|By Engin Sezici||
|January 7, 2010 10:15 AM EST||
Coming off a major growth year, magicJack inventor and founder Dan Borislow introduces another industry first: the smallest, lowest cost, plug and play femtocell technology.
What is our femtocell?
magicJack’s femtocell technology enables your cell phone or smart phone to connect through our Voice Network, instead of your carrier network. By utilizing our network via a magicJack account that costs just $20 a year, you may save hundreds and even thousands of dollars a year by offsetting cellular minutes. In addition, when calling internationally, customers will save anywhere from 95-100 percent off current cellular carrier rates. Up to 50 percent of mobile users have terrible phone reception in their houses or small businesses. With our femtocell technology, people will get exceptionally clear quality voice calls every time.
This femtocell will work with mobile phones from potentially any carrier and you may even use an old GSM cell phone without any paid service plans with a carrier. Not only can people connect to their own magicJack device but they can also connect to other femtocell-enabled magicJacks at friends’ houses and businesses. All the user has to do is come within eight feet of the magicJack one time to register the connection and then talk away within a range of a 3000 square foot house.
Other companies have spent up to billions of dollars developing versions of femtocell but they have not achieved the ease-of-use, considerably smaller size and very low cost structure of our femtocell technology. These factors will be critical in determining which company may achieve wide scale deployment using femtocell. magicJack has been developing this technology for over six years and has taken an entirely different path than the rest of the industry. Dr. YW Sing, the inventor of the first video phone chip, and Dan Borislow, the inventor of magicJack, in collaboration have designed and built a new chip that enables our femtocell product. This same chip will revolutionize the way we are able to reach 911 emergency centers too. Said Borislow, “We believe our technology might be the only one that makes sense for any telephone operator to deploy. With over five million magicJacks in the hands of consumers and business owners across the globe, magicJack users create a massive network that will be available via the femtocell technology.” The femtocell product will first be available to magicJacks' existing customer base.
The YMAX Voice Network has supported magicJack with complete reliability as its growth scaled to 200,000 new customers per month in 2009. Our parent company YMAX designed the network to be the lowest cost and highest quality voice network in the industry with more switches/gateways (50 plus) and more session border controllers for security than any other telecom company. YMAX is certified in all 50 states and has the largest breadth of area codes in the country.
Who is magicJack and YMAX?
magicJack is a subsidiary of YMAX. YMAX not only owns magicJack, it also owns its own chip company, softphone company, softswitch/SBC/application server company and has two patents with six others pending. YMAX believes all of its subsidiaries have the market leading technology in their respective fields.
In the past two years, magicJack has sold over five million magicJacks. These plug and play devices can replace home or business phone service for just $20 a year by providing free local and long distance, free voice mail, your own phone number and many other features. Since its launch, the magicJack has received numerous product of the year awards. magicJack is adding 8,000 new customers a day and is sold in almost every major retailer and online. Radio Shack gave magicJack their most innovative product of the year award in 2009. We expect to see additional awards once the femtocell technology is introduced in 2010.
YMAX delivers close to a billion minutes a month now with 99.9% reliability. It has not only been the fastest growing telephone provider ever but has increased its customer care scores by over 10 times in the last two years. Customers reach us on average within four seconds, 24/7. Customers are asked to grade us between 1 and 5 with 5 being excellent service. We began with one 1 to three 5’s. Now on any given day, we get one 1 to forty 5’s. Rated an A by the Better Business Bureau (BBB), this rating is well deserved.
magicJack is currently rolling out a major upgrade to save your contacts and recently called numbers on our network so they are more accessible to you. If you add a second location or use our soon-to-be-announced, stand-alone service (similar to Skype but at a fraction of the cost and with better call quality), you can share this important data across all your phones and computer.
YMAX is a profitable company that had GAAP revenues of about $30 million in 2008 and $110 million in 2009.
magicJack will be exhibiting at the ShowStoppers media event tonight and hosting a private media party for viewing the femtocell technology in the Wynn Fairway Villas (#307) adjacent to the ShowStoppers ballroom. Please be in touch with Kari Hernandez at [email protected] for access to the private event where we are giving away over 300 magicJacks.
About YMAX Corp. and magicJack LP
YMAX Corp. is a modern phone company with one of the largest newly deployed CLEC networks in the United States. Led by telecommunications veteran Daniel Borislow, YMAX provides high quality, low-cost phone calls via the innovative magicJack USB device and YMAX Voice network that puts an end to monthly phone bills. magicJack LP is a wholly owned subsidiary of YMAX Corp. YMAX also owns SJ Labs, the world leader in VoIP software, and offers its customized softphone solution with all magicJacks. YMAX is a private company based in Palm Beach, Florida. Additional information about YMAX can be found at www.ymaxcorp.com. To purchase or read more about the magicJack, go to www.magicjack.com. The magicJack is also available in most major retailers including RadioShack, Walmart, Best Buy, Fry’s and Walgreens.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data shows "less than 10 percent of IoT developers are making enough to support a reasonably sized team....
Nov. 28, 2015 01:00 PM EST Reads: 464
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
Nov. 28, 2015 12:00 PM EST Reads: 325
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound cha...
Nov. 28, 2015 12:00 PM EST Reads: 546
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, demonstrated examples of com...
Nov. 28, 2015 11:45 AM EST Reads: 396
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningful and actionable insights. In his session at @ThingsExpo, Paul Turner, Chief Marketing Officer at...
Nov. 28, 2015 11:15 AM EST Reads: 409
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Nov. 28, 2015 11:00 AM EST Reads: 508
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Nov. 28, 2015 10:30 AM EST Reads: 306
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 28, 2015 10:00 AM EST Reads: 184
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessions, I wanted to share some of my observations on emerging trends. As cyber security serves as a fou...
Nov. 28, 2015 08:45 AM EST Reads: 329
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
Nov. 28, 2015 08:45 AM EST Reads: 431
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now all corporate assets – people, objects, and spaces – can share information about themselves and thei...
Nov. 28, 2015 06:00 AM EST Reads: 240
Continuous processes around the development and deployment of applications are both impacted by -- and a benefit to -- the Internet of Things trend. To help better understand the relationship between DevOps and a plethora of new end-devices and data please welcome Gary Gruver, consultant, author and a former IT executive who has led many large-scale IT transformation projects, and John Jeremiah, Technology Evangelist at Hewlett Packard Enterprise (HPE), on Twitter at @j_jeremiah. The discussion is moderated by me, Dana Gardner, Principal Analyst at Interarbor Solutions.
Nov. 28, 2015 05:30 AM EST Reads: 730
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Nov. 28, 2015 05:00 AM EST Reads: 359
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true change and transformation possible.
Nov. 28, 2015 04:00 AM EST Reads: 538
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound effect on the world, and what should we expect to see over the next couple of years.
Nov. 28, 2015 03:30 AM EST Reads: 473
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" in this scenario: microservice A (releases daily) depends on a couple of additions to backend B (re...
Nov. 28, 2015 03:00 AM EST Reads: 450
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Yet a closer inspection at the data reveals less than half of these cloud projects involve production...
Nov. 28, 2015 03:00 AM EST Reads: 482
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, wil...
Nov. 28, 2015 02:00 AM EST Reads: 579
PubNub has announced the release of BLOCKS, a set of customizable microservices that give developers a simple way to add code and deploy features for realtime apps.PubNub BLOCKS executes business logic directly on the data streaming through PubNub’s network without splitting it off to an intermediary server controlled by the customer. This revolutionary approach streamlines app development, reduces endpoint-to-endpoint latency, and allows apps to better leverage the enormous scalability of PubNub’s Data Stream Network.
Nov. 28, 2015 02:00 AM EST Reads: 328
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at Built.io, examined how Docker has evolved into a highly effective tool for application delivery by allowing increasingly popular Mobile Backend-as-a-Service (mBaaS) platforms to quickly crea...
Nov. 28, 2015 02:00 AM EST Reads: 360