MIAMI LAKES, Fla., June 7, 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 Conecel' America Movil, S.A. de C.V. (America Movil) (Nasdaq:AMOV) America Movil was established in a spin-off from TELMEX, Telefonos de Mexico, S.A. de C.V. the largest providers of local and long distance telephone services in Mexico.
According to the agreement between the two companies, America Movil' Conecel 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. America Movil' Conecel 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. The agreement requires Calypso' patented technology to utilize Nokia's (NYSE:NOK) wireless network infrastructure system and equipment install at the mobile carrier' site.
"We are extremely interested in latest updates on your technology and would like to participate in the Field Trial with Calypso's cellular phones and software, that should help us determine the potential for increasing our revenues by offering new added services such as real time two-way video conferencing and fast Internet connectivity to the mobile subscribers in our markets. We look forward to offering the Calypso next generation cell phones to our customers by the fourth quarter of 2005," says Mr. R. Carvajal Value Add Service Manager of Conecel' America Movil.
"This is a landmark agreement for Calypso Wireless. 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 throughout America Movil' Conecel network, upon the successful completion of the field trial," says Alfredo Sarrazin, Vice President of Sales of Calypso Wireless, Inc.
About America Movil
America Movil is the leading provider of wireless services in Latin America. Subscriber growth continued strong into 2005, with America Movil adding 5.2 million subscribers in the first quarter, compared to 2.9 million in the same period of 2004. At the end of March America Movil had 66.3 million wireless subscribers and 1.9 million fixed lines, for a total of 68.3 million lines. The Company has subsidiaries and equity investments in affiliated companies in the telecommunications sector in Mexico, United States and Latin America. In Mexico, through its subsidiary, Radiomovil Dipsa, S.A. de C.V., which operates under the trademark Telcel, America Movil provides nationwide cellular telecommunications services.
For more information about America Movil and its products and services, please visit the company's Web site at http://www.americamovil.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, FL. 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
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