Answered my own question about IGS. It's privately held. Here is what they say about themselves. Does anyone have experience with the Neopoint??
The Company Founded in October 1997, Innovative Global Solution (IGS) designs, develops and markets advanced, user-friendly CDMA wireless communication products with compelling data capabilities for the consumer market. Its breakthrough brand of NeoPoint handsets features innovative technology that merges voice, text, advanced Internet access and graphical communication capabilities. Its Network Services Group provides innovative RF engineering and consulting services to leading wireless equipment vendors, carriers and infrastructure manufacturers worldwide. Services include network system performance analyses, optimization and benchmarking to assist in the design, optimization and growth of CDMA networks. Based in San Diego, IGS is a privately held company with 80 employees.
Mission IGS aims to unify the wireless and computing industries with intelligent wireless data communications technology that lets users communicate in a revolutionary way. In a complex, often cacophonous and information-rich world, IGS products allow consumers to capture exactly what they need to enrich their lives and, in parallel, simplify it.
As a part of that mission, the company is prepared to enable digital wireless networks to become reliable information exchange mediums. In addition to assisting wireless service providers in optimizing their current networks, the IGS service group also supports providers in the development and deployment of next-generation digital wireless networks. Through the synergy of its efforts to advance wireless technology IGS stands to benefit as it seeks to manage the data capabilities of its wireless products.
The Market Opportunity: Delivering on the Promise of Wireless Computing The concept of wireless computing is not new. In fact, the promise of instant access to information without being tethered to a PC has been around since the early 70s. Today, the confluence of elements exists to make wireless computing a reality for the first time in computing history: the Internet with its richness of useful, compelling information; market popularization of electronic data communications, e.g., email; wireless telephony products at affordable prices; and the lynchpin - wireless data networks that connect portable computer devices to the Internet.
As sophisticated consumers are becoming more technologically savvy to the efficiencies of wireless technology, the demand for new features on their mobile phones has increased. The Strategis Group estimates that digital handset sales will reach almost $10 billion in the U.S. by the year 2000. Jupiter Communications predicts that by the year 2002, 15 percent of PCS handsets expected to ship to U.S. consumers will incorporate a microbrowser and email client. IGS-compiled research indicates that over 30 percent of mobile phone users want computing power and nearly 50 percent of portable computer users want voice capability to complement their mobile computing power. A propped-up demand, many industry insiders say, is building.
To date, handset manufacturers have not delivered what consumers need, and as a result, no one product has emerged as a clear favorite. No wonder: the industry's "smartphone" offerings have yet to evolve from being expensive and cumbersome products (some with performance shortcomings), while other smartphone products have stretched the term "smartphone" by having limited features. Others still have promised but not delivered the "next generation" of PDA/PIM and data-capable phones.
The timing couldn't be more right for IGS to deliver on the promise of wireless data communications. Hence, IGS has made the NeoPoint phone market-ready in a small, attractive form and with a wide array of advanced functions to satisfy a hungry market and appeal to a cross-section of upscale users.
Creating the First Personal Communications Assistant (PCA) IGS handset products are aimed at a broad market, taking into consideration usage patterns, motivations, psychographic profiles, lifestyles, and other factors that influence consumer needs and purchases of handsets.
Knowing that consumers rarely use everything offered in a technologically-rich product, IGS specifically gleaned the features most valued and used by consumers in their portable PCs, PDAs, PIM programs and wireless phones. With a vision of creating the first Personal Communications Assistant, IGS went to work on delivering the NeoPoint brand quickly through a series of strategic partnerships that offered top quality in advanced technologies.
To realize their vision of enhancing personal lifestyles and business communications through a useful PCA, IGS has made the feature-rich NeoPoint available at approximately half the price of other full-fledged smartphones. IGS is launching NeoPoint with marketing program calling it consumers' "New Point of Communication" and a "Simply More Intelligent" option when it comes to a PCS phone. Because of its features, it is expected that early adopters will do just that with NeoPoint adopt it. The firm also plans to target busy Boomers and Brave Young Entrepreneurs in its campaigns.
Strategic Partnerships At the core of IGS' business strategy are the key relationships that helped propel the company to achieve a rapid development-to-market cycle with NeoPoint and future products.
Central has been the backing of an engineering and manufacturing powerhouse to ensure the supply of quality products to meet large consumer demand. From its inception, IGS has been closely affiliated with LGIC, a manufacturing giant based in Seoul, Korea. LGIC is an integrated information/communication company that produces wireless handsets (CDMA Cellular, PCS and WLL handsets), CDMA mobile systems, switching systems, transmission equipment and network products. LGIC was the first in the world to develop and commercialize a CDMA cellular system. Headquartered in Seoul, Korea, the multi-national firm recorded about US$2.0 billion in revenues in 1998 and operates state-of-the-art manufacturing facilities in Korea, U.S. and Mexico. LGIC executives currently sit on IGS' board of directors and the relationship provides a solid base on which IGS is able to develop and deliver NeoPoint products.
To ensure the growth of innovative solutions, IGS also developed a series of key partnerships with firms that create advanced technologies in their respective fields. Advanced Recognition Technologies (ART), leaders in voice recognition, worked with IGS engineers to develop voice recognition capabilities that go beyond dialing. IGS' relationship with Tegic Communications, Inc., creators of T-9 intuitive text technology, allowed the rapid development of text input through the phone's keypad without requiring consumers to learn a new script, as is needed with the Palm Pilot platform. Unwired Planet, Inc., innovators of wireless Internet technology, have worked with the IGS software team to implement a unique Internet microbrowser and other wireless data capabilities useful to business and personal users.
IGS Management Team Moving the vision of future needs in a rapidly evolving world to the successful products and services that will satisfy them has been a cornerstone of IGS' dynamic management and engineering team. IGS talent gathered from around the world comprise a formidable depth of experience in CDMA technology and business experience. An example is IGS Chairman and Chief Executive Officer, William Son. Mr. Son played pivotal role in launching the world's first commercial wireless CDMA network in Korea, which led to more than 13 million new subscribers. Under his leadership, total revenues grew to more than $250 million annually in 2½ years in that region.
With vision and track records all focused on building strong alliances in the network world and introducing innovative products, IGS has also attracted important funding. In addition to LG Information & Communications (LGIC), IGS has received funding by several significant equity investors including Transpac Capital. |