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Technology Stocks : Openwave Systems (formerly Phone.com & Software.com) (OPWV)

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To: Rock_nj who wrote (161)6/29/2003 11:32:36 PM
From: FR1  Read Replies (1) of 184
 
It looks like OPWV is riding on the coattails of RNWN on the latest big news (RNWK adopted by VOD)

REALNETWORKS AND OPENWAVE ANNOUNCE INTEGRATION OF REALONE MOBILE PLAYER FOR OPENWAVE PHONE TOOLS V7Openwave Licenses Helix DNA Client to Provide Support for 3GPP, 3GPP2, RealAudio and RealVideo formats on Mobile Phones CTIA and REDWOOD CITY, Calif. - March 17, 2003 -- RealNetworks®, Inc. (Nasdaq: RNWK), the global leader in Internet media delivery, and Openwave Systems Inc. (Nasdaq: OPWV), the leading independent provider of open software products and services for the mobile communications industry, today announced an agreement to integrate RealOne™ Mobile Player with Openwave® Phone Tools Version 7.0 (V7). Now, handset manufacturers and wireless operators will be able to easily integrate a full multimedia client software solution into their phone and service platforms and be assured that both 3GPP standards and the popular RealAudio® and RealVideo® formats will be supported. Openwave has also joined the Helix™ Community and licensed the Helix DNA™ Client source code, which is the core of the RealOne Mobile Player. "With the Openwave Mobile Browser in more than 350 million handsets from 45 manufacturers, Openwave is playing a significant role in shaping the consumer experience on mobile handsets," said Ian Freed, vice president, Mobile Products and Services, RealNetworks, Inc. "By adding the RealOne Mobile Player to Phone Tools V7, Openwave and RealNetworks are offering mobile operators the ability to deploy compelling, revenue-generating audio and video services to consumers over 2.5G and 3G networks." "RealNetworks' understanding of the online media market - both in delivery and creating content services - has made them a leader in this industry," said Thomas Reardon, vice president and general manager, Openwave. "By providing RealOne Mobile Player as a standard, tightly integrated component of Phone Tools V7, handset manufacturers can easily offer consumers and carriers a high quality audio/video experience. " The RealOne Mobile Player will be offered as a standard module for Openwave Phone Tools V7 and is expected to be available within the year. The integration between RealNetworks RealOne Mobile Player and Openwave Phone Tools V7 and will enable consumers to access media on the go. By supporting both standard and popular Internet media types, RealOne Mobile Player, based on Helix DNA Client, provides carriers and manufacturers with mobile media solutions incorporating access to today's content while ensuring devices are ready for tomorrow. More than a browser, Openwave Phone Tools Version 7.0 gives operators and manufacturers a new kind of phone power to create differentiated services that work together to increase mobile data usage. The product line includes three key client applications: the market's leading WAP 2.0 browser, a new integrated messaging client, and a fully integrated download and content manager which, with the RealOne Mobile Player module installed, can now store video and audio content like MP3s. By providing tight integration with RealNetworks' RealOne Mobile Player, Phone Tools V7 will open up RealAudio, RealVideo, and 3GPP audio and video content to mobile consumers. Additionally, the V7 architecture emphasizes best-of-breed customization, giving operators and manufacturers control over the user interface as well as the ability to create a consistent branded experience across the entire handset. V7 brings the excitement of high-end handset functionality and the power of operator and manufacturer marketing to the mass-market feature phone.
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