PHOENIX, April 14 /PRNewswire-FirstCall/ -- Synosphere, Inc., a wholly
owned subsidiary of iBIZ Technology Corporation (OTC Bulletin Board: IBZT), a
developer of innovative PDA technologies, announced today that Synosphere is
offering to license its patent pending satellite radio handheld accessory
technology to qualified partners (Application #10/801,973).
This license opportunity will allow qualified partners the ability to
develop, manufacture, and market satellite radio PDA and Smartphone
accessories.
"Our patent pending satellite radio technology, once developed, will allow
satellite radio subscribers the ability to listen to satellite radio directly
on their PDAs or Smartphones anywhere they can receive a satellite radio
signal. This accessory will simply attach to a handheld computer through
various handheld computer expansion ports and allow subscribers to listen to
high quality audio using wired or optional wireless stereo headphones. In
addition, our architecture also provides an option for subscribers to listen
to satellite radio on any nearby FM audio receiver without using any wires.
It also provides subscribers the ability to personalize their satellite radio
experience by using a full color graphical user interface," commented Bryan A.
Scott, CEO of Synosphere. "We are really excited about this technology and
look forward to working with licensees to bring this exciting product to
market."
Through strategic partnerships with future licensees Synosphere believes
it will provide the satellite radio industry an alternative solution to offer
its growing customer base.
About Synosphere, Inc.
Synosphere -- a wholly owned subsidiary of iBIZ, Technology Corporation
http://www.ibizcorp.com -- is a developer of innovative PDA technologies that expand
and enhance the PDA experience. For more information visit http://www.synosphere.com
or contact Synosphere at info@synosphere.com.
For further information, please contact: Media, Belinda Banks of S&S
Public Relations, +1-718-320-4898, Belinda@sspr.com, for Synosphere, Inc.; or
Investor Relations, Ed Lewis of CEOcast, +1-212-732-4300, for Synosphere, Inc.
"Certain statements in this news release may contain forward-looking
information within the meaning of Rule 175 under the Securities Act of 1933
and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to
the safe harbor created by those rules. All statements, other than statements
of fact, included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties. There can be
no assurance that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such
statements. Technical complications that may arise could prevent the prompt
implementation of any strategically significant plan(s) outlined above. The
company cautions that these forward looking statements are further qualified
by other factors including, but not limited to those, set forth in the
company's Form 10-KSB filing and other filings with the United States
Securities and Exchange Commission (available at http://www.sec.gov). The company
undertakes no obligation to publicly update or revise any statements in this
release, whether as a result of new information, future events or otherwise."
SOURCE Synosphere, Inc.
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Related links:
http://www.synosphere.com
CONTACT:
Media, Belinda Banks of S&S Public Relations,
+1-718-320-4898, Belinda@sspr.com, for Synosphere, Inc.; or
Investor Relations, Ed Lewis of CEOcast, +1-212-732-4300, for
Synosphere, Inc.
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