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SMITHSTOWN-BASED firm Irish Wireless has signed a deal with Israeli wireless broadband provider RADWIN.
The deal means Irish Wireless - which provides wireless networking solutions to businesses across this region - will distribute RADWIN's wireless broadband systems across the state, as well as providing associated training and support.
Chief executive of Irish Wireless, Gurmukh Neote said: "RADWIN is renowned for producing carrier-grade wireless broadband radios.
"Our joint partnership combines RADWIN's best-in-class solutions together with Irish Wireless' expertise in distributing wireless equipment. By joining forces we can provide customers with high performance wireless links delivering native TDM and Ethernet (up to 16 E1s) with up to 100 Mbps capacity for distances of up to 120 Km."
Meanwhile, Yaron Ziv, RADWIN's European sales director added: "We are excited to partner with Irish Wireless in order to bring customers in Ireland high-quality wireless broadband. Ireland is a market where the demand for wireless broadband and the need to reach out to rural areas is rapidly growing, and with our solutions in place, operators can expand their networks quickly and affordably like never before."
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DIGITAL television provider, Chorus NTL has launched its new High Definition television service in Limerick. The new service means customers of the UPC-owned company, which is based at the LEDP in Roxboro, will be able to experience crystal clear pictures, which have only been available to Sky satellite customers until now.
Simon Kelehan, head of TV with Chorus ntl, said: "Nearly half a million homes all over the country, including Limerick, are future-proofed to receive Chorus ntl HD services. Combining Digital+ and our new HD service provides our viewers with an incredibly intense and vivid viewing experience across a range of channels."
High Definition picture quality is superior to normal television because the number of pixels is up to five times higher than that of normal television.
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THE Association of Certified Chartered Accountants is encouraging companies to act early and attempt a somewhat different arrangement instead of immediately going into liquidation.
The new arrangement, codenamed a 'pre pack procedure' means an insolvent company can, while still trading, find a buyer for the core business. The core business would remain, but with all revenue debt, bank debt and credit removed. Once the cash is received from the sale, the core business would immediately appoint a liquidator. Although the company would be unable to pay all creditors, the original business could continue under new ownership with all its debts removed.
Tom Murray, chairman of the ACCA practitioners network says: "Pre-pack arrangements can remove a lot of the cost of business liquidation and most importantly, protect jobs and otherwise viable businesses.
"If a business waits too long to find a buyer, banks may appoint a receiver or creditors may appoint a liquidator. The business interruption this causes can greatly reduce the value of a business and the amount available to pay creditors and lenders. A pre-pack can also avoid having to make employees redundant.
"A pre-pack is dependent on directors recognising the inevitable early, but they are in most cases, best placed to find a buyer and to obtain the best price for the business."
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NEW statistics just out show that more than 2,000 firms across the region took part in skillnet programmes last year.
Skillnet programmes consist of enterprise-led training, which helps plug skills gaps in industry through masterclasses on research and development, new products, marketing and brand communication.
Across Co Limerick, Co Clare and Co Tipperary, around 8,000 participants took part in around 30,000 training days at hotels.
Nationally, €36m was invested in developing the skills of over 56,000 workers in Irish enterprise; €25m from the National Training Programme, coupled with over €10m from independent companies.
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A SPECIAL workshop in Limerick next week will ask the question: 'Why don't women take control of their own finances'?
Stock market trading company Invest Like the Best will be at the Castletroy Park Hotel this Monday evening for a special information session on investing one's assets in the stock market.
The free workshop will give participants the background to a full day seminar, giving an introduction to investment and how the financial markets work.
"We understand that people can feel uncomfortable in the unfamiliar environment of finance knowledge and that's the whole reasoning behind the free workshops," explained Susan Hayes, organiser of the event.
"Anyone can attend, no previous financial knowledge is needed. The workshops give a good introduction to investment and how the financial markets work. Having listened to the basics, attendees can then make an informed choice about booking onto a full day seminar."
Anyone who is interested in going along to the session - which gets under way at 7pm - can reserve their place via the website (www.iltb.ie), call Susan Hayes on 086-1003948, or simply come along on the evening.
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Weather for Limerick
Wednesday 08 February 2012
Today
Light rain
Temperature: 7 C to 9 C
Wind Speed: 22 mph
Wind direction: South east
Tomorrow
Light rain
Temperature: 8 C to 11 C
Wind Speed: 14 mph
Wind direction: South
