DockOn
DockOn, a Wireless Technology Company, Closes $14M of Funding to Bring Quantal Core Technologies to Market

DGAP-News: DockOn

27.08.2014 / 17:00

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SAN DIEGO, 2014-08-27 17:00 CEST (GLOBE NEWSWIRE) --
DockOn, a global operations company, today announced the completion of a $14M
funding round enabling market launch of the company's family of Quantal Core
Technologies - a revolutionary low power and high sensitivity analogue radio
receiver technology. 

The funding, from a list of undisclosed international investors, clears all
outstanding debt, funds the company for the foreseeable future and will allow
DockOn's breakthrough Quantal Core Technologies to be brought to market. The
revolutionary low power, highly sensitive radio receiver promises to transform
wireless performance in markets as diverse as WiFi connectivity, wearables,
medical implants, smart grid and other Internet of Things (IoT) devices as well
as satellite receivers. 

New investments will also be made in accelerating market penetration of
DockOn's groundbreaking CPL antennas and Advanced Antenna Design Services. 

Gregory Poilasne, CEO, said, 'The market is excited about DockOn's breakthrough
technologies and this funding gives us muscle to drive the business to the next
level. Over the next few months, we expect to announce a number of new
contracts and development agreements with leading technology companies.' 

'This endorsement from Shareholders around the world emphasizes the tremendous
market opportunity for DockOn's radical new Quantal Core Technologies,' says
Andy Green, Chairman. 'Digital technology is running out of road and our
revolutionary new, low power analogue radio receiver technology is the next
industry leap.' 

About DockOn

DockOn is a global wireless technology company, with offices in Europe, US and
Far East, that licenses high performance, high reliability front ends and
antenna design for high volume applications. DockOn Tools and Design Services
also help customers accelerate their products' time to market. DockOn's CPL
solutions provide true improvements in antenna performance, cost effectiveness
and ease of manufacture while its Quantal Core Technologies drastically reduces
power consumption and improves sensitivity. DockOn solutions, in volume
production today, support a full range of fixed and mobile wireless
applications, including WiFi connectivity devices, smart meters, medical
devices and other M2M technologies. 

Notes to Editors:

DockOn Inc. is a wholly owned US subsidiary of DockOn AG - together DockOn. The
primary operations base for DockOn is San Diego, California and services
customers in the US, Europe and Asia. 

For more information go to www.dockon.com or contact info@dockon.com.
News Source: NASDAQ OMX



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27.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English        
Company:     DockOn         
 
 
             United States  
ISIN:        US9902400046   
 
 
End of News    DGAP News-Service  
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