Unwire Signs $12 Million Contract in Thailand.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Sept. 27, 2000 CellPoint Inc (Nasdaq:CLPT)(www.cellpt.com) Unwire has signed a $12 million contract with Car Tracking Company Ltd. in Thailand to deliver its GSM terminals for GSM and GPS positioning. The programmable GSM terminals, no bigger than an ordinary mobile phone, will be used for vehicle fleet management in Thailand. The terminals are programmed especially for the client's needs and utilize CellPoint's location technology coupled with Unwire's terminal servers. "Unwire's specific solution and the flexibility to design other custom solutions within the telematics Originally coined to mean the convergence of telecommunications and information processing, the term later evolved to refer to automation in automobiles. GPS navigation, integrated hands-free cellphones, wireless communications and automatic driving assistance systems all come under the area gives us the opportunity to offer our Thai customers safe and efficient management of single vehicles and vehicle fleets," said Attavit Ektanitphong, President of Car Tracking Company Ltd. Car Tracking Company Ltd., formed to be a location service provider in Thailand, has already tested the integrated CellPoint and Unwire technology and services and will begin implementation immediately. "This order shows the variety of applications and services that can be developed with the Unwire GSM server telemetry telemetry Highly automated communications process by which data are collected from instruments located at remote or inaccessible points and transmitted to receiving equipment for measurement, monitoring, display, and recording. terminals," said Michael Wallon, Vice President of Unwire. "At the same time, the order means a big step towards a brand new market. The terminal servers can be utilized to manage almost anything, so this is yet another good example of the wide field of applications the Unwire products can be used for." Unwire AB (www.unwire.com) is a wholly-owned subsidiary of CellPoint Inc. Unwire develops and manufactures wireless telemetry terminals, designs wireless applications and is considered to be a leading company in the world for innovative wireless telematics services. Unwire has four universal GSM server telemetry terminals, the UP 100, UP 200, GT-1 and GT- 3. Each can be used for measuring, control, communication and positioning. Unique software is written for each new application allowing for fast integration and deployment for vehicle related and non-vehicle related telemetry and tracking solutions. CellPoint Inc. (Nasdaq: CLPT)(www.cellpt.com) is a US company with subsidiary operations in Sweden, Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. and South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. delivering location and wireless telematics services in cooperation with cellular operators worldwide. CellPoint's end-to-end cellular location technology works in unmodified Adj. 1. unmodified - not changed in form or character unqualified - not limited or restricted; "an unqualified denial" modified - changed in form or character; "their modified stand made the issue more acceptable"; "the performance of the modified aircraft GSM networks and uses standard GSM or WAP phones WAP phone n → teléfono WAP and standard Internet services. Unwire's GSM terminals are also integrated with CellPoint's Mobile Location Services See mobile positioning. platform. Several commercial applications are available for business and personal location services including Resource Manager@ for mobile resource management and Finder@, an application for locating friends and family. Press releases from CellPoint and Unwire can be viewed at http://www.cellpt.com/v2/newsreleases2.htm CellPoint, Finder@ and Resource Manager@ are trademarks of CellPoint Inc. 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. in this release are made pursuant to 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 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. Act of 1995. Actual results may differ materially from those projected in any forward-looking statement. Investors are cautioned that such forward-looking statements involve risk and uncertainties which may cause actual results to differ from those described. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/09/27/20000927BIT00350/bit0001.doc http://www.bit.se/bitonline/2000/09/27/20000927BIT00350/bit0002.pdf |
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