Red-M and Registry Magic Join Forces to Create Innovative Bluetooth Solutions
WEXHAM SPRINGS, UK--(BUSINESS WIRE)--Jan. 29, 2001--Red-M(TM), a pioneering developer of Bluetooth(TM) networking solutions and subsidiary of Madge Networks N.V. (NASDAQ NM: MADGF - news), is teaming up with Registry Magic, Inc., (NASDAQ: RMAG - news), a leading provider of speech recognition, wireless, and Bluetooth solutions. Registry Magic's Bluetooth enabled applications and services will leverage Red-M's technology to provide a whole new class of wireless applications targeted at a range of market sectors, including the hospitality sector.
Registry Magic is developing customizable applications that will be provided over Red-M's Bluetooth networking technology to deliver significant customer benefits. These include payment and reservation over Bluetooth, wireless check-in, door locking and mobile access to the Internet, Intranet and email.
Red-M is a developer of Bluetooth network product solutions that provide rapid and secure transmission of data, voice and video communications over a wireless connection. Red-M's 3000AS access servers and 1000AP access points provide the platform for wireless delivery of content via a range of mobile devices including personal digital assistants (PDAs), laptops, and other emerging information appliances.
Registry Magic has developed the Bluetooth Consumer Payment Network. Utilizing Registry Magic's patented Biometric Access Security System (BASS) technology, a Bluetooth enabled phone can be transformed into a secure payment and identity device. The Consumer Payment Network can be seamlessly integrated into the customers' existing point-of-sale (POS) and Property Management Systems (PMS), without costly software and hardware changes using Registry Magic's patented Wireless Adapter Module (WAM).
John Falcone, Senior VP of Technology and Business Development, Registry Magic, says, ``Red-M and Registry Magic have demonstrated an early lead by pioneering ground-breaking Bluetooth network solutions and applications. Red-M's secure Bluetooth network coupled with Registry Magic's advanced software and services will bring a range of novel applications to the hospitality sector. We are delighted to be teaming up with this innovative company to enhance our own service offering in this exciting new market area.''
Simon Gawne, VP of Marketing and Business Development at Red-M, adds, ``Bluetooth is set to re-define how the hospitality industry services its customers. Registry Magic has proved to be an innovative and forward-thinking company with an exciting range of applications. The hospitality sector will benefit enormously from our two companies working together.''
About Red-M
Launched in May 2000, Red-MTM is a subsidiary of Madge Networks N.V., and is a pioneering developer of Bluetooth networking solutions. Bluetooth is the emerging local wireless technology backed by an industry consortium of over 2,100 of the world's leading companies. Red-M's BIASTM (Bluetooth Internet access server) technology provides advanced data, voice and video services to a range of Bluetooth enabled devices including computers, personal digital assistants (PDAs), wireless application protocol (WAP) smart phones and other emerging information appliances. Red-M, an Associate Member of the Bluetooth Special Interest Group (SIG), won the first ever Award for Innovation at the annual Bluetooth Congress in June 2000 and more recently PC Magazine's `Technical Innovation Award', and is widely recognized as a leading innovator in Bluetooth technology. In October 2000, Red-M announced the world's first Bluetooth networking product solutions. Information on Red-M can be found on the World Wide Web www.red-m.com.
About Madge Networks N.V.
Madge Networks N.V. (NASDAQ NM: MADGF - news) is a global provider of advanced Internet-centric network services and products, and mission-critical enterprise solutions. The company operates through three primary subsidiaries: Madge.web, a global provider of rich content applications and managed network services; Madge.connect, a global supplier of product solutions for mission-critical enterprise networks; and Red-M, a developer of wireless Internet server products that provide Internet and Intranet access from a wide range of mobile devices in the workplace. The company's main business centers are located in Wexham Springs, United Kingdom; New York City and Milpitas, California. Information about Madge's complete range of products and services can be accessed on the World Wide Web at www.madge.com.
About Registry Magic, Inc.
Registry Magic (NASDAQ:RMAG - news) 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 Application Programing Interface (API's). For more information, please visit registrymagic.com.
About Bluetooth
The Bluetooth wireless technology is set to revolutionize the personal connectivity market by providing freedom from wired connections. It is a specification for a small form-factor, low-cost radio solution providing links between mobile computers, mobile phones and other portable and handheld devices, and connectivity to the Internet. The Bluetooth Special Interest Group (SIG), comprised of leaders in the telecommunications, computing, and network industries, is driving development of the technology and bringing it to market. The Bluetooth SIG includes promoter companies 3Com, Ericsson, IBM, Intel, Lucent, Microsoft, Motorola, Nokia and Toshiba, and more than 1800 adopter companies.
Private Securities Litigation Reform Act Statement
Investors should take note that certain statements in this press release are forward-looking and may not give full weight to all of the potential risks (e.g., ability to deliver new marketable solutions quickly to bring products to market before our competitors, changing technologies, management of change and changed resource allocation resulting from these and other factors). Forward-looking statements in this press release include statements to the effect that Registry Magic's Bluetooth enabled applications and services will leverage Red-M's technology to provide a whole new class of wireless applications, that Bluetooth is set to re-define how the hospitality industry services its customers, that the hospitality sector will benefit enormously from Registry Magic and Red-M working together and other statements which are not completely historical. These statements may differ materially from actual future actions, events or results. For more information on risks, please refer to Madge's recent SEC filings.
Red-M, the Red-M logo, BIAS, Madge, Madge.connect, and Madge.web are trademarks, and in some jurisdictions may be registered trademarks of Madge Networks or its affiliated companies. Other trademarks appearing in this release are the property of their respective owners. PC Magazine UK Technical Innovation Awards is a trademark of VNU Business Publications Limited.
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Contact:
Company Contacts:
Red-M, Wexham Springs
Rob Forbes, (+44) 1753 661779
PR Manager
www.red-m.com
or
Registry Magic
Amy Palmatary, 561/994-3223
Communications Director
or
Public Relations Contacts:
USA
Collaborative Communications
Emily Farber/Susan Hodder
617/621-1800
or
Outside of USA
DPA Corporate Communications
Julie Styles, +44 (1) 483 414 000
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