Sierra Wireless Enters the India Marketplace with Distribution Agreement for GSM/GPRS/EDGE Products.Business Editors/High-Tech Writers VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography & MUMBAI, India--(BUSINESS WIRE)--June 2, 2004 Adino Telecom to Distribute The AirCard(R) 750, MP 750 GPS And the New AirCard(R) 775, Wirelessly Connecting Mobile Professionals to Real Time Information 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. (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 an agreement with Adino Telecom Limited, India's premier broadband solutions company, to distribute the AirCard(R) 750 wide area wireless PC Card and the rugged MP 750 GPS modem, for use on GSM (Global System for Mobile Communication) and GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. (General Packet Radio Services) networks, and the new AirCard(R) 775 PC Card for EDGE (Enhanced Data rates for Global Evolution) networks, to customers in India. This agreement marks Sierra Wireless' first entry into the Indian marketplace and demonstrates its continued commitment to deliver wireless solutions to the Asia-Pacific region, building on recent distribution agreements in China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Singapore, and Thailand. Based in Mumbai, with service centers in all four regions of the country, Adino Telecom markets telecom products and provides system integration and custom-built solutions to clients across India. Under the agreement with Sierra Wireless, Adino Telecom will distribute the Sierra Wireless line of wireless products through over 4,000 existing outlets of its parent company, ONIDA Group, and to enterprise customers, mobile professionals, and government organizations. "We see a strong demand for innovative wireless solutions in the Indian marketplace and are proud to partner with Adino Telecom to meet the needs of corporate, government, field service, and public safety customers across the country," said Andrew Harries, Senior Vice President of Marketing for Sierra Wireless. "With our GSM/GPRS product line available in India, customers will be able to enhance their productivity with fast and reliable access to mission critical information and data intensive applications even when in remote regions and harsh environments." "By partnering with an industry leader like Sierra Wireless to provide a superior and reliable wireless solution, we will be able to give our customers a competitive advantage," said Mr. S. Ramchandra, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Adino Telecom. "Wireless data communication deployment is growing at an unprecedented rate in India. The combination of these new wireless networks with one of the most innovative wireless data product lines on the market today will provide Adino Telecom customers with the ability to stay connected and productive when mobile or in remote regions." The Sierra Wireless AirCard 750 is a tri-band wireless network card operating on GSM/GPRS networks. It enables mobile customers using a notebook computer or handheld device to wirelessly connect to the Internet, email, and corporate applications with LAN-like connectivity when away from the office. The GPRS Multislot Class 12 capabilities provide the highest GPRS throughput on the market today and superior power management minimizes power consumption. A true Type II PC Card, the AirCard 750 integrates into the Windows notebook or handheld device and supports Windows 95 (OSR OSR Orchestre de La Suisse Romande OSR OEM Service Release OSR Ontario Student Record OSR Office of School Readiness (various locales) OSR Office of Scientific Research OSR Overseas Service Ribbon OSR Ohio State Reformatory 2 and higher), 98, NT 4.0, 2000, Me, XP, PPC See Pocket PC, PowerPC and pay-per-click. PPC - PowerPC 2000, PPC 2002 and HPC (Handheld PC) A palmtop computer that weighs less than one pound and runs specialized versions of popular applications. Microsoft coined the term for its Windows CE operating system, which is an abbreviated version of Windows. See Pocket PC. 2000. The MP 750 GPS offers a wireless solution for use in vehicles and other rugged environments, and provides a durable and versatile data solution to users in field service and public safety industries such as police, fire, and rescue. A Class 12 product offering high-speed, tri-band GPRS wireless data and voice connections, the MP 750 features integrated GPS (Global Positioning System Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. ) and digital input/output ports for location tracking, alarming, and reporting. The MP 750 GPS also operates in extreme temperatures and meets U.S. Military and SAE (Society of Automotive Engineers SAE International (SAE) is a professional organization for mobility engineering professionals in aerospace, automotive and the commercial vehicle industries. The Society is a standards development organization for the engineering of powered vehicles of all kinds, including ) specifications for vibration, shock, and humidity. About the size of a credit card, the Sierra Wireless AirCard 775 is a multi-slot Class 12 EDGE PC Card and the newest addition to the award winning AirCard PC Card series. Reaching speeds up to three times faster than on GPRS networks, the AirCard 775 is ideal for mobile professionals who are heavy data users, allowing them to send data at speeds averaging between 100 and 130 kbps (kilobits per second (unit) kilobits per second - (kbps, kb/s) A unit of data rate where 1 kb/s = 1000 bits per second. This contrasts with units of storage where 1 Kb = 1024 bits (note upper case K). ), with bursts up to 216 kbps. The quadband design (850/900/1800/1900 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. ) also enables global roaming on both EDGE and GSM/GPRS networks. The AirCard 775 becomes commercially available in North America and Europe in the third quarter of 2004 and commercial availability in India is expected in the fourth quarter of 2004. For additional information on the Sierra Wireless AirCard 750, please visit http://www.sierrawireless.com/ProductsOrdering/AC750GSM.asp or contact Sierra Wireless direct by calling 604-232-1488 or email sales@sierrawireless.com. For additional information on the Sierra Wireless MP 750 GPS, please visit http://www.sierrawireless.com/ProductsOrdering/mp750.asp or contact Sierra Wireless direct by calling 604-232-1488 or email sales@sierrawireless.com. For additional information on the Sierra Wireless AirCard 775, please visit http://www.sierrawireless.com/ProductsOrdering/AC775.asp or contact Sierra Wireless direct by calling 604-232-1488 or email sales@sierrawireless.com. Note to editors: To view and download images of the AirCard and MP Series and other Sierra Wireless products, please visit http://www.sierrawireless.com/news/photos.asp. About Adino Telecom Adino Telecom Limited, a joint venture between ONIDA Group, a leading name in the field of consumer electronics, and Enkay Telecom, India's telecommunications leader, is India's premier broadband solutions company, delivering the edge to stay ahead in this ever-changing global digital era. Adino has been the distributor throughout India for Motorola India Limited, Commercial, Government and Industrial Solutions (CGISS CGISS Commercial, Government and Industrial Solutions Sector CGISS Coast Guard Intelligence Support System ) Sector since 1994. Adino Telecom introduced broadband solutions in the late 1990's through new alliances with international equipment suppliers. For more information on Adino Telecom please visit www.adinotelecom.com. 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 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 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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