Plano Independent School District to trial MSU Version 5 Internet Access Devices DALLAS, Aug. 15 /PRNewswire/ - MSU Devices Inc. (a publicly traded company incorporated in Delaware - ticker symbol: MUCP.OB) announced today an agreement with the Plano Texas Independent School District in which PISD will field trial the new MSU V/5 Internet Access Device. Plano ISD, a Dallas suburb, is one of the most advanced school districts in the United States. The District has 59 schools and over 47,000 students. Jim Hirsch, Plano's Assistant Superintendent for Technology Services, was recently named one of the 30 most powerful people in the field of educational technology by eSchool News'. On the subject of the pending MSU V/5 trial Mr. Hirsch said, ``We have developed a digital user interface which allows the District's computer network to deliver personalized desktops to any student and staff member on any computer in the District. We are now going to test a system that will allow students to access those desktops from home. With the MSU V/5 students who have broadband capability at home will be able to connect at high speed or have the option to use the 56kb dial-up capability of the device.'' Mr. Hirsch continued, ``One of our challenges has been to figure out how to get technology into the homes of all of our students. Having a device such as the MSU V/5 priced below $200, we believe we can achieve this goal.'' Ray Dittrich, MSU's Vice President of Sales commented on the importance of the educational market to MSU, ``The MSU V/5 offers the power and capability a school needs to provide technology to more students and staff. For the delivery of Internet-based curriculum, interactive practice standardized tests, and general communications between students, parents, teachers, and administrators, the V/5 is the perfect fit.'' About MSU Devices Inc. MSU Devices Inc. designs, manufactures, markets and sells affordable and intuitive Internet access devices that enable end-users to communicate simply and easily using e-mail and by browsing the World Wide Web via the Internet. The Company expects to launch in the fourth calendar quarter of 2001, its new Internet access device, the MSU/Version 5 (``MSU V/5''). The MSU V/5 will sell in volume for less than $200. MSU's subsidiary, Web2U Limited, Milton Keys, UK was formed in 1991 and has designed Internet access devices distributed in six countries. The forth-coming MSU V/5 Internet access device can output World Wide Web data and e-mail to a TV, computer monitor and flat panel LCD. With Java virtual machine support for displaying Java applets found on World Wide Web sites, the MSU V/5 can also be programmed using Java programming tools. The Company anticipates that the MSU V/5 will be powered by National Semiconductor's Geode microprocessor and the Windows CE 3.0 operating system. The MSU V/5 is being designed to feature a full range of software and connectivity options and will come fully featured to be used as an Internet access device or a thin client. All names referred to herein are trademarks and/or registered trademarks of their respective owners. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. These risks and uncertainties include, without limitation, our history of significant operating losses which together with an inability to raise capital could impact on our ability to continue as a going concern, our limited sales history, the acceptance of our product by consumers, dependence on third parties for the manufacture of our product, rapid technological change, the pressures of a competitive industry and other risks set forth in the Company's filings with the SEC.
SOURCE: MSU Devices Inc.
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