Calypso Wireless' New Patent Revolutionizes the Global Telecommunications and Wi-Fi Industry.

Business Editors/High-Tech Writers

MIAMI LAKES, Fla.--(BUSINESS WIRE)--Feb. 25, 2004

U.S. Patent Office Grants Calypso Wireless a Patent for Technology

that Allows Mobile Devices to Seamlessly Switch Between Wi-Fi and

Cellular Networks

Calypso Wireless, Inc. (OTC:CLYW), announced today it has 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, WCMDA etc.) and short-range Internet access points (such as Wi-Fi, Bluetooth, etc.).

The technology enables mobile users to seamlessly switch back and forward between cellular and wireless IP networks, without losing connectivity via the Wireless Local Area Network (WLAN), accelerating wireless broadband deployment. It could also provide significant savings to carriers such as T-Mobile, SBC, Verizon 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 phones, PDA's and notebooks can seamlessly connect to either a cellular phone network or a wireless LAN, such as 802.11x (Wi-Fi). In other words, global connectivity of voice, video and data will be done through the most efficient connection point, at a lower cost to both the mobile operator and the consumer.

To fully understand how revolutionary Calypso Wireless' technology is, simply compare the 11,000 Kbps speed of 802.11b to the data transfer capabilities of existing wireless cellular networks in the U.S. Most cellular carriers are currently able to reach speeds of only 9.6 to 40 Kbps, and even the future 3G networks are expected to reach about 385 Kbps. Calypso Wireless believes it is 'light-years' ahead of its competition and that any service provider offering its customers Calypso powered mobile devices should have a marked advantage over its competitors.

"We believe this is a major milestone for our company. With our technology, mobile carriers will be able to place VoIP and Telecom/Internet Switching equipment on their networks that will allow cellular calls to automatically switch and roam between their cellular networks and the Internet using wireless VoIP via Wi-Fi access points. Mobile carriers will be able to substantially increase their user base and offer higher bandwidth services without having to purchase an additional licensed radio frequency spectrum," says David Davila, President & CEO of Calypso Wireless.

"This patent allows Calypso Wireless solid arguments to justify the new Global Telecommunications and Wi-Fi revolution System, bringing a unique and powerful advantage against any possible competition. We are very excited; the issuance of this 20 years patent dramatically enhances our business model. We have been focusing on perfecting our own technology in the past, and believe we are several years ahead. The patent will allow us to develop a Qualcomm type of a business model and start to aggressively pursue licensing agreements with established industry leaders and thereby growing revenues. We have already signed several agreements to install field trial equipment, which we hope will lead to orders for both handsets that include our technology as well as the related network equipment and the software that facilitates it," says Davila.

In the near term Calypso will start the process of contacting major mobile carriers in the industry to notify them of this patent, and is already in negotiations with a leading OEM manufacturer to license its ASNAP (Automatic Switching of Network Access Points) technology. The patent will have major implications in the way telecom carriers, cable carriers, OEMs, microprocessor hardware, network software and VoIP companies do business. In fact, it can dramatically alter those companies' business models.

About Calypso Wireless, Inc.

Calypso Wireless is the company behind the revolutionary ASNAP technology for which Calypso recently was granted US Patent # 6,680,923 tiled "Communication system and method" Calypso's technology enables cell 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 cell phone automatically detects and switches to a Wi-Fi network. At that point, the cell 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 cellular / Wi-Fi phones, or any mobile devices powered with Calypso's technology.

This release is intended as a forward-looking statement within the meaning of the Private Securities Litigation Reform Act 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