Axesstel to Unveil New Line of 3G Data, Voice, Fax, and WiFi Gateways, and Exhibit Convergence at CTIA Wireless and Mobile Focus.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, will unveil a new product line of 3G wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 gateways during CTIA (1) See CompTIA. (2) (Cellular Telecommunications & Internet Association, Washington, DC, www.ctia.org, www.wow-com.com) A membership organization founded in 1984 that is involved with regulatory and public affairs issues in the wireless industry. Wireless 2006, being held April 5-7, 2006, at the Las Vegas Convention Center The Las Vegas Convention Center is owned and operated by the Las Vegas Convention and Visitors Authority and is located in Clark County, Nevada. It is one of the largest Convention centers in the world. At the end of 2004, the center had 3. in Las Vegas. The new gateways seamlessly converge 3G data, wireless voice, analog fax, and a WiFi router in one convenient desktop networking device. Axesstel will exhibit the new device along with its recently announced MV200 Series Fixed Wireless Broadband Modem and other fixed wireless desktop phone and terminal product lines in booth 5334, located in the Enterprise Mobility Pavilion in the North Hall. The new 3G gateway will also be on display at the Qualcomm booth (2047), and Axesstel will exhibit the device at the Mobile Focus 2006 media event being held April 5, from 6:00 pm to 9:00 pm at the MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. Grand Hotel in Las Vegas. Live demonstrations of Axesstel's recently announced MV240 Fixed Wireless Broadband Modem, P830 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. 2000 1X, and PG210 GSM Fixed Wireless Phones are scheduled be conducted in its booth at CTIA. Attendees will experience first-hand the ease of use and benefits that seamless convergence of wireless broadband data, quality voice calling, and fax capabilities offer consumer, small office/home office See SOHO. (SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. ), and business users. Axesstel offers the most comprehensive fixed wireless product portfolio, including desktop phones, public call office phones, voice and data terminals, and broadband modems, that leverage the widest range of wireless technology, including GSM, CDMA2000 1X, and broadband CDMA2000 1xEV-DO. "CTIA Wireless is the essential telecommunications show in North America. It's an ideal venue to announce our innovative new 3G gateways and demonstrate the quality and breadth of our fixed wireless and 3G product portfolio," said Mike Kwon, chairman and chief executive officer for Axesstel. "We are excited to present the competitive advantages the convergence of broadband data, wireless voice, and wireless networking offer to operators, and the convenience and flexibility it provides their customers." NOTES FOR EDITOR Senior Axesstel executives will be available to offer comment on: -- Global market demand for fixed wireless and broadband access -- Advantages of fixed wireless and high-speed wireless broadband access -- Successful business models and applications for fixed wireless and broadband access -- Convergence of voice & data, land-line and wireless technology, and LAN/WAN LAN/WAN Local Area Network/Wide Area Network networking -- Axesstel's new 3G converged modems, fixed wireless phones, and product roadmap To set up a briefing at CTIA Wireless 2006 or Mobile Focus, please contact: Kim K. Haneke Axesstel, Inc. 858-228-7249 khaneke@axesstel.com 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. The company delivers innovative fixed wireless solutions to leading telecommunications operators and distributors worldwide. Axesstel is headquartered in San Diego, and has a research and development center and manufacturing facilities in Seoul, South Korea. For more information on Axesstel, visit www.axesstel.com. (C)2006 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 relating to market conditions and product capabilities 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. All forward-looking statements are qualified in their entirety by this cautionary statement, and Axesstel undertakes no obligation to revise or update this press release to reflect events or circumstances occurring after this press release. |
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