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CSI Wireless secures international distributors for new GSM fixed wireless phones16 February 2006
r> BARCELONA, Spain, Feb. 14 - (TSX:CSY) - CSI Wireless Inc., a designer and manufacturer of advanced wireless and GPS products used in more than 50 countries, today announced from the 3GSM World Congress here in Barcelona that it has secured experienced international distributors for CSI's new fixed wireless phones featuring GSM technology.
Access Telecom Inc., Anglo-Nordic and Wireless Market Rendszerhaz Kft (WM) have all agreed to distribute CSI Wireless new 405 Series and 415 Series GSM phones. Access Telecom will distribute the phones in the Americas starting in April, Anglo Nordic will distribute them in Finland starting immediately, and WM will distribute them in Hungary starting immediately.
Access Telecom is a distribution provider to the wireless communications industry in North America and Latin America. It has client list that features some of the largest and best-known telecommunications manufacturers including Nokia, Samsung, Sony Ericsson, Panasonic, Motorola, Kyocera, Siemens, and Handspring. Access Telecom distributes their products - and now CSI Wireless' products - through its global contacts with network operators, agents, resellers, dealers and retailers.
Anglo-Nordic, established in 1935, is a privately owned Finnish distributor that represents a wide variety of globally recognized brands including NOKIA, Hitachi, Clarion, CASIO, Cross, KODAK, HEAD, Pentel and Rapid. Finland boasts one of the world's highest wireless telephone penetration rates, with fixed wireless phones becoming increasingly popular in home and office environments as replacements for traditional landline phones.
WM is a Hungarian distributor specializing in wireless mobile data communication products. It maintains very close contacts with Hungary's GSM network operators, system integrators and application developers, and is able to provide GPRS communication devices for various information technology interfaces. Hungary has become a popular test market for many major wireless hardware and service providers, including T-Mobile and Vodafone.
"We enthusiastically welcome these distribution partners," said Stephen Verhoeff, CSI Wireless' President and CEO. "Access Telecom, Anglo-Nordic and Wireless Market Rendszerhaz Kft are leading international distributors that will help us continue to aggressively expand the market reach of our GSM and TDMA fixed-wireless product lines."
CSI Wireless new 405 Series phone is an entry-level fixed wireless product for consumers wanting superior voice and text-messaging services at a very affordable price. The new 415 Series phone is for consumers wanting not only superior voice and text-messaging, but Internet and email (via a PC connection) and speaker phone capability too. Both phones are designed and built by CSI Wireless, and available to cellular carriers and retailers for their customized branding.
CSI Wireless offers two versions of its 405 Series phone - the 405a Series for the Americas, and the 405e Series for Europe and the rest of the world. CSI also offers two comparable versions of its 415 Series phone - the 415a Series and the 415e Series.
The 405a Series and 405e Series phones feature:
- A high-performance receiver and as much as two-watt output power
to ensure maximum operational range, including cellular networks'
"fringe" areas
- A strong back-up battery to provide three hours of emergency talk
time and 48 hours of emergency stand-by time during power outages
- SMS text-messaging
- Four-digit PIN security to limit who can make outgoing non-
emergency calls
- LCD back-lit screen, tilted for easy viewing
- Memory capacity for 250 phone numbers
- A user-friendly interface designed specifically for fixed wireless
telephones
- Multiple languages
- Attractive styling
The 415a Series and 415e Series phones offer all of the same outstanding features, plus:
- GPRS wireless technology to enable data transmissions - Internet
and email
- A large, tilted LCD back-lit screen for even easier viewing
- Speaker phone
- Memory capacity for 1,000 phone numbers
CSI Wireless is one of the world's leading suppliers of fixed wireless telephones - offering both GSM-based and TDMA-based models. CSI's Motorola- branded Motorola FX800t product is the largest-selling TDMA fixed wireless phone in Latin America.
CSI Wireless entered the enormous India market last month, becoming one of three suppliers to India's largest cellular carrier, which has initiated a national launch of fixed wireless telephones. CSI has purchase orders for an initial shipment of 30,000 GSM phones. India is the world's fastest-growing market for fixed wireless phones, with more than 200,000 new subscribers being added each month, says the Association of Unified Telecom Service Providers of India.
Fixed wireless phones enable rapid, low-cost telecommunications for millions of consumers in regions of the world where traditional copper-wire landline phone service is unavailable or unaffordable. Compared to portable cellular phones, fixed wireless phones provide much broader signal range and voice quality. They don't require battery recharging because they plug into standard electrical outlets.
Cellular carriers, distributors and anyone else interested in CSI's Series 405 and Series 415 phones, or CSI's other fixed wireless products, can email 3gsm@csi-wireless.com and/or make an appointment with CSI representatives at the 3GSM World Congress in Barcelona (Room HS6.24 in the Fira de Barcelona Exhibition Centre) from February 13 to 16.
About CSI Wireless
CSI Wireless designs and manufactures innovative, cost-effective, wireless and GPS products for mobile and fixed applications in the agriculture, marine, automotive and other industries. CSI is a leader in several high-growth markets including Precision Guidance in Agriculture, Telematics and Desktop Cellular Telephones. The Company, through its Wireless and its Hemisphere GPS divisions, owns numerous patents and other intellectual property. It has licensed its cellular technology to GPS, cellular handset, and chipset manufacturers. CSI's common shares trade on The Toronto Stock Exchange under the trading symbol "CSY", with approximately 46 million outstanding. The company's head offices are in Calgary, Alberta, and it has major product development, sales and marketing facilities in California's Silicon Valley, Texas, Arizona and Kansas. For more information about CSI, go to http://www.csi-wireless.com.
The above disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward- looking statements are subject to numerous risks and uncertainties, certain of which are beyond CSI Wireless' control, including: the impact of general economic conditions, industry conditions, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to the announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. CSI Wireless' actual results, performance or achievement could differ materially from those expressed in, or implied by these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, CSI Wireless will derive therefrom.
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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