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724 Solutions partners with ZTE for the China Market.


Business Editors/High-Tech Writers

CTIA (1) See CompTIA.

(2) (Cellular Telecommunications & Internet Association, Washington, DC, www.ctia.org, www.wow-com.com) A membership organization founded in 1984 that is involved with regulatory and public affairs issues in the wireless industry.
 Wireless 2003

Booth #5459

NEW ORLEANS New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded  & TORONTO--(BUSINESS WIRE)--March 17, 2003

China's largest telecommunications manufacturer integrates X-treme

Mobility Gateway for the world's largest wireless market

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 network and data services, announced today that it has signed an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  agreement with ZTE ZTE Zalaegerszegi Torna Egylet (Hungarian sports club)  Corporation, China's largest telecommunications manufacturer, to be a preferred distributor of the X-treme Mobility Gateway (XMG XMG Xavier Media Group
XMG Crossmaglen (British army base in County Armagh, near Ireland)
XMG Cross-Media Gaming
).

This agreement will enable ZTE to integrate and sell 724 Solutions X-treme Mobility Gateway in many of the world's fastest growing wireless markets, including China, India and Brazil.

ZTE Corporation is China's largest listed telecommunications equipment manufacturer and recently was ranked first in the Top 10 Telecom Manufacturers by Communications Weekly, a well-known telecom newspaper under the Ministry of Information Industry. ZTE specializes in providing customized network solutions for telecom carriers worldwide. The company develops and manufactures telecommunications equipment for fixed, mobile, data and optical networks, intelligent networks and next-generation networks.

"724 Solutions has the highest levels of reliability and scalability" said Ms. Lijian, Director, CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band.  Research and Development Centre, ZTE. "The architecture of XMG easily serves massive volumes of transactions and ZTE will integrate it in large scale CDMA markets."

"We are pleased to partner with 724 Solutions," said Dr. Pang, Vice President, CDMA Division, ZTE. "Their innovative technology will complete the end-to-end CDMA solution offered by ZTE in the world's fastest growing markets."

"Our partnership with ZTE further demonstrates our commitment to extending the reach of our superior technology," said John Sims John Sims (1749–1831) was a taxonomist who classified various species of plants. He was the first editor of The Botanical Magazine after the founder, William Curtis.[1] References

1. ^ John Sims, 1749–1831. Darwin Project.
, chief executive officer, 724 Solutions. "The combination of ZTE's global reach into leading wireless carriers and 724's industry leading 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 mobile access gateway, will propel the market towards more robust data services offerings."

The X-treme Mobility Gateway provides a flexible, standards-based infrastructure with linear scalability that supports every major carrier data standard, including WAP 2.0.

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 network and data services. Additionally, the company provides a series of actionable alerting solutions to financial institutions to assist them in 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 ZTE Corporation

ZTE is committed to the telecommunications industry, and will continue to develop and expand its global operations to ensure that partners everywhere will have the most effective solutions. ZTE has 13 wholly owned R&D centers worldwide. Today, ZTE has become an important global player in the telecommunications industry with products deployed in over 40 countries and regions. For more information, visit www.zte.com.cn.
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Publication:Business Wire
Geographic Code:9CHIN
Date:Mar 17, 2003
Words:472
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