SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric L who wrote (53664)3/17/2003 9:10:41 AM
From: JHP  Read Replies (1) of 54805
 
could this be a gorwilla?

Press Release Source: Insignia Solutions

Insignia Solutions to Demonstrate Over-The-Air Repair on GPRS and CDMA Phones at CTIA
Monday March 17, 6:30 am ET
Secure System Provisioning(TM) Technology Shown on Multiple Phones With Live Server Connections in Intel PCA Partner Booth

FREMONT, Calif.--(BUSINESS WIRE)--March 17, 2003-- Insignia Solutions® (Nasdaq:INSG - News) is demonstrating Insignia Secure System Provisioning(TM) (SSP) on several phones utilizing GPRS and CDMA networks at CTIA Wireless 2003, March 17-19 in New Orleans, LA. Appearing in the Intel PCA Developer booth #3866, Insignia is demonstrating the capability for Over-The-Air Repair(TM) of mobile terminals using its scalable and efficient end-to-end system using live GPRS and CDMA networks connected to its carrier-grade back-end server software. Insignia is also demonstrating how Secure System Provisioning works well on devices using Intel FLASH and Intel XScale CPUs, as well as Intel-based servers in the enterprise.
ADVERTISEMENT


The spiraling cost of phone recalls and associated customer care costs due to increasingly complex devices is driving the need for a complete offering that is designed to integrate seamlessly into the existing wireless infrastructure. Insignia Secure System Provisioning is the only Over-The-Air Repair system on the market that combines a ground up architecture for wireless networks with a massively scalable back-end server system and an open architecture that heavily leverages SyncML DM and other emerging standards. This enables mobile operators and device developers to deploy an efficient and secure technology that scales from one to hundreds of millions of subscribers and that fully leverages their existing infrastructure to provide maximum compatibility with diverse technologies and devices.

"As increasing complexity is packed into mobile handsets, solving the growing issue of phone recalls is crucial to mobile operators and handset manufacturers," commented Peter Bernard, chief product officer, Insignia Solutions. "Working with Intel, these demonstrations show how our Secure System Provisioning software provides Over-The-Air Repair through a open, standards-based system that is scalable, secure and delivers fast ROI by integrating closely into existing infrastructures."

Phone recalls and customer care costs due to software issues have already had a profound effect on a number of manufacturers and operators, with hundreds of millions of dollars spent fixing these issues through costly and timely recalls involving consumers mailing their phones or physically bringing them into service centers. In 2001 in Japan alone it was estimated that over 17% of feature phones required a software recall and software recalls are estimated to cost over $50 per phone when including all operator and manufacturer costs as well as churn and loss of airtime.

As data enabled phones become more complex and widespread in other geographies, the costs to the industry begin to spiral out of control. Insignia graphically demonstrates the effect of this increasing trend of recall and customer care costs with its interactive calculator at www.insignia.com/calc.

About Insignia Solutions

Insignia provides an essential ingredient to mobile operators and terminal manufacturers by enabling Over-The-Air Repair of a growing complex and diverse community of devices on the network. Insignia's products and services radically reduce customer care and recall costs, maintain device integrity, and enable a wide range of new mobile services. Founded in 1986, Insignia has a long history of innovation, stewardship of major industry standards, and the trust of dozens of manufacturers around the world. Insignia Solutions is traded on NASDAQ under the symbol INSG. The company is headquartered in Fremont, Calif., with R&D and European operations based in the United Kingdom. For additional information about Insignia or its products please visit insignia.com.

Forward-Looking Statements

The statements in this press release relating to matters that are not historical are forward-looking statements that involve risks and uncertainties. This news release includes forward-looking statements that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, the impact of conclusion or postponement of prospective licensing transactions; the impact of weakening economic conditions or perceived conditions on the level of spending by customers and prospective customers on Insignia Solutions' software and services; financial and other impacts of cost control measures; quarterly fluctuations in Insignia Solutions' revenues or other operating results; failure by Insignia Solutions to meet financial expectations of analysts and investors, including failure resulting from significant reductions in demand from earlier anticipated levels; risks that cash generated from operations and financing activities will be insufficient to satisfy Insignia Solutions' liquidity requirements; risk as related to market acceptance of Insignia Solutions' products; impact of long and lengthening sales and implementation cycles for Insignia Solutions' products; satisfaction levels of customers regarding the implementation and performance of Insignia Solutions' products; reliance by Insignia Solutions on a limited number of customers for a majority of revenue; Insignia Solutions' need to maintain and enhance business relationships with systems integrators, licensors and other parties; Insignia Solutions ability to attract and maintain qualified executives and other personnel and motivate employees; Insignia Solutions' use in its products of third-party software; activities by Insignia Solutions and others regarding protection of intellectual property; and release of competitive products and other actions by competitors. Further details on these risks are set forth in Insignia Solutions' filings with the Securities and Exchange Commission, including its most recent filings on Forms 10-K and 10-Q. These filings are available on a website maintained by the Securities and Exchange Commission at sec.gov. Forward-looking statements in this release are generally identified by words such as "expect," "anticipate," "will," "intend," "believe," "hope," "assume," "estimate," "plan," and other similar words and expressions. Insignia Solutions does not undertake an obligation to update forward-looking or other statements in this release.

Note to Editors: Insignia, Insignia Solutions, and the Insignia Solutions logo are registered trademarks and Secure System Provisioning, Over-The-Air Repair, are trademarks of Insignia Solutions, Inc. All other trademarks are the property of their respective holders.

--------------------------------------------------------------------------------
Contact:
FD Morgen-Walke
Teresa Thuruthiyil, 415/296-7383 (Investor Relations)
insignia@fdmw.com
or
Rainier Corporation
Candice Perodeau, 978/464-5302 x112 (Public Relations)
cperodeau@rainierco.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext