Calypso Wireless Announces Commercial Availability of Calypso ASNAP(TM) Session Controller.

MIAMI LAKES, Fla. -- Calypso Wireless, Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology, introduced commercial offering of the Calypso ASNAP(TM) Session Controller, ASC 1.0, supporting the Calypso Wireless patented ASNAP(TM) seamless session continuity capability with existing PBXs, newer SIP-based IP PBXs, integrated solutions with wire line telephony switches, as well as wireless MSC switches.

Unlike other approaches like UMA, unlicensed mobile access, which only support legacy GSM over WiFi, or 3GPP IMS, IP Multimedia Subsystem, which require carrier network upgrades, only Calypso Wireless supports a seamless transition to Fixed Mobile Convergence, while being the only solution backed by the patent supporting Seamless Session Continuity of Voice, Video, and Data from macro-cellular networks to WiFi networks.

The Calypso Wireless ASC 1.0, is the only SIP-based solution utilizing the existing network infrastructure, while supporting newer SIP-based applications such as Location-based services and Presence-aware applications. Other applications include VoIP Trunking providing least-cost routing, along with seamless session continuity with WiFi. Commercial trials are commencing with leading service providers.

About Calypso Wireless, Inc.

Calypso Wireless is the company behind the ASNAP(TM) technology for which it was granted U.S. Patent #6,680,923 titled "Communication system and method" (http://www.uspto.gov search U.S. patent number 6,680,923), 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.).

Calypso's patented ASNAP(TM) technology will enable cellular phones to automatically detect any available Wireless Local Area Network (WLAN) and then seamlessly switch between the signals of a standard cellular link tower and an available short-range broadband network (such as cable or DSL with Wi-Fi), accelerating wireless broadband deployment, thereby creating a platform for revenue sharing between the synergistic companies and increased revenues for them by delivering new added services. It could also provide significant savings to Mobile Carriers in additional frequency spectrum and infrastructure equipment by offloading capacity to the Wireless Local Area Networks (WLAN) and IP networks while providing additional sources of revenue. The integration of ASNAP(TM) technology will enable greatly enhanced services such as broadband connectivity, real time two way video conferencing, VoIP and network-based gaming applications via Calypso's cellular phones, PDA's (Personal Digital Assistance) or any mobile devise powered with the company's ASNAP(TM) technology. The patent has also given Calypso the rights to offer license agreements to major mobile and ISP carriers as well as to cellular phones manufacturer and OEM's. Calypso has also built upon its patented ASNAP(TM) technology to create a new technology that could provide 'the' solution that allows satellite radio signals from carriers such as Satellite Radio and Sirius Satellite Radio to be readily received by all types of mobile wireless devices, thus generating a new potential revenue stream for both the satellite radio companies and the companies supplying service to mobile phones and devices and the manufacturers and retailers of those devices, as well for the licensing of this technology by Calypso.

Calypso Wireless is a publicly traded company headquartered in Miami Lakes, FL. Its common stock trades under the ticker symbol CLYW. For more information about Calypso Wireless and its products and services, please visit the company's Web site at http://www.calypsowireless.com.

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All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

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