AirTouch Communications Receives Certification of HomeConneX Product in 16 African Nations
(Marketwire Via Acquire Media NewsEdge) NEWPORT BEACH, CA -- (MARKET WIRE) -- 03/07/12 --
AirTouch Communications, Inc. (OTCBB: ATCH) (www.airtouchinc.com), a designer and marketer of wireless telecommunications devices, today announced the certification of the Company's X500 and X1500 HomeConneX products for use on the Vodafone communications networks throughout the 16 countries of the Economic Community of West African States (ECOWAS).
AirTouch provides a unique telecom solution, particularly in countries where cost and geography have limited the deployment of landlines. AirTouch devices combine cordless phone technology with up to 10 times more wireless signal amplification, while safeguarding against possible hazards of microwave radiation from cellular phones to sensitive human tissues. Home and office users will be able to enjoy services, including voice, text (SMS) and data with no landlines and no computers by using AirTouch Communications' patent protected line of products.
"We believe this certification by Vodafone demonstrates the potential widespread market demand and acceptance of AirTouch phone devices," stated AirTouch CEO Hide Kanakubo. "The shipments of our X500 and X1500 products in Africa come after successfully establishing a joint venture in China to pursue purchase orders from Chinese carriers, certification by Verizon Wireless of our X1500 and the expansion of our footprint in the U.S. through the Verizon Wireless independent dealer network. We are very excited to begin selling to Vodaphone, which puts us one step closer towards our goal of becoming the premier wireless telecommunication device option in emerging markets, particularly those with large rural populations that will likely never have adequate landline service."
Vodafone is the world's largest mobile telecommunications company, measured by revenues, and the world's second-largest measured by subscribers, after China Mobile. Vodafone owns and operates networks in over 30 countries and has partner networks in more than 40 additional countries.
Vodafone's actions follow extensive compatibility testing with their networks. Certification, also known as homologation, of the AirTouch HomeConneX products has also occurred for other countries' cellular networks in the ECOWAS.
About AirTouch® Communications
AirTouch® Communications, Inc. is engaged in the development and marketing of patented telecommunications devices capable of converging voice, data, video, security, entertainment and other advanced communications services from various service providers on one piece of hardware. We currently hold three patents for our unique combination of cordless telephone technology and wireless signal amplification which enables consumers and business to access voice, data, and other applications and services over the cellular wireless network. For further information about AirTouch Communications, please visit the web site: www.airtouchinc.com.
Forward-Looking Statement This press release contains forward-looking statements. These statements relate to future events or our future financial performance, including but not limited to statements regarding the success of our relationships with Vodaphone, the future distribution and sale of our telecommunications devices to the African market, the demand for our telecommunications devices in the U.S., Latin America and other developing countries, and our ability to obtain purchase orders from U.S. and African carriers. These statements involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements including but not limited to the recent receipt of orders from Vodaphone and the risk that orders from Vodaphone may not increase or continue, absence of any purchase orders from any other market, the absence of any agreements or commitments at this time on the part of any African carrier to purchase our telecommunications devices, the risk that our telecommunications devices may not be accepted by the African, U.S. or Chinese market or markets in other developing countries and those other risks set forth in our registration statement on Form S-1 filed with the SEC on December 1, 2011. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "would," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "projects," "potential" or "continue" or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. We undertake no obligation to update any of the forward-looking statements after the date of this release to conform those statements to reflect the occurrence of unanticipated events or otherwise, except as required by applicable law.
AirTouch® Communications, Inc.
Alliance Advisors, LLC
Thomas P. Walsh
Source: AirTouch Communications
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