SMSI- I just spoke with the company and here is a summary of what they said:
Before 1998, company primarily operated in modem area of business and they do have
established relationships with 3Com and other providers.
Because this business was low margin and they wanted to expand their offerings they
have moved into internet area. The company started shipping the Internet CommSuite in
mid-October and we will begin to see revenues coming in when earnings are released
for 4th quarter. The company has thus far received a favorable response to the product.
Over the next few quarters, the company will be trying to expand their presence in
OEM market by offering this product to internet service providers, content providers,
hardware companies, etc..
The company is taking advantage of the XCSl new technology and other means of
technology. The company does not give specific projections for growth. But they did
say that the revenues from older products have stabilized and that the new products will
of course be additive and propel growth inside the company. The company also will be
releasing a corporate edition of the Internet CommSuite in late December which will
offer fax and other services through internet and intranet. The company feels this is a
great move as this a much higher margin product line and they feel growth should
expand with the new products.
SMSI - other news release
Thursday December 3, 9:01 am Eastern Time
Company Press Release
SOURCE: Smith Micro Software, Inc.
Smith Micro Signs Agreement with McGeorge
Productions To Bundle Internet CommSuite
Internet Content Provider In Chinese/English Will Offer Smith Micro's New All-in-One
Internet
Communications Software to Subscribers
ALISO VIEJO, Calif., Dec. 3 /PRNewswire/ -- Smith Micro Software, Inc. (Nasdaq:
SMSI - news) today announced an
agreement with McGeorge Productions, Inc., an Internet Content Provider of
Chinese/English services with a focus on the
U.S. market. Under the terms of the new pact, Los Angeles-based McGeorge
Productions will offer Smith Micro's new
Internet CommSuite™ to both new and existing subscribers.
Internet CommSuite is a new, all-in-one Internet communications package that merges
multiple Web communications into one
fully integrated, easy-to-use package. Internet CommSuite enables users to phone, fax,
video phone, send audio and video
e-mail and conduct other interactive activities, such as video security, over the Internet
-- with a single piece of
communications software. Internet CommSuite is optimized for both traditional analog
modems and newer broadband
technologies such as cable and xDSL.
McGeorge Productions will use Smith Micro's software to provide even greater value to
its customers in the U.S., Taiwan,
Hong Kong and China. ''We selected Internet CommSuite because it's a powerful and
affordable solution that effectively
provides all of the communications functionality that users need in a single, tightly
integrated package,'' said Dandy Lin,
General Manager of McGeorge Productions. ''We see it as being well-suited for use in
supporting the Chinese language
market, because its built-in voice support provides users with the opportunity to
ultimately replace time-consuming
keyboard-based text e-mail responses with simple voice-based communications
instead.''
''We are pleased to be aligned with McGeorge Productions in this bundle relationship,
because it clearly demonstrates the
viability of Internet CommSuite as a solution for ISPs with a niche market orientation,''
said Daniel D. Sheppard, Smith
Micro's Executive Vice President and COO. ''Internet CommSuite's fully integrated
design, combined with its exceptional
ease-of-use makes it an ideal solution for McGeorge Productions' rapidly growing
customer base in both the U.S. and Asian
markets.''
Internet CommSuite gives users all the software capabilities needed to talk for free over
the Internet, make Internet video
phone calls, send Internet faxes that bypass long-distance phone charges, create audio
or audio/video e-mails, use an Internet
answering machine, and more. All functions are activated from a single-click,
easy-to-use software interface that resembles a
TV remote control.
For more information, contact Smith Micro at 949-362-5800 or visit
www.smithmicro.com.
For more information about McGeorge Production services, visit
www.chinesetoday.com.
Smith Micro is a leading developer and marketer of software products that make
person-to-person communications simple.
With a focus on the Internet, broadband and modem-based technologies, the company
designs integrated, easy- to-use
software that enables fax, data, voice and video communication to personal computer
users around the world. Headquartered
in Aliso Viejo, California, the company markets its products worldwide through a
network of OEMs and retail distributors.
The company is publicly traded on the Nasdaq National Market under the symbol
SMSI.
This release may contain forward-looking statements that involve risks and uncertainties.
Among the important factors which
could cause actual results to differ materially from those in the forward-looking
statements are economic, competitive,
governmental and technological factors effecting the company's operations, markets,
products, services and prices, as well as,
other factors detailed in the company's filings with the Securities and Exchange
Commission including its recent filings on
Forms 10-K and 10-Q.
Smith Micro Software, Internet CommSuite and the Smith Micro logo are trademarks
of Smith Micro Software, Inc. All other
trademarks and product names are the property of their respective companies.
SOURCE: Smith Micro Software, Inc.
More Quotes and News:
Smith Micro Software (Nasdaq:SMSI - news)
Related News Categories: computers, internet, software
Also company had deal with Panasonic this morning!!! |
