MILPITAS, Calif., May 17, 2005 (PRIMEZONE) -- Kineto Wireless announced today that it has been named to FierceWireless' annual Fierce 15 list. This distinction honors Kineto as one of the top 15 emerging wireless companies for 2005. FierceWireless, an internationally recognized email newsletter covering the wireless and mobile Internet market, evaluated more than 400 privately-held firms based on company vision, revenue potential, quality of deals, strength of technology, partnerships, and competitive market position.
"Kineto Wireless is leading the UMA movement in mobile VoIP," said Stephen Wellman, of FierceWireless. "The company's technology promises to bring WiFi access to new cell phones, bringing true cellular/WiFi convergence to the wireless market."
Kineto has played a vital role in the development of Unlicensed Mobile Access (UMA), the 3GPP standard for cellular/WiFi convergence. Kineto's technology allows mobile phones to operate on both GSM and fixed WiFi networks providing mobile VoIP services and broadband access to IMS applications like streaming video and music downloads. Fixed/mobile convergence and IMS are widely seen as key elements in the wireless industry's evolution, and Kineto is a pioneer on both fronts.
"We are pleased to receive this award from Fierce Wireless," said Mark Powell, founder and vice president of business development for Kineto Wireless. "Membership in the Fierce 15 underscores the value of Kineto's innovations, and it reminds us that our diligent efforts are having a significant positive impact in the wireless industry." The Fierce 15 celebrates the spirit of being "fierce" - championing innovation and creativity, even in the face of intense competition. The list of Fierce 15 companies is available in today's issue of FierceWireless and on the FierceWireless Web site at http://www.fiercewireless.com.
About FierceWireless
FierceWireless, an internationally recognized email newsletter for the wireless industry, provides more than 60,000 executives in over 100 countries a quick, authoritative briefing on the day's top wireless stories. Visit http://www.fiercewireless.com for additional information.
About Kineto Wireless
Kineto Wireless is the key innovator and leading supplier of UMA (Unlicensed Mobile Access) Technology. With a UMA-enabled network, mobile and fixed line operators can provide a seamless, high-performance mobile voice, data and IMS experience on both cellular and Wi-Fi networks. As the leading provider of UMA Technology, Kineto supplies core network solutions through OEM partnerships with major network infrastructure providers. Kineto also provides UMA-compliant software, development tools and support services to mobile silicon/stack suppliers, mobile handset developers and broadband terminal adapter/wireless access point vendors. Kineto's solutions conform to the open UMA technology specifications, now part of 3GPP Release 6 and endorsed by major fixed line and mobile operators worldwide. For more information, please visit www.kineto.com.