Ambient Corporation Establishes Kliks.com Ltd. To Launch First Nationwide Screen Phone Network.Business and Technology Editors NEW YORK--(BUSINESS WIRE)--April 4, 2000 Ambient Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ABTG ABTG AquaBio Tech Group ) announced the establishment of an affiliate, Kliks.com Ltd., which intends to launch a first nationwide Screen Phone services network in Israel. The Screen Phone is designed to enable consumers to gain 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 a Personal Computer (PC). Ambient Corporation has recruited a highly experienced outstanding management and technical team led by 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, formerly Senior Vice President of Philips Home Services. "Screen Phone technology opens the world of e-commerce and the Internet to 60% of the population that doesn't own a PC," said Wolff. "With the ease and simplicity of 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 - a fraction of the price of the cheapest PC - positions it advantageously to capture the mass non-PC user market. The Screen Phone effectively expands telephony services by offering consumers easy access to available call management options on screen. 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. Further applications such as bill presentation and payment could be enabled. The company intends to generate revenues via telephony and Internet related services provided through the system. Kliks.com has secured exclusive rights for Israel from a leading international supplier of Screen Phones. Kliks.com is currently negotiating with potential Israeli partners who have expressed interest in joining this venture. 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 invests in and 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. 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. For more information, contact Alan Weinberg, TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom : +1-888-861-0205, EMAIL See e-mail. : aryeh@ambient.co.il or visit us at: www.kliks.com |
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