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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?

To: P2V who wrote (2756)	2/10/1999 11:30:00 PM
From: P2V	Respond to of 5390

Ericsson agreement with Internet software developer OZ.COM Ericsson enters into an agreement to develop IP communication technologies with OZ.COM, a leading provider of scalable, real-time communications products and solutions for the Internet and multimedia networks. The agreement, which builds on a successful relationship between the companies, supports Ericsson's overall Internet strategy to further embrace IP technologies that enhance its core business in communications and mobility. "This agreement with OZ enables Ericsson to further leverage its existing IP telephony solutions and core strength as a network integrator. We will be bringing out a wide variety of products and services that mean additional revenue opportunities for new and existing operators," said Michael Thurk, Executive Vice President and General Manager of Ericsson's Datacom Networks and IP Services business unit. The synergy of the two companies' product portfolios already has resulted in a number of developments. One initiative is a communications portal with full- fledged reliable and secure communication capabilities, including both wireline and wireless Internet as well as telecom technologies. This is accessed via easy-to-use, visual, user interfaces that enhance the communication and messaging experience similar to the way clicking on icons first improved the keystroke PC experience. "Ericsson and OZ are developing new application technologies converging services and providing much needed user focus to an increasingly fragmented communications market. Our collaboration on ground-breaking applications, such as Arena World for the Helsinki Arena 2000 project and the on-going developments, clearly demonstrate the strength of the synergies between us," says Skuli Mogensen, CEO of OZ.COM. Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over. Please visit Ericsson's Press Room at: ericsson.se FOR FURTHER INFORMATION, PLEASE CONTACT Thorarinn Stefansson OZ.COM, Director of Business Development - Europe Phone: +354 535 0000; E-mail: toti@oz.com Joanne Khoo OZ.COM, Vice President of Marketing Phone: +1 415 536 0500; E-mail: joanne@oz.com Staffan Lindholm, General Manager, IP Services Ericsson Datacom Networks and IP Services Phone: +46 8 719 5176, +46 70 510 0603 E-mail: staffan.lindholm@etx.ericsson.se Johan Wiklund, Ericsson Corporate Communications Phone: +46 70 560 0134; E-mail: johan.wiklund@lme.ericsson.se Company Information With European headquarters in Iceland and U.S. headquarters in San Francisco, California, OZ.COM oz.com (formerly OZ Interactive) is a leading provider of scalable, real-time communications products and solutions for the Internet and broadband networks. Other OZ.COM partners include Intel, Real Networks and Helsinki Telephone Company.