Airbee Opens R&D Facility in India.ROCKVILLE, Md. & CHENNAI, India -- Airbee Wireless, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : ABEW), an innovator of intelligent software for wireless voice, data and video communications, today announced the opening of the company's expanded development center in Chennai, India. Airbee has committed more than $1 million to the center, which will employ more than 60 staff and function as the company's primary global research and development facility. Airbee's product portfolio enables consumer and business devices to wirelessly connect to each other over short distances. The company licenses its software to manufacturers of microprocessors This is a list of microprocessors. Intel
System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. applications. Airbee's competitive edge is attributed to utilizing a software approach versus a hardware approach - enabling it to provide lower cost, greater flexibility, expanded revenue opportunities and shorter time to market for its customers. Addressing the regional media at a press conference in Chennai last week, Airbee Chief Executive Officer Raj raj also Raj n. Dominion or rule, especially the British rule over India (1757-1947). [Hindi r Sundaresan said, "Our initial objective was to design, build and implement a scalable and affordable wireless connectivity solution that could operate on multiple platforms Refers to two or more operating environments, which typically include the CPU family and operating system. For example, if versions of a program run on Windows and the Macintosh, the software is said to support multiple platforms. . Having now achieved that objective, we intend to play an integral role in the evolution of the wireless world." In response to the limitations of other short-range wireless connectivity solutions and the resulting lack of market support for them, Airbee has committed to working with a large variety of microcontroller A single chip that contains the processor (the CPU), non-volatile memory for the program (ROM or flash), volatile memory for input and output (RAM), a clock and an I/O control unit. and transceiver (TRANSmitter reCEIVER) An electronic device or circuit that transmits and receives analog or digital signals. It comes in many forms; for example, a transponder on a satellite, a network adapter in the computer or the circuits in a cellphone. chips. This flexibility has expanded the wireless data communication range of Airbee's technology to more than one mile. This compares very favorably fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. to Bluetooth's 30-foot range. "At present, we are the only company to our knowledge whose software is platform-agnostic; that is, it can be placed on a chip of any make, such as Motorola or Intel, offering the promise of maximum flexibility. However, the software will have to be made compatible to the hardware that will house it, and significant development work will be required to achieve that. It is precisely this work that will be performed at the Chennai facility," added Sundaresan. The company's development center is located at 92 Dr. Natesan Road, Mylapore, Chennai, India. It is under the direction of Airbee Chief Technical Officer Ram Satagopan, who is overseeing a series of aggressive development activities in Chennai and Singapore. About Airbee Headquartered in Rockville, Maryland Rockville is the county seat of Montgomery County, Maryland, United States. According to the 2006 census update, the city had a total population of 59,114, making it the second largest city in Maryland. , and with offices in Singapore and Chennai, India, Airbee Wireless is an innovator of intelligent connectivity software for wireless voice, data and video communications. Its product portfolio enables consumer and business devices to wirelessly connect to each other over short distances. Airbee is a developer of software licensed to manufacturers of microprocessors used in an increasing number of wireless communications applications. A member of The ZigBee Alliance, Airbee's competitive edge is attributed to utilizing a software approach vs. a hardware approach - enabling it to provide lower cost, greater flexibility and shorter time to market for its customers. To learn more about getting unwired Unwired is an Australian public company dedicated to building a nationwide, fixed wireless telecommunications network offering carrier grade Internet services. They currently provide coverage in Sydney and Melbourne. with Airbee inside, please visit www.airbeewireless.com or phone (301) 517-1860. Legal Notice Regarding Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : "Forward-looking statements" may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Airbee Wireless, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and/or changes in our business strategies. |
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