From:TheBahamasWeekly.com
Major high tech wireless company to begin operation in Freeport
Nov 25, 2006 - 7:21:14 PM
PHOTO. - Prime Minister the Right Honourable Perry Christie is pictured as he accepts a piece of the high tech equipment from Mr. Jasper Knabb. His company Pegasus Wireless Corporation will commence operation in
Grand Bahama in February employing some 280 persons. Left to right in the photo are: Ms.
Pleasant Bridgewater MP, Mrs. Tammy Knabb, Mr. Hedley Forbes, Mr. Knabb, Mr.
Albert Gray (GBPA president), Prime Minister Christie, Senator Caleb Outten, Mr. Perry Woodward (Pegasus executive), Hon.
Obie Wilchcombe (Minister of Tourism), Mr.
Hannes Babak (GBPA executive), Mrs. Petra Hanna-Weekes (attorney) and Ms. Constance McDonald.
Major high tech wireless company to begin operation in
Freeport
FOR IMMEDIATE RELEASE
By Simon Lewis, BIS (G.B.)
A major high tech wireless company is set to open one of its networks in
Grand Bahama early in 2007, a move that will instantly provide some 280 jobs to young Bahamians.
Mr. Jasper Knabb, Chief Executive Officer and President of Pegasus Wireless Corporation confirmed during a press conference in the Office of the Prime Minister at
Freeport Friday afternoon that they will be opening shop in
Grand Bahama come February of 2007.
He said the company is currently trying to acquire the old Home Centre building on
Peel Street in the industrial area, but failing that will construct its own facility on property near the brewery currently under construction on Queen’s Highway.
Prime Minister the Right Honourable Perry Gladstone Christie, Tourism Minister the Honourable
Obie Wilchcombe, Senator the Honourable Caleb Outten and Marco City Member of Parliament Ms.
Pleasant Bridgewater topped a list of senior officials and Grand Bahama Port Authority executives that participated in Friday’s briefing which also saw Mr. Knabb displaying some of his products.
Mr. Knabb has more than twenty years experience in the high tech industry.
His expansive involvement in the technology business encompasses PC manufacturing, distribution and sales, computer gaming, technology development and product development.
Pegasus Wireless Corporation has been providing customers worldwide with broadband wireless networking solution since it was founded in 1993.
The company’s mission is to bring standards based wireless solution to all areas of application-specific markets by providing the most feature-rich, flexible and robust hardware and software solutions customized for each application’s unique needs.
The firm holds a patent to 802.11 technologies, which is the platform for all wireless protocol.
This allows the user to implement wireless network products for various applications without needing to load and configure additional software drivers.
In order to meet the needs of the company’s current rate of growth, as well as bring innovative products to retail shelves
Pegasus acquired three companies in late 2005, Amax Engineering Corporation located in Fremont, California; CNet Technologies, Inc which is based in China; and S.K.I. Technologies which is located in Taiwan..
These three companies gives Pegasus the capacity to engineer, manufacture and distribute its wireless products through its own channels therefore eliminating the need for contract manufacturing from outside venues.
In Pegasus’ annual report for 2005 it is reported that the company estimated that the combination of its three subsidiaries have the ability to produce approximately $650 of Pegasus’s product and the new Freeport plant is expected to add considerably to that inventory.
Mr. Knabb told Friday’s gathering that after meeting Prime Minister Christie and several of his Cabinet Ministers and the Grand Bahama Port Authority, it became very clear that
Grand Bahama
Island would be the next home for Pegasus Wireless as they attempt to broaden their market.
“This plant will employ approximately 280 employees.
And you are probably asking yourselves the question I initially asked – where are we going to get 280 high tech employees to build wireless at a predominantly tourist nation?
“Well we are going to train them. We are going to teach them!
I had the pleasure of speaking with the Prime Minister about a week ago on education.
He and I sometime in January will be doing a tour of the schools throughout The Bahamas with the Minister of Education,” he informed.
According to Mr. Knabb they will be talking to the individual students and to the schools and they anticipate “opening this plant in February of 2007.”
He told the gathering that they will start out with light manufacturing until they get surface mount technology machines in.
Giving his description of light manufacturing Mr. Knabb said they will be doing assembly here for the first sixty days, February and March and then moving into the high tech areas of building electronics just like in
China and
Taiwan.
“We think we are going to have great success with your youths” he said, adding that their goals are to “solicit your children to come to work for us.
We need them and we are willing to pay them.
“We are going to work very hard with the Prime Minister and his Cabinet and the education system here to be able to set up a program where we can pay these students to come and they get their college credits,” he said.
According to the investor it is their desire to take these students out of school for an hour, maybe two hours a day, whatever the curriculum allows and they will “pay them and train them and teach them to do these higher tech jobs.”
It was Mr. Knabb’s opinion that there are tremendous opportunities here which he feels have been overlooked.
“Thanks to your Prime Minister and his Ministers we see that opportunity and we are taking steps at a very rapid pace,” he said before giving the gathering a demonstration on what will be taking place with his company on
Grand Bahama
Island.
Prime Minister Christie used the occasion to encourage Grand Bahamians and Bahamians generally to have faith in his administration as there is some $18 billion worth of investment taking place through the country and he predicted that the
Bahamas will soon have Zero unemployment.
He said the nation is already the envy of region.
He also touched on their plans to grow the economy of Grand Bahama and assured residents that his Government is actively pursuing the growth and development of the island from East End to West End and will not allow anyone, any firm or institution to get in the way of growing
Grand Bahama
Island.
Mr. Christie encouraged Mr. Knabb to begin right now to identify those children with the aptitude in our school system in Grand Bahama to work in the field and at the level they would require so that we may together put in place right now the training needed for them.
Also he said they “ought to begin right now to examine the schools to see how we could improve access by the children to the technology that you can help us to introduce in those schools.”
The Prime Minister also told Mr. Knabb that he looks forward to future meetings and to develop the other proposals that he has made to the government “and most certainly being able to come back to Grand Bahama to indicate to Grand Bahama how those new proposals will impact Grand Bahama.”
November 24th 2006
PHOTO. - Prime Minister the Right Honourable Perry Christie is pictured as he accepts a piece of the high tech equipment from Mr. Jasper Knabb. His company Pegasus Wireless Corporation will commence operation in
Grand Bahama in February employing some 280 persons. Left to right in the photo are: Ms.
Pleasant Bridgewater MP, Mrs. Tammy Knabb, Mr. Hedley Forbes, Mr. Knabb, Mr.
Albert Gray (GBPA president), Prime Minister Christie, Senator Caleb Outten, Mr. Perry Woodward (Pegasus executive), Hon.
Obie Wilchcombe (Minister of Tourism), Mr.
Hannes Babak (GBPA executive), Mrs. Petra Hanna-Weekes (attorney) and Ms. Constance McDonald.
Major high tech wireless company to begin operation in
Freeport
FOR IMMEDIATE RELEASE
By Simon Lewis, BIS(G.B.)
A major high tech wireless company is set to open one of its networks in
Grand Bahama early in 2007, a move that will instantly provide some 280 jobs to young Bahamians.
Mr. Jasper Knabb, Chief Executive Officer and President of Pegasus Wireless Corporation confirmed during a press conference in the Office of the Prime Minister at
Freeport Friday afternoon that they will be opening shop in
Grand Bahama come February of 2007.
He said the company is currently trying to acquire the old Home Centre building on
Peel Street in the industrial area, but failing that will construct its own facility on property near the brewery currently under construction on Queen’s Highway.
Prime Minister the Right Honourable Perry Gladstone Christie, Tourism Minister the Honourable
Obie Wilchcombe, Senator the Honourable Caleb Outten and Marco City Member of Parliament Ms.
Pleasant Bridgewater topped a list of senior officials and Grand Bahama Port Authority executives that participated in Friday’s briefing which also saw Mr. Knabb displaying some of his products.
Mr. Knabb has more than twenty years experience in the high tech industry.
His expansive involvement in the technology business encompasses PC manufacturing, distribution and sales, computer gaming, technology development and product development.
Pegasus Wireless Corporation has been providing customers worldwide with broadband wireless networking solution since it was founded in 1993.
The company’s mission is to bring standards based wireless solution to all areas of application-specific markets by providing the most feature-rich, flexible and robust hardware and software solutions customized for each application’s unique needs.
The firm holds a patent to 802.11 technologies, which is the platform for all wireless protocol.
This allows the user to implement wireless network products for various applications without needing to load and configure additional software drivers.
In order to meet the needs of the company’s current rate of growth, as well as bring innovative products to retail shelves
Pegasus acquired three companies in late 2005, Amax Engineering Corporation located in Fremont, California; CNet Technologies, Inc which is based in China; and S.K.I. Technologies which is located in Taiwan..
These three companies gives Pegasus the capacity to engineer, manufacture and distribute its wireless products through its own channels therefore eliminating the need for contract manufacturing from outside venues.
In Pegasus’ annual report for 2005 it is reported that the company estimated that the combination of its three subsidiaries have the ability to produce approximately $650 of Pegasus’s product and the new Freeport plant is expected to add considerably to that inventory.
Mr. Knabb told Friday’s gathering that after meeting Prime Minister Christie and several of his Cabinet Ministers and the Grand Bahama Port Authority, it became very clear that
Grand Bahama
Island would be the next home for Pegasus Wireless as they attempt to broaden their market.
“This plant will employ approximately 280 employees.
And you are probably asking yourselves the question I initially asked – where are we going to get 280 high tech employees to build wireless at a predominantly tourist nation?
“Well we are going to train them. We are going to teach them!
I had the pleasure of speaking with the Prime Minister about a week ago on education.
He and I sometime in January will be doing a tour of the schools throughout The Bahamas with the Minister of Education,” he informed.
According to Mr. Knabb they will be talking to the individual students and to the schools and they anticipate “opening this plant in February of 2007.”
He told the gathering that they will start out with light manufacturing until they get surface mount technology machines in.
Giving his description of light manufacturing Mr. Knabb said they will be doing assembly here for the first sixty days, February and March and then moving into the high tech areas of building electronics just like in
China and
Taiwan.
“We think we are going to have great success with your youths” he said, adding that their goals are to “solicit your children to come to work for us.
We need them and we are willing to pay them.
“We are going to work very hard with the Prime Minister and his Cabinet and the education system here to be able to set up a program where we can pay these students to come and they get their college credits,” he said.
According to the investor it is their desire to take these students out of school for an hour, maybe two hours a day, whatever the curriculum allows and they will “pay them and train them and teach them to do these higher tech jobs.”
It was Mr. Knabb’s opinion that there are tremendous opportunities here which he feels have been overlooked.
“Thanks to your Prime Minister and his Ministers we see that opportunity and we are taking steps at a very rapid pace,” he said before giving the gathering a demonstration on what will be taking place with his company on
Grand Bahama
Island.
Prime Minister Christie used the occasion to encourage Grand Bahamians and Bahamians generally to have faith in his administration as there is some $18 billion worth of investment taking place through the country and he predicted that the
Bahamas will soon have Zero unemployment.
He said the nation is already the envy of region.
He also touched on their plans to grow the economy of Grand Bahama and assured residents that his Government is actively pursuing the growth and development of the island from East End to West End and will not allow anyone, any firm or institution to get in the way of growing
Grand Bahama
Island.
Mr. Christie encouraged Mr. Knabb to begin right now to identify those children with the aptitude in our school system in Grand Bahama to work in the field and at the level they would require so that we may together put in place right now the training needed for them.
Also he said they “ought to begin right now to examine the schools to see how we could improve access by the children to the technology that you can help us to introduce in those schools.”
The Prime Minister also told Mr. Knabb that he looks forward to future meetings and to develop the other proposals that he has made to the government “and most certainly being able to come back to Grand Bahama to indicate to Grand Bahama how those new proposals will impact Grand Bahama.”
November 24th 2006
Major high tech wireless company to begin operation in
Freeport
FOR IMMEDIATE RELEASE
By Simon Lewis, BIS(G.B.)
A major high tech wireless company is set to open one of its networks in
Grand Bahama early in 2007, a move that will instantly provide some 280 jobs to young Bahamians.
Mr. Jasper Knabb, Chief Executive Officer and President of Pegasus Wireless Corporation confirmed during a press conference in the Office of the Prime Minister at
Freeport Friday afternoon that they will be opening shop in
Grand Bahama come February of 2007.
He said the company is currently trying to acquire the old Home Centre building on
Peel Street in the industrial area, but failing that will construct its own facility on property near the brewery currently under construction on Queen’s Highway.
Prime Minister the Right Honourable Perry Gladstone Christie, Tourism Minister the Honourable
Obie Wilchcombe, Senator the Honourable Caleb Outten and Marco City Member of Parliament Ms.
Pleasant Bridgewater topped a list of senior officials and Grand Bahama Port Authority executives that participated in Friday’s briefing which also saw Mr. Knabb displaying some of his products.
Mr. Knabb has more than twenty years experience in the high tech industry.
His expansive involvement in the technology business encompasses PC manufacturing, distribution and sales, computer gaming, technology development and product development.
Pegasus Wireless Corporation has been providing customers worldwide with broadband wireless networking solution since it was founded in 1993.
The company’s mission is to bring standards based wireless solution to all areas of application-specific markets by providing the most feature-rich, flexible and robust hardware and software solutions customized for each application’s unique needs.
The firm holds a patent to 802.11 technologies, which is the platform for all wireless protocol.
This allows the user to implement wireless network products for various applications without needing to load and configure additional software drivers.
In order to meet the needs of the company’s current rate of growth, as well as bring innovative products to retail shelves
Pegasus acquired three companies in late 2005, Amax Engineering Corporation located in Fremont, California; CNet Technologies, Inc which is based in China; and S.K.I. Technologies which is located in Taiwan..
These three companies gives Pegasus the capacity to engineer, manufacture and distribute its wireless products through its own channels therefore eliminating the need for contract manufacturing from outside venues.
In Pegasus’ annual report for 2005 it is reported that the company estimated that the combination of its three subsidiaries have the ability to produce approximately $650 of Pegasus’s product and the new Freeport plant is expected to add considerably to that inventory.
Mr. Knabb told Friday’s gathering that after meeting Prime Minister Christie and several of his Cabinet Ministers and the Grand Bahama Port Authority, it became very clear that
Grand Bahama
Island would be the next home for Pegasus Wireless as they attempt to broaden their market.
“This plant will employ approximately 280 employees.
And you are probably asking yourselves the question I initially asked – where are we going to get 280 high tech employees to build wireless at a predominantly tourist nation?
“Well we are going to train them. We are going to teach them!
I had the pleasure of speaking with the Prime Minister about a week ago on education.
He and I sometime in January will be doing a tour of the schools throughout The Bahamas with the Minister of Education,” he informed.
According to Mr. Knabb they will be talking to the individual students and to the schools and they anticipate “opening this plant in February of 2007.”
He told the gathering that they will start out with light manufacturing until they get surface mount technology machines in.
Giving his description of light manufacturing Mr. Knabb said they will be doing assembly here for the first sixty days, February and March and then moving into the high tech areas of building electronics just like in
China and
Taiwan.
“We think we are going to have great success with your youths” he said, adding that their goals are to “solicit your children to come to work for us.
We need them and we are willing to pay them.
“We are going to work very hard with the Prime Minister and his Cabinet and the education system here to be able to set up a program where we can pay these students to come and they get their college credits,” he said.
According to the investor it is their desire to take these students out of school for an hour, maybe two hours a day, whatever the curriculum allows and they will “pay them and train them and teach them to do these higher tech jobs.”
It was Mr. Knabb’s opinion that there are tremendous opportunities here which he feels have been overlooked.
“Thanks to your Prime Minister and his Ministers we see that opportunity and we are taking steps at a very rapid pace,” he said before giving the gathering a demonstration on what will be taking place with his company on
Grand Bahama
Island.
Prime Minister Christie used the occasion to encourage Grand Bahamians and Bahamians generally to have faith in his administration as there is some $18 billion worth of investment taking place through the country and he predicted that the
Bahamas will soon have Zero unemployment.
He said the nation is already the envy of region.
He also touched on their plans to grow the economy of Grand Bahama and assured residents that his Government is actively pursuing the growth and development of the island from East End to West End and will not allow anyone, any firm or institution to get in the way of growing
Grand Bahama
Island.
Mr. Christie encouraged Mr. Knabb to begin right now to identify those children with the aptitude in our school system in Grand Bahama to work in the field and at the level they would require so that we may together put in place right now the training needed for them.
Also he said they “ought to begin right now to examine the schools to see how we could improve access by the children to the technology that you can help us to introduce in those schools.”
The Prime Minister also told Mr. Knabb that he looks forward to future meetings and to develop the other proposals that he has made to the government “and most certainly being able to come back to Grand Bahama to indicate to Grand Bahama how those new proposals will impact Grand Bahama.”
November 24th 2006
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