Futaris, Inc. Secures Investment Position in Quintillion Networks
January 28, 2014 --
Anchorage, AK (PRWEB) January 28, 2014
Futaris, Inc., a subsidiary of Calista Corporation, is pleased to announce its investment in Quintillion Networks Limited. Futaris, Inc. provides global IT and communication solutions via satellite, VoIP, broadcasting and LMR communications and has more than 30 years of private and federal telecommunications experience. Futaris is the only approved HITRUST Common Security Framework Assessor organization in the state of Alaska, and is licensed to conduct HITRUST CSF assessments nationwide.
The Calista Corporation represents approximately 12,500 shareholders of the Yukon-Kuskokwim Delta in Southwest Alaska. The region contains nearly 10 percent of Alaskas land area. There are no 100G wired connections from the YK Delta to the rest of Alaska or the world.
Alaska-based QUINTILLION, INC. (Quintillion), a wholly owned subsidiary of Quintillion Networks Limited, is a middle-mile telecommunications company with exclusive rights to develop Alaska fiber optic landing sites. These sites will connect via spurs to a 15,000+ kilometer subsea fiber optic network currently in the pre-construction phase. This project is led by Arctic Fibre Ltd. Quintillion has selected seven landing sites based upon the market and feasibility analysis. The landing sites range from Shemya in the Aleutian Chain, subject of Federal Government approval, to Prudhoe Bay on the North Slope. The project takes advantage of international economic opportunities to route via the Northwest Passage and North Arctic. This network will run between England and Japan, connecting vital financial markets.
Subsequent phases are being developed with the goal of expanding the network to neighboring communities. This improvement in affordability and capacity can provide a wide range of new opportunities for Internet service providers, who in turn, supply service to schools, local governments, health care providers, residential consumers and rural businesses.
Alaska currently has a broadband deficit and this project will fill that need, says Futaris, Inc. President Daniel J. Boone. More importantly, rural Alaskan families and businesses along the western coast will finally have access to affordable and reliable broadband Internet access.
Quintillion Networks CEO Elizabeth Pierce says, "Broadband is fast becoming the key infrastructure element to economic growth, improved health care and education solutions and emergency response and national security capabilities. This fiber optic cable project is not just an excellent opportunity for rural Alaska but for the state and all Alaskans. Significant Alaska investor participation has always been a goal for Quintillion and we are pleased to add the vision and passion of the Futaris team."
For more information, contact Quintillion Networks. CEO Elizabeth Pierce at 1-800-673-4393, or via email at info(at)quintillionnetworks(dot)com.
About Futaris: Futaris is the culmination of evolving technologies that cross the spectrum of the telecommunications and technology landscape. Futaris has been providing IT and communications solutions to enterprise and government agencies across the world for the past 30 years and is 8(a) and DBE certified. Based on the word Future, Futaris represents possibilities and progress. Futaris anticipates and meets its customers ever growing communications and IT security needs. Communications services include: Satellite, Broadcasting, Land Mobile Radio (LMR), Disaster Recovery Networks, VoIP, Mobile Applications, and Video Conference Solutions. IT solutions, products, and services, include: HIPAA and HITRUST Assessments, IT Security Consulting and Training, Vulnerability & Penetration Testing, Remediation Programs, and Hosting.
For more information about Futaris visit Futaris.com or contact Valerie Varney at Vvarney(at)futaris(dot)com or call (303) 332-7888.
Futaris, Inc. Investment in Quintillion Networks Limited
Bits and Bytes
Alaska landing sites, subject to respective agency approvals
- Prudhoe Bay, Barrow, Wainwright, Point Hope, Kotzebue, Nome and Shemya (subject to Federal Government approval)
- New trans-Pacific extension to Seattle may provide opportunity to connect a spur to Unalaska
- The Fiber optic cable is buried around the Alaska coast, and to the landing sites
International sub-sea fiber optic network
- Currently in pre-construction phase
- Over 15,000 kilometers long
- Connects Tokyo and London and other European and Asian communities via the Northwest Passage
Read the full story at http://www.prweb.com/releases/2014/01/prweb11527959.htm.