9/28/2004 - e-SIM Ltd. (OTCBB: ESIM.OB), a leading provider of MMI (Man-Machine Interface) Solutions for wireless devices, announced that they have signed an agreement with a major DECT (Digital European Cordless Telephone) chipset manufacturer to bundle e-SIMís MMI Solution with their chipsets for DECT phones. As part of the deal e-SIM will receive initial revenues exceeding $750,000. Additionally, e-SIM expects to receive revenues from royalties paid for each handset sold that includes its technology.
The DECT chipset vendor has commissioned e-SIM to adapt e-SIMís comprehensive wireless handset MMI solution to meet the requirements of the growing DECT residential and enterprise markets which, according to a January 2004 DECT Forum report, grew 24% in 2003. With e-SIMís MMI Solution, DECT manufacturers will be able to bring highly attractive, advanced phones to market faster and more cost effectively. The companies expect millions of DECT handsets based on e-SIMís MMI to be shipped to the market starting next year.
More that 20 cellular handset manufacturers use e-SIMís Mobile MMI Solution to develop the distinctive MMIs of their cell phones. The solution, which includes a complete MMI reference design, a comprehensive set of RapidPLUSô development and customization tools, and a broad range of professional services to ensure the projectís success, enables the creation of simple, mid-range, or complex MMIs. MMI designers create the unique user interfaces on a PC from which C Code is automatically generated and embedded directly into the target device.
Marc Belzberg, CEO at e-SIM said, ďI am very pleased to announce our agreement. This marks e-SIMís entrance into the DECT phone market complementing our strong penetration into the cellular market and strengthening our royalty revenue stream sources. The versatility of our MMI solution will adapt well to the growing DECT market, allowing a range of MMIs to be developed that meet the demands of both residential and enterprise systems.Ē
Founded in 1990, e-SIM Ltd. (http://www.e-sim.com/) is a major provider of MMI (Man-Machine Interface) solutions for wireless and other electronic products. e-SIMís MMI solutions are used by a wide range of platform vendors and wireless handset manufacturers, including Texas Instruments, FreeScale (formerly Motorola SPS), Renesas, Sasken, NEC, Kyocera, BenQ, and others. e-SIMís MMI technology has been incorporated into millions of handsets on the market.
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