Calypso's Patent Could Have an Immediate Impact on the Way OEMs Do Business.Business Editors/High-Tech Writers MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. LAKES, Fla.--(BUSINESS WIRE)--March 3, 2004 New technology could dramatically boost global wireless handset sales - Calypso Calypso, in Greek mythology Calypso (kəlĭp`sō), nymph, daughter of Atlas, in Homer's Odyssey. She lived on the island of Ogygia and there entertained Odysseus for seven years. Wireless already in negotiations with a major OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and manufacturer Calypso Wireless, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CLYW), announced today that it is in the process of contacting all major OEMs in the wireless industry to notify them of the patent that could have a significant and immediate impact on the development of the industry, as well as major implications on the way OEM's such as Nokia (NYSE NYSE See: New York Stock Exchange :NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), Ericsson (Nasdaq:ERICY) and Motorola (NYSE:MOT) do business. Last week, Calypso Wireless announced it had been granted U.S. Patent #6,680,923 titled "Communication system and method", which covers the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers (GSM/GPRS/EDGE, 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. , WCMDA etc.) and short-range Internet access points (such as Wi-Fi, Bluetooth, etc.). Calypso Wireless is already in negotiations with a major OEM manufacturer to license its ASNAP ASNAP Automatic Switching of Network Access Points (CalypsoWireless Inc.) (TM) technology. Due to the patent, even those OEM manufacturers that don't wish to license Calypso's technology at the time, but plan to create wireless devices that roam seamlessly between these networks, will have to obtain rights from Calypso Wireless. Calypso's patented technology enables mobile users to seamlessly switch between cellular and wireless IP networks via the WLAN See wireless LAN. WLAN - wireless local area network , accelerating wireless broadband deployment. The technology could also provide significant savings to mobile carriers in additional frequency spectrum and infrastructure equipment by offloading capacity to the WLAN and IP networks while providing additional sources of revenues. Internet-ready devices, including wireless cellular phones, PDA's and notebooks - can seamlessly connect to either the mobile carriers cellular phone network or any wireless LAN, such as 802.11x (Wi-Fi). In other words Adv. 1. in other words - otherwise stated; "in other words, we are broke" put differently , global connectivity of voice, video and data will be done through the most efficient connection point, at a lower cost to both the mobile carrier and the consumer. "Our technology could dramatically boost overall wireless handset sales, and change the industry's growth projections globally. We believe that when consumers will be given an opportunity to connect at a speed of up to 11,000 Kbps (11Mbps) so that they will be able to watch DVD-quality movies or perform movie-quality, real-time video conferencing, they will use it. By teaming up with us, OEMs will now be able to manufacture and market such devices and dramatically boost their sales," says David Davila, President & 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. of Calypso Wireless. About Calypso Wireless, Inc. Calypso Wireless is the company behind the revolutionary ASNAP(TM) technology for which Calypso recently was granted US Patent #6,680,923 titled "Communication system and method" Calypso's technology enables the phones and other mobile devices to automatically detect an available wireless local area network and then seamlessly switch between the signals from a GSM/GPRS link tower to a short range broadband network such as cable with Wi-Fi. The wireless customer remains connected to the GSM/GPRS or CDMA network until his mobile phone automatically detects and switches to a Wi-Fi network. At that point, the phone seamlessly switches to that network and is now able to connect at a speed of up to 11,000 Kbps (11Mbps) enabling movie-quality, real-time video conferencing via Calypso's cell / Wi-Fi phones, or any mobile device powered with Calypso's technology. This release is intended as a forward-looking statement within the meaning of 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. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to provide technology in the future, (ii) Unexpected changes in the technology market, (iii) The success of the Company's expansion and sales and marketing strategies (iv) Competition within the Data Synchronization market (v) The ability of the Company to continue to finance its long-term strategy and expansion (vi) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs. Note: Photos and more information available at URLs: http://www.uspto.gov search U.S. patent number 6,680,923 |
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