U.S. Wireless Data To Offer Cingular Wireless Data Service
NEW YORK--(BUSINESS WIRE)--March 26, 2002--U.S. Wireless Data (USWD) (OTC: USWE) announced today that it has signed an agreement with Cingular Wireless under which USWD will offer Cingular's nationwide Mobitex wireless packet data network as part of its Synapse(SM) wireless service for credit, debit and EBT transactions, as well as ATM transactions and data telemetry applications.
"This agreement expands the choices available to our sales channels and their merchant customers who rely on Synapse to process a myriad of transactions without the need to be connected to a phone line," said Dean M. Leavitt, Chairman and CEO of U.S. Wireless Data. "It also further strengthens our robust national coverage to serve vending machines, taxi cabs, ATMs, delivery services, and various other businesses that can benefit from wireless connectivity."
Cingular Wireless' nationwide Mobitex packet data network provides extensive and seamless coverage in 492 Metropolitan Statistical Areas (MSAs) and non-MSAs, high reliability, low latency and other key features. Smart Business Magazine selected Cingular's Mobitex network as an MVP Award Winner as the "Best of the Best" wireless data network in 2001 and 1999, and Network Computing cited the Cingular network as a Finalist for its 2001 "Well Connected Award."
Now, new U.S. Wireless Data customers using Cingular's data network will have the optional advantage of U.S. Wireless Data's online activation and management tools and reseller support call center.
This technology is opening many new opportunities for transaction-based applications, such as credit cards. Besides eliminating the wire, transactions are also faster because the service is "always on" - there is no dialing needed. Wireless connectivity can also be more cost-effective because the wireless data network allows small "packets" of information to be transmitted very efficiently. Synapse utilizes these advantages in delivering data transaction services to a growing variety of businesses. |
