From Stockhouse.
Tried to post a link but it wouldn't co-operate.
"Did Infowave Just Win a Lottery?
Website: www.stockhouse.com/insider
E-mail: insider@stockhouse.com
*********************************************************
Wireless Knowledge and Infowave Partner to Provide Expanded Wireless Support
for Microsoft Outlook and Pocket Outlook
Can you imagine if the company with the largest market capitalization in
the world [Microsoft: MSFT] and one of the hottest NASDAQ companies
[Qualcomm: QCOM] asked Infowave [IWM.V] to become their PARTNER? That is
essentially what was announced today: the MSFT/QCOM joint venture known as
"Wireless Knowledge LLC" announced their partnership with Infowave Software.
If you're an IWM shareholder, you almost have to pinch yourself to make sure
you're not just dreaming.
If Microforum was invited to join one of Microsoft's councils and MCF ran
up to a new record - increasing by nearly 1000% during the month of April -
then imagine how Infowave Software shareholders must now feel. Microsoft
established the Wireless Knowledge joint venture with Qualcomm so that
Microsoft would actively and aggressively participate, if not lead, the
Wireless Revolution into the 21st century.
Experts have told us that the Wireless Internet is going to become the
biggest development - ever - for the Internet. Microsoft demands to be the
leader in this field. This brought about the partnership between MSFT and
Qualcomm. And whom did this partnership pick as their partner? Infowave
Software. You can feel the hand of Bill Gates on this one. He will not
surrender ground to the Europeans over the Wireless Internet. You can
imagine the credibility boost Infowave just got on this announcement?
Wireless Knowledge, and therefore Microsoft, are hyper-enthusiastic with
Infowave's technology, "This partnership is an important milestone and allows
us to leverage Infowave's proven enterprise-grade wireless technology to
expand the breadth of Revolv services available for mobile professionals."
said the CEO of Wireless Knowledge.
By incorporating Infowave's technology in the Wireless Knowledge's Revolv
service, Wireless Knowledge is "now able to provide mobile business users
with the most popular interface to Microsoft Exchange..."
Microsoft reports that Exchange has more than 25 million users and is
growing by more than 1 million new customers per month. Wireless Knowledge
now has the capacity to expand the appeal of its Revolv service to corporations
by including Infowave's wireless computing technology. Wireless Knowledge can
now broaden its appeal to Corporate America - those precious IT managers
whose decisions make or break a company's revenues.
If it sounds that Wireless Knowledge (WK) is the one significantly
benefiting from this arrangement, you hit the nail on the head. Without
IWM's technology, the plane can't properly get off the ground. So what does
IWM get out of this deal? Plenty.
Infowave receives the credibility of being Wireless Knowledge's key partner.
Because WK is the offspring of a parental union between Microsoft and
Qualcomm, IWM gets immediate access to one of the most formidable sales
channels ever created in the history of the world. IWM becomes blessed with
Instant Credibility. The Microsoft name is implicitly backing Infowave. The
Qualcomm name is now behind Infowave. (Imagine the reaction of Corporate
America to Infowave's product with those two household names permitting
Infowave to become WK's FIRST corporate partner.) Infowave will receive a
monthly per-user software license fee and benefits from cross-selling
opportunities to those valuable IT managers. WK's sales channels include
carriers, VARs and integration partners. The user interface for the Revolv
service offering will now include co-branding between Infowave and Wireless
and Infowave.
While the Insider Group believed the cash cow of the printer-enabling side
of IWM would continue to steadily grow over the next year or so, it would
someday be time for the Wireless Division to become the Super Star and
driving force of this little Vancouver-based company. We were led to believe
that day might not come until a year or more down the road. WRONG. That day
is today. Monday marks the beginning of a new era for Infowave. Today is a
day when anything is possible for Infowave. Read the news release, again.
Anyone short on IWM has probably passed out already.
This is not just a news release. This is a winning jackpot, a winning
lottery ticket, which opens many previously closed doors. Because this
announcement was made at the Wireless Data Forum in Monterrey, California,
with all the high technology press and many investment bankers in attendance,
the Insider Group forecasts an overwhelming expression of interest in
Infowave Software over the next 72 hours. The U.S. press, the European press,
the Asian press, Wall Street, London, Tokyo and throughout Scandinavia (Nokia
and Ericsson, especially), Infowave has come out of the dark and cold shadows
of Vancouver and into the bright spotlight of the world's technology and
financial press. Our exuberance over Monday's announcement should soon be
dwarfed by the widely anticipated coverage by the world's media. Count how
many times you see Infowave in Tuesday's headlines.
Outside of an outright acquisition of Infowave Software by Wireless
Knowledge LLC, this is the best news Infowave Software shareholders could
have gotten today. We thought New York's reception of Microforum, last week,
couldn't be topped. Well, it was just trumped.
If you think this WAS the big news, you may be wrong. The guru of
Wireless Internet, Andrew Seybold, predicted in an interview conducted two
months ago: (a) Wireless Knowledge would lead the Wireless Internet, (b)
Wireless Knowledge would be spun off as a NASDAQ IPO in the near future, and
(c) Infowave will eventually be bought out, by someone. Those are his opinions
and not those of the Insider Group.
What if Wireless Knowledge is to acquire Infowave Software's Wireless
Division, if not the entire company, at some point down the road? Now, what
if some competing company wanted to crush Microsoft's chances to advance
Wireless Knowledge? Oracle, for example, recently joined the Symbian Alliance.
That was the very same alliance that became instantly recognized when Bill
Gates named them as one of Microsoft's biggest business threats (to becoming
a leader in the Wireles Internet). Others in the Symbian joint venture include
Nokia, Ericsson, and Motorola.
-- Insider Group
--------------------------------------------------------------------------------
Insider Report Daily Updates can be seen at stockhouse.com
(c) 1999 The Insider Report and the Insider Group
ALL RIGHTS RESERVED.
The information presented in the Insider Report & E-mail Bulletins is not an offer to buy or sell securities referred to herein. The Insider Group is an indefinable group which distributes opinions to those who wish to read them. The Insider Group are not registered financial advisors. Because a stock is being featured in the Insider Report does not mean that members of the Insider Group are buying or selling the stock as well. Members, associates and friends of the Insider Report are free to act as they wish and may actually be buying or selling stock which is mentioned in the report. Since the Insider Group consists of thousands of contributors world-wide, the Insider Report cannot verify or guarantee that any or some of the contributors are not receiving compensation in any form for their contribution. This is a daily financial gossip column, strictly for information purposes. In no way does the Insider Report purport to make recommendations on any stock and do not pretend to be registered financial |
