Sierra Wireless Adds the AirCard 555R - RUIM - CDMA 1X PC Card to Product Line and Signs Agreement for China Market.Business Editors BEIJING & VANCOUVER, British Columbia--(BUSINESS WIRE)--March 15, 2004 Beijing Putian Taili Telecom signs agreement with Sierra Wireless Sierra Wireless (NASDAQ: SWIR, TSX: SW) is a wireless communications equipment designer and manufacturer, founded in 1993 and currently headquartered in Richmond, BC, Canada. Sierra's products are sold through indirect channels, such as wireless operators (e.g. to distribute AirCard(R) products in China, wirelessly connecting mobile professionals to real time information Sierra Wireless (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 : SWIR SWIR Short Wavelength Infrared SWIR Software Inspection Report ) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : SW) announced today the addition of the AirCard 555R, a wide area wireless PC Card with Random User Identity Module (RUIM RUIM Removable User Identity Module ) support to its award winning product line for the China market. Operating on 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. 1X networks, the AirCard 555R will provide mobile professionals with wireless data access at speeds up to 153.6 kbps. The AirCard 555R will be distributed by Beijing Putian Taili Telecom, a leading reseller in China, and product availability is scheduled for the second quarter of 2004. Beijing Putian Taili Telecom will also distribute the Sierra Wireless AirCard 750 GSM/GPRS wide area network PC Card in China. Putian Taili, headquartered in Beijing, has an established nationwide marketing and after sales network in over 100 cities, with 28 branches and 75 district sales offices, specializing in the marketing and service of mobile terminal products. With well-established distribution channels, Beijing Putian Taili will work with wireless network operators in China to distribute the AirCard product line. "We continue to see strong growth and demand in the Asia-Pacific region for wireless data products and Sierra Wireless is committed to expanding our AirCard product portfolio in China," said Jason Cohenour, Senior Vice President Global Sales for Sierra Wireless. "By working with Beijing Putian Taili Telecom, Sierra Wireless can offer its customers more ways to stay wirelessly connected, ensuring them complete access to information." "Our partnership with Sierra Wireless will enable us to meet customers' increasing demands for reliable wireless data solutions," said Sheng sheng (Chinese; “sage” or “saint”) In Chinese belief, a mortal who attains extraordinary or supernatural powers by self-cultivation and serves as a model for others. Confucius used the term to refer to exemplary rulers of the past. FuJun, Assistant President of Beijing Putian Taili Telecom. "Sierra Wireless has a reputation for quality and innovation and we want our customers to receive the best products the market has to offer." About the size of a credit card, the AirCard 555R PC Card, designed specifically for the China market, is a complete communications solution offering both wireless data and voice functionality. The removable RUIM chip offers customers the flexibility to transfer account information (stored on the RUIM chip) from device to device easily and efficiently. When inserted into a PC card slot A socket for inserting a printed circuit board or a PC Card (CardBus card). See PC Card. , the AirCard 555R will allow mobile professionals the flexibility to work outside the office while using a notebook, Personal Digital Assistant (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 other handheld device and receive reliable, high-speed, wireless access to email, data, corporate applications and the Internet. For more information on the AirCard 555R please visit http://www.sierrawireless.com/ProductsOrdering/AC555R1X.asp. Note to editors: To view and download images of Sierra Wireless products, please visit http://www.sierrawireless.com/news/photos.asp. About Beijing Putian Taili Telecom Founded in 1992, Beijing Putian Taili Telecom Technology Development Company, 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 China Putian Corporation, is a professional nationwide value-added distribution agent for mobile communication terminal products. Headquartered in Beijing, it has an established nationwide marketing and after sales network in over 100 cities, with 28 branches and 75 districts sales offices. Putian Taili's business scope covers both sales and service of mobile communication products (GSM, CDMA). About Sierra Wireless Sierra Wireless is a leader in delivering highly differentiated wireless solutions that enable our customers to improve their productivity and lifestyle. Sierra Wireless develops and markets the AirCard, the industry-leading wireless PC card line for portable computers; embedded modules for 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 wireless applications; the MP line of rugged vehicle-mounted connectivity solutions; and Voq, a line of mobile phones with easy-to-use, secure software solutions for mobile professionals. For more information about Sierra Wireless please visit www.sierrawireless.com. "AirCard" is a registered trademark of Sierra Wireless, Inc. "Voq" is a trademark of Sierra Wireless, Inc. Other product or service names mentioned herein may be the trademarks of their respective owners. Forward Looking Statements This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , profits, and other expectations, intentions, and plans contained in this press release that are not historical fact. Our expectations regarding future revenues and earnings depend in part upon our ability to successfully develop, manufacture, and supply products that we do not produce today and that meet defined specifications. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the wireless data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. market. In light of the many risks and uncertainties surrounding the wireless data communications market, you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized. |
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