With the launch of AOP, we're witnessing a tremendous amount of energy and excitement among the innovative application developers, distributors, and forward-thinking users that comprise the Etelos ecosystem. Web 2.0 Expo gave us a great platform for connecting with the developer and business communities, and the recent merger will help take the Etelos platform to the next level
San Mateo, Calif. (PRWEB) May 1, 2008
Following its success at the Web 2.0 Expo in San Francisco, Etelos, Inc. (OTCBB: ETLO) is continuing to strengthen its position as a key innovator in the Web applications market. The company created a stir at the Web 2.0 Expo by announcing new technology and partnerships -- all designed to further optimize data ubiquity and application connectivity within the Etelos ecosystem.
At Web 2.0, Etelos unveiled and demonstrated Etelos AOP™ Beta, which gives businesses the revolutionary ability to access data whenever and wherever they choose -- offline, online and anytime. With Etelos AOP-enabled applications, offline users can enjoy their critical business Web applications without disruption as AOP manages potential conflicts between multiple users and their edits.
Etelos welcomed many new partners to the Etelos Marketplace™ as well. Empressr, eXpresso, 2Comma Sales, SMS Media Group and numerous companies that were part of the Web Mission 08 are now listed in the newly updated version of the Etelos Marketplace. New partners are appearing in the Etelos Marketplace regularly and are bringing a diverse array of Web applications to help businesses react with agility to solve problems.
"With the launch of AOP, we're witnessing a tremendous amount of energy and excitement among the innovative application developers, distributors, and forward-thinking users that comprise the Etelos ecosystem. Web 2.0 Expo gave us a great platform for connecting with the developer and business communities, and the recent merger will help take the Etelos platform to the next level," said Shelley Symonds, Etelos VP & Chief Marketing Officer.
Etelos recently announced the closing of a reverse merger into Tripath Technology Inc. and is now trading under the new stock symbol OTCBB: ETLO.
In conjunction with the availability of AOP Beta, Etelos filed multiple new patent applications for technology that enables browser-based applications to function offline, reconcile changes made while offline, and synchronize data with any other AOP-enabled applications when returning to the cloud. These technologies allow almost any browser-based application in the Etelos Marketplace to share data and interact with each other for unprecedented simplicity in collaboration.
With its open standards-based environment, Platform as a Service (PaaS) model, and the integrated Etelos Marketplace, Etelos is changing the way Web applications are developed, distributed, and consumed. Developers can license, host, and bill their applications on the Etelos Marketplace without any work at all. And with AOP Beta, they can now add offline access and the ability to share data with other AOP-enabled applications -- no additional coding or effort is required.
About Etelos, Inc.
Etelos (OTCBB: ETLO) provides on-demand browser-based applications on the hosting environment that you choose. Etelos™ technology for developing and deploying on-demand applications is revolutionizing the world of software distribution. The Etelos Marketplace™ gives developers an easy way to license, distribute and host their applications, and businesses a wide selection of fully customizable, on-demand applications. Etelos, Etelos CRM™, Etelos Projects™, and Etelos Marketplace are trademarks of Etelos, Inc.; other trademarks are the property of their respective owners. For more information about Etelos, please visit http://www.etelos.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Etelos' business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Forward-looking statements include, among other things, statements concerning the future financial performance of our company, the acceptance and capabilities of our products and services, the effect of the merger on our operations, the success and timeliness of our product, the success of our partners and relationships and platform roll-out and other statements qualified by words such as "anticipate," "believe," "intend," "may" and other words of similar import. These statements are neither promises nor guarantees, but involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including, without limitation: the market acceptance of the products and the success of the partnerships for the partner applications being demonstrated at the Web 2.0 Expo. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's reports that Etelos files periodically with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and Etelos undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.
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