724 Solutions X-treme Mobility Gateways Interoperable with ACCESS' NetFront Browser.Business Editors and High-Tech Writers TORONTO, TOKYO & FREMONT, Calif.--(BUSINESS WIRE)--Oct. 29, 2002 X-treme Mobility Gateway and NetFront v3.0 Browser Enable Next-Generation Data Services for Mobile Network Operators 724 Solutions (Nasdaq:SVNX) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SVN SVN Subversion (version control system) SVN Slovenia (international traffic code) SVN Social Venture Network SVN South Vietnam SVN Secure Virtual Network SVN Supervised Visitation Network ), a leading provider of next generation IP-based networks and data services, and ACCESS (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :4813), a global provider of software and services for IP-based consumer electronics devices, announced the interoperability of ACCESS' NetFront(tm) v3.0 browser technology and 724 Solutions X-treme Mobility Gateways. The interoperability of the two products provide mobile network operators with the opportunity to use NetFront-enabled handsets powered by the Wireless Application Protocol (WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. ) 2.0 established infrastructure from 724 Solutions. As mobile network operators evolve from circuit-based to packet-based networks, they have a critical need for an Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. gateway that demonstrates high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. , scalability, flexibility and attractive total cost of ownership. 724 Solutions X-treme Mobility Gateways are designed to deliver these core values. They provide support for WAP 1.x, WAP 2.0, Short Messaging See SMS. Service and Multimedia Messaging Services (messaging) Multimedia Messaging Services - (MMS) A feature of some mobile telephones that allows them to send messages including text, sound, images and video. . Other features include: full system management, flexible configuration, and seamless integration with most networking infrastructure, content conversion, and security and traffic optimization. Geographic distribution and fail-over functionality are also key elements. NetFront v3.0 is a full-featured and efficient browser with sophisticated modularity, covering a broad range of appliance profiles from mobile phones to digital televisions. With more than 72 million licenses sold and powering 177 different consumer electronics Internet devices from more than 40 major manufacturers, NetFront is the most widely used embedded browser in the world. "Having NetFront v3.0 acceptance demonstrates that the X-treme Mobility Gateways enable mobile operators to truly support open standards, including WAP 2.0," said John Sims, Chief Executive Officer of 724 Solutions. "Together, 724 Solutions and ACCESS have a leadership offering to mobile network operators who are looking to provide valuable next-generation data services to their subscribers." "Mobile network operators can now take advantage of not only two great technologies, but two global companies with experience in wireless services," said Toru Arakawa, Chief Executive Officer of ACCESS Co., Ltd. "With our interoperability, we can provide a powerfully scalable, secure and proven wireless data solution to mobile operators throughout the world." About 724 Solutions Inc. 724 Solutions Inc. (Nasdaq:SVNX) (TSX:SVN) delivers reliable, scalable technology and solutions that allow mobile network operators to rapidly deploy flexible and open next generation IP-based networks and related services. Additionally, the company provides a series of actionable alerting solutions to financial institutions to assist them in increasing revenue, lowering operating costs and improving customer satisfaction and retention. 724 Solutions is a global company with development operations in North America, Switzerland and Germany, with headquarters in Toronto, Canada. For more information, visit www.724.com. About ACCESS Co., Ltd. ACCESS Systems America, Inc. is the U.S. subsidiary of ACCESS Co. Ltd. of Tokyo, Japan (TSE:4813), a leading global provider of software and services for IP-based consumer electronics devices. The company's NetFront(tm) suite of browser software powers over 177 different commercial products worldwide including mobile phones, digital televisions, set-top boxes, PDAs and car navigation systems. ACCESS' Compact NetFront(tm) microbrowser A Web browser designed for small display screens on smartphones and other handheld wireless devices. See smartphone and WAP. is most widely deployed in phones for NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform DoCoMo's popular i-mode service. To date, more than 72 million ACCESS software licenses have shipped from more than 40 major Internet device manufacturers. ACCESS Systems America is based in Fremont, CA. More information is available at www.access-us-inc.com. This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements include the statements herein regarding: the services and products that will be offered by 724 Solutions, the benefits that businesses will obtain from these services and products and future demand for these services and products. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including the risk that 724 Solutions will be unable to deploy the solutions and products stated herein, the risk that the demand for these solutions and products, or for 2.5G and 3G networks, will not increase as presently anticipated and other risks described in 724 Solutions' Securities and Exchange Commission filings, including its annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . These risks are also described in 724 Solutions' filings with the Canadian Securities Administrators Canadian Securities Administrators(CSA) is a forum for the 13 securities regulators of Canada's provinces and territories to coordinate and harmonize regulation of the Canadian capital markets. . 724 Solutions does not undertake any obligation to update this forward-looking information, except as required under applicable law. |
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