Newhomesdirect.co.uk to trial MSU/WEB2U Version 5 Internet Access Devices.
DALLAS, TX, Aug. 15 /PRNewswire/ - MSU Devices Inc. (a publicly traded
company incorporated in Delaware -- ticker symbol: MUCP.OB) announced today an
agreement between their wholly owned UK subsidiary WEB-2U and Newhomesdirect.co.uk (NHD) in which NHD will field trial the new MSU V/5
Internet Access Device.
NHD specializes in offering the new homes market three independent but
related services, each of which can be tailored to the purchaser, builder or
developer's specific needs. These are: a Sales Agency, an Online Marketing Interactive Website featuring a show-home gallery, and Hometech. Hometech
offers builders and developers the latest in home technology.
Through Hometech builders can offer technology-based lifestyle
enhancements in their new properties. Hometech's ``Premier Pack'' includes high-
speed Internet access, entertainment systems, programmable security systems,
remote control of appliances, and much more.
Douglas MacKenzie CEO of NHD said, ``We believe that consumers now demand
properties fitted with home technology that can be personalized to their own
lifestyles and tastes. They require a basic platform to work from, within
which Internet access plays a central role. NHD provides the cable and patch
panels today, and the V/5 product is a perfect compliment to our product
offering.''
In NHD's pending field trial in Scotland, the MSU V/5 device will be
displayed in a brand new showroom for developers as well as in show homes on
new housing estates. ``The fact that the device can connect at high speed or have the option to use the 56kb dial-up capability will ensure its suitability
for a large variety of locations'', added Mr. MacKenzie. ``One of our challenges
has been to figure out how to integrate Internet technology into our new
homes. With a price below $200, the MSU V/5 is a superlative solution.''
Charles Williams, Sales & Marketing Manager of WEB-2U continued, ``For the
delivery of Internet access, streaming audio/video and email to the new homes
market, the V/5 is a great fit. The MSU V/5 product is perfect in size, non-
intrusive in appearance, offers flexibility of viewing options, and is priced
right for this market.'' www.newhomesdirect.co.uk
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. |
