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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.80+0.3%Dec 5 9:30 AM EST

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To: Ramsey Su who started this subject4/17/2001 1:13:53 PM
From: Cooters   of 196849
 
Leap Subsidiary Licenses Openwave's Mobile Access Gateway

--Looks like LWIN is getting ready to announce their data plans. They report earnings and host their annual meeting on Thursday.-- Cooters

REDWOOD CITY, Calif., April 17 /PRNewswire/ -- Openwave Systems Inc. (Nasdaq: OPWV), the worldwide leader of open IP-based communication infrastructure software and applications, today announced that Cricket Communications, Inc. a wholly-owned subsidiary of Leap Wireless International, Inc. (Nasdaq: LWIN), has licensed the Openwave(TM) Mobile Access Gateway (formerly known as the Openwave(TM) UP.Link Server(TM)). Targeting the mass consumer market, Leap plans to use the Mobile Access Gateway, a key component of the Openwave(TM) Services OS, to deliver intuitive, personalized wireless information services to its customers in markets across the country.

(Photo: newscom.com )

Components of the Openwave Services OS, the market leader for the mobile Internet, have been licensed by mobile operators who service more than 50 percent of the world's mobile subscribers, including four of the top five mobile operators in the United States. Openwave is committed to making the mobile Internet work for both carriers and their subscribers, regardless of the size, by determining the right solution mix to help them meet their needs.

Leap pioneered Cricket Comfortable Wireless service, which is an affordable alternative to traditional landline phone service that allows customers to make all their local calls from within their local calling areas and to receive incoming calls from anywhere for the same low, flat rate every month. Leap recently announced that its Cricket customers triplel during the fourth quarter of 2000 to reach more than 190,000.

"As Leap continues its growth, Openwave can enable Leap to seamlessly provide mobile Internet access, across all networks and generations of networks," said Mike Mulica, senior vice president of worldwide operations at Openwave. "We are delighted they have chosen Mobile Access Gateway to bring the intuitive, personalized wireless information services to the mass consumer market, as they expand to markets across America."

Leap owns or has rights to acquire licenses covering approximately one quarter of the U.S. population -- 72.3 million potential customers (1998 POPs) in 36 states.

"Leap is committed to providing simple, affordable and useful wireless services that appeal to a broad cross section of the population," said Doug Hutcheson, senior vice president of wireless data development at Leap. "We chose to work with Openwave based on its proven track record and market leadership."

Leap currently offers Cricket service in markets from Salt Lake City to Charlotte, N.C.

About Openwave

Openwave Systems Inc. is the worldwide leader of open IP-based communication infrastructure software and applications. Openwave is a global company headquartered in Redwood City, California. For more information, please visit www.openwave.com.

This release contains forward-looking statements relating to expectations, plans or prospects for Openwave Systems Inc. that are based upon the current expectations and beliefs of Openwave's management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: (a) the ability to make changes in business strategy, development plans and product offerings to respond to the needs of our current, new and potential customers, suppliers and strategic partners; (b) risks associated with the development and licensing of software generally, including potential delays in software development and technical difficulties that may be encountered in the development or use of the Company's software; (c) competition and technological changes and developments; and (d) general risks of the Internet and wireless and wireline telecommunications sectors.

For a detailed discussion of these and other cautionary statements, please refer to the risk factors discussed in filings with the U.S. Securities and Exchange Commission ("SEC"), including but not limited to Openwave's Quarterly Report on Form 10-Q for the quarter ended December 31, 2000, Phone.com's and Software.com's most recently filed Annual Reports on Form 10-K, and Phone.com's registration statement on Form S-4 as filed on October 10, 2000. All documents also are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Openwave's Web site at www.openwave.com. The Company assumes no obligation to update the forward-looking statements included in this document.

NOTE: Openwave, the Openwave logo and UP.Link are trademarks of Openwave Systems Inc. All other trademarks are the properties of their respective owners.

CONTACT: Rowan Benecke of PR21, 415-369-8102, or rowan-benecke@pr21.com, for Openwave Systems Inc.; or Chris Cartwright of Bite Communications Ltd., 44-20-8600-6729, or chrisc@bitecomm.co.uk, for Openwave (Europe) Limited.

SOURCE Openwave Systems Inc.

CO: Openwave Systems Inc.; Cricket Communications, Inc.; Leap Wireless International, Inc.

ST: California, Utah, North Carolina

IN: STW TLS

SU: LIC

04/17/2001 09:10 EDT prnewswire.com
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