Calypso Wireless, Inc. -- New Technology Could Dramatically Impact Network Systems and Software Development Companies
Posted on: Wednesday, 12 May 2004, 06:00 CDT
MIAMI LAKES, Fla., May 12, 2004 (PRIMEZONE) -- Calypso Wireless, Inc. (OTCBB:CLYW), in the effort, to make ASNAP(tm) the de facto standard, is in negotiations with one of the largest software companies to incorporate ASNAP(tm) technology into their OS (Operating System). This could result in substantial licensing revenues for Calypso over the life of the patent. Its patent will have major implications on network equipment and software vendors like: Microsoft (Nasdaq:MSFT), Cisco (Nasdaq:CSCO), Lucent (NYSE:LU) and Qualcomm (Nasdaq:QCOM).
Calypso's recently granted U.S. Patent # 6,680,923 titled "Communication system and method" covers the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers (GSM/GPRS/EDGE, CDMA, WCMDA etc.) and short-range Internet access points (such as Wi-Fi, Bluetooth, etc.). Calypso Wireless is in the process of contacting all major manufactures of telecom gear and Internet switches and routers to notify them of this patent.
The Calypso's technology enables mobile users to seamlessly switch between cellular and wireless IP networks via the WLAN (Wireless Local Area Network), accelerating wireless broadband deployment. The technology could also provide significant savings to mobile carriers in additional frequency spectrum and infrastructure equipment by offloading capacity to the WLAN and IP networks while increasing their revenues by introducing new services. Internet-ready devices, including wireless phones, PDA's and notebooks -- can seamlessly connect to either the mobile carriers cellular phone network or any wireless LAN, such as 802.11x (Wi-Fi). In other words, global connectivity of voice, video and data will be done through the most efficient connection point, at a lower cost to both the mobile carrier and the consumer.
Handset and network gear software developers and network gear producer will be able to expand their market share by offering products that incorporate Calypso's ASNAP(tm) technology.
About Calypso Wireless, Inc.
Calypso Wireless is the company behind the revolutionary ASNAP(tm) technology for which Calypso recently was granted US Patent # 6,680,923 tiled "Communication system method" (http://www.uspto.gov search U.S. patent number 6,680,923). Calypso's technology enables cell phones and other mobile devices to automatically detect an available wireless local area network and then seamlessly switch between the signals from a GSM/GPRS or CDMA cellular tower to a short-range broadband network such as cable with Wi-Fi. The wireless customer remains connected to the GSM/GPRS or CDMA network until his cell phone automatically detects and switches to a Wi-Fi network. At that point, the cell phone seamlessly switches to that network and is now able to connect at a speed of up to 11,000 Kbps (11Mbps) enabling movie-quality, real-time video conferencing via Calypso's cellular phones, or any cell phones powered with Calypso's technology.
Calypso Wireless is a publicly traded company headquartered in Miami Lakes, FL. Its common stock trades under the ticker symbol CLYW. For more information about Calypso Wireless and its products and services, please visit the company's Web site at http://www.calypsowireless.com.
This release is intended as a forward-looking statement within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to provide technology in the future, (ii) Unexpected changes in the technology market, (iii) The success of the Company's expansion and sales and marketing strategies (iv) Competition within the Data Synchronization market (v) The ability of the Company to continue to finance its long-term strategy and expansion (vi) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs.
CONTACT: Calypso Wireless Inc. George Schilling Director of Corporate Communications Tel :(305) 828-4183 http://www.calypsowireless.com
Copyright © 2004 PrimeZone Media Network, Inc.
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