POTOMAC, Md., April 6, 2004 (PRIMEZONE) -- Airbee Wireless Inc. (Pink Sheets:ABEW), an innovator of intelligent software for wireless communications, has been accepted as a participating member in the ZigBee Alliance, an international association of companies working together to enable reliable, cost-effective, low-power, and wirelessly networked monitoring and control products based on an open global standard.
Airbee's products have been designed to comply with the emerging ZigBee standard currently under development by the Alliance. Airbee's membership will allow the company to gain unlimited access to ZigBee specifications and actively contribute to the evolution of the standard. As a member, Airbee also will be eligible to participate in and chair work groups; use ZigBee Alliance collaterals; participate in ZigBee marketing and media initiatives; serve on Alliance committees; and receive early access to final, approved ZigBee specifications.
"Our membership in the Alliance will lead to countless process efficiencies and greater quality assurance -- resulting in better, lower-cost products for our end-users," said Gene Sharer, Airbee's Chief Operating Officer. "The ZigBee Alliance is, for us, a pioneering forum to shape a technology standard that will define the next exciting generation of wireless products, and we are indeed pleased to join such a distinguished group of pioneers."
The goal of the ZigBee Alliance is to provide consumers with ultimate flexibility, mobility, and ease-of-use by building wireless intelligence and capabilities into everyday devices. ZigBee technology will be embedded in a wide range of products for consumer, commercial, industrial and government applications worldwide. For the first time, companies will have a standards-based wireless platform for remote monitoring and control.
"We are delighted to welcome Airbee to the ZigBee Alliance and look forward to their contribution and commitment to making the ZigBee specification a market success," added Bob Heile, Chairman of the ZigBee Alliance.
The ZigBee Alliance was recently featured in Electronic Design's Special Report, "The ZigBee Buzz Is Growing: New Low-Power Wireless Standard Opens Powerful Possibilities."
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 the ZigBee Alliance
The ZigBee Alliance is an association of companies working together to enable reliable, cost-effective, low-power, wirelessly networked monitoring and control products based on an open global standard. The ZigBee Alliance is a rapidly growing, non-profit, industry consortium of leading semiconductor manufacturers, technology providers, OEMs, and end-users worldwide. Additional information can be found at www.zigbee.org.
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.