Texas Energy Network First to Deploy LTE Technology to Oil and Gas Industry; Major Demonstration Scheduled for New Mexico Oilfield

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Texas Energy Network ("TEN") will be the first communications company to deploy 4G wireless technology to benefit Oil and Gas company's growing data requirements. TEN will hold a demonstration in New Mexico in late August in conjunction with Alcatel-Lucent.

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"TEN has the unique advantage of a game changing technology and an aggressive customer oriented business plan." ...Gregory M. Casey Chief Executive Officer Texas Energy Network

Texas Energy Network ("TEN") annnounced today that it will be the first communications company to deploy 4G technology to benefit Oil and Gas companies growing data requirements. TEN will hold a major demonstration in New Mexico in conjunction with Alcatel-Lucent.

The demonstration will mark the beginning of TEN's plans to deploy LTE technology to oil and gas fields across America and eventually the world. Gregory Casey, Chief Executive Officer of TEN said "Thanks to the hard work of the TEN team and our partners, we are taking the first important step to providing data communications to the Energy industry at a huge savings and greater efficiency over what they have today. If we have our way, our actions will usher in a new era of increased communications performance, leveraging industry standards and technology to deliver lower costs. TEN has the unique advantage of a game changing technology and an aggressive customer oriented business plan."

Long Term Evolution (LTE) is a 4G wireless broadband technology developed by the Third Generation Partnership Project (3GPP), an industry trade group.3GPP engineers named the technology "Long Term Evolution" because it represents the next step (4G) in a progression from GSM, a 2G standard, to UMTS, the 3G technologies based upon GSM. LTE provides significantly increased peak data rates, with the potential for 100 Mbps downstream and 30 Mbps upstream, reduced latency, scalable bandwidth capacity, and enhanced security. LTE offers significant advantages over WiMAX and other presently used technologies.

TEN plans to use LTE as the core technology behind a national wireless broadband network dedicated to and designed around the needs of remote critical infrastructure companies, initially the oil and gas industry.

Alcatel-Lucent will provide all the wireless technology for the end-to-end LTE network using its LTE on Wheels truck. The demo will show a live LTE network with working data devices such as laptops with 1 Mbps data uplink speeds. Using this technology, the network could be connected directly to an oil site sensor or linked to a monitoring camera on a pipeline sending back live video images.

Stanley Hughey, Chief Technology Officer of TEN said “TEN‘s goal is to provide a single, carrier grade, end-to-end, IP only service that will transit data from remote field locations. The ability to deliver data at greater bandwidths with less latency will drive next generation applications and will, without a doubt, improve security, visibility and productivity in virtually every remote process.”

TEN will release a portfolio of products geared to address specific field applications such as SCADA data collection and control, remote field and mobile office services, critical alarm and security monitoring. Specific applications will include voice, video, file and data transfer, VPN, and Internet access.

Ken Wirth, President, LTE Solutions, Alcatel-Lucent said, “Working with innovative providers like TEN helps to demonstrate the power and promise of LTE technology to support data intensive applications in the energy industry. The power of having critical, abundant and timely information from the field – no matter how remote – delivers a new ability to continuously monitor and manage the entire operation more efficiently.”

In addition, TEN will deploy CICI (Critical Infrastructure Control Interface). This interface will offer a portal to TEN customers allowing them to monitor, set and control the policies associated with every end-point device they have deployed on the TEN network. Mr. Hughey explained, “Starting at a global level, customers will be able to drill down and assign bandwidth, bit rates and priority to each individual device or group of devices on the TEN network. This powerful offering will provide the highest level of visibility and control over assets in the field. TEN is committed to removing the distance between the remote device and its operator.”

This press release is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities in TEXAS ENERGY NETWORK LLC, and may not be relied upon in connection with the purchase or sale of any security.

http://www.texasenergynetwork.com

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James Shearburn
TEN
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