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Gold/Mining/Energy : DataWave Vending Inc. -- Ignore unavailable to you. Want to Upgrade?

To: RBMac who wrote (227)	11/13/1998 1:23:00 PM
From: RBMac	Read Replies (1) \| Respond to of 289

From Stockhouse: RESEARCH IN MOTION LTD ("RIM-T") DATAWAVE SYSTEMS INC ("DTV-V;DWVSF-L") - Research In Motion to Supply Wireless Modems for DataWave - Electronic Merchandisers Research In Motion announced it has signed a $1.3 million (CDN) agreement to supply its advanced OEM radio modems to DataWave Systems. Scheduled for delivery over the next 12 months, the modems will be used in DataWave's wireless prepaid electronic merchandising systems. This is the first supply agreement between the two companies. DataWave will incorporate RIM's high-performance radio modems in its proprietary system that uses wireless communications to manage intelligent merchandising kiosks. Enabling the sale of prepaid long distance telecommunications services, DataWave's 'Electronic Merchandisers' form part of a wide area network that is designed to continuously monitor and track sales and service data. "Because of a 24-hour wireless connection to a central computer system that allows for remote monitoring, Datawave's 'Intelligent' machines generate a significant increase in revenue," said DataWave President and CEO, Clive Barwin. "We chose RIM because the company offers a higher performance, lower cost solution, along with an excellent reputation for customer support. We are confident that these factors will help DataWave maintain its competitive edge in the future." "Datawave supplies an end-to-end solution that extends value well beyond traditional calling card dispensers," said Research In Motion President and Co-CEO Mike Lazaridis. "By connecting to the BellSouth and Cantel wireless networks, Datawave delivers a portable, fast and reliable service." The RIM 900 radio-modem is a high-performance RF transceiver designed for system integration by original equipment manufacturers. Operating in the 900 MHz frequency range, the RIM 900 is compatible with Mobitex wide-area wireless data communications networks. Nationwide Mobitex networks are operated by BellSouth Wireless Data in the United States and Cantel AT&T in Canada. DataWave Systems Inc. manufactures and distributes intelligent prepaid electronic merchandising systems. The company currently distributes its prepaid products in excess of 3,000 retail locations in both Canada and the U.S. Research In Motion is a world leader in designing, manufacturing and marketing wireless consumer and business-to-business electronic access technology for the rapidly emerging mobile communications market. The company's current product portfolio includes revolutionary two-way pagers, wireless personal computer card adapters and embedded OEM radio modems. Based in Waterloo, Ontario and listed on The Toronto Stock Exchange, Research In Motion is a knowledge-based company with proven, leading technologies. Its customers include a diverse range of multinational companies including wireless network suppliers, original equipment manufacturers and value-added resellers. Email: info@rim.net. Web site:www.rim.net Research In Motion, RIM, the RIM logo, Inter@ctive and Inter@ctive Pager are trademarks of Research In Motion Limited. Research In Motion and RIM are registered, U.S. Patent and Trademark Office. All other brands, products and company names mentioned herein may be trademarks or registered trademarks of their respective holders. TEL: (519) 888-7465 Mark Guibert, Research In Motion, E-mail: mguibert@rim.net TEL: (604) 926-2292 Peter Hough, DataWave Systems Inc. E-mail: hough@datawave.ca ______________________________ (c) Corporate Dissemination Services Inc. All rights reserved.