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Peraso Inc. Announces Purchase Order for Advanced Roaming Technology in Korea With Continued Expansion Into Asia

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Peraso Inc. (NASDAQ:PRSO) has received a purchase order for its High-Velocity Roaming (HVR) technology to enhance high-speed internet connectivity on moving trains and subways in Korea. The initial quantities will be used to demonstrate and characterize the use of 60GHz for HVR in the Korean public transportation system. Peraso's HVR technology provides uninterrupted high-speed internet to passengers on fast-moving trains, managing signal transfers between access points spaced approximately every kilometer.

CEO Ron Glibbery expressed delight in the technology's recognition and evaluation in one of the world's most congested subway systems. The company is also working to win a similar program for deployment on the rail system in China. This market expansion aligns with Peraso's strategic objective to enhance connectivity solutions globally, addressing the evolving needs of urban transit systems.

Peraso Inc. (NASDAQ:PRSO) ha ricevuto un ordine di acquisto per la sua tecnologia High-Velocity Roaming (HVR) per migliorare la connettività internet ad alta velocità su treni e metropolitane in Corea. Le quantità iniziali verranno utilizzate per dimostrare e caratterizzare l'uso della tecnologia a 60GHz per l'HVR nel sistema di trasporto pubblico coreano. La tecnologia HVR di Peraso fornisce internet ad alta velocità senza interruzioni ai passeggeri su treni ad alta velocità, gestendo i trasferimenti di segnale tra i punti di accesso distanziati di circa un chilometro.

Il CEO Ron Glibbery ha espresso gioia per il riconoscimento e la valutazione della tecnologia in uno dei sistemi metropolitani più congestionati al mondo. L'azienda sta anche lavorando per ottenere un programma simile per la sua implementazione nel sistema ferroviario in Cina. Questa espansione di mercato si allinea con l'obiettivo strategico di Peraso di migliorare le soluzioni di connettività a livello globale, affrontando le esigenze in evoluzione dei sistemi di trasporto urbano.

Peraso Inc. (NASDAQ:PRSO) ha recibido un pedido de compra para su tecnología High-Velocity Roaming (HVR) con el fin de mejorar la conectividad de internet de alta velocidad en trenes y metros en Corea. Las cantidades iniciales se usarán para demostrar y caracterizar el uso de 60GHz para HVR en el sistema de transporte público coreano. La tecnología HVR de Peraso proporciona internet de alta velocidad ininterrumpido a los pasajeros en trenes de alta velocidad, gestionando las transferencias de señal entre puntos de acceso separados aproximadamente cada kilómetro.

El CEO Ron Glibbery expresó su alegría por el reconocimiento y evaluación de la tecnología en uno de los sistemas de metro más congestionados del mundo. La compañía también está trabajando para ganar un programa similar para su implementación en el sistema ferroviario en China. Esta expansión de mercado se alinea con el objetivo estratégico de Peraso de mejorar las soluciones de conectividad a nivel global, atendiendo las necesidades en evolución de los sistemas de tránsito urbano.

Peraso Inc. (NASDAQ:PRSO)는 한국의 기차 및 지하철에서 고속 인터넷 연결을 강화하기 위해 High-Velocity Roaming (HVR) 기술에 대한 구매 주문을 받았습니다. 최초의 수량은 한국 공공 교통 시스템에서 60GHz 기술의 사용을 시연하고 특성화하는 데 사용될 것입니다. Peraso의 HVR 기술은 빠른 기차에서 승객에게 중단 없는 고속 인터넷을 제공하며, 매킬로미터마다 간격을 두고 배치된 액세스 포인트 간의 신호 전송을 관리합니다.

CEO Ron Glibbery는 세계에서 가장 혼잡한 지하철 시스템 중 하나에서 기술이 인정받고 평가되는 것에 기쁨을 표했습니다. 이 회사는 또한 중국의 철도 시스템에 배포하기 위한 유사한 프로그램을 수주하기 위해 노력하고 있습니다. 이번 시장 확장은 Peraso의 글로벌 연결 솔루션 향상이라는 전략적 목표와 일치하며, 도시 교통 시스템의 진화하는 요구를 해결하고 있습니다.

Peraso Inc. (NASDAQ:PRSO) a reçu une commande pour sa technologie High-Velocity Roaming (HVR) afin d'améliorer la connectivité Internet à haute vitesse dans les trains et métros en Corée. Les quantités initiales seront utilisées pour démontrer et caractériser l'utilisation de la technologie 60GHz pour le HVR dans le système de transport public coréen. La technologie HVR de Peraso fournit un internet à haute vitesse ininterrompu aux passagers dans des trains à grande vitesse, gérant les transferts de signal entre des points d'accès espacés d'environ un kilomètre.

Le PDG Ron Glibbery a exprimé sa joie de voir la technologie reconnue et évaluée dans l'un des systèmes de métro les plus congestionnés au monde. L'entreprise travaille également à obtenir un programme similaire pour son déploiement dans le système ferroviaire en Chine. Cette expansion de marché s'aligne sur l'objectif stratégique de Peraso d'améliorer les solutions de connectivité à l'échelle mondiale, répondant aux besoins évolutifs des systèmes de transit urbains.

Peraso Inc. (NASDAQ:PRSO) hat eine Bestellung für seine High-Velocity Roaming (HVR)-Technologie erhalten, um die Hochgeschwindigkeits-Internetverbindung in fahrenden Zügen und U-Bahnen in Korea zu verbessern. Die anfänglichen Mengen werden verwendet, um die Nutzung von 60GHz für HVR im koreanischen öffentlichen Verkehrssystem zu demonstrieren und zu charakterisieren. Die HVR-Technologie von Peraso bietet unterbrechungsfreies Hochgeschwindigkeits-Internet für Passagiere in schnell fahrenden Zügen und verwaltet die Signalübertragungen zwischen Zugangspunkten, die ungefähr jeden Kilometer entfernt sind.

CEO Ron Glibbery äußerte seine Freude über die Anerkennung und Bewertung der Technologie in einem der verkehrsreichsten U-Bahn-Systeme der Welt. Das Unternehmen arbeitet auch daran, ein ähnliches Programm für den Einsatz im Schienensystem in China zu gewinnen. Diese Markterweiterung steht im Einklang mit Perasos strategischem Ziel, globale Konnektivitätslösungen zu verbessern und die sich wandelnden Bedürfnisse urbaner Transportsysteme zu erfüllen.

Positive
  • Received purchase order for High-Velocity Roaming technology in Korea
  • Potential expansion into China's rail system
  • Technology addresses growing demand for high-speed connectivity in public transit
  • Aligns with company's strategic objective to enhance global connectivity solutions
Negative
  • None.

SAN JOSE, CA / ACCESSWIRE / September 23, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leading provider in the wireless technology solutions market, announced the receipt of a purchase order for its High-Velocity Roaming ("HVR") technology. This technology enhances high-speed internet connectivity on moving trains and subways. The initial quantities of this order will be used to demonstrate and characterize the use of 60GHz for high velocity roaming (HVR) in the Korean public transportation system.

Peraso's HVR technology is designed to provide uninterrupted high-speed internet to passengers on fast-moving trains, ensuring seamless connectivity as users transition between access points. With an access point approximately every kilometer, the HVR system adeptly manages the transfer of signals from one access point to the next, enabling a smooth and reliable user experience. This feature is essential for maintaining service quality in environments where traditional connectivity solutions fall short. As cities worldwide continue to invest in upgrading their transportation infrastructure, Peraso is committed to providing top-tier solutions that improve passenger experiences and operational efficiencies.

"We are delighted that our HVR technology is gaining recognition and is being evaluated in one of the world's most congested subway systems," stated Ron Glibbery, CEO of Peraso Inc. "This order not only highlights the growing demand for high-speed connectivity in public transit, but it also underscores the effectiveness of our technology in addressing the unique challenges posed by high-velocity environments. We are working concurrently to win a similar program for deployment on the rail system in China."

This market expansion reflects the Company's strategic objective to enhance connectivity solutions globally, responding to the evolving needs of urban transit systems.

About Peraso Inc.
Peraso Inc. (NASDAQ: PRSO) is a pioneer in high performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, military, `immersive video and factory automation. In addition, Peraso's solutions for data and telecom networks focus on Accelerating Data Intelligence and Multi-Access Edge Computing, providing end-to-end solutions from the edge to the centralized core and into the cloud. For additional information, please visit www.perasotech.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might," "will," "expects," "intends," "believes," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address customer relationships, as well as availability, operating performance, advantages of the products of Peraso, market acceptance of our products and anticipated acceptance and use of mmWave technology, which are not otherwise historical facts, are forward-looking statements.

Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of mmWave technology by transit and rail systems, the availability and performance of Peraso's products, reliance on manufacturing partners to assist successfully with the fabrication of our ICs and modules, availability of quantities of ICs supplied by our manufacturing partners at a competitive cost, level of intellectual property protection provided by our patents, vigor and growth of markets served by our customers and our operations, and other risks. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.

Contact Information

Tyler Weiland
Vice President, Public Relations
tweiland@sheltongroup.com
(972) 571-7834

Mark Lunsford
CRO
mlunsford@perasoinc.com

SOURCE: Peraso Inc.



View the original press release on accesswire.com

FAQ

What is the purpose of Peraso's High-Velocity Roaming (HVR) technology?

Peraso's HVR technology is designed to provide uninterrupted high-speed internet connectivity to passengers on fast-moving trains and subways, ensuring seamless connectivity as users transition between access points.

Where is Peraso (PRSO) implementing its HVR technology?

Peraso has received a purchase order to implement its HVR technology in the Korean public transportation system, specifically for moving trains and subways.

Is Peraso (PRSO) expanding its HVR technology to other markets?

Yes, Peraso is working concurrently to win a similar program for deployment on the rail system in China, indicating expansion into other Asian markets.

How does Peraso's HVR technology work in transit systems?

The HVR system manages the transfer of signals between access points spaced approximately every kilometer, enabling smooth and reliable connectivity for users on fast-moving trains.

Peraso, Inc.

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