CellPoint's Unwire Signs Ericsson as Strategic Partner in Asia
CellPoint's Unwire Signs Ericsson as Strategic Partner in Asia Stockholm, May 8 - Unwire, a subsidiary of CellPoint Inc (NASD: CLPT; www.cellpt.com) and Ericsson Business Consulting (Nasdaq: ERICY) have signed an agreement for Ericsson to deliver solutions in South East Asia based on Unwire's programmable GSM terminals. Ericsson has initially committed to buy several hundred terminals from Unwire and has employed project leaders and sales staff to sell the new solutions enabled by Unwire's technology. Michael Wallón, interim President of Unwire, said, "The Ericsson agreement is a milestone for Unwire and a proof that we are heading in the right direction. This is one of a couple of very important steps for the globalization of our products." Ericsson has begun focusing on development using Unwire's GSM terminal platforms that allow applications to be added to common equipment as an alternative to custom installation and programming of motherboards on millions of devices that already exist. Ericsson has also commissioned Unwire to work with its staff in developing applications on Unwire's GSM telematics terminals in the fast growing Asian markets. "Starting with a multinational company with thousands of machines, Ericsson has many other very interesting applications planned for delivery using our technology platforms," continues Wallón. The first such solution was shown at an exhibition in Kuala Lumpur, Malaysia in late April. Unwire's commercial software application library is also being made available to Ericsson, allowing them to deliver standard solutions that are already proven in commercial use which means time to market for Ericsson. Unwire AB (www.unwire.com) is a wholly-owned subsidiary of CellPoint Inc. Unwire develops and manufactures wireless telematics terminals and is considered to be a leading company in the world for innovative wireless telematics services. "At CeBIT in Germany this year, we had thousands of visitors to our Stand," said Michael Wallón of Unwire. "We demonstrated telematics services and techniques that are totally unique and for the second year in a row, we have not seen anything similar from any other company in the world." Unwire has two GSM Server terminals products, the UP 100 and UP 200. A GSM wireless terminal, unique software is written for each new application, and Unwire has a growing software library of commercially deployable applications. The terminal connects to a serial interface and becomes the interface to machinery and other equipment. CellPoint Inc. (NASD: CLPT; www.cellpt.com) is a US company with subsidiary operations in Sweden, Britain and South Africa delivering positioning and telematics services in co-operation with cellular operators worldwide. Several commercially available services are based on the CellPoint System@ technology that uses GSM cellular networks to determine physical locations of cellular phones and Internet applications to present results and manage location and wireless telematics services. CellPoint currently has the world's only end-to-end commercial service offerings for digital cellular location technology; it is fully scalable, works with standard GSM phones and WAP phones in unmodified digital networks, and can be co-ordinated worldwide from a remote central location. Unwire AB (www.unwire.com) a wholly owned subsidiary of CellPoint Inc., develops and manufactures telematics terminals and is considered to be a leading company in the world for innovative wireless telematics services. GSM accounts for more than 66% of the world digital cellular market with more than 285 million subscribers worldwide. Estimates for cellular phone usage are now at 1.5 billion users by 2005, with GSM accounting for two- thirds of the total market, and one billion mobile Internet users by 2005. For more information, please contact: CellPoint Inc.: www.cellpt.com; info@cellpt.com Unwire: +46 8 44 66 400; www.unwire.se North American Inquiries: The Rowe Group; 877-880-1195; ajc@rowe-group.com CellPoint and CellPoint Systems are trademarks of CellPoint Inc. Forward- looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities 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. Copyright © CellPoint Inc. 2000 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/08/20000508BIT00670/bit0001.doc http://www.bit.se/bitonline/2000/05/08/20000508BIT00670/bit0002.pdf