BulletIN.net Venture Acquires Majority Interest in Wireless Messaging Firm Jungle Drum Systems.Business Editors ATLANTA & AUCKLAND, New Zealand--(BUSINESS WIRE)--Jan. 22, 2001 Mobile workforce/dispatch applications and relationships with New Zealand wireless carriers benefit BulletIN.net BulletIN.net, through its Australian joint venture with Dataplex, announced today it has acquired a controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. wireless application company Jungle Drum Systems, Ltd. For BulletIN.net, a leading developer and supplier of two-way wireless Internet messaging products, the Jungle Drum acquisition expands BulletIN's presence in the Australia and New Zealand wireless markets. Jungle Drum already is a preferred provider of messaging services to Telecom New Zealand Telecom New Zealand (NZX: TEL ASX: TEL NYSE: NZT) is a Wellington, New Zealand-based telephone company and, through its subdivision Xtra, an internet service provider. It has been run as a publicly-traded private company since 1990. , Vodafone NZ and the Telstra NZ resellers. BulletIN.net plans to expand its range of services to corporate customers throughout the New Zealand and Australia marketplace. "BulletIN.net constantly strives to expand both our geographic footprint as well as the scope of services and products we offer our customers," said Marlin Nelson, BulletIN.net president. "This majority investment in Jungle Drum advances our efforts on both fronts. We're very pleased to have the innovative Jungle Drum personnel, development staff and intellectual property as part of the BulletIN.net team." The integration of Jungle Drum also expands BulletIN.net's offering by adding a unique set of products including a dispatch application, a Web-based messaging service and the ability to deliver other custom Application Service Provider (ASP) services, such as incident alert and monitoring services The general surveillance of known air traffic movements by reference to a radar scope presentation or other means, for the purpose of passing advisory information concerning conflicting traffic or providing navigational assistance. . "Our carrier partners and prospects in Europe are very pleased with the additional wireless applications in the BulletIN solution," said Mike Holland, Managing Director, BulletIN.net UK. "These new applications, especially dispatch, provide competitive advantage for corporations using today's SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. technology. This makes our solution ever more compelling to our carrier partners as it drives incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. revenue and loyalty." About Jungle Drum Systems Jungle Drum Systems Ltd., founded in 1997 and based in New Zealand, develops and provides wireless messaging applications platforms and software targeted toward wireless carriers and corporations with a mobile work force as a core part of their business. Visit us at www.jungledrum.com. About BulletIN.net BulletIN.net is a leading provider of two-way wireless Internet connectivity solutions for wireless carriers. Currently working with wireless providers including Vodafone UK, Vodafone New Zealand Vodafone New Zealand is New Zealand's largest mobile phone operator, based in Auckland. The company was formed in 1998, after Vodafone purchased BellSouth's New Zealand operations. , Click GSM (Global System for Mobile Communications) A digital cellular phone technology based on TDMA that is the predominant system in Europe, but also used worldwide. Developed in the 1980s, GSM was first deployed in seven European countries in 1992. , Cable & Wireless and BellSouth Mobility DCS BellSouth Mobility DCS, LLC headquartered in Atlanta, Georgia, was a BellSouth subsidiary. BellSouth Mobility DCS operated 1900MHz GSM networks in a number of states in the South, clustered around South Carolina. , as well as Internet messaging provider Mail.com, BulletIN.net has more than 140,000 provisioned subscribers. With 10 office locations worldwide, BulletIN.net provides service and support for a global market. For further information, visit www.bulletin.net. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion