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Frost
& Sullivan - 2002 Market Engineering Technology of the
Year Award: |
Frost &
Sullivan recognizes outstanding industry achievements by
presenting Market Engineering Awards to top companies in a
variety of regional and global markets. Their teams of industry
experts recognize the diligence and innovation required to
implement a successful business plan and excel in the
increasingly competitive global marketplace.
These prestigious awards are recognized worldwide by the media,
the investment community and end-user markets.
Frost &
Sullivan Awards "Technology of the Year" To Hughes
Network Systems' DIRECWAY - HughesNet
San Antonio, March
12, 2002
Frost & Sullivan last night
awarded HNS' DIRECWAY® two-way broadband satellite solutions with
the distinguished 2002 Market Engineering Technology of the Year
Award for its vision, innovative solutions, and impact on the
satellite industry.
This award recognizes HNS'
successful development of its DIRECWAY service for businesses and
consumers, and its expected contribution to the industry in terms of
adoption and change.
A team of Frost & Sullivan
analysts tracked market participants' technology innovations through
ongoing market research, market interviews, and extensive secondary
and technology research.
Frost & Sullivan reviewed the
degree of technology adoption in the marketplace and the potential
for DIRECWAY technology to become an industry standard.
Additionally, the analysts reviewed the impact of the technology in
terms of R & D, the capabilities of HNS to deliver an innovative
product to the marketplace as well as third party endorsement of HNS'
leadership in the satellite industry. Finally, in identifying the
Technology of the Year recipient, Frost & Sullivan analysts
examined market share, HNS' success in communicating the
technology's benefits and the potential benefits for consumers and
the marketplace.
"We are recognizing a true
leader in this industry. The DIRECWAY service has all the right
elements for mass adoption: it is a highly flexible solution and it
drives cost efficiencies for enterprise and consumer markets,"
says Frost & Sullivan Industry Analyst Juliette Salvati.
"Frost & Sullivan continues to recognize and credit Hughes
Network Systems for giving birth to the next-generation mission of
the satellite industry."
DIRECWAY two-way satellite can be
considered HNS' fourth-generation network solution, signaling the
rollout for two-way Internet services which bypasses the need for
dial-up connection and provides affordable "always on"
high-speed transmissions from the user to the Internet.
About DIRECWAY
DIRECWAY is the world's leading
broadband by satellite service for consumer, small business and
enterprise markets. Consumers anywhere in the continental U.S. can
get DIRECWAY high-speed Internet service from major providers
including EarthLink, AOL, Pegasus, NRTC and DIRECTV. Enterprises
have access to a wide variety of value-added solutions, all on a
single platform, and all backed by comprehensive support from HNS,
to give companies the edge they need in today's market. To learn
more about DIRECWAY, please visit www.direcway.com.
About Hughes Network Systems
Hughes Network Systems, Inc. (HNS),
a wholly owned subsidiary of Hughes Electronics Corporation
(HUGHES), is the world's leading provider of broadband satellite
network solutions for businesses and consumers, with more than
500,000 systems installed in 85 countries. HNS pioneered the
development of high-speed satellite Internet access services, which
it markets globally under the DirecPC® and DIRECWAY® brands, and
is a major supplier of mobile satellite networks, including GSM-enabled
portable handsets and Internet devices. For terrestrial access, it
offers the comprehensive AIReach® family of broadband wireless,
point-to-multipoint products. In addition, HNS is a leading
manufacturer of DIRECTV® satellite television receivers, having
shipped over 8 million systems to date.
Headquartered outside Washington,
D.C. in Germantown, Maryland, USA, HNS maintains sales and support
offices worldwide. The earnings of HUGHES, a unit of General Motors
Corporation, are used to calculate the earnings attributable to the
General Motors Class H common stock (NYSE: GMH). To learn more about
HNS, please visit www.hns.com.
About Frost & Sullivan
Frost & Sullivan, a global
leader in international strategic market consulting and training,
presents Market Engineering Awards to companies that demonstrate the
diligence, perseverance, and dedication required to develop a
successful business plan and excel in the increasingly competitive
global marketplace. Frost & Sullivan rigorously analyzes
specific criteria to determine Market Engineering Award recipients
in a variety of regional and global market landscapes. Founded in
1961, Frost & Sullivan is headquartered in San Jose, CA with
offices located worldwide: New York, San Antonio, Toronto, London,
Paris, Frankfurt, Beijing, Tokyo, Singapore, Mumbai and Kuala
Lumpur. For further information, visit http://awards.frost.com.
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