Airbee Wireless Signs Joint Development Agreement with SupaRule.Business Editors/High-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--May 5, 2004 Airbee Wireless Inc., (Other OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : ABEW), an innovator of intelligent software for wireless communications wireless communications 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. , today announced that it has signed a Joint Development Agreement ("JDA JDA Japan Defense Agency JDA Joint Development Agreement JDA Janne da Arc (band) JDA Joint Duty Assignment JDA Jerusalem Development Authority JDA Jovian Detention Authority (gaming) ") with SupaRule Systems Ltd. The agreement calls for SupaRule to develop and deliver to Airbee working models of its Zigbee compliant board, along with the appropriate engineering data, and Airbee is to port its "UltraLiteTM" embedded software Instructions that permanently reside in a ROM or flash memory chip. Embedded software may be immediately available to the CPU or, for faster execution, may be transferred to RAM first and then executed. onto the board. A series of integration and field tests are to be conducted shortly thereafter. The software initially will be Airbee's proprietary version with an upgrade to its IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.15.4 standard compliant version. Airbee will then support the SupaRule application effort as necessary and assist in the final product development to address the SupaRule measurement and test instrumentation. "We have entered into this agreement to advance the technology of our products and believe that Airbee can help us get there quickly," said Gary Carroll, SupaRule's sales and marketing director. "We surveyed the existing embedded software market and believe that Airbee can best achieve what we are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ." "We look forward to a successful joint effort with SupaRule and believe that this agreement will open a new international market for Airbee. This will be one of the first "Airbee Inside" product offerings," added Airbee CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Raj Sundaresan. About Airbee Wireless With offices in Maryland, Singapore and Chennai, India, Airbee Wireless is an innovator of patent-pending intelligent connectivity software for wireless communications. Its product portfolio enables consumer and business devices to wirelessly connect to each other over short distances. This means that Airbee is a developer of software licensed to manufacturers of microprocessors used in an increasing number of wireless communications applications. 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, please visit www.airbeewireless.com. About SupaRule Founded in 1989 and located at the National Technology Park in Limerick Limerick, city, Republic of Ireland Limerick, city (1991 pop. 56,083), seat of Co. Limerick, SW Republic of Ireland, at the head of the Shannon estuary. The city has a port with two docks. , Ireland, SupaRule develops, manufactures and supplies electronic products for technical personnel in the utility, industrial, construction and commercial sectors. SupaRule is a world leader in the height measurement of overhead conductors using ultrasonic ultrasonic /ul·tra·son·ic/ (-son´ik) beyond the upper limit of perception by the human ear; relating to sound waves having a frequency of more than 20,000 Hz. ul·tra·son·ic adj. 1. technology, and its innovative products allow client companies to exploit new opportunities in testing and measurement. SupaRule's products are used by electricians, engineers, surveyors and construction workers across multiple industry sectors, including building, utilities, transportation and electrical manufacture and design. For additional information about SupaRule, visit www.suparule.com. 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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