Kyocera Wireless Mobile Phones Excel in Cellular South WirelessWallet Consumer Trial.Kyocera handsets equipped with Near Field Communications Field Communications was a division of Field Enterprises, which owned the Chicago Sun-Times and the Chicago Daily News. The company owned independent television stations in the United States, with WFLD-TV in Chicago as its largest-market station. enable mCommerce for wireless purchases and payments SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Kyocera Wireless Kyocera Wireless Corporation (KWC) is a manufacturer of mobile telephones for CDMA networks and is a wholly owned subsidiary of Kyocera Corporation that was formed in February 2000 when Kyocera acquired QUALCOMM's San Diego, California-based terrestrial handset division. Corp., a leading global manufacturer of 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. wireless handsets and devices, today announced the successful field-testing of handsets used in a groundbreaking WirelessWallet consumer trial by Cellular South. Equipped with Near Field Communications (NFC NFC abbr. National Football Conference ) technology, the handsets were used by consumers to make wireless payments and purchases in the nation's first multi-city trial by a wireless service provider. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Cellular South, a post-trial survey found that 87 percent of WirelessWallet testers are interested in using the mobile payment technology when it becomes commercially available. The survey, conducted by Insights Research Group, also revealed that more than 75 percent of testers were satisfied with their WirelessWallet transactions. The survey further stated that the vast majority of participants indicated the groundbreaking application was both easy and convenient to use. The trial results provided strong testament to the added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
"Kyocera Wireless is excited by the validation provided by Cellular South's consumer trial and the market opportunity for NFC technology. It is our belief that consumers are ready to embrace the benefits and ease of use of NFC-enabled handsets and related mCommerce applications," said Dave Carey, general manager of the Consumer Products Group at Kyocera Wireless Corp. "These results strongly support Kyocera's vision and early development efforts to integrate leading-edge NFC technology into an intuitive, user-friendly handset solution. We congratulate Cellular South on this milestone accomplishment and will build on this experience to solidify our position as an industry-leading provider of NFC-enabled devices." Cellular South, the nation's largest privately held wireless provider, conducted the three-month trial in Jackson, Miss. and Memphis, Tenn. with partners Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , ViVOtech and Mpact, Inc. Along with being the nation's first multi-city trial of its kind, it was the first to use the technology at multiple retail locations throughout the trial cities using MasterCard([R]) PayPass[TM], and one of the first to successfully test the secure over-the-air download of credit card accounts. At the technology level, it was the first North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. trial of its kind on a CDMA wireless network and the first to employ biometric security, with fingerprint scanners from Atrua Technologies for transactional security on the test handsets. "We were very pleased with the performance of Kyocera's prototype handsets in this trial," said Suzy Hays, senior vice president of marketing sales at Cellular South. "As the end-user's ultimate touch-point and tangible interface with the WirelessWallet service, Kyocera's NFC-enabled handsets were a key element in ensuring a positive experience for our customers. Kyocera understood this and provided strong support throughout this successful trial." Already popular in certain Asian and European markets, wireless mCommerce is expected to flourish in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . According to industry analyst firm Strategy Analytics, sales of NFC-enabled handsets in North America will grow from virtually none in 2007 to 97.4 million units in 2011. Spurring today's development efforts, says Strategy Analytics, are aggressive "contactless payment" initiatives from MasterCard, American Express and VISA. According to Cellular South, WirelessWallet will become available to consumers in early 2008. To learn more about Cellular South's WirelessWallet technology and trial visit www.cellularsouth.com/wirelesswallet. About Kyocera Wireless Kyocera Wireless Corp. is a leading supplier of innovative, feature-rich CDMA wireless devices and accessories for customers worldwide. The company 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 Kyocera International Inc., which acquired QUALCOMM Incorporated's CDMA consumer wireless phone business in February 2000. Based in San Diego, Kyocera Wireless leverages Japan's history of creating advanced consumer technologies around humanism and respect for the environment and blending them with a Western entrepreneurialism and style, resulting in a unique design language and a natural, user-friendly interface. For more information, please visit www.kyocera-wireless.com. Kyocera Corporation (NYSE NYSE See: New York Stock Exchange :KYO), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of advanced ceramics. By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of telecommunications equipment, semiconductor packages, electronic components, laser printers, copiers, solar energy systems and industrial ceramics. During the year ended March 31, 2007, Kyocera Corporation's consolidated net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight totaled approximately US$10.8 billion (JPY JPY In currencies, this is the abbreviation for the Japanese Yen. 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. =1,283,897 million) with net income of approximately US$895 million (JPY=106,504 million). (c) 2007 Kyocera Wireless Corp. All rights reserved. Kyocera is a registered trademark of Kyocera Corporation. All other product or service names mentioned herein are the trademarks or service marks of their respective owners. |
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