Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Scandinavia Telecom Companies -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Jens Tingleff who wrote (17)	3/3/2000 5:24:00 AM
From: Puck	Read Replies (1) \| Respond to of 23

Friday March 3, 5:00 am Eastern Time Company Press Release CellPoint and Tele2 Pioneer WAP Positioning Services in Association with Nokia STOCKHOLM--(BUSINESS WIRE)--March 3, 2000--CellPoint (NASD: CLPT; www.cellpt.com) has launched a pioneering WAP positioning service today in the Tele2 (Nasdaq: NECS - news) network in Sweden in association with Nokia (NYSE: NOK; www.nokia.com). ``The mobile user can now access T2 Position over WAP, something that improves the services even more,' says Camilla Bulow of Tele2. T2 Position is used to manage resources more effectively, keeping track of personnel and assets in service organizations, courier companies, security companies, etc. ``Nokia is happy to be the first company that can offer a WAP-compatible mobile phone for this location-based service,' said Johan Sjoquist, Business Development Manager, Nokia Mobile Phones, Scandinavia. ``All of CellPoint's location services will be available over WAP and will work with the Nokia 7110, Nokia 6210, Nokia 6250, Nokia 9110i and any other WAP compliant phone,' said Hadar Cars, President of CellPoint Systems. T2 Position, a commercial service offering, allows companies to find where their mobile resources are using an unmodified GSM network and the CellPoint System. ``Now, with the Nokia 7110, our T2 Position services can be viewed and used from mobile WAP phones in addition to the fixed Internet interface we already offer today,' said Bulow. ``This gives our customers maximum flexibility to manage and assign their mobile resources - whether they are in the office or out on the road themselves.' Tele2Mobil Position is a commercial location-based service that enables transport, security, service and sales organizations to be more efficient and to increase customer satisfaction by routing their vehicles and mobile personnel more effectively. The CellPoint technology enables Tele2 to offer location-based services using their existing network. ``By not having to make any major investments, we can offer this service at a low cost,' said Lars-Johan Jarnheimer, President of Tele2. CellPoint's world first commercial location services can be implemented with no modifications to the cellular network and work with standard GSM phones and WAP phones. CellPoint is a member of the WAP Forum and is driving the location-based standardization within the newly established location drafting committee of the WAP Forum. WAP (Wireless Application Protocol) is an open, global specification that gives mobile users with wireless devices rapid and efficient access to the Internet type of content. The WAP Forum (www.wapforum.com) is the industry association comprising over 250 members that has developed the de-facto world standard for wireless information and telephony services on digital mobile phones and other wireless devices. NetCom (Nasdaq: NECS - news), formed in 1993, is a leading telecommunications company in Scandinavia. It is engaged in the GSM cellular business operating using the brand names of Comviq and Tele2Mobil in Sweden and through subsidiary Ritabell (Q GSM) in Estonia. Nokia (NYSE: NOK - news) is paving the way to the mobile information society with its innovative products and solutions. The company is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks, related services as well as multimedia terminals. In 1999, Nokia's net sales totaled EUR 19.8 billion (USD 19.9 billion). Headquartered in Finland, Nokia is listed on the New York, Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 55,000 people. CellPoint Inc. is a US company with subsidiary operations in Sweden and South Africa delivering positioning and telematics services in co-operation with cellular operators worldwide. Several commercially available services are based on the CellPoint System(TM) technology that uses GSM cellular networks to determine physical locations of cellular phones and Internet applications to present results and manage location and telematics services. CellPoint currently has the world's only end-to-end commercial service offerings for digital cellular location technology; it is fully scalable, works with standard GSM phones and WAP phones in unmodified digital networks, and can be co-ordinated worldwide from a remote central location. GSM accounts for more than 66% of the world digital cellular market with more than 270 million subscribers worldwide. Estimates for cellular phone usage are now at 1.5 billion users by 2005, with GSM accounting for two-thirds of the total market, and 600 million mobile Internet users by 2004. CellPoint and CellPoint Systems are trademarks of CellPoint Inc. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Actual results may differ materially from those projected in any forward-looking statement. Investors are cautioned that such forward-looking statements involve risk and uncertainties which may cause actual results to differ from those described. Copyright (c) CellPoint Inc. 2000 -------------------------------------------------------------------------------- Contact: CellPoint Inc. +46 8 5449 0000 Fax: +46 8 5449 0005 www.cellpt.com; info@cellpt.com OR CellPoint Systems +46 8 5947 4900 Fax: +46 8 35 87 90 OR Tele2 Camilla Bulow Camilla.Bulow@tele2.se www.tele2.se OR Nokia Thomas Jonsson Thomas.Jonsson@nokia.com www.nokia.com OR North American Inquiries: The Rowe Group 877-880-1195 ajc@rowe-group.com