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Technology Stocks : CLYW - Calypso Wireless, Inc.

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From: plaintif20002/6/2006 1:21:07 AM
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Calypso Wireless to Demonstrate the Seamless Mobility Session Controller and the C1250i WiFi-GSM VoIP Cellular Phones at 3GSM World Congress 2006
Monday February 6, 12:37 am ET

MIAMI LAKES, Fla.--(BUSINESS WIRE)--Feb. 6, 2006--Calypso Wireless, Inc. (PINK SHEETS: CLYW - News), a leader in advanced wireless telecommunications technology announced today that Calypso will have a booth at the 3GSM World Congress 2006 trade show in Barcelona, Spain from February 13 to 16, 2006. Calypso will demonstrate the Calypso ASNAP(TM) Session Controller (ASC), the first Open Source Seamless Mobility solution that hits the market and the Calypso C1250i WiFi-GSM Dual Mode VoIP Smart cellular phone, which runs on Intel (NASDAQ: INTC - News) PXA series application processor and Microsoft (NASDAQ: MSFT - News) WinCE 5.0 operating system.
"Convergence between the cellular networks and WiFi coverage represents a very profitable opportunity for Calypso. We are excited to demonstrate the Calypso C1250i cellular phone and the ASNAP(TM) Session Controller (ASC) to global mobile carriers & ISP's at the 3GSM World Congress 2006 at our booth J57," says Alfredo Sarrazin, Vice President of Sales of Calypso Wireless Inc.

Calypso' ASNAP(TM) patented technology for which it was granted U.S. Patent #6,680,923 titled ``Communication system and method" (http://www.uspto.gov search U.S. patent number 6,680,923), which covers the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers (GSM/GPRS/EDGE, CDMA, WCMDA etc.) and short-range Internet access points (such as Wi-Fi, Bluetooth, etc.) is the solution to deliver seamless connectivity to mobile phones, PDA and mobile devices.

"With Calypso C1250i WiFi-GSM Dual Mode VoIP Smart cellular phone, mobile users will be able to seamlessly connect between cellular mobile GSM networks and WiFi networks and enjoy new added services such as broadband connectivity and wireless VoIP services and real time video-calling and will be able to save money on local or long distance call cost when connecting to any WiFi access point using Skype, the Global Internet Communications Company(TM) (NASDAQ: EBAY - News). We can present to our clients extraordinary savings when considering that the 35% to 40% of business cell phone minutes are in-building," also says Sarrazin.

For more information about the 3GSM World Congress 2006 please visit:

3gsmworldcongress.com

3gsmworldcongress.com action=Exhib/ExhibID=01081

About Calypso Wireless, Inc

Calypso Wireless is the company behind the ASNAP(tm) technology for which it was granted U.S. Patent #6,680,923 titled "Communication system and method" (http://www.uspto.gov search U.S. patent number 6,680,923), which covers the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers (GSM/GPRS/EDGE, CDMA, WCMDA etc.) and short-range Internet access points (such as Wi-Fi, Bluetooth, etc.).

Calypso's patented ASNAP(TM) technology will enable cellular phones to automatically detect any available Wireless Local Area Network (WLAN) and then seamlessly switch between the signals of a standard cellular link towers and an available short-range broadband network such as cable or DSL with Wi-Fi), accelerating wireless broadband deployment, thereby creating a platform for revenue sharing between the synergistic companies and increased revenues for them by delivering new added services. It could also provide significant savings to Mobile Carriers in additional frequency spectrum and infrastructure equipment by offloading capacity to the Wireless Local Area Networks (WLAN) and IP networks while providing additional sources of revenue. The integration of ASNAP(TM) technology will enable greatly enhanced services such as broadband connectivity, real time two way video conferencing, VoIP and network-based gaming applications via Calypso' cellular phones, PDA's (Personal Digital Assistance) or any mobile devise powered with the company's ASNAP(TM) technology. The patent has also given Calypso the rights to offer license agreements to major mobile and ISP carriers as well as to cellular phones manufacturer and OEM's. Calypso has also built upon its patented ASNAP(TM) technology to create a new technology that could provide 'the' solution that allows satellite radio signals from carriers such as Satellite Radio and Sirius Satellite Radio to be readily received by all types of mobile wireless devices, thus generating a new potential revenue stream for both the satellite radio companies and the companies supplying service to mobile phones and devices and the manufacturers and retailers of those devices, as well for the licensing of this technology by Calypso.

Calypso Wireless is a publicly traded company headquartered in Miami Lakes, FL. Its common stock trades under the ticker symbol CLYW. For more information about Calypso Wireless and its products and services, please visit the company's Web site at calypsowireless.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

This release is intended as a forward-looking statement within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to provide technology in the future, (ii) Unexpected changes in the technology market, (iii) The success of the Company's expansion and sales and marketing strategies (iv) Competition within the Data Synchronization market (v) The ability of the Company to continue to finance its long-term strategy and expansion (vi) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs.

Contact:
Calypso Wireless Inc.
Alice Arguello, 305-828-1483
info@calypsowireless.com
calypsowireless.com

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Source: Calypso Wireless, Inc.
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