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Technology Stocks : CLYW - Calypso Wireless, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: EVIL EIGHT who wrote (907)	1/30/2006 2:54:20 PM
From: CLYW130	Read Replies (1) \| Respond to of 1595

Calypso Wireless Inc. Announces Licensing Agreement with VoiceTech Communications Corp. USA for Wireless VoIP Services delivered to Cellular Handsets BizWire :: April 1, 2003 (3:01 a.m. EST) Business Editors/High-Tech Writers MIAMI LAKES, Fla.--(BUSINESS WIRE)--April 1, 2003-- The Companies will provide global solutions for the delivery of wireless VoIP to a new generation of wireless devices. Calypso Wireless, Inc. (Pink Sheets: CLYW), a developer of broadband wireless devices announced today the signing of a licensing agreement with VoiceTech Communications Corp. USA, a premier provider of VoIP solutions. VoiceTech will license to Calypso Wireless, Inc., the use of its voiceNow!(TM) branded VoIP technology as part of Calypso's VoIP solutions for its cellular handsets and PCMCIA cards. These phones will incorporate Calypso's proprietary ASNAP(TM) technology, which operates on either the wide area network (WAN) using existing GSM/GPRS or CDMA cellular networks or the wireless local area networks (WLAN) such as WiFi. Revenues generated from wireless voiceNow!(TM) VoIP services provided via Calypso's cellular handsets and its Mobile Carrier agreements will be distributed equally among the two companies. "Through the partnership with Calypso and its' proprietary ASNAP(TM) technology we are now empowered to leverage the benefits of VoIP in a mobile environment; with the ability to provide additional economic value to carriers with broadband connectivity" says Ron Johnson Director of Technology for VoiceTech. There is an enormous opportunity for wireless VoIP. Last year there were over 140 million cellular subscribers in the United States and over 200 million cellular subscribers in China. With Calypso's cellular phone technology, as more and more WLAN access points and hotspots become available, the opportunity for wireless VoIP connections will only increase. Calypso Wireless, Inc. is delivering mobile handsets that incorporate WiFi technology and Calypso's auto- switching technology to allow the cellular handsets to make use of WLANs and VoIP technology. The phones will have the ability to deliver two-way broadband video conferencing when connected to a WiFi access point. With the use of VoiceTech's proprietary VoIP technology, Calypso handset users will be able to have a voice (VoIP) and text "Instant messaging" session with a conference group directly to the cellular handset as well as "Push" internet content to the handset screen. Calypso Wireless Inc., (symbol: CLYW) is an innovator and global leader in bringing broadband media to wireless handheld devices and cellular phones today. Its ASNAP(TM) technology solves problems inherent to seamless roaming between networks allowing the acceleration of the deployment of high bandwidth mobile handsets, PDAs. Portable Personal Computers, notebooks and new emerging wireless form factors. Calypso Wireless, Inc. is headquartered in South Florida. For more information about Calypso Wireless and its products and services, please visit and their website at calypsowireless.com VoiceTech Communications Corp. USA a premier VeSP (Voice enhancement Service Provider) enables turnkey solutions to increase overall application value and communications connectivity. The proprietary voiceNow!(TM) VoIP platform provides the underlying technology for efficient revenue enhancement and bottom line return on investment (ROI) for consumer/enterprise clientele, service providers, and software integration partners.