Intrado Subsidiary bmd wireless and 724 Solutions to Develop Mobile Services Solution.NEW ORLEANS -- Solution Accelerates Content Delivery, Safeguards Subscribers, and Lowers Operational Costs Intrado Inc. (Nasdaq:TRDO), a global provider of integrated data and telecommunications solutions, and 724 Solutions (Nasdaq:SVNX) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SVN SVN Subversion (version control system) SVN Slovenia (international traffic code) SVN Social Venture Network SVN South Vietnam SVN Secure Virtual Network SVN Supervised Visitation Network ), a leading provider of next-generation IP-based network and data services, today announced that Intrado subsidiary bmd wireless and 724 Solutions have agreed to jointly develop and cooperatively market an enhanced service management and message delivery solution. The agreement between the two companies to combine capabilities will help mobile network operators accelerate content delivery, reduce operational costs and increase the value of their service offerings. The solution integrates 724's X-treme Service Activity Manager (XSAM XSAM X-Treme Service Activity Manager ) with key service enablers from bmd wireless including SMS Spam Filtering and SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. direct delivery. XSAM, deployed at mobile operators serving more than 40 million subscribers throughout the United States, Europe and Asia, standardizes and automates the lifecycle management and billing of content services, enabling mobile operators and third parties to rapidly deploy, manage and deliver a rich portfolio of advanced WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. , J2ME (Java 2 Platform, Micro Edition) A version of Java 2 for cellphones, PDAs and consumer appliances. J2ME uses the K Virtual Machine (KVM), a specialized Java interpreter for devices with limited memory. , HTTP HTTP in full HyperText Transfer Protocol Standard application-level protocol used for exchanging files on the World Wide Web. HTTP runs on top of the TCP/IP protocol. , MMS (Multimedia Messaging Service) An enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cellphones. Developed as part of the 3GPP project, MMS phones are generally backward compatible with SMS and EMS. and SMS-based mobile data services with dynamic workflow processes that can be easily adapted to changing needs. SMS Spam Filtering enables mobile operators to effectively detect, filter and block unwanted SMS messages from any network. SMS direct delivery reduces operational costs by allowing transfer of incoming messages directly to an application or a person. "With mobile operators focused on the importance of mobile content to enhance revenues, successful deployment of each service can vary greatly in technical requirements," said Dan Hoskins, Intrado senior vice president, sales and market development. "This integrated solution reduces the complexity in content support, provisioning and delivery, allowing operators to add significant value to the transaction stream and achieve their time-to-market objectives." "As data services offerings become more competitive, mobile operators that can offer valuable, relevant content, while preventing the delivery of harmful or unwanted content, will be well positioned to grow data revenues," said John Sims, 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. of 724 Solutions. About Intrado Intrado Inc. (Nasdaq:TRDO) provides the core of North America's 9-1-1 infrastructure and delivers innovative solutions to communications service providers and public safety organizations, including complex data management, network transactions, wireless data services and notification services. bmd wireless AG is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Intrado and a leading global provider of core network messaging solutions. Additional information on Intrado can be found at the Company's Web site: www.intrado.com. 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. 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 This announcement contains expectations and other forward-looking statements regarding: (1) Intrado's future financial performance; (2) Intrado's ability to quickly and effectively design, build and deliver messaging platforms, tools and solutions that enable wireless service providers to provide innovative voice and data services to their subscribers; (3) the size and growth potential of the global wireless data services and messaging markets and Intrado's ability to become a major data services provider throughout the world; and (4) Intrado's ability to expand into international markets. Readers are cautioned that actual results may differ materially from the forward-looking statements in this release as a result of certain factors, including: Intrado's ability to compete in Europe and other international markets, Intrado's ability to integrate the business, personnel, products and customers of bmd wireless and other companies that Intrado may acquire, whether the acquisition will prove to be profitable and accretive to Intrado, and other factors identified from time to time in filings with the Securities and Exchange Commission. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Intrado undertakes no obligation to update or revise the information in this press release, whether as a result of new information, future events or circumstances, or otherwise. About 724 Solutions 724 Solutions (Nasdaq:SVNX) (TSX:SVN) delivers reliable, scalable technology and solutions that allow mobile network operators to rapidly deploy flexible and open next generation IP-based network and data services. Additionally, in conjunction with mobile operator partners, the company provides a series of actionable alerting solutions to enterprises to assist them in lowering operating costs and improving customer relationship management. 724 Solutions is a global company with development operations in Canada and Switzerland with its corporate office in Santa Barbara, California Santa Barbara is a city in California, United States. It is the county seat of Santa Barbara County, California. As of the 2000 census, the city had a total population of 92,325. . For more information, visit www.724.com or CTIA (1) See CompTIA. (2) (Cellular Telecommunications & Internet Association, Washington, DC, www.ctia.org, www.wow-com.com) A membership organization founded in 1984 that is involved with regulatory and public affairs issues in the wireless industry. Wireless 2005 Booth 2619, Hall C to learn more. Cautionary Note Regarding Forward-Looking Statements This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements include the statements herein regarding: the services and products that will be offered by 724 Solutions, the benefits that businesses will obtain from these services and products, future demand for these services and products, our future operating and cash performance, our plans and prospects and the sufficiency of our cash resources. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including the risk that 724 Solutions will be unable to deploy its solutions and products, the risk that the demand for these solutions and products, or for 2.5G and 3G networks, will not increase as presently anticipated, the risk that general economic conditions will not improve or deteriorate, the risk that 724 Solutions will be unable to retain its key customers, the risk that 724 Solutions will lose business to competitors with greater resources, and other risks described in 724 Solutions' Securities and Exchange Commission filings, including its annual report 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. and its quarterly reports on Form 10-Q Form 10-Q See 10-Q. . These risks are also described in 724 Solutions' filings with the Canadian Securities Administrators Canadian Securities Administrators(CSA) is a forum for the 13 securities regulators of Canada's provinces and territories to coordinate and harmonize regulation of the Canadian capital markets. . 724 Solutions does not undertake any obligation to update this forward-looking information, except as required under applicable law. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion