In the company’s news yesterday,
ERF Wireless announced that its subsidiary has completed and initiated services on a BranchNet encrypted enterprise-class wireless banking network for West Texas State Bank. The wireless network connects the West Texas State Bank Operations Center located in Odessa, Texas, with all five of its branch locations in Monahans, Kermit, Midland and Odessa, Texas.
“West Texas State Bank is going to be amazed by the speeds generated by this network,” commented Jay Bilden, Senior Vice President of Engineering and Network Operations for ERF Wireless. “This is now one of our model networks and it empowers West Texas State Bank to not only deploy data-intensive applications, but also voice and video technologies which will bring efficiencies to almost every facet of their business. This network will also accommodate the bank’s growing broadband needs for many years to come and will result in a substantial decrease in their network operating costs.”
“We knew that it was time to take a serious look at our communications capability,” said Mark Sparks, CEO of West Texas State Bank. “There’s a continual introduction of new banking applications that, while improving our ability to provide our customers with real-time services, increases our bandwidth needs exponentially. We didn’t want to be in a position of reacting to those escalating requirements.”
Sparks continued, “We were ready to make a fundamental change that allowed us to focus our energies on superior customer service instead of how we were going to continue to incrementally address our communications needs. It was very much in keeping with our basic philosophy of providing the same services to our customers that larger banks are able to provide, while maintaining those qualities that make community banking personable and unique. We were also very impressed with the security features of an ERF Wireless network. We are pleased to say that we now have an extremely secure network that currently surpasses our needs and will allow us to grow with the technology. And, we really like the idea of owning the network. It just makes sense.”
R. Greg Smith, CEO of ERF Enterprise Network Services, added, “We’ve all been looking forward to getting this network up and running because we knew it was going to be one of our most powerful banking networks to date. This was the first project in which Jay Bilden was involved as our new Senior Vice President of Engineering and Network Operations and he brings a tremendous amount of RF knowledge and construction experience to the company. The use of licensed frequencies and the strength of the backbone are considerably more than what the local telco can offer and will result in a very powerful network for West Texas State Bank.”
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