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


To: Bux who wrote (3099)4/6/1999 1:04:00 PM
From: JOHN DEOGRACIAS  Respond to of 5390
 
Ericsson Mobile communications has consumated a licensing agreement with CICI, Communication Intelligence Corp, for $782,000 with an initial payment of $641,000, which was received in January.
The order covers non-recurring engineering and advanced royalties for porting several cici products to two smart cellular phone reference designs that are expected to be recognized in the first half of 1999.

Once the porting of these products to the EPOC operating system is completed, CICI intends to make these products available to the newly formed Symbian alliance. The wireless information device market is expected to be between 40 to 60 million devices by the end of 2002.