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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Smart Investor who wrote (28995)	3/16/1999 8:59:00 AM
From: Moonray	Read Replies (1) \| Respond to of 45548

Korea Post Office Selects Symbol Technologies' SPT 1500 Pocket-sized Computer for Mail Sortation - BW, 01:34 p.m Mar 15, 1999 Eastern HOLTSVILLE, N.Y.--(BUSINESS WIRE)--March 15, 1999--Symbol Technologies (NYSE: SBL) today announced that it has supplied the Korea Post Office with its pocket-sized SPT 1500 computers for a key role in the Automatic Mail & Parcel Data Processing project led by the Korea Ministry of Information & Communication. The goal of this sizable project is to improve customer service to the national population through technology. Symbol provides more than 50 public and private mail delivery services throughout the world with technology solutions. In the U.S., each one of the 300,000 United States Postal Service mail carriers will use a Symbol hand-held computer to scan and confirm delivery of certified, express and registered mail. The Korea Post Office has more than 5,000 mail stations in South Korea and more than 12,000 postal carriers. It is responsible for the delivery of mail and parcels throughout the country. One of the services that the Korea Post Office provides is assured registered parcel/mail delivery, which gives customers proof of delivery, as well as tracking and tracing capabilities. More than 1,000 SPT 1500 computers, which are based on the popular 3Com PalmPilot architecture, are now being used in the Automatic Data Process in some distribution centers across the country. Each of the 12,000 postal carriers is expected to carry a computer during the delivery of registered parcels/mail. The SPT 1500 is being considered for that task. Mail carriers now key in all delivery information and capture the customers' signature on a delivery note. This old process is time-consuming and has a high error rate. Carriers also experience fatigue from the manual data entry. But with the customized SPT 1500, which reads a special Code 3 of 5 barcode on the parcel/mail, carriers simply scan the barcode on the registered parcel/mail and obtain the customer's signature directly on the SPT 1500 terminal as proof of delivery. All delivery information can then be uploaded to the server. The ability to upload information substantially reduces processing time by eliminating physical data entry and results in instant availability of shipment information through the network. The new process also helps to increase accuracy and reduce operator fatigue. Mr. S. Namgung, an officer from the Ministry of Information and Telecommunications in Korea said, "The SPT 1500 helps to give faster, more reliable service to our customers. It replaces a slower, error-prone, manual key entry consignment note system. We believe this technological breakthrough will drastically improve customer satisfaction. The successful completion of the project will set a milestone in building a high-tech national IS infrastructure." "We are very pleased to be part of this exciting project. Symbol has been a dominant player in providing IT solutions to transportation logistics related markets worldwide. Postal applications is one of the markets that Symbol would like to focus on. The Korea Post Office success story has strengthened Symbol's position as the leading vendor in providing complete automatic data capture solutions to postal organizations worldwide," said Tomo Razmilovic, President & COO, Symbol Technologies. Symbol Technologies, Inc. is a global leader in mobile data management systems and services with innovative customer solutions based on wireless local area networking for voice and data, application-specific mobile computing and bar code data capture. Symbol's wireless LAN solutions are installed at more than 40,000 customer locations worldwide and support more than seven million Symbol scanners and application-specific mobile scanner-integrated computer systems. Symbol and its global network of business partners provide point-of-activity computing solutions for retailing, transportation and distribution logistics, parcel and postal delivery, healthcare, education manufacturing and other industries. Information is available from Symbol at 1-800-722-6234 and at symbol.com. Copyright 1999, Business Wire Looks like the PalmPilot is going to be EVERYWHERE! 3Com should be hard pressed to keep up with production and enjoy very high future royalties from their partnerships. o~~~ O