11/3/2004 - Snocone Systems Inc. (OTCBB: SCOS), an innovator of wireless solutions, is pleased to announce the purchase of all rights to RISKebiz Internet Services Inc.'s ("Riskebiz") RISKeye Mobile Viewing and Surveillance Technology ("RISKeye").
RISKeye mobile technology allows users to monitor closed-circuit television (CCTV), webcams and remote surveillance cameras from their CellPhone through Openwave's widely used WAP 2.0 browser, enabling the application to function on a broad number of handsets worldwide without the need for client side software downloads. One of the largest advantages of this technology is the ability to zoom in on specific images or objects without losing detail in picture quality, thus enabling the user to pinpoint an object or person in the image frame using a numbered grid pattern for precision zooming. Once the object or person is selected on the grid, the image can then be zoomed in several times for complete detail without sacrificing resolution or picture quality. This can all be done without any additional software using virtually any CellPhone available on the market today. For an example of this, please refer to the PowerPoint presentation on Snocone's corporate website.
This agreement gives Snocone exclusive, perpetual, worldwide rights to publish, market, advertise and promote the RISKeye Mobile Applications. RISKebiz will be contracted by Snocone Systems to perform system adjustments, upgrades and installations for the service.
Potential uses of the technology would be for home based webcams or security camera monitoring, websites that offer streaming videos to their customers, security and police organizations that could use the applications in the field by applying CCTV shots or video feed captures to their CellPhones. This would enable officers to patrol and view different live camera images sent straight to their CellPhones while doing patrols. Furthermore, officers could be sent images of suspects, stolen cars or kidnapping victims in real-time straight to their mobile device, helping to improve the response time, information dissemination and positive ID's when tracking victims or suspects. Other uses of the technology could apply to the entertainment industry where customers currently view streaming video to their computer. Our technology takes this a step further enabling customers to view images captured from cameras in real-time, on their CellPhones, whenever and wherever they want.
In exchange for this exclusive technology, RISKebiz will receive one million restricted shares of Snocone's common stock to be held in escrow for a period of up to two years commencing on the date of this agreement.
Snocone also announces that Mr. Kevin Day has been appointed Snocone's Chief Technology Advisor. This will enable Snocone to take advantage of Mr. Day's expertise in various aspects such as marketing, corporate sales and contracts as well as overseeing application development for the company's mobile solutions. Mr. Day is the President and majority owner of RISKebiz Internet Services Inc.
About Snocone Systems Inc.
The wireless market was pioneered in Europe and Japan, and has come to North America in the past year with the availability of more advanced cellular phones and wireless carriers eager to develop new revenue streams. Recognizing this market opportunity, Snocone began exploring innovative wireless solutions two years ago with the aim of creating a portfolio of wireless technologies and applications. To date we have successfully developed wireless mobile applications that can be used in many areas such as Homeland Defense, mobile security, online entertainment, web monitoring, wireless mobile surveillance and professional sports to name a few. The Company looks forward to continually strengthening its base and bottom line through suitable applications that it deems to fit its strict criteria for extensive growth in major market sectors. Snocone's web site is located at www.snoconesystems.com.
Previous Page | News by Category | News Search
If you found this page useful, bookmark and share it on: