Calypso Wireless Received Purchase Order for Over US$ 2 Million from Servinova, a Cisco Systems Registered Partner Company for the Delivery of its C1250i WiFi-GSM VoIP Cellular Phone Connecting With Skype for Long Distance Calls.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. -- 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, Inc. (PINK SHEETS: CLYW), a leader in advanced wireless telecommunications technology announced today that it has received a purchase order for US$ 2.02 Million from Servinova, a Cisco Systems (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) registered partner company, for the delivery of the Calypso C1250i Dual Mode ASNAP ASNAP Automatic Switching of Network Access Points (CalypsoWireless Inc.) (TM) patented technology (U.S. Patent #6,680,923) WiFi-GSM-GPRS VoIP cellular phone, which runs on Intel (NASDAQ: INTC INTC Intel (NASDAQ symbol) INTC Intercept INTC Interrupt Controller ) PXA series application processor and Microsoft WinCE 5.0 operating system. "Servinova' Cisco Systems Registered Partner company has successfully completed the field trial on Calypso C1250i WiFi-GSM-GPRS VoIP cellular phones interconnecting with Cisco Aironet Wi-Fi Access Point and has placed an initial order to Calypso Wireless for US$ 2.021 Million," says Milton Campuzano, President of Servinova. "When making a VoWLAN (Voice over Wireless LAN See voice over Wi-Fi. ) call using Microsoft (NASDAQ: MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) Windows CE 5.0 platform SIP Client on Calypso C1250i WiFi-GSM-GPRS VoIP cellular phone, mobile subscriber will be able to save money on local or long distance call interconnecting with Skype (NASDAQ: EBAY) for its long distance call," also says Campuzano. "We at Calypso feel proud to start a new trend in the telecommunication arena with the Calypso ASNAP(TM) patented technology where mobile subscribers will be able to lower their local or long distance call cost when connecting to any Wi-Fi access point using Skype, the Global Internet Communications Company(TM). This represent a large opportunity for Calypso to capitalize and sell its dual mode WiFi-GSM-GPRS VoIP cellular phone to mobile carriers and Internet Service Providers (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. )," says Alfredo Sarrazin, Vice President of Sales of Calypso Wireless Inc. ``This initial purchase order of US$ 2 Million represents 4,300 Calypso C1250i dual mode cellular phones. With an estimated 800 millions cellular phones to be sold world wide in 2005 (estimated by Frost & Sullivan), this order is just the beginning of Calypso entering the mobile market with the ASNAP(TM) patented technology,'' also says Sarrazin. 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 (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's patented ASNAP(TM) technology will enable cellular phones to automatically detect any available Wireless Local Area Network (WLAN See wireless LAN. WLAN - wireless local area network ) and then seamlessly switch between the signals of a standard cellular link towers and an available short-range broadband network such as cable or DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary with Wi-Fi), accelerating wireless broadband deployment, thereby creating a platform for revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. 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' 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
Calypso Wireless is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. 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. About Sevinova Servinova is a Cisco Systems registered partner company. The Company provides sales, service and installations of Cisco Systems' products. For more information about Servinova and its products and services, please visit: http://www.cisco.com/global/EC/pr/prc/servinova.shtml Safe Harbor Statement under 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: 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. 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. |
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