To: Mika Kukkanen who wrote (3629 ) 8/24/1999 7:53:00 PM From: P2V Respond to of 5390
Hi, This may be a bit old, but I'd missed it before....aethertech.com OT ?? BTW According to more current (Aug 21, Red Herring) - Aether is planning an IPO .... redherring.com ERICSSON AND AETHER FORM STRATEGIC ALLIANCE TO DEVELOP WIRELESS DATA SOLUTIONS FOR FINANCIAL INVESTMENT COMMUNITY Owings Mills, MD, August 9, 1999 - Aether Technologies and Ericsson Wireless Internet Solutions, a new unit formed to develop and market wireless Internet solutions, today announced plans to co-market and develop wireless data services that address the changing requirements of the rapidly-growing online financial investment community. The agreement will combine Ericsson's marketing expertise as a global wireless device and equipment provider with Aether's focus on connecting enterprises to wireless networks. The agreement will allow Ericsson to deliver real-time wireless data solutions for a variety of platforms, including WAP-enabled smart phones and two-way pagers, by the end of the year. Ericsson and Aether will also begin jointly marketing wireless data services to the financial community, starting with Aether's "Reuters MarketClip" financial quote, alerts, news and information service, and eventually growing to include other services. In another key aspect of the alliance, Ericsson and Aether will jointly explore how new technologies for next-generation, high-speed wireless data networks will enable new innovative value added services. Faster data speeds promise to greatly enrich the types of information available on handheld computing devices - allowing for fast downloads of full-color Web-based charts and graphics, for example. "This agreement will expand our product and service offerings for the financial investment community," said David Oros, Aether Technologies president and CEO. "We look forward to working with Ericsson." "Our agreement with Aether reflects the initial phase of our long-term strategy to become the leading provider of wireless internet solutions," said Hans Davidsson, vice president and general manager, Ericsson Wireless Internet Solutions. "Aether's past success in providing wireless software and services will allow us to elevate our wireless data offerings as we proactively build the market for wireless data." About Aether Aether is a one-stop global provider of wireless software and services connecting people to the information they need, wherever and whenever they need it. Aether allows individuals to receive real-time data on handheld wireless devices, using virtually any kind of wireless data network. Aether's products include Reuters MarketClipTM, providing real-time financial market information, graphs, alerts and news stories, and TradeRunnersm from Discover Brokerage. TradeRunner provides Reuters MarketClip information plus the ability to trade equities, options and mutual funds. Aether's ability to deliver real-time, secure and reliable wireless solutions comes through proven expertise in wireless system engineering, software tools and services, wireless network operations, product fulfillment and customer support. For more information, visit the Aether Web site at www.aethertech.com. About Ericsson Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over. Please visit Ericssons Press Room at ericsson.se . Back To PRESS RELEASE