Axesstel Congratulates Tata on ``Best Service in Emerging Markets'' Award.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Axesstel, Inc. (AMEX AMEX See: American Stock Exchange :AFT), a leader in the design and development of fixed wireless voice and broadband data products, congratulates Tata Teleservices Tata Teleservices Limited (TTSL) is part of the Tata Group of Companies, an Indian Conglomerate. It runs the brand name Tata Indicom in India in various telecom circles of India. The company forms part of the Tata Group's prescence in the Telecommunication Industry in India, along with on winning the "Best Service in Emerging Markets" award from the World Communications Awards. Influential telecommunications executives from across the globe gathered recently in London for the World Communications Awards to celebrate the outstanding achievement amongst telecom service providers at global, regional and national levels. The category of "Best Service in Emerging Markets" was granted to Tata for their Walky service, based on their ability to facilitate the mobilization of technical, human and financial resources needed to implement, and provide appropriate communications services to meet the needs of users in emerging markets while continuing to develop innovative services. Axesstel is a major supplier of fixed wireless phones and voice and data terminals to Tata which are used for their Walky service offerings. "We sincerely thank the Axesstel team for the excellent support provided to us over the last few years and look forward in anticipation for their continued support," said K. Sukumar, General Manager, Central Marketing & Retail Business Unit for Tata Teleservices. "We have no doubt that together we will succeed in providing our customers with the affordable communication access they need and, at the same time, aid in the economic and social growth of India." "Axesstel's mission is to support the goal of universal communications by providing reliable and affordable products to operators worldwide. We congratulate Tata on receiving the 'Best Service in Emerging Markets' award and are proud to have played a role in their success," said Mike Kwon, chairman and 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. for Axesstel. "The entire Axesstel team is encouraged by the global recognition of Tata's Walky service and is committed to a long term strategic partnership with Tata. Together, we will provide users of the Walky service with innovative new products that meet their communication needs." ABOUT AXESSTEL, INC. Axesstel (AMEX:AFT) is a leader in the design and development of fixed wireless voice and broadband data products. Axesstel's product portfolio includes fixed wireless desktop phones, payphones, voice/data terminals and broadband modems for access to voice calling and high-speed data services. Axesstel delivers innovative fixed wireless solutions, currently based on 3G Code Division Multiple Access (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. ) technology, to leading telecommunications operators and distributors worldwide. Axesstel is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. and has a research and development center and manufacturing facilities in Seoul, South Korea. For more information on Axesstel, visit www.axesstel.com. (C) 2005 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of Axesstel, Inc. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: With the exception of historical information, the statements set forth above include 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. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future supply of fixed wireless products to Tata which may affect future results and the future viability of Axesstel. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important risk factors. Those factors include but are not limited to unforeseen manufacturing difficulties; unanticipated component shortages; competitive pricing pressures; and the risk factors noted in Axesstel's filings with the Securities and Exchange Commission, such as the rapidly changing nature of technology and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Axesstel's products; product and customer mix; Axesstel's need to gain market acceptance for its products; the risks of primary dependence on one large customer; potential intellectual property-related litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; Axesstel's need to attract and retain skilled personnel; and Axesstel's primary reliance on its sole contract manufacturer. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion