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Zi CORPORATION
NEWS RELEASE
For immediate release (Calgary,
AB Canada)
February 3, 2000
Zi demonstrates product reach with ISDN phone integration
Calgary, AB (Feb. 3, 2000) — Zi Corporation (NASDAQ:
ZICA) (TSE: ZIC) today announced it has licensed its intuitive
embedded language software, eZiText™, to Telecom Technology
Centre, Co. Ltd. (TTC). The agreement allows TTC to use
eZiText™ to input Chinese and English on their ISDN phone.
ISDN is a high-speed, fully digital telephone service that can
dramatically increase the speed of information transfer over
the Internet or over a remote LAN connection.
“The implementation on an ISDN phone demonstrates the
broad range of application for Zi’s technology and opens
up our business into the ISDN industry,” says Tomson Lee,
marketing director for Zi Corporation.
“We anticipate rapid growth of the ISDN market in China,
driven by attractive pricing and incentives for subscribers,”
says K.Y. Leung, senior project manager at Telecom Technology
Centre. “With the integration of eZiText™ into our
proven design solutions, we are in an excellent position to
offer user-friendly ISDN phones to the Chinese population.”
TTC is an ISDN platform reference design provider selling to
a number of original equipment manufacturers in China.
TTC expects their customers to begin production of the ISDN
phone this year. TTC is based in Hong Kong and funded
by the government of the Hong Kong Special Administrative Region.
TTC’s mission is to provide electronics design solutions
for telecom products to its customers in Hong Kong and the People’s
Republic of China.
Zi Corporation is a leading provider of embedded software technology
and educational products. The company’s eZiText™
input software is licensed in numerous languages for information
and Internet appliances such as mobile phones, PDAs and TV set-top
boxes. Zi’s common shares trade on both the Toronto
Stock Exchange (ZIC) and the NASDAQ stock market (ZICA).
Zi markets its technology through strategic partnerships worldwide
from offices in Calgary, Beijing, Hong Kong, Stockholm and San
Francisco.
Certain statements in this press release constitute
“forward-looking statements” within the meaning
of the Private Securities Litigation Reform Act of 1995 including,
without limitation, statements concerning the anticipated benefits
to Zi Corporation of its agreement with the licensee (the “Licensee”)
described herein. The expected inclusion of Zi Input technology
in products developed by the Licensee and potential revenue
therefrom involve risks, uncertainties and other factors which
may cause the actual results, performance or achievements of
Zi Corporation to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Such factors include uncertainties in the
ability to successfully collaborate with the Licensee; the ability
of Zi Corporation to successfully design, develop, and deliver
any application that complies with the Licensee’s specifications
and is accepted by the Licensee; the ability of Zi Corporation
to successfully meet specific delivery dates set forth by the
Licensee; the ability of Zi Corporation to successfully integrate
and maintain compatibility with the licensee’s technology;
possible failure to continue to be selected as the text input
enabling technology by the Licensee; the ability of the Licensee
to successfully market and distribute any of its products incorporating
Zi technology; economic conditions in Asia; the risks of doing
business in foreign countries including China; and the risks
and uncertainties referred to in Zi Corporation’s Form
20-F for the most recent calendar year end as filed with the
U.S. Securities and Exchange Commission. There can be
no assurance that Zi Corporation will achieve commercial success
through the agreement described herein.
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