NEWS: Thursday February 3, 10:11 am Eastern Time
Company Press Release
SOURCE: Zi Corporation
Zi demonstrates product reach with ISDN phone integration
CALGARY, Feb. 3 /CNW/ - Zi Corporation (NASDAQ: ZICA - news; TSE: ZIC - news) today announced it has licensed its intuitive embedded
language software, eZiText(TM), to Telecom Technology Centre, Co. Ltd. (TTC). The agreement allows TTC to use eZiText(TM) to input
Chinese and English on their ISDN phone. ISDN is a high-speed, fully digital telephone service that can dramatically increase the speed of
information transfer over the Internet or over a remote LAN connection.
``The implementation on an ISDN phone demonstrates the broad range of application for Zi's technology and opens up our business into the
ISDN industry,' says Tomson Lee, marketing director for Zi Corporation.
``We anticipate rapid growth of the ISDN market in China, driven by attractive pricing and incentives for subscribers,' says K.Y. Leung, senior
project manager at Telecom Technology Centre. ``With the integration of eZiText(TM) into our proven design solutions, we are in an excellent
position to offer user-friendly ISDN phones to the Chinese population.'
TTC is an ISDN platform reference design provider selling to a number of original equipment manufacturers in China. TTC expects their
customers to begin production of the ISDN phone this year. TTC is based in Hong Kong and funded by the government of the Hong Kong
Special Administrative Region. TTC's mission is to provide electronics design solutions for telecom products to its customers in Hong Kong
and the People's Republic of China.
Zi Corporation is a leading provider of embedded software technology and educational products. The company's eZiText(TM) input software
is licensed in numerous languages for information and Internet appliances such as mobile phones, PDAs and TV set-top boxes. Zi's common
shares trade on both the Toronto Stock Exchange (ZIC) and the NASDAQ stock market (ZICA). Zi markets its technology through strategic
partnerships worldwide from offices in Calgary, Beijing, Hong Kong, Stockholm and San Francisco.
Certain statements in this press release constitute ``forward-looking statements' within the meaning of the Private Securities Litigation Reform
Act of 1995 including, without limitation, statements concerning the anticipated benefits to Zi Corporation of its agreement with the licensee
(the ``Licensee') described herein. The expected inclusion of Zi Input technology in products developed by the Licensee and potential revenue
therefrom involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of Zi Corporation to
be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such
factors include uncertainties in the ability to successfully collaborate with the Licensee; the ability of Zi Corporation to successfully design,
develop, and deliver any application that complies with the Licensee's specifications and is accepted by the Licensee; the ability of Zi
Corporation to successfully meet specific delivery dates set forth by the Licensee; the ability of Zi Corporation to successfully integrate and
maintain compatibility with the licensee's technology; possible failure to continue to be selected as the text input enabling technology by the
Licensee; the ability of the Licensee to successfully market and distribute any of its products incorporating Zi technology; economic
conditions in Asia; the risks of doing business in foreign countries including China; and the risks and uncertainties referred to in Zi
Corporation's Form 20-F for the most recent calendar year end as filed with the U.S. Securities and Exchange Commission. There can be no
assurance that Zi Corporation will achieve commercial success through the agreement described herein.
SOURCE: Zi Corporation |
