MIAMI LAKES, Fla., June 2, 2005 (PRIMEZONE) -- Calypso Wireless Inc. (Pink Sheets:CLYW), the premier broadband wireless device and technology manufacturer that is making the real-time two-way video conferencing cellular phones, announced today that it has signed a field trial installation agreement with Sleipner SA, (Sleipner) an Italian-based telecommunications company.
Calypso and Sleipner have signed an agreement to introduce in the Italian market a new paradigm in converging communication: true seamless mobility between GSM and WiFi. Sleipner will port on Calypso's C1250i dual mode GSM/GPRS-WiFi mobile phone its coMob (a seamless mobility software for smart phones) to set up a joint proposal for the main Telecom operators in the Italian and European market.
"We are extremely interesting in conducting a Field Trial with Calypso's cellular phones and its patented ASNAP(tm) technology and also look forward to offering Calypso' next generation cell phones to our customers in the very near future," says Francesco Cafiero, Chief Operating Officer of Sleipner SA.
According to the agreement between the two companies, Sleipner will conduct a field trial of Calypso Wireless' ASNAP(tm) patented technology (U.S. Patent #6,680,923) that enables mobile users to seamlessly switch back and forth between GSM/GPRS/CDMA cellular networks and Wi-Fi wireless local area networks (WLAN) utilizing the 802.11 standard. Mobile customers using Calypso's ASNAP(tm) cellular phones will be able to access any Wi-Fi zones installed and access the Internet at broadband speeds of up to 11,000 Kbps per second (11Mbps) enabling movie-quality real-time video conferencing on Calypso' C1250i mobile phone.
Calypso piqued the interest of many Mobile Carriers by demonstrating its ASNAP(tm) technology which provides a system that enables Mobile Carriers and Internet Service Providers to identify and authenticate the mobile user, thereby creating a platform for revenue sharing between the synergistic companies and increased revenues for them by delivering new added services. Calypso patented technology could also provide significant savings to Mobile Carriers in additional frequency spectrum and infrastructure equipment by offloading capacity to the Wireless Local Area Networks (WLAN) and IP networks while providing additional sources of revenues providing newly services such as real time two way video conferencing, fast internet connection and VoIP.
"We expect contracts for the delivery of our products (such as Calypso real time two way video conferencing cellular phones, WLAN Access Points and related hardware) and licensing of our ASNAP(tm) technology, upon the successful completion of the field trial. Calypso' scheduled to conduct demonstrations of the company's C1250i Wi-Fi cellular phone in Italy by the third week of June. The delivery of phones is anticipated to begin during the fourth quarter of 2005," says Alfredo Sarrazin, Vice President of Sales of Calypso Wireless Inc.
"Mobile users will be able to make two-way, real-time video conferencing and VoIP calls over the WLAN or switch over to the Mobile network when outside of a hotspot. Since the C1250i's browser can be used both inside and outside the WLAN, users always have access to the Internet. Instant messaging between C1250i handsets on a wireless LAN is also possible. The handset's battery lasts about 4 hours for VoIP calls. The Calypso C1250i comes with headphones (Mini Stereo Jack), a cradle with USB ActiveSync Cable and AC adapter," says Sarrazin.
Last September at the Excellence in Mobile Communications Awards Banquet, Frost & Sullivan presented Calypso Wireless, Inc. with the 2004 Excellence in Technology Award for the development of the company's innovative wireless switching technology, ASNAP(tm).
"Innovations such as the Internet-ready cell phones and WLAN public and private hot spots are creating an environment that is more conducive to the convergence of cellular and Wi-Fi services for both data and voice, and ASNAP(tm) is Calypso's innovative technology in this space," says Frost & Sullivan industry analyst Rajesh Kannan.
About Sleipner
Sleipner builds advanced IP-based communication systems and software platforms enabling comprehensive network-telephony solutions and innovative data converged services for enterprise and consumer customers. Sleipner' VoIP and IP solutions and applications are designed on coMEDIA, the first complete family of SIP-based solutions offered to the market. Service providers and enterprises can build their own SIP applications to fit their unique voice needs. Compared to circuit-based deployments, VoIP implementations are completed faster and with fewer setbacks. For more information about Sleipner S.A. and its products and services, please visit the company's Web site at http://www.sleipner-sa.com
About Calypso Wireless
Calypso Wireless is the company behind the ASNAP(tm) technology for which it was granted U.S. Patent #6,680,923 titled "Communication system and method" (http://www.uspto.gov search U.S. patent number 6,680,923), which covers the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers (GSM/GPRS/EDGE, CDMA, WCMDA etc.) and short-range Internet access points (such as Wi-Fi, Bluetooth, etc.).
Calypso's patented ASNAP(tm) technology enables the cellular phones to automatically detect any available Wireless Local Area Network (WLAN) and then seamlessly switch between the signals of a standard cellular link towers and an available short-range broadband network such as cable or DSL with Wi-Fi. The integration of ASNAP(tm) technology will enable greatly enhanced services such as real time video conferencing via Calypso' cellular phones, PDA's (Personal Digital Assistance) or any mobile devise powered with the company's ASNAP(tm) technology. The patent has also given Calypso the rights to offer license agreements to major mobile and ISP carriers as well as to cellular phones manufacturer and OEM's. Calypso has also built upon its patented ASNAP(tm) technology to create a new technology that could provide `the' solution that allows satellite radio signals from carriers such as XM Satellite Radio (Nasdaq:XMSR) and Sirius Satellite Radio (Nasdaq:SIRI) to be readily received by all types of mobile wireless devices, thus generating a huge new potential revenue stream for both the satellite radio companies and the companies supplying service to mobile phones and devices and the manufacturers and retailers of those devices, as well for the licensing of this technology by Calypso.
Calypso Wireless is a publicly traded company headquartered in Miami Lakes, Fla. Its common stock trades under the ticker symbol CLYW. For more information about Calypso Wireless and its products and services, please visit the company's Web site at http://www.calypsowireless.com.
About Frost & Sullivan
For more information about Frost & Sullivan and its products and services, please visit the company's Web site at http://www.frost.com/prod/servlet/frost-home.pag
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