MILPITAS, Calif., June 22, 2004 (PRIMEZONE) -- Kineto Wireless (www.kinetowireless.com), a key innovator and leading supplier of Mobile over Wireless LAN (MoWLAN) solutions, has been named one of Telecommunications Magazine's 2004 Coolest New Companies for the annual Hot Startup award. Despite the still difficult telecom climate, the editors were able to find 10 companies with what they felt were the ingredients for success: strong financial backing, marketing savvy, proven leadership talent, and a product/architecture concept with the ability to make a strong impact in the telecom industry.
"Who hasn't thought about the concept of making a wireless phone your only phone? However, lots of barriers exist to prevent individual users as well as businesses from making this leap," said Sue O'Keefe, editor in chief, Telecommunications Magazine. "With its MoWLAN solution, Kineto is breaking down these barriers by allowing mobile subscribers to roam seamlessly between mobile networks and WLANs located within homes, office and hot spots. The company also takes this concept to the next level by helping operators ensure service quality is consistent across the networks and locations."
"Kineto Wireless is honored to receive this award from the editors at Telecommunications Magazine," said Ken Kolderup, vice president of marketing, Kineto Wireless. "Recognition from the editorial community provides us with a great competitive advantage as we deliver our award winning solution to the carrier community and enable them to capitalize on the next big opportunity in the wireless."
Mobile over Wireless LAN (MoWLAN) solutions enable service providers to leverage VoIP and WLANs to deliver high-performance mobile voice and data services indoors at significantly lower cost. By deploying a MoWLAN solution, service providers can allow their subscribers to roam seamlessly between mobile networks and WLANs with a single handset for voice and data services. Now, subscribers can use their mobile as their main phone and enjoy mobile communication everyday everywhere.
The award was presented by Telecommunications Magazine at the Hot Start-Ups awards breakfast at SuperComm trade show in Chicago where Kineto Wireless is speaking on the Wireless Network Directions, Solutions and Future panel on Wednesday, June 23 at 11:00 a.m.
About Kineto Wireless
Kineto Wireless delivers solutions that enable the convergence of the highest growth areas in communications (mobile, VoIP and WLANs) and create the next big opportunity. Kineto's Mobile over WLAN (MoWLAN) solution enables service providers to deliver high-performance mobile voice and data services over WLANs located within homes, offices and hot spots at significantly lower cost than existing 2.5 and 3G mobile network technologies. As a result, subscribers can use their mobile phone as their primary, if not only, communications device. As an international company, Kineto Wireless does business with leading service providers, handset suppliers and infrastructure providers worldwide. For more information about Kineto Wireless, please visit www.kinetowireless.com.