SAN DIEGO--(BUSINESS WIRE)--5BARz International (OTCQB:BARZ) (www.5BARz.com) (“5BARz” or “the Company”), a technology leader in the cellular network extender industry and broadband networks, is pleased to announce that our wholly owned subsidiary, 5BARz India Private Limited, has entered the wireless router business through its advanced next generation Wi-Fi broadband router and smart home hub that brings in new innovations for the homes in emerging markets. The new product comes with intuitive features and state-of-the-art functionalities that will now enable Wi-Fi users to smartly monitor, manage and control their home networks while at home or away.
The product brings in a fundamental change in thinking of Wi-Fi users across the world who earlier viewed the router as a mere hardware device whose sole function was to enable access to the internet. The 5BARz Wi-Fi device comes with the 5BARz™ Smart Experience connectivity software and applications, which will enable homes to customize their internet experience completely.
This announcement comes immediately following the announcement on August 31 of signing a landmark deal with a top ISP to deliver a minimum of 5 million units of these devices in India alone over the next few years. The contract volume is close to 1.25 times the current annual router sales of the entire country. On deployment, 5BARz Wi-Fi solution will enable an estimated 25 million users to avail the fastest, optimal and smartest broadband connectivity in the country making it the largest deployment of a solution of its kind in the world.
The Wi-Fi device comes with some features such as: dual backhaul, power backup, mini Wi-Fi instances for each member, customizable bandwidth and data usage, remote monitoring, alerts and advanced IoT (internet of things) capabilities which can be monitored and customized with the easy-to-use 5BARz™ Smart Experience connectivity suite of applications from anywhere and at any time. The product functions as a hub for the smart devices with these built in IoT capabilities which come as a default feature in the device.
G Krishna Kumar, an Independent Telecom Analyst says, “It is great to see 5BARz foray into wireless routers with its pioneering product 5BARz Wi-Fi broadband router. It has some unique features which are best-in-class. I am sure this will revolutionize the broadband market.”
Samartha Nagabhushanam, CEO of 5BARz India Private Limited, commented, “We are confident that this product has the potential to drive growth in not just India but other emerging markets as well. We have innovated this game changing technology in the Wi-Fi domain considering one simple fact: Over 80% of data usage happens indoors. This space needed a transformation. Our 5BARz thinking and specifically the Wi-Fi product improves overall performance and efficiency of a Wi-Fi network, bringing tremendous benefits & experience to the customers in today’s Wi-Fi intensive world.”
Sumanth Sarangapani, one of the leading Smart Home solution provider in India says, “5BARz which is well known for its endeavor to build world-class technology solutions has come up with another unique product. I am positive that this will be a major milestone in their product journey. The 5BARz Wi-Fi experience suite will really transform connectivity and change the current thinking of looking at a router into an expectation of a smart home assistant”.
About 5BARz India
5BARz India Private Limited is one of India’s most promising technology start-ups that is well equipped to provide seamless connectivity solutions. 5BARz India is a part of 5BARz International Inc., a start-up that is delivering solutions for cellular and broadband network operators in providing clear, high quality signal and superior connectivity for their subscribers. 5BARz™ with its 2 state-of-the-art products, 5BARz™ Network Extender for cellular connectivity and the 5BARz™ Wi-Fi router for broadband connectivity is striving to solve the problem of last mile connectivity. Due to the plug & play nature and zero installation cost, the 5BARz™ suite of products is emerging as the most attractive proposition in India.
The ultra-portable 5BARz™ Network Extender incorporates a patented technology to create a high engineering based, single-piece, plug and play device that strengthens weak cellular signals by amplifying even the poorest cellular signals from 1 bar to 5 bars, ensuring uninterrupted connectivity at home and work.
The 5BARz™ Fuji through its single-piece, plug and play device introduces a break through approach in providing uninterrupted and superior coverage and connectivity across home and work with a smart approach to broadband.
For further information about 5BARz International, Inc., visit www.5BARz.com.
For further information on 5BARz India visit www.5BARzIndia.com.
About 5BARz International Inc.
The 5BARz International Inc. business is focused on the global commercialization of patented product technologies branded under the name 5BARz®. 5BARz® is a cellular and broadband connectivity solutions company for application in the small office, home or for when users are mobile. 5BARz® incorporates patented technology to create highly engineered, single-piece, plug 'n play units that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices cellular connectivity device and an uninterrupted and smart solution for the broadband coverage solutions. 5BARz® represents a key solution for network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity. 5BARz International Inc.'s shares are publicly traded on the OTCBB under the ticker symbol BARZ.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
