All the pieces are coming together here...this today:
(COMTEX) B: IRWIN GROSS JOINS U.S. WIRELESS BOARD OF DIRECTORS
B: IRWIN GROSS JOINS U.S. WIRELESS BOARD OF DIRECTORS
SAN RAMON, Calif., April 16 /PRNewswire/ -- U.S. Wireless Corporation
(Nasdaq: USWC) today announced the appointment of Irwin Gross to its
Board of Directors, effective April 5, 1999. Mr. Gross brings over 30
years experience in founding, managing and investing in
telecommunications and high technology industries. He is currently
President and CEO of Interactive Flight Technologies, Inc. (Nasdaq:
FLYT), a provider of computer based in-flight entertainment systems.
He is also the owner of Ocean Castle Investments, LLC, a financial
services firm specializing in investments in the telecommunications,
information technology, biotechnology and manufacturing industries.
"Irv's extensive business expertise will prove invaluable as we
establish our presence as a leader in wireless location systems," said
Dr. Oliver Hilsenrath, President and CEO of U.S. Wireless. "We are
genuinely pleased to have Irv join our Board and look forward to his
many contributions in the years ahead."
Mr. Gross was a founder of International Mobile Machines, now
InterDigital Communications Corporation, a pioneer of the wireless
technology standard, Time Division Multiple Access (TDMA). He was a
founding shareholder of Powerspectrum Technologies, Ltd., a developer
of innovative digital spread spectrum radio technologies. Gross was
also a founder and Chairman of ICC Technologies, a manufacturer of
desiccant-based, active humidity control, air comfort systems. ICC
subsequently sold its primary business to its joint venture partner,
Engelhard Corporation, and reinvested the proceeds in Rare Medium
Group, Inc., a provider of Internet and e-commerce business solutions.
Mr. Gross received his Bachelor of Science in Accounting from Temple
University and his Juris Doctorate from Villanova University. He is a
member of the national Board of Directors for the American Technion
Society (The Israeli Institute of Technology) and a recipient of the
Kjakan Award for "entrepreneurial spirit" from Westergaard Publishing.
In 1998, Mr. Gross was the commencement speaker for the Temple
University Graduate School of Business.
U.S. Wireless Corporation ( uswcorp.com ) is a leading
developer and provider of high-performance network-based location
systems that enable wireless carriers and others to provide value-added
services including wireless Enhanced 911, live navigation assistance,
enhanced directory assistance, asset and vehicle tracking and network
management services. The Company's premier product, the
RadioCamera(TM) System, pinpoints the location of a mobile telephone
subscriber within a wireless network using "Location Fingerprinting," a
proprietary technology developed by U.S. Wireless. The RadioCamera(TM)
does not require direct line of sight to multiple base stations to
identify locations, making it highly effective in dense urban
environments. It integrates easily into the existing network
infrastructure and requires no modifications to the base station or
subscriber handsets.
NOTE: RadioCamera(TM) and the U.S. Wireless logo are trademarks
of U.S. Wireless Corporation.
Special Note Regarding Forward-Looking Statements: A number of
statements contained in this press release, which are not historical in
nature, are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, that involve risks
and uncertainties that could cause actual results to differ materially
from those expressed or implied in the applicable statements. A
description of these and other risks and uncertainties can be found in
the companies' filings with the Securities and Exchange Commission.
SOURCE U.S. Wireless Corporation
-0- 04/16/99 /CONTACT: Randy Miller, Vice
President, Financial & Media Relations, 201-476-0123, or fax,
201-476-0888, or Randy@uswcorp.com, or Paul Brunato, Director,
Corporate Communications, 925-327-6236, or fax, 925-830-8821, or
Paul@uswcorp.com, both of U.S. Wireless Corporation/
/Web site: uswcorp.com (USWC FLYT)
CO: U.S. Wireless Corporation ST: California IN: TLS SU: PER
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