capital, a subsidiary of Siemens AG, has made a strategic investment in Tropos. In this context, the Siemens Communications Group will evaluate Tropos MetroMesh systems for use in new geographic and vertical markets. Terms of the funding agreement were not disclosed.

“We are pleased to make this strategic investment in Tropos Networks, the clear leader in the metro-scale Wi-Fi mesh networking system market,” said Louis Rajczi, Vice President & Investment Partner, Siemens Venture Capital. “We look forward to teaming with Tropos to facilitate adoption of their fast, low-cost and simple MetroMesh systems in new geographic markets, as well as in vertical markets such as carriers, intelligent transportation systems and energy production and distribution.”

Christoph Caselitz, President of Mobile Networks at Siemens Communications, said, “Mesh techniques represent the next logical step in development for Wi-Fi radio networks, as can now be found in ever more offices, homes and public buildings. Here we see a lucrative market for service providers and mobile operators.”

“Siemens’ investment is another indication of the exceptional opportunity in the metroscale Wi-Fi mesh networking market and of Tropos’ leadership within that market,” said Ron Sege, President and CEO of Tropos Networks. “We look forward to working with Siemens to further expand our already unmatched installed base of 200+ customers in more than 25 countries. This strategic partnership will help to accelerate our growth by developing additional geographic markets worldwide and selling into new application spaces, including the carrier market.”

Metro-scale mesh networks deliver city-wide fixed and mobile broadband access via a scalable, reliable and secure Wi-Fi infrastructure. Mesh routers form a self-configuring and self-healing wireless broadband data network that dynamically self-organizes as routers are added or subtracted, backhaul supplied or removed, and interference comes and goes. The network forwards client data from mesh router to mesh router to a wired Internet connection. The result is a large scale Wi-Fi deployment with high throughput that does not require wired backhaul to each access point, installer truck rolls or expensive and complex client devices and software. A Wi-Fi mesh network can be deployed at a multi-square-mile scale in a matter of days, providing a broadband experience indistinguishable from indoor wireless and wired networks.

Tropos MetroMesh routers quickly and economically use the intelligent Tropos Predictive Wireless Routing Protocol (PWRP™) to provide pervasive coverage over metro areas. PWRP forms a wireless mesh, dynamically routing traffic along the highest throughput path to an Internet connection. This intelligent routing negates effects of radio frequency (RF) interference, backhaul failure and mesh router failure. PWRP scales to thousands of nodes with the lowest routing overhead in the industry. Network support costs are minimized via the central management capabilities of the Tropos Control element manager, a configuration, monitoring and maintenance tool. The result is unprecedented bandwidth on the street, easy and low cost installation and operation, and true metro-scale coverage.

Metro-scale Wi-Fi mesh networks implemented with Tropos MetroMesh routers allow public safety agencies, municipalities and service providers to quickly and easily deliver city-wide fixed and mobile multi-megabit connectivity for IP-based voice, video and data applications.

About Tropos Networks, Inc.
Tropos Networks is the proven leader in delivering truly ubiquitous, metro-scale Wi-Fi mesh network systems. We deliver the fastest, lowest cost and simplest wireless broadband access solutions, as demonstrated by the world’s largest installed<

Publisher Contact Information:

Siemens Venture Capital GmbH (SVC)
+49 89 636 34488

Company profile of Siemens Venture Capital GmbH (SVC)
Past press releases of Siemens Venture Capital GmbH (SVC).


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