Calypso Wireless Joins the Wi-Fi Alliance.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)--Feb. 9, 2004 Calypso Wireless, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CLYW), announced today that the company has joined the Wi-Fi alliance -- the leading industry association. The Wi-Fi Alliance is a nonprofit international association formed in 1999 to certify interoperability of Wireless Local Area Network products based on IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.11 specification. The Wi-Fi Alliance is an exclusive worldwide organization of only 200+ members, including such industry market leaders as Motorola (Nasdaq:MOT), Advanced Micro Devices Inc. (NYSE NYSE See: New York Stock Exchange :AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. ), Nokia (NYSE: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. ) and Cisco Systems (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ). "This is an important step for Calypso Wireless. The membership in Wi-Fi alliance provides us with several valuable benefits. First, it gives us a direct access to other member companies, enabling us to introduce our revolutionary ASNAP ASNAP Automatic Switching of Network Access Points (CalypsoWireless Inc.) (TM) technology to industry leaders. Secondly, we get to share in the media exposure and public awareness building activities of Wi-Fi Alliance. And thirdly, participate in Wi-Fi alliance sponsored trade show events and exhibits," says Mark Sujo, Vice President of Sales of Calypso Wireless, Inc. 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 the mobile cellular network (GSM/GPRS or 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. ) link tower to a short range broadband network such Wi-Fi. The wireless customer remains connected to the cellular 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 phones, or any cell phones powered with Calypso's technology. Calypso Wireless Inc. is headquartered in Miami Lakes, FL. For more information about Calypso Wireless and its products and services, please visit the company's Web site at http://www.calypsowireless.com. About the Wi-Fi Alliance The Wi-Fi Alliance (formerly WECA) is the global Wi-Fi organization that created the Wi-Fi brand. A nonprofit organization, the Alliance was formed in 1999 to certify interoperability of IEEE 802.11 products and to promote them as the global, wireless LAN standard across all market segments. The Wi-Fi Alliance has instituted a test suite that defines how member products are tested to certify that they are interoperable with other Wi-Fi CERTIFIED products. These tests are conducted at an independent laboratory. Membership in the Wi-Fi Alliance is open to all companies that support the IEEE 802.11 family of standards. The Wi-Fi Alliance now comprises over 200 members from the world's leading companies. These companies offer over 1,000 Wi-Fi CERTIFIED products. For more information, please visit www.wi-fi.org, and for information on Wi-Fi ZONE(TM) public access locations go to www.wi-fizone.org. 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. |
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