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NEWS FLASH
2000 - 23 (July 2000) ACQUISITIONS, MERGERS & AGREEMENTS interWAVE Acquires Microcellular Systems to Capitalize on Wireless Enterprise Following its recent purchase of assets from 3C Limited of Hong Kong, interWAVE® Communications International, Ltd. acquired 100 per cent of outstanding shares in Microcellular Systems. The acquisition will support interWAVE’s strategic position to capitalize on the growth of the wireless enterprise and wireless Internet. The company will strengthen its global team with expertise to plan and deploy wireless corporate networks and the development of applications. In addition, interWAVE gained 20 percent equity in Propylan, Ltd., delivers WAP software to the wireless corporate environment. Proplyan has recently developed an infrastructure platform enabling direct wireless access to corporate intranets. InterWAVE plans to leverage Propylan’s expertise to expedite its corporate strategy.
For more information: Mobileinfo Comments and Advisory: Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures. All trademarks used in this summary are the property of their respective owners. NEWS
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