Stock has now backed off a stong open that went to top tick of 2 1/8...presently at 1 11/16 on heavy vol of 95,000...this release, which bodes well for Solopoint, caused the activity earlier this am:
(PR Wires) DJ: SoloPoint(R) Mobile Phone Companion Products to be Sold
DJ: SoloPoint(R) Mobile Phone Companion Products to be Sold Through QUALCOMM's
New Internet Web Store
LOS GATOS, Calif., March 19 /PRNewswire/ -- SoloPoint, Inc. (Nasdaq: SLPT),
a provider of advanced personal call management products, announced today
that QUALCOMM Incorporated (Nasdaq: QCOM) has begun selling SoloPoint's
M-200 Mobile Phone Companion product through the Company's new e-commerce
QUALCOMM Web Store at qualcomm.com.
Introduced in the summer of 1998, the M-200 Mobile Phone Companion is
targeted to mobile and virtual office workers who need to be accessible but
are often mobile, moving about throughout the day. The M-200 is a small
telephone accessory, about the size of a paperback book, that transparently
connects your home or office phone number to your wireless phone with a
unique feature called "remote call screening." When the M-200 detects an
incoming call on the home or office line, it places an outgoing call to the
user's wireless phone which will ring simultaneously with the office phone.
As a caller begins leaving a voice message, the user can listen in
undetected on their wireless phone, deciding whether to take the call and
speak with the caller or to allow the caller to simply finish leaving their
message, completely unaware the call was being screened. The M-200 will
inter-operate with a variety of messaging systems including telephone
company Voice Mail, the Voice Mail associated with the user's wireless
phone, a corporate Voice Mail system or an answering machine. An added
safety and convenience feature of the M-200 makes it possible for the user
to return a caller back to Voice Mail after conversing with them so that
they can leave additional information, such as directions or a mailing
address -- information that might be either unsafe or inconvenient for the
user to attempt to write down while driving or walking.
"QUALCOMM is a recognized leader in marketing wireless technology and their
new e-commerce site provides an exciting new channel for the M-200," said
Arthur Chang, president and CEO of SoloPoint. "This reinforces our recent
announcement of our own SoloPoint e-commerce web store."
About SoloPoint
SoloPoint, Inc. is a developer of telephony products for consumer, small
business and mobile professionals. For more information on SoloPoint and
its products, visit the company's web site at solopoint.com.
SoloPoint is a registered trademark of SoloPoint, Inc., Los Gatos, CA.
SoloPoint corporate headquarters are located at 130-B Knowles Drive, Los
Gatos, CA., 95032, 408-364-8850; fax 408-364-1724; e-mail
info@SoloPoint.com.
This press release contains forward-looking information. Actual results
could differ materially from anticipated results due to the ability of
SoloPoint and QUALCOMM to successfully market the M-200 through the QUALCOMM
Store. SoloPoint is a registered trademark of SoloPoint, Inc., Los Gatos,
CA.
/CONTACT: Don Nanneman of SoloPoint, Inc., 408-364-8859, or
DNanneman@SoloPoint.com/
08:00 EST
*** end of story *** |
