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INTERNATIONAL WIRELESS MITIGO INC. RECEIVES HIGH PROFILE PRESS COVERAGE
International Wireless, Inc.'s subsidiary Mitigo was recently featured by high profile journalists in several publications including, The Boston Globe, CNN.com, and USA Today. Mitigo was also highlighted on CNNs Next At CNN as one of the most innovative technologies in mobile commerce. Mitigos entire press coverage can be viewed at www.mitigo.com or www.international-wireless.com.
Contacts:
International Wireless, Inc.
James Quinn
781.939.7252
jquinn@international-wireless.com
Mitigo Inc.
Meryl Franzman
617.739.1769
mfranzman@mitigo.com
INTERNATIONAL WIRELESS MITIGO INC. RECEIVES HIGH PROFILE PRESS COVERAGE
Coverage in The Boston Globe, CNN.com, Next At CNN, and USA Today
FOR IMMEDIATE RELEASE
Woburn, MA, March 6, 2002 -- Today, International Wireless, Inc., (OTC-BB:IWIN) announced that its subsidiary Mitigo Inc., an innovator in visual intelligence software solutions for wireless and mobile devices, was recently featured by high profile journalists in several publications including, The Boston Globe, CNN.com, and USA Today. Mitigo was also highlighted on CNNs Next At CNN as one of the most innovative technologies in mobile commerce. Mitigos entire press coverage can be viewed at www.mitigo.com or www.international-wireless.com.
Since introducing CodePoint last month, Mitigo has received tremendous coverage in prestigious newspapers, magazines, and on broadcast media," stated Stanley A. Young, co-founder and chairman of the board, International Wireless. Mitigo expects to close its initial contracts within days. We are looking forward to Mitigos continued success."
Mitigo launched its software solution, CodePoint, at the 12th annual DEMO conference last month. DEMO is the industry's premier launch platform for new technology products. The conference brought together the opinion leaders in the technology industry to witness the launch of the year's most compelling new products and companies.
Mitigo is a developer of software solutions that allow mobile phones, PDAs, and other wireless devices to read visual symbols such as barcodes and matrix codes. Mitigos 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.
For additional information on International Wireless, contact International Wireless via telephone at 781.939.7252 or via the World Wide Web at www.international-wireless.com. 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 www.mitigo.com.
About International Wireless, Inc.
Established in 2000 as a technology holding company, International Wireless, Inc. (OTC Bulletin Board: IWIN; http://www.international-wireless.com) focuses on acquiring software companies in the wireless space that are poised for growth. International Wireless shepherds wireless software companies that are ready to capture business opportunities in wireless technology, positioned for profitability within 12 months, and whose strengths will enhance and complement each other. International Wireless assists these companies as they grow to profitability and industry leadership while delivering diversification, liquidity, and return to investors.
About Mitigo Inc.
Founded in 2001, Mitigo, Inc. (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. Mitigos 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. Mitigos technology eliminates virtually all data entry via a keypad, a fundamental user interface barrier to adoption of mobile commerce. The patented technology in Mitigos core products result from more than seven years of intensive development by the companys 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-BB:IWIN) (www.international-wireless.com).
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"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 Wirelesss 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.
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