Applies to -- ERICY -- RMAG
BlueStreak Networks and Ericsson Team Up to Unveil Powerful Point-of-Sale Bluetooth Application at COMDEX Companies to Showcase New Bluetooth WAP Application
BlueStreak Networks and Ericsson Team Up to Unveil Powerful Point-of-Sale Bluetooth Application at COMDEX Companies to Showcase New Bluetooth WAP Application
BOCA RATON, Fla., Nov 9, 2000 (BUSINESS WIRE) -- BlueStreak Networks, Inc., a division of Registry Magic, Inc. (Nasdaq:RMAG), and Ericsson, Inc. (Nasdaq:ERICY) of Stockholm, Sweden, will demonstrate the industry's first point-of-sale (POS) application utilizing Bluetooth technology on November 13 - 17 at COMDEX, Ericsson Booth No. L3041, LVCC North Hall, in Las Vegas.
Using Ericsson's new, leading-edge cell phone technology with BlueStreak Networks' patented, proprietary software and hardware, the two companies will reveal how consumer and corporate travelers and shoppers can significantly enhance the convenience, security and speed of the retail experience.
Based on the Bluetooth standards and WAP protocol that will be incorporated into millions of cellular phones around the world, BlueStreak's solution provides the capability to become the secure center for personal information that people can use anywhere and anytime. In addition, BlueStreak Networks' patented BASS (Biometric Access Security System) technology provides an additional level of security over information passed via cell phones.
The POS industry is simply one possible application for the BlueStreak Networks solution, and the recent merger of BlueStreak Networks' parent company, Registry Magic, with Bristol Retail Solutions (Nasdaq:BRTL) permits BlueStreak to bring this technology to the market quickly. An innovative suite of services is under development by BlueStreak in the fields of WAP and wireless LANs. Ultimately the company seeks to lead the wireless evolution by linking independent mobile devices with one platform for the management of personal information that is used everywhere.
Bluetooth is a wireless technology standard introduced in 1998, by Ericsson, Microsoft, IBM, Intel, Nokia, Motorola, 3Com, Lucent and Toshiba. The Bluetooth specifications use low-cost, short-range radio signals to provide connections to devices such as mobile phones, handheld devices, and mobile computers. BlueStreak Networks is among the more than 1300 adopting companies who are members of Bluetooth's Special Interest Group (SIG).
"With this intuitive and convenient solution, I believe BlueStreak Networks has jumped to the forefront of mCommerce by developing the most secure process utilizing WAP over Bluetooth, " said Lawrence Cohen, president and CEO of BlueStreak Networks. "We realized that more transactions occur every day at the point-of-sale then on the entire internet."
The BLUETOOTH trademarks are owned by Telefonaktiebolaget L M Ericsson, Sweden.
About BlueStreak Networks
BlueStreak Networks, a division of Registry Magic (Nasdaq:RMAG), is a leader in the commercialization and integration of Bluetooth, wireless, and speech technologies. The company's offerings lead the wireless evolution by linking independent mobile devices with one platform for the management of personal information via point-of-sale systems and open standards-based APIs. For more information, please visit www.bluestreaknetworks.com.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements. Readers are cautioned that such forward-looking statements involve risks and uncertainties including without limitation the general risks associated with the intense competition and rapid technological change characteristic of the computer telephony and speech technology markets. The forward-looking statements contained herein speak only as of the date of this release and are subject to risks set forth in Registry Magic' reports filed with the Securities and Exchange Commission. Registry Magic expressly disclaims any obligations or undertaking to publicly release any updates or revisions to any such statement to reflect any change in expectations or any change in events, conditions or circumstances on which any such statement is based.
CONTACT: BlueStreak Networks, Inc., Boca Raton Lawrence Cohen, 561/994-3223 investor@registrymagic.com or Ericsson, Inc. R.E. Skip Bryan, 919/472-7117 skip.bryan@ericsson.com Comdex: Ericsson Booth No. L3041, LVCC, North Hall
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KEYWORD: FLORIDA NEVADA INDUSTRY KEYWORD: HARDWARE NETWORKING RETAIL SOFTWARE TELECOMMUNICATIONS TRADESHOW
STOCK SYMBOLS: [(rmag)]\ [(ericy)] |