DPAC Technologies Introduces First Product in AirborneDirect Family of Wireless Solutions for Installed-Base OEM Devices.Business Editors GARDEN GROVE Garden Grove, city (1990 pop. 143,050), Orange co., S Calif., a suburb of Long Beach and Los Angeles, on the Santa Ana River; founded 1877, inc. 1956. Many of its residents work in nearby aerospace and defense installations, and there is light manufacturing. , Calif.--(BUSINESS WIRE)--Jan. 27, 2004 -- "Plug and Play" Feature Enables Wi-Fi LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and Internet Access for Equipment, Devices and Machines not Currently Connected to the Network -- Eliminates the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Design Cycle in the Sales Process and Provides 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 with a Quicker Ramp to Revenue -- Leverages the Technology of the Airborne(TM) 802.11 LAN Node Module Leveraging the technology of the Airborne(TM) Wireless LAN Node Module, DPAC Technologies (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 :DPAC) today announced a new family of "plug-and-play" wireless products called AirborneDirect(TM). AirborneDirect(TM) is designed to provide local area network (LAN) and Internet connectivity to the installed-base of industrial OEM applications. The first product released in the family is called "AirborneDirect(TM) Serial." AirborneDirect Serial enables plug-and-play wireless LAN connectivity with devices that have an existing RS232, RS422, or RS485 serial interface. An example application would be a patient bedside monitor, where AirborneDirect Serial can create a wireless connection between the bedside monitor and the nursing station by simply plugging it into the existing serial port on the patient monitor. Several patients can be monitored from a nursing station or other central location, and physicians can monitor patients remotely from any PC, PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). , or cell phone that has Internet access. "This is the first in what is to become a broad offering of products that are built off of our existing technology in the Airborne 802.11b Wireless LAN Node Module," said Brett Trowbridge, vice president for DPAC. "AirborneDirect Serial addresses a real need in the OEM marketplace. The product provides easy and rapid wireless LAN and Internet Access to the large installed base of OEM equipment that is typically isolated from the network right now." Each AirborneDirect product is a fully integrated 802.11b wireless LAN bridge designed specifically to provide wireless LAN and Internet connectivity to instrumentation, industrial, and process controls, automotive, and medical applications where a communications interface already exists. Each new product in the AirborneDirect family uses the Airborne 802.11b Wireless LAN Node Module as the product's engine. As with the module, there is no need for an OEM to have RF or communications expertise, and there is no need to develop software. "We're very excited about the AirborneDirect product line because it provides DPAC with a product that has the potential for a rapid ramp-to-revenue through retrofitting our customers' installed base of products," said Kim Early, Interim 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 Technologies Corp. OEMs can gain competitive advantages by using AirborneDirect Serial. Once the product is installed on a piece of equipment, an OEM can remotely access the equipment and perform system diagnostics without sending out a technician to the site. An OEM can save money by properly diagnosing problems prior to deploying costly repair crews. AirborneDirect Serial also allows alert messages to be sent from the system or equipment via the Internet to ubiquitous devices such as today's cell phones, pagers, or PDAs, advising technicians of system conditions or routine maintenance requirements. This can significantly reduce equipment downtime, prevent equipment problems before they occur, and offer a competitive customer service advantage. Samples of AirborneDirect(TM) Serial and evaluation kits are available now. DPAC will begin volume production of AirborneDirect(TM) Serial in 2Q 2004. 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 a diverse portfolio of patented electronic-component-based products including component packaging technology for high-density, space-saving memory and wireless applications, and solutions for digital image enhancement See image editing. . DPAC's products are used in electronic circuits found in network servers, computer storage devices, weapon guidance systems, medical instrumentation, communication devices, refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. controls, automotive diagnostic equipment and other advanced equipment. The Company also provides value-added manufacturing of prototype designs and medium volume production runs of assembled circuit boards. The Company's web site address is http://www.dpactech.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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 success of patented products, future business opportunities with products, the wireless market, protection of 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 on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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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