Axesstel Launches HSUPA Mini ExpressCard
* Reuters is not responsible for the content in this press release.
- Expands Product Portfolio to WCDMA/HSPA - SAN DIEGO--(Business Wire)-- Axesstel, Inc. (AMEX:AFT), a leader in the design and development of fixed wireless voice and broadband data products, launches the EU230 HSUPA Mini ExpressCard/34 for High-Speed Uplink Packet Access (HSUPA) networks. The EU230 Mini Card enables mobile broadband access to advanced HSUPA networks from any device with ExpressCard/34 slot, USB connector, or Wi-Fi capability (using an additional Smart kit), and allows speeds of up to 7.2 megabits per second (Mbps). "This advanced modem is our first UMTS-based product and is one of the dozen new devices we are launching in 2008," said Clark Hickock, chief executive officer for Axesstel. "The ExpressCard expands our product portfolio beyond 3G to WCDMA/HSPA networks and increases our addressable markets. HSPA technology has a strong momentum right now, and we are targeting markets worldwide where WCDMA/HSPA is deployed. According to GSA, as of July 2008, 3G/WCDMA networks have been rolled out in 94 countries and 35 countries are deploying HSUPA networks, spread on all continents." "We have engineered the EU230 to address emerging and developed market demands and enable operators to meet strategic objectives. This Mini ExpressCard provides an advanced modem solution and Smart kit gives end-users the convenience of a personal gateway with backup battery support for email or Internet access anytime and anywhere, thereby helping operators increase average revenue per unit from data services," Hickock added. The EU230 is adaptable to various uses. It works with devices containing ExpressCard/34 Slot type and can connect to standard USB ports with a USB adaptor. An additional Smart kit that includes Wi-Fi and backup battery quickly converts the EU230 to an access point and creates a small hotspot. An embedded antenna supports tri-band UMTS/HSDPA frequencies and features receive diversity for optimized device performance and user experience. Homologation samples for ExpressCard and USB adaptor will be available in mid-August and homologation samples for Smart kit will be available in late October. About Axesstel, Inc. Axesstel (AMEX:AFT) is a recognized industry leader in the design and development of fixed wireless voice and broadband data products. Axesstel's best in class product portfolio includes broadband modems, 3G gateways, voice/data terminals, fixed wireless desktop phones and public call office phones for high-speed data and voice calling services. The company delivers innovative fixed wireless solutions to leading telecommunications operators and distributors worldwide. Axesstel is headquartered in San Diego, California with a research and development center in Seoul, South Korea. For more information on Axesstel, visit www.axesstel.com. (C) 2008 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of Axesstel, Inc. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements relating to market penetration and conditions, product capabilities and the timing of new product introductions which may affect future results and the future viability of Axesstel. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important risk factors. Those factors include but are not limited to unforeseen manufacturing difficulties, unanticipated component shortages, competitive pricing pressures and the risk factors noted in Axesstel's filings with the Securities and Exchange Commission, such as the rapidly changing nature of technology and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Axesstel's products; product and customer mix, Axesstel's need to gain market acceptance for its products; the risks of primary dependence on a limited number of significant customers; potential intellectual property-related litigation; Axesstel's need to attract and retain skilled personnel; and Axesstel's primary reliance on its sole contract manufacturer. All forward-looking statements are qualified in their entirety by this cautionary statement, and Axesstel undertakes no obligation to revise or update this press release to reflect events or circumstances occurring after this press release. Company PR Contact: Axesstel, Inc. Alysia Lee, +1-858-625-2100 X310 alee@axesstel.com or Investor Relations Contact: Lippert / Heilshorn & Associates Kirsten Chapman/Cathy Mattison, +1-415-433-3777 cmattison@lhai.com Copyright Business Wire 2008
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters