News out this morning: newswire.ca
Attention Business Editors:
Glenayre and Infowave announce strategic development agreement
Installed base of 50 million pagers will gain wireless access to Microsoft Exchange information
CHARLOTTE, N.C. and BURNABY, B.C., June 1 /CNW/ - Glenayre Technologies Inc. (Nasdaq: GEMS) and Infowave Software Inc. (VSE: IWM) announced today that they have entered into a strategic development agreement to enable wireless access for Microsoft(R) Exchange users. Under the agreement, the companies will work together to develop and market low-cost desktop software that allows wireless, mobile access to Exchange data, such as e-mail, calendars, contacts and task lists, through Glenayre's Internet gateways. Combined with Glenayre's messaging systems, Infowave's software will work with a wide range of existing wireless devices, including 1-way pagers, 1.5-way pagers, 2-way pagers, and PCS or GSM phones. Terms of the deal were not disclosed, but the companies indicated that Glenayre will distribute the software through its global wireless messaging carrier customers. Stan Ciepcielinski, chief operating officer of Glenayre, stated, ''Wireless Internet messaging offers tremendous growth potential over the next few years. The Infowave agreement reflects our dedication to developing and providing efficient and economical Internet access using two-way messaging technology.'' ''Our agreement with the world's leading messaging infrastructure provider represents another important endorsement for Infowave's wireless computing technology and important added value for messaging subscribers worldwide,'' says Bijan Sanii, Infowave's chief operating officer. ''Infowave and Glenayre will collaborate to add significant new functionality to the huge market of mobile users. Using Glenayre technology and Infowave software, subscribers will be more connected than ever with real-time access to their important Microsoft Exchange data.'' ''The real power of this solution is that it works with subscribers' existing devices and service contracts,'' stated Lee Ellison, senior vice president of personal data networks at Glenayre. ''With Infowave's software, subscribers won't need another device or a new service provider. The software allows subscribers to be wirelessly connected to their Microsoft Exchange information within minutes.''
About Glenayre
For over 30 years, Glenayre Technologies Inc. has been developing leading edge personal communication systems. Supplying products for both one-way and two-way paging networks, Glenayre also offers the industry's premiere migration solution from one-way systems to two-way functionality. With approximately 2,200 employees and with products installed in over 100 countries, Glenayre's net sales exceeded $399 million in 1998. Additional information about the company is available at glenayre.com.
About Infowave
Infowave is a world-class software developer. The company was founded in 1984, and its headquarters are located in Vancouver, Canada. Infowave's Imaging Division builds award-winning printing solutions. Infowave's PowerPrint(R) and StyleScript(R) software kits provide Apple(R) Macintosh(R) users with improved print quality and access to more than 1,600 printers. Infowave's Wireless Division builds mobile business solutions that use the power of wireless communications to extend the reach of enterprise computing. Infowave for Exchange and Infowave for the Net are the most advanced and secure wireless solutions for connecting mobile workers to key corporate information and applications.
Infowave, the Infowave logo, PowerPrint and StyleScript are trademarks of Infowave Software, Inc. Microsoft is a registered trademark of Microsoft Corporation
-30- For further information: Robert Brown, Glenayre (604) 293-4339, robert.brown@glenayre.com; or Todd Carter, Infowave, (800) 463-6928, ir@infowave.com; or The Investor Relations Group, (604) 689-5255 |