SOURCE: Zi Corporation
Korea's leading mobile Internet company to embed Zi technology CALGARY, June 27 /CNW/ - Zi Corporation (Nasdaq: ZICA - news; TSE: ZIC - news) has licensed its predictive software, eZiText(TM), to Korean communications giant, LG (formerly GoldStar) Information & Communications Ltd. (LGIC) following a competitive bid process. LGIC is known for its work on several communication platforms including the development and commercialization of the CDMA system, the commercialization of PCS and its research on W-CDMA. The license allows LGIC to embed eZiText(TM) in any cellular phone product they manufacture. Zi will assist LGIC's market expansion plans by providing eZiText(TM) in 24 languages including Korean, Traditional and Simplified Chinese, English, French and German. Zi currently supports 24 languages on a variety of platforms. eZiText(TM) will initially be implemented in LGIC's GSM phones, which are destined for European and Chinese markets.
``As the only true third generation input technology, Zi is defining the software standard for language interface in mobile communications,'' says Gary Kovacs, senior vice president, Marketing and Sales, Zi Corporation. ``We are pleased to be providing this capability to LGIC to help them with their market expansion plans.''
LGIC currently leads the mobile Internet market in Korea. Their CYON handset brand is used to access the Internet by 59 percent of all users in the domestic mobile Internet market. LGIC is preparing to move aggressively into the international mobile Internet market.
LGIC is at the forefront of wireless data and multi-media technology. Since its establishment in 1979, LGIC has been an integrated information and communication company which supplies exchange systems, transmission devices and terminals. Products being manufactured by the company are currently being exported to more than 40 countries throughout the world. LGIC solidified their position in the communications industry when it successfully developed and commercialized the CDMA digital cellular system. In 1999, LGIC posted sales of US $2.7 billion. LGIC is a part of the LG group, Korea's fourth largest business group. LG consists of 55 sister companies and is valued at US $72 billion. |