With its short range and high performance, first devices will be capable of 480Mbps, Crouch said consumer electronics companies will quickly take up the technology.

Following Crouch on stage was David Leeper, senior principal engineer for UWB at Intel who continued to talk about UWB benefits and uses.

"It is a compelling technology because you can do video streaming at very low power," Leeper said.

Leeper estimated a full-length feature movie could be downloaded using UWB in 80 seconds.

If UWB performs as advertised it could easily replace most interconnect cables such as those running to printers, scanners, and other peripheral devices allowing a user to print, stream wireless display data, and synch all at the same time.