Subject: [NEXTEL-1] Fastmobile and Samsung Announce a Strategic Partnership Agreement to Enable Push-To-Talk

From: Marcelrf <[email-masked]>
Date: Mon, 01 Mar 2004 10:02:50 -0500

Fastmobile and Samsung Announce a Strategic Partnership Agreement to
Enable Push-To-Talk and
Instant Communication in Samsung's Next Generation Devices

CANNES, France, Feb. 24 /PRNewswire/ -- fastmobile Inc., the first company to commercially offer a worldwide push-to-talk (PTT) and presence based Instant Communication service, and Samsung Electronics Co., the third largest wireless handset manufacturer in the world announced today an agreement to enable fastmobile's fastchat Instant Communication technology in Samsung's Mobile Intelligent Terminals (MITs). fastmobile further announced that the two companies plan to jointly develop marketing and communication programs aimed at the mobile communications market.
fastmobile has developed a multi-modal Instant Communications solution that has been commercially available to European customers since early last year.  fastchat introduced its PTT features in the United Kingdom February of last year and began offering in the United States last May. fastchat is a ground-breaking mobile phone application that combines global walkie talkie functionality with advanced multimedia messaging features.
Key among its differentiating capabilities is fastchat's one-to-one and group-based push-to-talk feature that instantly connects subscribers virtually anywhere in the world. fastchat goes beyond phone-to-phone push-to-talk, allowing users to send instant voice/text/picture/video messages to friends and colleagues at their PC via email or popular instant messaging services.  And by seamlessly integrating all forms of multimedia messaging, fastchat makes exchanging text, picture and video messages with phone and PC users quick, easy, and fun.
Kang Lee, CEO and co-founder of fastmobile announced, "We are very
pleased
to partner with Samsung. We are excited to see our technology married to
Samsung's emerging product lines. This deal offers our respective companies' customers exciting and unparalleled services and products bound to enhance the end user's experience, and to add alternative revenue streams for our carrier partners."
Samsung continues to rollout head turning mobile devices worldwide and is one of the only companies among the top players that was able to grow its recent market share with its attention to customer and consumer demands.
"We
believe fastchat's instant connect features will enhance the user
experience
of our phones," said H. Woo Kim, Vice President of Samsung Electronics,
adding
"the synergy of the technologies will provide consumers a way to stay in
touch, chat, exchange media, and have fun without boundaries and with natural and intuitive ease."
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in telecommunications, semiconductor, flat panel display and digital convergence technology.
Samsung
Electronics employs approximately 75,000 people in 89 offices across 47 countries.  The company is the world's largest producer of CDMA mobile phones, memory chips, TFT-LCDs, monitors and VCRs.  Samsung Electronics consists of five main business units: Telecommunication Network Business, Digital Media Business, Semiconductor Business, LCD Business and Digital Appliance Business.
About fastmobile Inc.
fastmobile Inc. is a privately held venture backed company headquartered
in Chicago, IL USA. fastmobile develops, hosts and distributes innovative instant communication services that optimize one-to-one and group interactions between mobile consumers. Built on a patent pending technology platform developed over a period of nearly three years, services operate globally on 2.5 and 3G mobile networks and enable customers to communicate with friends, family or other communities anywhere in the world.  fastmobile markets and delivers its services in Europe through its UK-based wholly owned subsidiary company, fastmobile Ltd.

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