Neopoint- NEOI filed S-1 today: Company Description
NeoPoint is a leading provider of advanced SmartPhones and intelligent mobile portal services for users of wireless devices. Our SmartPhones integrate high-quality voice capabilities with e-mail, Internet access and personal digital assistant, or PDA, functionality into a single wireless device. Our myAladdin.com SmartService is a wireless Internet portal designed to provide intelligent information and customized content on a non-branded basis to wireless carriers and other consumer-oriented businesses. Our SmartPhones are among the first products to capitalize on the convergence of wireless voice and data applications. We design our SmartPhones, together with our myAladdin.com SmartService, to enable our customers to offer compelling services that create additional revenue opportunities and build brand recognition. We believe that our products and services allow our customers to attract and retain subscribers and differentiate themselves from their competitors. Greater sophistication among subscribers has led to increased awareness of alternative price and service offerings. As a result, subscribers have an increasing tendency to switch from one wireless carrier to another in search of new products and better or less expensive services. To meet these challenges, wireless carriers are seeking new product and service offerings to attract and retain subscribers as well as differentiate themselves from their competitors. Due to a broad combination of factors, including the growth of the Internet and the mobile wireless communication industry, a convergence of mobile voice and data applications has begun. The emergence of multi-purpose wireless devices, combined with the expansion of carrier networks' data capabilities and the development of Wireless Application Protocol, or WAP, has led to a large market opportunity to provide Internet-based products and services that are interoperable. In the past, wireless devices focused on meeting a primary need of users, such as PDA functionality, e-mail and two-way paging capabilities, or voice applications. We believe voice capability will continue to drive demand for wireless devices. In addition, the large and growing installed base of mobile phones provides a large market of consumers accustomed to upgrading their mobile phones as technology improves. Accordingly, we believe that the mobile phone is the most compelling platform for delivering advanced wireless data functionalities. OUR SOLUTION SmartPhones. We believe that our SmartPhones are the first commercial products to integrate Internet access, PDA functionality and data transmission capability into a traditional wireless handset without sacrificing ease-of-use, convenience, appearance, functionality or cost. Our SmartPhones: . provide high-quality digital wireless voice capabilities; . offer a wide range of data capabilities, such as Internet browser and e-mail applications; . incorporate PDA functionalities, including contact information, task list and appointment calendar and personal computer synchronization; . dial or perform other functions using voice commands; and . feature an 11 line x 24 character display that is significantly larger than a traditional cellular telephone display. myAladdin.com SmartService. We believe that our myAladdin.com SmartService is the first wireless Internet portal that has the intelligence necessary to allow wireless carriers and other consumer-oriented businesses to provide compelling, convenient and useful services to their customers. We intend to deliver personalized, localized and timely content that improves upon customer personalization services currently in use. We begin with customer- indicated preferences, which allow individuals to identify those services they want to receive and when they want to receive them. We then add location intelligence that uses global positioning system, or GPS, or other location technologies to provide information and services based on the user's current location. Most importantly, we use intelligent personalization, which is an accumulation of the end user's request patterns learned over a period of time, resulting in real-time customization of information and services. Because this learned personalization increases over time and cannot be easily recreated, we believe that our myAladdin.com SmartService will make the consumer less likely to change service providers. Our myAladdin.com SmartService will be offered to wireless carriers and other consumer-oriented businesses, such as banks and brokerage firms. We intend to provide both content and enabling technology that will allow our customers to deploy branded and customized content and applications over the Internet to their customers with wireless capabilities. We believe that wireless carriers and other consumer-oriented businesses are searching for the type of customer "stickiness" that our myAladdin.com SmartService can create. Our strategy is to become a leading supplier of SmartPhones to wireless carriers and other customers worldwide. We also intend to develop and expand our myAladdin.com SmartService for sale to wireless carriers and other consumer-oriented businesses for use as part of their own wireless Internet portal strategies. Key elements of this strategy include accelerating innovations related to our SmartPhones, expanding and enhancing our myAladdin.com SmartService, developing and leveraging the NeoPoint brand and extending our strategic alliances and relationships. CORPORATE INFORMATION We were incorporated in California in June 1997 and will be reincorporated in Delaware prior to the consummation of this offering. |