Motorola, Texas Instruments, and now Sasken...
(BSNS WIRE) Sasken to Bundle e-SIM's MMI Solution with Its Solution for Wireless Handsets Business Editors JERUSALEM--(BUSINESS WIRE)--ESIM-- e-SIM Ltd. (OTCBB: ESIM.OB), a leading provider of Man Machine Interface (MMI) solutions for wireless platforms and device manufacturers, announced today that they have signed an agreement with Sasken, a leading provider of telecommunications software solutions, to offer e-SIM's MMI Solution bundled with Sasken's mobile software solutions to their customers. The agreement enables handset vendors to shorten their development process by providing Sasken's suite of software solutions, with a leading MMI, optimized for immediate porting onto the hardware platform being deployed. This removes the need for handset vendors to spend time developing software solutions in-house, allowing them to focus on their core areas of competency. The combined solution allows Sasken's customers to use the integrated reference design, development and customization tools to quickly create customized MMIs. This enables manufacturers to bring state-of-the-art customized phones to market faster, as well as creating multiple handset versions targeted at specific markets and user groups. Through this agreement e-SIM will be entitled to royalty payments for each manufactured handset that includes the bundled solution, and will also receive revenue from selling its development tools and professional services to the handset manufacturers. Marc Belzberg, CEO of e-SIM said, "The joint offering with Sasken creates a strong bundled offering combining both companies' world-leading software solutions enabling handset manufacturers to quickly and easily create superior handsets. We are pleased that another major market player is adopting our MMI Solution. This agreement, following other major agreements such as the ones with Texas Instruments and with Motorola, is another affirmation of the fact that e-SIM's MMI Solution is rapidly becoming the de-facto standard MMI solution for the wireless industry" About e-SIM Ltd. Founded in 1990, e-SIM Ltd. (http://www.e-sim.com/) is a major provider of MMI (Man-Machine Interface) solutions for wireless and other electronic products. e-SIM's MMI solutions are used by a wide range of wireless handset manufacturers and platform vendors, including Motorola, NEC, Kyocera, BenQ, Ericsson Mobile Platforms and others. e-SIM's MMI technology has been incorporated into millions of handsets on the market. About Sasken Sasken is a world class telecom software solutions provider offering a unique combination of complementary IP software components, research and development consultancy as well as software services to many of the leading semiconductor manufacturers, network equipment companies, and global wireless handset developers. Established in 1989, Sasken employs over 1400 staff, operating from a state of the art research and development centre in Bangalore, India with offices in Canada, China, Germany, Japan, Sweden, UK and US. For more information go to www.sasken.com Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, significant fluctuations and unpredictability of operating results, risks in product and technology development and rapid technological change, dependence on a single product line, extent of demand for the Company's product, impact of competitive products and pricing, market acceptance, lengthy sales cycle, changing economic conditions, risks of joint development projects, dependence on key personnel, difficulties in managing growth, risks relating to sales and distribution, risks associated with international sales, risks of product defects, dependence on company proprietary technology. For a more detailed discussion of these and other risk factors, see the Company's Form 20-F as filed with the United States Securities and Exchange Commission. KEYWORD: INTERNATIONAL AFRICA/MIDDLE EAST INDUSTRY KEYWORD: TELECOMMUNICATIONS SOFTWARE E-COMMERCE INTERNET MARKETING AGRE MENTS SOURCE: e-SIM Ltd. CONTACT INFORMATION: e-SIM Ltd. MEDIA CONTACT: Judyth Eichenholz, +1-888-742-9364 judyth@e-sim.co.il or INVESTOR CONTACT: Yaron Eldad, +972-2-587-0770 yaron@e-sim.co.il *** end of story *** |