Category Archives: 5BARz International Inc. BARZ

5BARz International, Inc. (BARZ) Delivers Dual Band Network Extender to Partner Site for Testing

August 7, 2014

5BARz International, a leader in the cellular network extender industry, announced today that its 5Barz dual band Network Extender has been delivered to a major tier 1 carrier for testing and qualification on its network. The devices are to be tested by the carrier’s network optimization team which plans to use these products in wireless environments such as commercial buildings, residences and parking structures – all of which pose challenging technical scenarios. The 5Barz dual band Network Extender aims to help reduce overall capital expenditures and operating expenses for carriers worldwide.

In the areas of design, features and performance, the company has been receiving positive feedback on its dual band Network Extender. The plug and play, user interface and installation instructions are easy to understand which aides in reducing carrier installation cost and support. Users will realize improvement in their voice and data experience through a reduction in dropped calls, increasing call quality and increased data rates. Testing has resulted in noticeable improvements of up to 6 times data rates which enhances the experience of watching high definition videos and improves internet interaction on user’s mobile devices. The radiation patterns of innovative high gain/high efficiency antenna design enables bringing weak base station signals into the device and provides broader coverage for larger areas at higher signal strengths.

“The delivery of our dual band Network Extender to our collaboration partner will enable commercial deployment of our products in major regions and markets. We expect to receive the results within the next 6 weeks. We are working with several major network carriers to enter into collaboration and trial testing agreements,” noted Mr. Daniel Bland, Founder and CEO of 5BARz International.

“This major milestone is a testament to our ability to develop and deploy complex technology in a single unit with zero installation cost that will reduce churn and enable ARPU growth. Our engineering team is working closely with our carrier partners to accelerate commercial deployments,” commented Naresh Soni, 5BARz International’s Chief Technology Officer.

5BARz International Inc. is focused on the global commercialization of a patented product technology branded under the name 5BARz™. 5BARz™ is a cellular network infrastructure device used in the small offices, homes or mobile applications. 5BARz™ incorporates a patented technology to create a highly engineered, single-piece, plug ‘n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity.

For more information on the company visit www.5BARz.com

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5BARz International, Inc. (BARZ) Taps Caputo to Launch its LatAm Operations

August 5, 2014

5BARz International, a leader in the cellular network extender industry has announced the hiring of successful industry executive and former CEO of Telefonica USA, Marcelo Caputo to launch its Latin American operations. Caputo’s hiring represents another step in a series of moves in 5BARz’s execution of their international expansion strategy.

With career development rooted in his systems engineering work for Motorola Argentina in 1991, Caputo carries over 20 years of experience in sales, marketing, engineering and network deployment. He later joined Telefonica as an account manager in 1993. Post 1993, Caputo’s responsibilities expanded into sales management and directorships within the Enterprise Communications Unit.

Mr. Caputo was promoted to Vice President of Global Customers Division, Telefonica International, in Madrid, Spain in 2002. In this position he was responsible for sales and P&L in 20 countries. Most recently, Mr. Caputo has led the Global Customers Division for Telefónica Latin America, a segment he not only founded but assisted in increasing the number of clients within five years.

Mr. Caputo joined Telefonica Mexico as its Vice President of Enterprise Customers Division in 2007 where he designed and built a new organization and launched a new convergent ‘fix & mobile’ service portfolio. Profitability increased 22% under his leadership while developing and expanding the business with local, government, and multinational customers.

Company CEO, Daniel Bland, commented, “We could not be more delighted to have Marcelo take this very significant step in his career to join our growing team and to spearhead the development of our Latin American operations. Marcelo has been a member of our advisory board since October 2011, and has developed a clear vision of the opportunities inherent in our Company’s products, and the tremendous potential for the products in Latin American.”

Mr. Marcelo Caputo added, “I am very excited to join the 5BARz team and to grow our business in Latin America. After being an advisory board member for almost three years, which gave me every opportunity to examine the technology and market potential in Latin America, it is clear to me that 5BARz’s revolutionary technology will significantly advance and improve mobile phone user experience while improving customer satisfaction and retention for carriers that use our technology. This is a powerful product offering that is sure to be a compelling growth proposition in Latin America.”

The 5BARz International Inc. business is focused on the global commercialization of a patented product technology branded under the name 5BARz™. 5BARz™ is a cellular network infrastructure device for use in the small office, home or for when users are mobile.

For more information on the company visit www.5BARz.com

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SeeThruEquity Initiates Coverage of 5BARz International, Inc. (BARZ) with $0.40 Price Target

July 29, 2014

5BARz International, developers of the patented 5BARz™ Network Extender, a cellular network booster unit which beautifully patches holes in carrier’s cellular networks (extending the reach of high-quality signal coverage via a sleek little plug and play device), has a last mile mobile connectivity business model so good that the company has now attracted the attention of smallcap/microcap focused research firm, SeeThruEquity. BARZ’s proprietary, carrier-grade 5BARz Network Extender solution helps bring solid data, video and voice connections to an entire space that has been historically plagued by coverage gaps too logistically difficult or downright expensive for carriers to fix.

SeeThruEquity is noted for their unbiased equity research and so the announcement that they have initiated coverage on BARZ ($0.235/share), with a price target of $0.40/share, is great news to both shareholders and savvy investors alike. SeeThruEquity is approved to get their content into the likes of Thomson One Analytics (First Call), Capital IQ, and Zacks. With a limited distribution to a set of opt-in investors and because they do not do any investment banking or commission-based work, SeeThruEquity is widely perceived to be one of the top, genuinely independent research shops in the game today.

The 5Barz Network Extender represents a new paradigm for indoor mobile and limited coverage areas, and part of the exciting story behind the company’s continually evolving technology is the ongoing collaboration with a top-five global wireless carrier announced last year in April. This collaboration saw much fanfare and attention for the company’s hardware at the Mobile World Congress back in February and BARZ is all lined up to ship four custom units, designed to meet specific requirements of this wireless network operator, out for testing by the third quarter this year. The operator has developed a comprehensive series of testing protocols for the custom carrier-grade builds based on BARZ’s core technology and confidence is running high that the relationship will mature to the point where the 5BARz solution will become a primary staple of this operator’s network hardware footprint.

The appeal of a booster node solution like this is immense for carriers, especially considering how easy it will be to deploy a network-wide implementation. The ability to ensure seamless connectivity for cellular users with a highly localized, efficient, standalone device-based methodology starts to make the age-old problem of poor cellular signal coverage actually look like a growth market. The small office, home and broader mobile spaces addressed by the 5BARz Network Extender are vast and the attrition rate alone globally (roughly 3%), due to poor signal quality, looks to be around a potential $27B market for BARZ.

Telecoms are either already beating a path to the company’s door or they haven’t caught on and soon will be. With a commercial device set to drop in 2015, BARZ is already hard at work putting together the preliminary intelligence and connections needed to support their international expansion ambitions. The plan for BARZ is to target regions globally which have considerable upside for the technology’s roll out and to create strong local management teams leading an array of subsidiaries on a per-region basis, as well as to continue winning over big carriers.

SeeThruEquity was keen to point out the recent appointments by BARZ to their Board in the coverage announcement, citing in particular the new CTO, Naresh Sony, a former CTO for $1.8B market cap mobile technology and patent monetization house, InderDigital. Also noted by SeeThruEquity was the appointment of Dr. Gil Amelio to the Chairman slot. Dr. Amelio is a high-profile industry veteran who previously held the CEO position at sector juggernauts like Apple and National Semiconductor (acquired by Texas Instruments), as well as serving on the Board over at AT&T. Some serious firepower for a relatively little company like BARZ and a very strong signal to markets that these guys mean business.

To learn more about 5BARz International, visit www.5Barz.com

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5BARZ International, Inc. (BARZ) Technology Addresses Looming Void in Cellular Network Infrastructure

July 21, 2014

We’ve all experienced dropped cellular calls, “message not sent” errors, depleting bars on our phone’s network icon, and then the ensuing frustration that leaves you red in the face. Industry research shows that it’s a global conundrum, and that roughly 3% of the 4.33 billion cellular users worldwide will leave their network provider because of subpar signal quality. But as consumers quickly find out, grass isn’t necessarily greener on the other side.

Experiencing steep declines in voice revenues, network carriers around the world are frantic for a solution to provide consistent, high-quality service to the growing number of cellular users. The problem is that carriers simply aren’t advanced to adequately capture the rising demand for increased data usage on mobile phones; their struggles to keep pace are evidenced by fleeting subscribers.

This is where 5BARz International steps onto the scene. The San Diego-based company has identified a $27 billion market opportunity within the wireless infrastructure market and in has developed a critical solution to fill this void and enable subscribers with high-quality connectivity pertaining to the use of data on mobile devices.

Incorporating multiple patented technologies, 5BARz’s “carrier grade” plug-n-play device, the 5Barz Network Extender™, enables network operators to “extend” a new and critical piece of their network infrastructure directly into the homes and offices of its subscribers. The concept isn’t new – cable and Internet Service Providers do the same with boxes and modems – but the device’s “extandability” capabilities are.

The 5Barz Network Extender™, which is capable of being remotely managed from each carrier’s network operation center, combines the send and receives antennas into a single-form factor and automatically cancels echo. The device supports multiple bands and all frequencies around the world without interference with the macro network, meaning it can be used with existing infrastructure and in any location. Furthermore, the device can support up to 10 simultaneous users at a time.

As stated in a corporate video on its website, 5BARz aims to launch its technology onto the international scene, ultimately changing the way mobile networks rollout their business. Aligned with this plan, 5BARz through Computación AM initiated the distribution of its products with an initial delivery to Mexico, Latin America’s second largest market, marking one of numerous steps the company anticipates will position it for long-term, sustainable growth.

For more information, visit www.5Barz.com

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5BARz International, Inc. (BARZ) is “One to Watch”

July 15, 2014

5BARz International is engaged in the design, development and global commercialization of new technologies that enable cellular network carriers to improve the connectivity performance endemic on their networks and provide clear, high-quality signal for their subscribers. Cellular industry data shows that more than 3% of mobile subscribers leave one network for a competing network specifically because of poor signal quality, dropped calls and weak data. By addressing the global demand for high-quality service, 5Barz seeks to capitalize on the minimum market opportunity of approximately $27 billion created by subpar cellular infrastructure.

At the core of this mission is the company’s patented product technology, 5BARz™, a cellular network infrastructure device for use in the small office, home or for when users are mobile. 5BARz has incorporated this patented technology to create a highly engineered, single-piece, plug ‘n play unit that strengthens weak cellular signals and delivers high-quality signals for voice, data and video reception on cell phones and other cellular-equipped devices.

Current cellular network infrastructure is comprised of cell towers, cellular base stations, macro repeaters, micro cells, and many other “carrier grade” technologies and categories. 5BARz aims to revolutionize this network infrastructure with its one-of-a-kind and industry first 5Barz Network Extender™ product. This entirely new category will allow network operators the ability to position or “extend” a new and critical piece of their network infrastructure directly into the homes and offices of its subscribers to deliver a stronger, more reliable cellular single.

5Barz Network Extender was launched in February, 2014, in Barcelona during the Mobile World Congress, and garnered widespread and extremely positive feedback that confirmed the company’s belief that the industry is looking for a solution to improve coverage in poor coverage areas within their networks. 5Barz™ represents a critical solution with the potential to fundamentally change the way cellular carrier network infrastructure is designed and deployed to their billions of subscribers worldwide.

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5BARz, Inc. (BARZ) Invites Investors to Follow Them on Equities.com

July 1, 2014

5BARz International, a technology leader in the cellular network extender industry, is excited to announce that it is now an active subscriber of Equities.com’s Issuer Dashboard to better connect with the investment community. 5BARz will now be able to manage all its digital and social communication outreach through Equities.com’s robust platform, including distributing its latest company announcements, press releases, articles, videos, and interviews to a wide audience of active investors.

“We are pleased to connect with the investor community on Equities.com,” said Mr. Daniel Bland, President and CEO of 5BARz International. “Joining Equities provides us with added visibility and an additional opportunity to interact with investors as we continue on the path of growth and innovation.”

In addition to following 5BARz, self-directed investors can leverage the Equities.com platform to build their personalized investor network. Equities.com enables its users to discover, connect and engage with like-minded individual investors, expert commentators, leading financial writers, Wall Street analysts, money managers, corporate management teams, and professional service providers.

To learn more about the unique features of the Issuer Dashboard, please click the link to watch the video: http://tinyurl.com/issuervideo
.

5BARz International, Inc. (BARZ) Taps David Kovacs for Corporate Development

June 18, 2014

5BARz International, a technology leader in the cellular network extender industry, today announced the appointment of David Kovacs to its growing Corporate Development efforts around the world.

Mr. Kovacs is currently Head of Research and Learning for the Americas for Fitch Learning (Fitch Ratings). Prior to Fitch, Kovacs was a Managing Director at The Hinduja Group, one of the largest diversified finance groups in the world with over $50 billion under management, where he spearheaded the group’s technology investments, strategic relationships and corporate development activities.

5Barz CEO Daniel Bland stated, “We are excited to have David join the 5Barz team in the capacity of growing our corporate and business development activities worldwide. David has proven to be a highly resourceful senior executive. His experience coupled with his relationships and knowledge make him a great fit for our growing corporate and business development efforts. With our global expansion strategy now well underway, David is a significant asset to us in reaching our goal of distributing our technology in every country around the world.”

“I am pleased and honored to join 5Barz as they are one of the most exciting technology companies in telecom today. I look forward to working closely with the extraordinary team they are building around the world in order to fulfill their global vision, leverage their exemplary technology and help fuel growth and long-term performance through relationships, innovation and relentless focus. It is a very exciting time to be joining the Company,” said David Kovacs.

Prior to Hinduja, Mr. Kovacs held various investment banking and private equity roles at bulge bracket firms. He currently holds various executive level advisory roles with both public and private companies. In addition, he continues to lecture at many of the leading investment banks, private equity firms, sovereign wealth funds, and government agencies, including: the Securities & Exchange Commission, New York City Controller Office, Abu Dhabi Investment Authority, JP Morgan Chase, Barclays, Citigroup, RBC, RBS, Lazard, Morgan Stanley, and Deutsche Bank.

5BARz International, Inc. (BARZ) Issues Letter to Shareholders

May 28, 2014

5BARz International, a technology leader in “last mile wireless connectivity” solutions for mobile network operators around the world, issued a letter to its shareholders today.

Key Developments & Highlights of the Letter:

• 5BARz provided updates since the launch and commercialization of the 5BARz Network Extender device in Barcelona in Feb. 2014; the launch was met with extremely positive reception by the industry seeking solutions for improved coverage within their networks
• Continued discussions with collaboration partner for testing and qualifications on their network and is in preparation for product delivery in the near term
• Elaborated further on its product development, testing and qualifications to multiple network carriers in four market regions: LATAM, India, Africa, and the U.S.
• Reported on its previously announced manufacturing partnership with Flextronics, the world’s leading manufacturer of consumer electronic products, to expand 5BARz’ manufacturing capabilities to serve the rapidly growing global market demand

To read the Letter to Shareholders in full, please visit: http://ir.5barz.com/shareholder-letter.

5BARz International, Inc. (BARZ) to Present at Two Upcoming Investor Conferences in NYC

May 21, 2014

5BARz International, a technology leader in “last mile wireless connectivity” solutions for mobile network operators around the world, announced today that it will present at two upcoming investor conferences in NYC: SeeThruEquity 3rd Annual MicroCap Investor Conference and the 3rd Annual Marcum MicroCap Conference.

Event: SeeThruEquity 3rd Annual MicroCap Investor Conference
Location: Convene in Grand Central (101 Park Ave., New York, NY 10178)
Date: Wednesday, May 28, 2014
Time: 9:30 AM (ET)
Room: Madison Hub

Event: Third Annual Marcum MicroCap Conference
Location: Grand Hyatt New York (109 E 42nd Street, New York, NY 10017)
Date: Thursday, May 29, 2014
Room: Morosco

5BARz will present an overview of the Company’s growth opportunities and its most recent product launch, the “5BARz Network Extender”, a wireless connectivity solution for mobile network operators around the world. The 5BARz Network Extender is the world’s first, highly evolved innovative, carrier grade technology device delivering improved cellular signal, enhanced voice, data and video reception and extended battery life on cellular equipped devices.

Mr. Daniel Bland, President and CEO of 5BARz International, commented, “I look forward to presenting at the SeeThruEquity and Marcum Conference and showcasing our flagship product, the 5Barz Network Extender to the investment community. It has received a lot of interest from large network carriers throughout the world and we strongly believe the 5Barz Network Extender is positioned to make a big impact in the telecommunications, technology and consumer electronics sectors.”

5BARz International Inc. (BARZ) Enters into Technical Collaboration with a Multi-national Wireless Operator

June 27, 2013

5BARz International Inc. is pleased to announce that it has commenced a technical collaboration with a multi-national wireless carrier, to deliver a network extender that will be designed and built, based upon the 5BARz patented technology, to meet the specific requirements of that wireless network operator in select geographic regions. “We are excited to have the opportunity, that will help to ensure customer satisfaction, by providing high quality, seamless connectivity to their clients” stated Daniel Bland, CEO of 5BARz International, Inc.

The 5BARz patented cellular booster technology will be filtered to amplify solely the specific cellular signal bands that the wireless operator uses on its networks in those select regions. The Company together with the wireless operator is developing a thorough test plan and upon product delivery, will test the product on their network, against the agreed test plan. Upon successful completion of the test plan, it is envisaged that the 5BARz solution be included within the wireless operators portfolio of solutions for coverage improvement.

Mr. Naresh Soni, Chief Technology Officer of 5BARz International Inc., stated, “Our development team are both excited and confident that we have established a product roadmap which will provide vastly improved, seamless connectivity for cellular users. We applaud our collaborative partners for their foresight and confidence to work with us in this very meaningful endeavor.”

5BARz International Inc. (BARZ) Patented Technology for Cell Phone Signal Boosters Meet and Exceed Requirements Set by the FCC

June 26, 2013

On February 20, 2013, the FCC issued a Report & Order on Signal Boosters which includes rules, policies and specific technical features to protect against interference that may harm the operator’s network. The FCC stated in that report, “We find that these technical safeguards are vital to the development of signal boosters that significantly expand coverage for consumers and do not harm wireless networks. The record reflects that some existing boosters, particularly those that do not provide built-in safeguards, have caused substantial interference to both commercial and public safety.”

The CEO of 5Barz International Inc., Mr. Daniel Bland, explained that it is important to recognize that the patents issued to 5Barz International, Inc. on August 23, 2011 and September 27, 2011, in conjunction with the other technologies, represent a patented system and method for the design of a sophisticated network extender, which incorporates all of the “Network Protection Standard Requirements” set out in the FCC proceeding. 5BARz network extenders provide programmable frequency selection which enables boosting signals designated by a given operator, and will shut down automatically or adjust gains so that they do not cause harmful interference. Furthermore, the technology provides a methodology through which that network extender is incorporated into a small form factor, with “Zero-Touch”, plug and play capability without the need for an external antennae. These technical developments commenced in 5BARz subsidiary back in 2007. Since that time the Company has made significant investment to achieve the technological advances required to make it user and operator network friendly. The Company’s prototype technology and products are currently being presented to global wireless network operators with very positive response

Mr. Bland concluded “The Company was looking forward to the FCC ruling, providing direction for the cellular booster industry in the US. After two years we have clear regulations, which are fully consistent with the development path followed by the engineering at 5BARz. This technology meets the much needed connectivity void existing in cellular networks today, empowering consumers to achieve seamless connectivity.”

5BARz International, Inc. (BARZ) Appoints Behrooz Lessani as the Company’s Vice President of Business Development

June 25, 2013

5BARz International, in establishing it’s position as a leader in providing wireless coverage solutions using network extender devices, has today announced the appointment of the new Vice President of Business Development, to lead 5Barz’s European hub, based in the UK to establish a full-scale operation including sales, marketing and support. As the 5BArz technology gains increasing interest from wireless network operators, establishing infrastructure to service the needs of Telecom operators headquartered in Europe is an important milestone for 5Barz.

Behrooz Lessani, a Telecom Executive, has extensive business development experience in the industry. Behrooz was recently at InterDigital Communications, where he was responsible for European sales and business development. Prior to InterDigital, Behrooz managed business development at Alcatel-Lucent, where he was responsible for setting up the mobile business unit and grew sales of RAN and core network infrastructure. He also held the positions of Head of Mobile Communications Group at Sagentia and Member of Advanced Development at Philips Communications. Behrooz has an MBA from Cambridge University and PhD from University of Leeds. Behrooz has over 30 publications in key telecoms and mobile communications journals and numerous presentations at major international conferences.

Mr. Daniel Bland, CEO & Director of 5BArz states, “We are excited about our international expansion into Europe with addition of Behrooz Lessani as Vice President of Business Development in the region. Behrooz will be responsible for working with European Telecom Operators to gather product requirements, grow product adoption and sales, facilitate trials, and product deployment.”

Mr. Behrooz Lessani states, “I am excited about the opportunity to join the 5Barz team and generate sales growth in the European region. 5Barz is well poised to capitalize on growth of wireless subscribers with the need for ubiquitous mobile broadband experience. Our innovative solution for improved wireless coverage, extends and improves mobile operator’s network within a small footprint in the vicinity of the user.”

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