Press Release, May 13, 2009 – Dresden (Germany)
Blue Wonder Communications: Foundation for Growth Laid
Funding Secured
Blue Wonder Communications - the independent design house for mobile broadband solutions serving the telecommunications and semiconductors industry - announced thesuccessful completion of funding. The investors are the Technologiegründerfonds Sachsen Seed GmbH & Co. KG (TGFS) and the Mittelständische Beteiligungsgesellschaft Sachsen mbH (MBG Sachsen).
„We have made it our business to provide well directed support to trend-setting ideas and businesses with investments in equity and - based on this - to strengthen the companies long term position", comments Friedemann Stier, Investment Director at CFH Beteiligungsgesellschaft Leipzig, on the investment by the TGFS. „Blue Wonder Communications provides an experienced and engaged team with brilliant ideas. This is a potential we will support with our best effort."
„The idea, the technology and the business plan have attracted our attention", added Nils-Christian Giese, Head of Department at MBG Sachsen. „We were convinced by the team and by the enthusiasm Blue Wonder has started off with."
Blue Wonder Communications will focus on the development of broadband technology for high data rate
transmission, that supports the next generation mobile standard LTE (Long Term Evolution). This technology can be integrated by semiconductor companies in cellular ICs for use in mobile phones and wireless PC adapters. It enables the use of data services, particularly mobile Internet, that need fast data transmission and resistance to interference. Internet surfing, online games and video telephony using mobile devices will feel like being connected via DSL. „The capabilities of the mobile phone are becoming unbounded. Just a few years ago the functionality was limited to phone, text messages and small pictures. With LTE everything is possible starting with transfer of high data rates up to television", exclaims Dr. Wolfram Drescher, Managing Director and Head of Finance at Blue Wonder Communications. He is convinced that the demand for even faster and more secure access to data services will further affect the mobile market for many years.
Blue Wonder Communications started operations in April with a team of 40 employees. „Our team consists of experts for mobile communications solutions. A good portion of them have worked together for many years and have developed innovative products in the Systemonic AG and succeeding businesses", says Dr. Peter Meyer, Managing Director and Head of Development at Blue Wonder Communications. „We have a lot of ideas and need all available hands and heads for the realization - and even more." Growth has already been planned: Blue Wonder Communications will increase the team up to 150 employees in the next three years.


