Bitfone Moves Corporate Headquarters to Mountain View; New Space Enables Expansion of Engineering and Sales Teams to Support Flagship Wireless Multimedia Messaging Product.Business Editors and High Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sept. 24, 2001 Bitfone Corporation, a software infrastructure provider for the mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. , today announced that the company has moved its corporate headquarters to Mountain View. After the successful launch of its break-through product, iBroker(TM), at DEMOmobile 2001, the new headquarters will provide the necessary space for Bitfone to expand its engineering and sales teams to support the company's growth. The iBroker software infrastructure enables global wireless carriers to offer subscribers the ability to access, store, message and share rich multimedia content including photos, cartoons and images from any Internet enabled mobile phone. "There is a strong market demand for media-rich messaging and personal content services, like those provided by iBroker, to enable carriers to enhance the subscriber's experience on the wireless network while generating new revenue streams and an immediate return on infrastructure investments," said Gene Wang, Bitfone's 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. . "We are excited about the successful launch of iBroker and look forward to continued growth of our company and flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. line." iBroker opens up the entire Web for messaging and gives carriers the opportunity to increase average revenue per user (ARPU (Average Revenue Per User) A calculation often used to determine the overall value of an application. It is also used to rate particular customers, especially in the wireless space, by comparing someone's account to the overall average. ). The carrier-grade, Java-based iBroker software infrastructure integrates with any mobile Internet technology to provide the following feature-rich applications: -- iShare(TM) Network enables mobile Internet subscribers to access, store, message and share rich multimedia content from the Web and from personal network storage managed by the service provider. -- iShare(TM) PC enables mobile Internet subscribers to access, store, message and share multimedia content from the Web and from the subscriber's own PC. The content for both applications can originate from any Web site, PC or via mobile email or Multimedia Messaging Service See MMS. (MMS (Multimedia Messaging Service) An enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cellphones. Developed as part of the 3GPP project, MMS phones are generally backward compatible with SMS and EMS. ). About Bitfone Corporation Bitfone provides carrier-grade, Java-based software infrastructure to global wireless carriers that enables sharing of media-rich and personal content to enhance the user experience on the wireless network. Bitfone's solutions integrate with any mobile Internet technology to provide wireless carriers with revenue-generating multimedia applications for existing and next-generation mobile services and networks. Bitfone is a global company headquartered in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. . The company has raised $6 million in equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. from lead investor Nokia Venture Partners, along with Nexit Ventures and IncubASIA. Additional information is available at www.bitfone.com. |
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