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SHINSEGI TELECOM SELECTS PHONE.COM WAP COMPATIBLE PLATFORM FOR KOREAN
MARKET
Korean Telecommunications Company Will Introduce WAP-based
Services for its Mobile Customers
REDWOOD
CITY, Calif. August 31,1999 �
Phone.com, Inc. (Nasdaq:PHCM), and Shinsegi Telecom today announced
that Shinsegi Telecom has licensed the Phone.com� Wireless
Application Protocol (WAP)-compatible UP.Link� Gateway and Enhanced
Services Platform. Under the terms of the agreement, Shinsegi Telecom
will use its Phone.com software license to provide new wireless
Internet service offerings to its Korean mobile customers.
Phone.com's software will enable Shinsegi Telecom to offer mobile
customers with WAP-capable CDMA phones access to a full range of
Internet-based content and information services. These information
services can be accessed through mobile phones equipped with a
WAP-compatible microbrowser such as the Phone.com� UP.Browser�
microbrowser.
�Shinsegi Telecom chose Phone.com�s UP.Link gateway technology
because of Phone.com�s industry leadership, dominant share of the
microbrowser market, Korean localized product, and ability to deliver
and launch today.� Said Mr. Hee Moon, chief of technology and
planing for Shinsegi Telecom. �With Phone.com�s UP.Link gateway we
will rapidly bring wireless Internet to our growing base of over three
million subscribers.�
Shinsegi Telecom Selects Phone.com WAP Platform for Korean Market
�Our agreement with Shinsegi Telecom demonstrates that Phone.com
continues to deliver on its strategy to expand the international
footprint and provide world class telecommunications providers the
fastest time to market for scalable and reliable WAP services.� said
Tony Miranzadeh, vice president of sales for Asia Pacific and Latin
America for Phone.com. �Shinsegi�s fast growth combined with
Phone.com�s innovative and mature products will bring the Korean
public state-of-the-art capabilities on their CDMA phones.�
About Shinsegi Telecom
Shinsegi Telecom is a leading provider of wireless CDMA communication
services to an active base of more than 3M subscribers in Korea.
Shinsegi won the second digital cellular operator licence in early
1994 and launched its service in April 1996, using CDMA technology.
The company started as a consortium of 245 shareholders, including
three foreign companies - AirTouch (10.7%), Southwestern Bell (8.25%)
and Qualcomm (2.46%).
About Phone.com
Phone.com, Inc. is a leading provider of software that enables the
delivery of Internet-based services to mass-market wireless
telephones. Using its software, wireless subscribers have access to
Internet- and corporate intranet-based services, including Email,
news, stocks, weather, travel and sports. In addition, subscribers
have access via their wireless telephones to network operators�
intranet-based telephony services, which may include over-the-air
activation, call management, billing history information, pricing plan
subscription and voice message management. Phone.com is headquartered
in Silicon Valley, California and has regional offices in London and
Tokyo. Visit http://www.phone.com
for more information.
Except for the historical information contained herein, the matters
discussed in this news release are forward-looking statements
involving risks and uncertainties that could cause actual results to
differ materially from those in such forward-looking statements.
Potential risks and uncertainties include, but are not limited to,
Phone.com's limited operating history, potential fluctuations in the
company�s operating results, uncertainties related to the
company�s long sales cycle and reliance on a small number of
customers, the company�s dependence on the acceptance of its
products by network operators and wireless subscribers, the
company�s ability to adequately address the rapidly-evolving market
for delivery of Internet-based services Shinsegi Telecom Selects
Phone.com WAP Platform for Korean Market
through wireless telephones, the need to achieve widespread
integration of Phone.com's browser in wireless telephones, competition
from companies with substantially greater financial, technical,
marketing and distribution resources and the ability of Phone.com to
manage a complex set of engineering, marketing and distribution
relationships. Further information regarding these and other risks is
included in Phone.com's prospectus dated June 10, 1999 and in its
other filings with the Securities and Exchange Commission.
# # #
The Phone.com name and logo and the
family of terms carrying the �UP.� prefix are trademarks of
Phone.com, Inc. All Rights Reserved. All other company, brand and
product names may be marks that are the sole property of their
respective owners.
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