SAN DIEGO, March 16, 2010 (GLOBE NEWSWIRE) -- Axesstel (OTCBB:AXST), a leading provider of fixed wireless voice and broadband data products, will demonstrate its high performance MV440 Wi-Fi broadband gateway and TX240G fixed wireless voice terminal with AGPS/E911 service designed for landline replacement, and exhibit its diverse product line of broadband modems, 3G and VoIP gateways, fixed wireless phones and terminals, and machine to machine alarm devices based in 2G and 3G GSM and CDMA technologies at the CTIA International Wireless 2010 on March 23-25 at Booth 3723.
"Our versatile best in class product portfolio provides competitive advantages to standard wireline service," said Clark Hickock, chief executive officer for Axesstel. "We are working with Tier 1, 2, and 3 network operators and distributors to supply those markets with our dependable, cost-effective mobile broadband router solutions for DSL replacement and Wi-Fi hotspots. Our fixed wireless phone and terminal products offer an innovative solution for fixed line replacement by enabling the user to plug in a regular landline phone and make or receive calls."
"In 2009, we expanded our access in U.S. markets when the popular MV440 Wi-Fi broadband gateway was approved as Verizon Wireless Network Ready through its Open Development Initiative. The MV440 is an ideal device for small office home offices (SOHO), merchants, small and medium businesses (SMBs) and other applications such as the recreational vehicle and maritime industries, remote workforce, emergency response, and more, where the ease of purchasing and deploying the gateway provides attractive benefits. We are excited to continue expanding our relationships and showcase our offerings at CTIA," added Hickock.
At CTIA, Axesstel will conduct a live demonstration of the following products:
- MV440 (800/1900 MHz) EV-DO Rev A Gateway: Verizon Wireless Network Ready, the MV440 seamlessly combines wireless wide area networking (WWAN), a Wi-Fi wireless local area network (WLAN) router and a four port Ethernet switch to provide wireless broadband data access in one easy to use, plug-and-play desktop networking device.
- TX240G CDMA Fixed Wireless Voice Terminal: Offers landline replacement with AGPS/E911 service and supports up to 5 phones with dial-tone through an entire home; includes advanced features such as voicemail, caller ID, call waiting, call forwarding and three-way calling.
| AXESSTEL at International CTIA Wireless 2010 | |
| March 23-25 | |
| Booth No. 3723 | |
| The Las Vegas Convention Center |
Axesstel will display its full line of fixed wireless phones and terminals, broadband modems and wireless gateways including its HSPA products. It will also showcase AxessGuard™, the unique and inexpensive M2M security system for residences or small businesses.
About Axesstel, Inc.
Axesstel (OTCBB:AXST) is a globally 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 and VoIP gateways, machine to machine applications, 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. For more information on Axesstel, visit www.axesstel.com.
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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.