POTOMAC, Md., March 30, 2004 (PRIMEZONE) -- Airbee Wireless Inc. (Pink Sheets:ABEW), an innovator of intelligent software for wireless communications, announced today that it has retained Equitilink, LLC to expand its investor relations support services. Equitilink provides a variety of results-oriented investor programs for publicly traded companies and will combine its efforts with INFe-Relations, Inc. to expand Airbee's coverage of financial communications and shareholder relations initiatives.
"Equitilink is widely regarded as a leader among micro-cap and small-cap investor relations firms," said Gene Sharer, Airbee's Chief Operating Officer. "We are impressed with Equitilink's credentials, and we are very excited about putting their experience to work for Airbee."
Equitilink plans to implement a number of aggressive investor relations strategies in the coming months to increase shareholder awareness for Airbee.
"We have seen an abundance of recent interest in the wireless space, and after a careful review of Airbee's marketing and business plans, we believe the company is uniquely positioned for long-term growth in this sector," added Thomas N. Mahoney, Managing Director of Equitilink. "Airbee is developing a number of compelling new product lines, and we are ready to help communicate its story to potential investors from all walks of life."
About Airbee Wireless
With offices in Maryland, Singapore and Chennai, India, Airbee Wireless is an innovator of patent-pending intelligent connectivity software for wireless communications. Its product portfolio enables consumer and business devices to wirelessly connect to each other over short distances. This means that Airbee is a developer of software licensed to manufacturers of microprocessors used in an increasing number of wireless communications applications. Airbee's competitive edge is attributed to utilizing a software approach vs. a hardware approach -- enabling it to provide lower cost, greater flexibility and shorter time to market for its customers. To learn more about getting unwired with Airbee, please visit www.airbeewireless.com.
About Equitilink
Equitilink assists public companies in improving their shareholder relations through professional, cost-effective investor relations strategies and specializes in working with small-cap and micro-cap companies. Equitilink helps its clients achieve fair market value by expanding public awareness and enhancing corporate image. Additional information about Equitilink is available on the web at www.equitilinkpr.com.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Airbee Wireless, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and/or changes in our business strategies.