AirBoss Enterprise Wireless Data Services Extend Geoworks' Leadership Position
In Wireless ASP Market
ALAMEDA, Calif., May 15 /PRNewswire/ --
Geoworks Corporation (Nasdaq: GWRX), a pioneer in wireless data communications
services and technologies, today announced it has reached an agreement to
acquire AirBoss(TM) Wireless Systems from Telcordia Technologies, Inc., an
SAIC company. AirBoss Wireless Systems encompasses a suite of patented mobile
communications software products and consulting services that provide enhanced
wireless access to corporate data over a wide variety of wireless networks and
computing devices. Both parties expect the deal to close within the next
30 days, subject to due diligence, definitive documentation, and regulatory
consents customary to this type of transaction.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010124/GWRXLOGO )
The AirBoss acquisition will give Geoworks ownership of the developed
AirBoss products, which have been deployed in numerous revenue generating
customer solutions around the world. Also Geoworks will acquire engineering
and marketing forces as well as five key wireless data patents, which will
complement Geoworks' recently launched intellectual property licensing
program.
"Already this year, Geoworks has attracted tremendous interest among the
wireless and Internet industries for its innovative wireless technology
patents and its new Mobile ASP solution for enterprise clients," said
Dave Grannan, President and CEO of Geoworks Corporation. "The acquisition of
AirBoss will enable Geoworks to sustain its rapid growth and innovation, as
well as bring into our team some incredibly talented individuals."
Geoworks plans to integrate AirBoss' wireless technology and services into
its full line of mobile communications products, including Mobile ASP(TM),
Geoworks' mobile communications solution for enterprise clients and Mobile
Site(TM), which allows any business to mobilize its existing Web content for
any mobile device affordably and quickly.
"The sale of the AirBoss business line represents a continuation of our
working relationship with Geoworks," said Dave Burns, Acting Group President
of Consulting and Engineering, Telcordia. "Telcordia will continue to use and
deploy the AirBoss technology and Geoworks will call upon Telcordia for its
systems integration expertise."
"Geoworks' industry expertise and innovation will help further the
development of the AirBoss technology," said Dave Pepe, Executive Director,
AirBoss Wireless Systems, Telcordia. Pepe would become the new VP and General
Manager of the new Geoworks division. "Geoworks is already well positioned in
an area poised for explosive growth and the AirBoss technology will help them
better meet their customer needs."
About AirBoss Wireless Systems
AirBoss(TM) Wireless Systems encompasses a suite of patented mobile
communications software products and consulting services that provide enhanced
wireless access to corporate data over a wide variety of wireless networks and
computing devices. AirBoss Wireless Systems extend companies' local area
networks into the mobile environment, giving employees ready access to
mission-critical corporate data and applications. AirBoss Wireless Systems
employ a "carrier-grade" platform built to the industry's highest standards of
reliability. For additional information on AirBoss Wireless Systems, please
visit http://www.telcordia.com/airboss.
About Telcordia Technologies, Inc.
Telcordia Technologies, Inc., an SAIC company, is one of the world's
largest providers of operations support systems, network software and
consulting and engineering services to the telecommunications industry. As the
leader in the development of next generation network architectures, Telcordia
employs more than 6,000 professionals, and has revenues of more than
$1.2 billion. Telcordia (http://www.telcordia.com) is headquartered in Morristown,
New Jersey, with offices throughout the United States, Europe, Central and
South America and Asia Pacific.
About Geoworks
Geoworks Corporation is a pioneer in wireless data communications services
and technologies for the business and consumer markets. The company's misson
is to enable mobile Internet access in the business to business and business
to consumer markets. Geoworks' Mobile ASP(TM) solution utilizes a flexible
combination of its proprietary Premion Server+ technology and its mobile media
expertise to enable businesses to reach their mobile customers with relevant
and timely information. By licensing its essential Intellectual Property
Rights for the Wireless Application Protocol (WAP), Geoworks plays a central
role in advancing the worldwide market for mobile devices that enable people
to easily and instantly access and interact with information and services.
Based in Alameda, California, the company has international offices in Sweden,
Japan and the United Kingdom, and can be found on the World Wide Web at
http://www.geoworks.com .
In keeping with U.S. law, Geoworks notes that this press release includes
forward-looking statements, including the emergence of, and Geoworks'
participation in, the mobile data and technology services market. Actual
results may vary significantly due to various risks and uncertainties. Those
include, but are not limited to, the following: i) the mobile data and
technology services market may not emerge to the degree or timing anticipated;
and ii) new technologies and new services are inherently subject to
development, timing and consumer acceptance risks. Additional information is
available in the Risk Factors and Business discussions in the Company's Forms
10- K, 10-Q and other filings available from the Company or from the
Securities and Exchange Commission.
SOURCE Geoworks Corporation
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Related links:
http://www.geoworks.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20010124/GWRXLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 212-782-2840
CONTACT:
Kristy Jarosh of Red Whistle Communications,
503-790-9042, or kjarosh@redwhistle.com, for Geoworks
Corporation; or Sharon Oddy of Telcordia Technologies,
732-758-2505, or soddy@telcordia.com; or Bob Bogard of Geoworks
Corporation, 510-814-5811, or bbogard@geoworks.com
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