Anova Technologies Wins “Best Wireless Network Infrastructure Innovation” at the 2013 Global Telecom Business Innovation Awards

London, New York and Chicago, IL - 4 June 2013

Anova Technologies was selected as the recipient of the “Wireless Network Infrastructure Innovation” Award. This distinction recognizes RFConnect, the fastest and most available wireless trading network in the world. RFConnect, currently being deployed across the New York/New Jersey and Chicago metro areas, is celebrated for its patent protected hybrid radio that marries laser with millimeter wave.

World’s only carrier-grade, dual-spectrum wireless network. Integrated laser/radio frequency platform achieves the highest availability, range and capacity in existence today.

Anova Technologies, the preeminent financial and exchange connectivity provider, was selected at the 7th annual GTB Innovations dinner as the winner of the “Wireless Network Infrastructure Innovation” award. Anova shared this honor with their strategic partner Aoptix Technologies.

This distinction recognizes RFConnect, the fastest and most available wireless trading network in the world. RFConnect, currently being deployed across the New York/New Jersey and Chicago metro areas, is celebrated for its patent protected hybrid radio that marries laser with millimeter wave. The system can withstand virtually all inclement weather and deliver fiber-like availability through the air. Furthermore, Anova’s robust portfolio of FCC registered links, combined with this technology that solves for weather outage problems, enables clients to take advantage of true shortest route / fastest connection networks.

“RFConnect is a significant innovation and we are proud to accept this award,” said Michael Persico, Founder and CEO of Anova Technologies. “As we’ve stated previously, we believe this technology will obsolete all other wireless systems. You have to remember; every other wireless network out there is vulnerable to a myriad of atmospheric events… snow, rain, fog… Not only vulnerable, but the research shows the links will go down. Clients on RFConnect, will be up and running while firms on other systems will be out of the game.”

Anova has cited their availability study, completed earlier this year, which revealed RFConnect’s unparalleled ability to withstand all types of inclement weather. The findings, available through Anova’s marketing department, showed that whereas RFConnect’s dual spectrum technology experienced a total downtime of only 21 hours per year, on select financial industry paths, its competitors experienced downtime of 888 to 2976 hours per year over the same paths. “There is nothing off-the-shelf about our networks,” continued Mr. Persico. “Everything we operate is custom engineered to be the best.”

Key financial exchanges in the UK and Europe are slated for late Q2 deployment. As of mid Q2, Anova has sold nearly 40% of its UK RFConnect initiative circuits.

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