World Wireless Communications Inc. Commences Trading On the American Stock Exchange On May 5, Under Ticker Symbol XWC.Business Editors DENVER--(BUSINESS WIRE)--May 4, 2000 World Wireless Communications Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: WWWC WWWC World Without War Council WWWC World Wide Web Communications, Inc WWWC Waco Wild West Century (Texas bicycle ride) WWWC Wonderful, Wacky, Water Critters WWWC World Wide Web Casinos WWWC World Wide Wireless Communications ), a leading developer of wireless communications and Internet technology Thursday announced that the company has been approved for listing on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. and will commence trading on Friday, May 5, 2000. With breakthroughs in wireless and Internet systems, World Wireless has positioned itself at the forefront in web-enabling technology with X-traWeb, a new and powerful product that enables commonly used devices to be easily monitored and controlled remotely through the Internet using an ordinary web-browser. Currently trading under the symbol WWWC on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. , the company's new ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors will be XWC XWC Crosswind Component XWC X-Treme Wrestling Coalition (band) . "As compared with an OTC listing, an AMEX AMEX See: American Stock Exchange listing will permit larger broker-dealer firms to recommend World Wireless' stock, it will also provide greater access to investors throughout the country who are interested in purchasing the stock since World Wireless' shares are automatically registered in all states after being listed on the AMEX," commented David Singer, chairman & chief executive officer of World Wireless Communications Inc./X-traWeb Inc. "The AMEX listing will also provide greater visibility for our company as we report our progress on this emerging technology." World Wireless' web enabling technology has already been incorporated into restaurant operations, with Wendy's International Inc., one of the largest restaurant and franchising companies in the world. Wendy's International has successfully tested the X-traWeb system at their corporate headquarters in Dublin, Ohio, allowing for the monitoring and control of temperature systems from a standard web browser. X-traWeb is a critical advancement for the next evolution of Internet application -- creating an eLifestyle whereby many commonly used products will be easily monitored and controlled remotely through the Internet from anywhere in the world. "Trading on the AMEX will enhance World Wireless' credibility in the area of web-enabling technology and also provides a larger presence in the marketplace, as well as the investment community," asserted Singer. "Our web-enabling expertise affords us a technological edge, helping to maintain our leadership role in this rapidly changing market place." World Wireless Communications Inc. (Amex: XWC) formed in 1995 is a leading developer of wireless and Internet systems. The company develops and distributes components for its X-traWeb(TM) network, a convergence technology for the monitoring and control of remote systems through the Internet. XWC also focuses on spectrum radios in the 900 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. and 2.4 GHz Bands. For more information, please visit the company's web site at www.worldwireless.com. |
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