Mitigo's CodePoint Makes Mobile Devices Smarter;
Enables Users to Access Information While They Are Mobile
PHOENIX, Feb. 11 /PRNewswire/ -- Today at DEMO 2002, Mitigo Inc., a wholly
owned subsidiary of International Wireless, Inc. (OTC Bulletin Board: IWIN),
unveiled CodePoint, a software solution that allows mobile phones, PDAs, and
emerging wireless devices to read visual symbols such as barcodes and complex
matrix codes via integrated digital cameras.
CodePoint virtually eliminates reliance on the keypad for complex data
input and overcomes significant user interface barriers to mobile transactions
and content retrieval. A transaction that would normally take minutes using a
keypad, can now be completed in seconds using CodePoint technology. CodePoint
dramatically improves the usability and functionality of mobile devices by
allowing users to "point, click, and go" enabling precise navigation to
entertainment content, products, or information -- instantly.
CodePoint is based on patented technology in Mitigo's core products and a
result of more than seven years of intensive development by the company's
Chief Scientist, a Ph.D. from MIT with a concentration in Mathematics, and
leaders in machine vision and digital imaging technologies.
"Mobile commerce is one of the next big technology trends," stated Chris
Shipley, executive producer, DEMO. "Mitigo's innovative technology integrates
into today's mobile and wireless devices and will play a vital role in the
evolution of mobile commerce and information retrieval. We expect Mitigo's
offering to be successful in Japan and Europe where they are most receptive to
mobile commerce and in the United States where auto identification technology
provides for cost effective and practical business solutions."
"Visual symbol reading is a quantum leap forward for wireless devices,"
said Kevin Wells, president and CEO of Mitigo. "Mitigo is totally focused on
innovating 'visual intelligence' software solutions for wireless and mobile
devices. Our approach makes mobile devices 'smarter' by reading visual
symbols, enabling precise navigation to content, commerce, and applications.
Now, virtually any mobile device equipped with a low cost digital camera can
function as a barcode reader, opening up the floodgates for billions in
m-commerce revenues."
Making Mobile Devices 'Smarter'
Visual symbols provide a vital bridge to mobile commerce and content
retrieval by allowing devices to act instantly on dense and precise
information or navigational instructions. CodePoint enables users to input a
tremendous range of complex data without the aid of a keyboard or mouse and
allows users to access complex information while they are mobile. CodePoint
supports standard one and two dimensional barcodes and matrix code imaging at
both price/performance levels that are unattainable by laser-based
technologies. CodePoint uses the digital camera, processor, and storage
capabilities of the wireless or mobile device, and is a cost-effective way to
add important functionality to a mobile handset or PDA.
The CodePoint solution is designed to support both consumer and business
applications. Mitigo's software will be licensed to device manufacturers,
including producers of mobile handsets, PDAs and other devices, as well as
system integrators, VARs and OEMs.
Availability and System Requirements
CodePoint will be available at the end of March 2002 and is available for
the Windows CE, Palm, and Symbian platforms and can be customized for
additional operating systems.
For additional information on Mitigo or CodePoint, contact Mitigo via
telephone at 781.939.7252, via email at info@mitigo.com, or via the World Wide
Web at http://www.mitigo.com .
About DEMO 2002
The annual DEMO and DEMOmobile conferences focus on emerging technologies
and new products, which are hand-selected by executive producers Chris Shipley
and Jim Forbes from across the spectrum of the personal technology
marketplace. Top executives from the leading hardware and software technology
companies, venture capitalists, journalists from key industry publications and
industry analysts attend the DEMO and DEMOmobile conferences to preview the
most promising products and technologies for the coming year. DEMO is held in
February each year and features approximately 60 new companies, products and
technologies. DEMOmobile is held each fall and features approximately 35 new
mobile technologies. For more information, visit http://www.idgef.com/ .
About Mitigo Inc.
Founded in 2001, Mitigo, Inc. ( http://www.mitigo.com ) develops software
solutions that allow mobile phones, PDAs, and other wireless devices to read
visual symbols such as barcodes and matrix codes. Mitigo's advanced software
solutions are ideal for wireless devices where the use of laser-based
technology is impractical and are superior at accurately reading symbols in
"real world" conditions. Mitigo's technology eliminates virtually all data
entry via a keypad, a fundamental user interface barrier to adoption of mobile
commerce. The patented technology in Mitigo's core products result from more
than seven years of intensive development by the company's Chief Scientist, a
Ph.D. from MIT with a concentration in Mathematics, and leaders in machine
vision and digital imaging technologies. Mitigo currently markets its
products worldwide from its offices in Woburn, Massachusetts. Mitigo is a
wholly owned subsidiary of International Wireless, Inc.
(OTC Bulletin Board: IWIN) ( http://www.international-wireless.com ).
"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act
of 1995
This press release contains forward-looking information within the meaning
of Section 21E of the Securities Exchange Act of 1934, including statements
regarding any potential sales of products as well as statements that include
the words "believes," "expects," "anticipates," or similar expressions. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause the actual results, performance or achievements
of International Wireless, Inc. ("International Wireless"), to differ
materially from those implied or expressed by such forward-looking statements.
Such factors include, among others, the risk factors included in International
Wireless's Annual Report on Form 10-K for the fiscal year ended December 31,
1999 and any subsequent reports filed with the Securities and Exchange
Commission under the Exchange Act. This press release speaks as of the date
first set forth above and International Wireless assumes no responsibility to
update the information included herein for events occurring after the date
hereof.
SOURCE Mitigo Inc.
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Related links:
http://www.international-wireless.com
http://www.mitigo.com
CONTACT:
media, Meryl Franzman, +1-617-739-1769,
franzman@beyondwords.com; or investors, Greg Laborde of
International Wireless, Inc., +1-201-333-7507,
glaborde@international-wireless.com
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