DPAC Designed Into World's First Wireless Universal Vehicle Network Bridge Developed by Cubic Systems.Business Editors/High-Tech Writers Sensors Expo 2004 GARDEN GROVE, Calif.--(BUSINESS WIRE)--June 7, 2004 -- 802.11b wireless bridge supports all automotive on-board diagnostic data networks -- DPAC DPAC Denver Performing Arts Complex (CO, USA aka: DCPA) DPAC Deferred Policy Acquisition Costs (insurance) DPAC District Parent Advisory Committee DPAC Dover Partnership Against Crime and Cubic team up for automotive demonstration at Sensors Expo in Detroit Cubic Systems, Inc., a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. in Ann Arbor, Michigan  “Ann Arbor” redirects here. For other uses, see Ann Arbor (disambiguation). Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. has announced today that it has selected the Airborne(TM) Wireless LAN Node Module from DPAC Technologies (Nasdaq:DPAC) for its wireless universal vehicle network bridge, called SenseNet(TM) VNB VNB Verrazano-Narrows Bridge VNB Violent New Breed (gaming clan) VNB Very Naughty Boy VNB Veritas Netbackup . SenseNet VNB is the world's first 802.11b wireless bridge that supports all on-board diagnostic (OBD OBD On Board Diagnostics OBD On-Board Diagnosis OBD Organization of Black Designers OBD Overboard (Swedish punkrock band) OBD Opposed Blade Damper (mechanical) OBD Off-Board Diagnostics and EOBD EOBD European On-Board Diagnostics EOBD European On Board Diagnosis EOBD End of Business Day for Europe) automotive data networks that reduce the cost and complexity of wiring in automobiles. SenseNet VNB delivers wireless data communications to automotive diagnostics and fleet asset management systems. "The Airborne Wireless LAN Node Module allowed us to meet automotive industry requirements better than any other solution we evaluated," said Rick Fortson, president for Cubic Systems, Inc. "Our customers have begun evaluation and have responded favorably to the technology and features brought by the Airborne module." "We're pleased to have been selected by an industry leader and innovator of Cubic's caliber," said Kim Early, 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. for DPAC. "Cubic has developed significant relationships in the automotive diagnostics, fleet management, and telematics industries which have been identified as key markets for DPAC's wireless products." Cubic Systems will join DPAC to interactively demonstrate SenseNet at the Sensors Expo and Conference, a national trade show held at Cobo Center in Detroit, June 8-10, which is expected to draw over 3000 design engineers and top decision makers. The Airborne(TM) and AirborneDirect(TM) family of products provide wireless networking solutions to OEMs requiring industrial grade performance and a quick time-to-market. The wireless products were first introduced to market in September 2003 and have quickly earned their way into dozens of OEM designs. DPAC has successfully adhered to an aggressive product launch plan and a commitment to leading the OEM market for wireless networking solutions. About DPAC Technologies Located in Garden Grove, California Garden Grove is a city centrally located in northern Orange County, California, United States. As of 2004, the city population was 170,000 people. California State Route 22, also known as the Garden Grove Freeway, passes through the city from east to west. , DPAC Technologies provides embedded wireless networking and connectivity products for machine-to-machine communication applications. DPAC's wireless products are used by major OEMs in the transportation, instrumentation and industrial control, homeland security, medical diagnostics and logistics markets to provide remote data collection and control. The Company's web site address is www.dpactech.com. About Cubic Systems, Inc. Located in Ann Arbor, Michigan, Cubic Systems provides embedded telematics, vehicle network and sensor network products for the transportation and consumer electronics marketplace. The Company's web site address is www.cubiclabs.com. Forward-Looking Statements This press release includes forward-looking statements, including statements regarding technology development, expansion and business plans that are subject to change, uncertainties and risks. Every statement herein that is not historic in nature is a forward-looking statement for purposes of the Safe Harbor provisions 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. Such statements involve risks and uncertainties, and therefore results may differ materially from those set forth in these statements. Factors that affect DPAC's business include, but are not limited to, the degree of market acceptance of our existing and planned wireless connectivity products, future business opportunities with these products, the IDA Ida (ē`dä), city (1990 pop. 91,859), Nagano prefecture, central Honshu, Japan, on the Tenryu River. It is an agricultural market and railway junction. market and prospects for future considerations under this agreement, protection of licensed technology or proprietary rights, risks of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , and general market and economic conditions. More information about the risks and challenges faced by DPAC Technologies Corp. is contained in the Securities and Exchange Commission filings made by the Company from time to time on Form 10-K, 10-Q and 8-K. DPAC Technologies Corp. specifically disclaims any obligation to update or revise any forward-looking statements whether as a result of new information, future developments or otherwise. |
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