Friday November 2, 10:30 am Eastern Time
Press Release
SOURCE: MSU Devices Inc.
MSU Devices Announces Marketing Agreement with EarthLink
PLANO, Texas--(BUSINESS WIRE)--Nov. 2, 2001--MSU Devices Inc. (OTCBB:MUCP - news) announced today that it has entered into a marketing agreement with Atlanta-based EarthLink (NASDAQ: ELNK - news), one of the world's largest Internet service providers. Under the terms of the agreement, MSU Devices and EarthLink will work together to offer a low-cost solution for consumers and business users interested in accessing the Internet and sending and receiving email. MSU Devices will offer EarthLink's Internet access services on all shipments of its V5 product in the United States and Canada. Optimizing their relative marketing strengths and synergies, both companies also will work together to explore and pursue new channels of sales for the V5.
Mr. Don Norris, Director of OEM Sales for EarthLink, said, ``With EarthLink's relentless focus on providing the best Internet experience possible through a variety of devices and access platforms, the addition of our award-winning service on MSU Devices' new V5 product will provide an attractive offering for both consumers and business users. The V5 has the capability of performing basic applications like word processing and spreadsheets, and it can be programmed to run specific business applications. When combined with EarthLink's ease of use and less commercialized Internet experience, the V5 is a powerful offering that we believe will appeal to a variety of end users.''
``The value of a marketing agreement with EarthLink is tremendous to us,'' said Ray Dittrich, Vice President of Sales & Market Development for MSU. Mr. Dittrich went on to say, ``EarthLink offers both dial-up and high-speed services to a significant customer base. They have analyzed MSU Devices' V5 product platform and they recognize its attractiveness. With thousands of POPs (points of presence) in North America, they are an ideal service provider for MSU to partner with. I look forward to this being a long and mutually profitable relationship.''
About EarthLink
The No.1 Provider of the Real Internet(TM), EarthLink brings the magic of the Internet to approximately 4.8 million subscribers every day. Headquartered in Atlanta, EarthLink provides a full range of innovative access, hosting and e-commerce solutions to thousands of communities over a nationwide network of dial-up points of presence, and broadband and wireless technologies. EarthLink is committed to doing an exceptional job of pleasing its subscribers, shareholders and the community by following the company's Core Values and Beliefs [http://www.earthlink.net/about/ourvalues/cvb/index.html]. Information about EarthLink services is available by calling 800-395-8425 and through EarthLink's Web site at www.earthlink.net.
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. MSU Devices launched in the fourth calendar quarter of 2001, its new Internet access device, the MSU Devices V5. MSU Devices has designed and sold Internet access devices distributed in six countries.
The MSU Devices V5 can output WWW data and e-mail to a TV, computer monitor and flat panel LCD. With Java virtual machine support for displaying Java applets found on WWW sites, the MSU Devices V5 can also be programmed using Java programming tools. The MSU Devices V5 is powered by National Semiconductor's Geode GX1 processor and the WindowsCE operating system. The MSU Devices V5 was designed to feature a full range of software and connectivity options and comes fully featured to be used as a set-top box, an Internet appliance and network computer (thin client).
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.
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Contact:
MSU Devices Inc., Plano
Bruce Walter, 972/473-6916
dbwalter@msucorp.com |
