Axesstel, Inc. (AMEX:AFT), a leader in the design and development of fixed wireless voice and broadband data products, will debut the new PV500 Series of CDMA2000 1xEVDO Rev. A Fixed Wireless Phone at CommunicAsia 2008 in Singapore, June 17th to 20th in booth 4E3-01 of the U.S. International Pavilion. Axesstel will also display its current product portfolio, including 3G broadband modems and gateways plus GSM and CDMA fixed wireless phones and terminals that leverage a wide range of wireless technologies.
Clark Hickock, CEO of Axesstel, said, “In conjunction with our continuous strategic sales investment in Asia-Pacific in 2008, we have selected the premier information and communications technology event in the region to kick off our promotion of the first EVDO Rev. A fixed wireless phone on the market. Axesstel offers cutting edge fixed wireless products that leverage CDMA2000 1xEVDO technology, and we are excited about the opportunity to engage more operators in Asia, where the roll out of high speed EVDO networks is accelerating. The PV500 series meets user demand for both voice and internet access in one device and offers operators a competitive advantage for gaining business in a more data driven market. We are already experiencing strong demand from other regions and look forward to working with operators in Asia that need convenient and flexible solutions for expanding their services and gaining market share.”
Axesstel’s high quality, low cost and highly customized products utilize technologies enabled by the convergence of broadband data, wireless voice and wireless networking. In the new PV500 Series, feature-rich voice and high speed data communications are combined with the cutting edge technology of receive diversity for optimized device performance and user experience. The PV500 provides a superior quality phone and a simple, cost-efficient way to access high-speed data service. It also features a large graphic LCD display panel, text messaging, standard USB interface and a quality built-in FM tuner in one compact device. Homologation samples will be available by the end of June.
ABOUT COMMUNICASIA
CommunicAsia has been transforming the technology and business landscapes since 1979. Reflecting the synergistic trend in the infocomm and digital media industries, the show features the full spread of convergent technologies and applications from industry leaders intended to enhance enterprises' mobility and users' lifestyle. CommunicAsia Exhibition and Summit serves as a global platform for top operators, service providers, regulators, vendors and consultants to network, exchange industry best practices and shape the future of technology.
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.
© 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.
Contacts:
Axesstel, Inc.
Alysia Lee,
+1-858.625.2100 X310
alee@axesstel.com
or
Investor
Relations Contact:
Lippert / Heilshorn & Associates
Cathy
Mattison, +1-415.433.3777
cmattison@lhai.com
