PRZOOM - /newswire/ -
Caulfield North, Victoria, Australia, 2008/02/04 - General Public witnessing through Telepathx WSN Vision is just the beginning of potentially New multi Billion Dollar Market.
Telepathx Ltd the Melbourne Australia based wireless sensor network provider confirmed today this it the recipient of the prestigious Frost & Sullivan Entrepreneurial Company Award in the Asia Pacific Region for its developments in Active Radio Frequency Identification (RFID) & wireless sensor network technologies.
The Frost & Sullivan Award for Entrepreneurial Company is presented each year to the small company that demonstrated superior entrepreneurial ability in its industry during the research period. This Award signifies the company's identification of a unique and revolutionary product solution with significant market potential. Additionally, the Award certifies that the company's marketing strategy is sound and poised for success.
What the general public is witnessing through Telepathx’ WSN vision is just the beginning of a potentially multi billion dollar market in Asia Pacific by 2013. There is no similar solution to Telepathx’s WSN in Asia Pacific. Likewise, ‘it is one of a kind in the global market; thereby, the company has tremendous opportunities to tap new emerging markets.
The company’s technology through various partnerships will enable new nationwide wireless sensor networks to be built that will benefit entire communities’ said James Eades Telepathx Chairman and CEO, ‘developing the technologies to facilitate intelligent energy grids is the our primary focus, the business model and multi purpose platform we have created to leverage it will enable this to happen because the platform was designed to go well beyond energy asset monitoring to provide services to public and private sectors.
Unlike traditional sensor networks the Telepathx WSN solution was developed to consolidate fragmented cellular, satellite, scada and fixed wire communications services onto a single platform. ‘Leveraging the platform was the key factor in realising our goals; and in this way added Eades allows energy providers to build the wireless network backbone with a greater return on investment. The benefit and value proposition to communities will be fewer power outages, remote meter reading, reduced rates on managed security services, wide area asset tracking and instantaneous notification of floods, mudslides, auto accidents and fire ignitions.
Telepathx Ltd is a new breed of Communications Company at the forefront of reactive wireless sensor network technology, and is leading the global effort in developing multi-functional intelligent energy networks that benefit entire communities via its communications aggregation technology.
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