Ambient's Affiliate Kliks.com Signs Exclusive Screen Phone Distribution Agreement With CPS Europe.Business Editors NEW YORK--(BUSINESS WIRE)--July 17, 2000 Ambient Corporation's (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ABTG ABTG AquaBio Tech Group ) affiliate, Kliks.com Ltd., today announced the signing of an exclusive distribution agreement with CPS Europe B.V., (CPS) a leading developer and 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 producer of telecommunications products such as network phones, smart card devices and internet screen phones. Kliks.com intends to use the CPS screen phone as part of its first nationwide rollout in Israel. The agreement grants Kliks.com exclusive distribution rights for Israel and limited exclusivity for Cyprus, Greece and Turkey. The screen phone is designed to facilitate easy access to e-commerce interactive services such as e-mail, home banking and home shopping Home Shopping commonly refers to the electronic retailing / home shopping channels industry, which includes such billion dollar companies as HSN, QVC, eBay, ShopNBC, Buy.com, and Amazon.com. , as well as advanced telephony services, without the need of a Personal Computer (PC). The screen phone is ideal for users who are unable to use a traditional PC. Kliks anticipates that the screen phone will have an initial retail price to the end user of approximately $200. Headquartered in Vught, The Netherlands is the privately held CPS Europe B.V., which specializes in the development and manufacture of advanced telecommunication and broadcast devices for the consumer market. It supplies communication products to banks, telecommunication companies and broadcasters throughout Europe, and has subsidiary operations in the Far East and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "CPS Europe will bring its extensive experience and international support to bear in facilitating the rapid distribution of the screen phone network," said Kliks.com Ltd. 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. Bernie Wolff. "As a result of this agreement, we anticipate that consumers in Israel and the surrounding region who otherwise would have been left out of the Internet revolution, will join the world of e-commerce, thanks to the accessibility made possible with the screen phones." "We are delighted to have concluded this agreement with Kliks.com" says Cor Pijnenburg, CEO of CPS Europe. "The opportunities that Kliks.com have identified in Israel and Cyprus, Greece and Turkey represent a major step forward in the consumer acceptance of Internet screen phones for e-commerce, communication and information services See Information Systems. ." Screen phone technology opens the world of e-commerce and the Internet to more than the estimated 60% of the population that doesn't own a PC. With the touch of a button, screen phones can provide everyone with e-mail, e-commerce and advanced telephony capabilities. The versatility of the screen phone coupled with its projected low cost, compared to a PC, positions it advantageously in the mass non-PC user market. The screen phone effectively expands telephony services by offering consumers easy one-touch access to available call management options on screen such as caller ID A telephone company service that sends the caller's telephone number between the first and second ring of the call. If the calling number is not blocked, the calling number is displayed on the handset or base station of the called party. and third party conferencing. In addition, the screen phone could also become the central control unit for the "Smart Home", allowing users to regulate future "smart appliances" and utility consumption. About Ambient Ambient Corporation (OTC BB: ABTG) is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. incorporated in the United States that operates technology companies in both Israel and the US, focusing on E-commerce, Internet, Power Line Telecommunication (PLT PLT psittacosis-lymphogranuloma venereum-trachoma (group); see Chlamydia. PLT psittacosis-lymphogranuloma venereum-trachoma (group). ) and telephony-related product offerings for a variety of exciting new consumer applications. About CPS Europe B.V. Founded in 1993, CPS Europe B.V. specializes in incorporating smart card electronic purse and conditional access Conditional Access (acronymized CA) is the protection of content by requiring certain criteria to be met before granting access to this content. The term is commonly used in relation to digital television systems, most notably satellite television. schemes into its products and has a large installed base of smart phones offering home cash point functionality in the Benelux region. Its subsidiary CPS Asia handles the company's Far East operations and its US-based venture has been operational since the start of 1999. World Wide Web: Press announcements, product data and other information about CPS Europe BV are available at http://www.cps-europe.nl This press release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Ambient Corporation with the SEC, including the company's most recent 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. and 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Ambient is a trademark of Ambient Corporation registered in the U.S. Patent and Trademark Office. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion