News release |
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Zi Corporation secures seventh Korean contract
Calgary, AB (February 15, 2001) - Zi Corporation (NASDAQ: ZICA) (TSE: ZIC) has licensed its eZiText™ solution to Telson Information and Communications Co., Ltd. for use in both GSM and CDMA platforms. Telson currently ranks third in terms of Korean handset production, with the capacity to produce 400,000 wireless handsets per month.
"eZiText™ is a key element in our product differentiation and export strategy," said C.S. Lee, senior managing director, Telson. "Telson's goal for 2001 is to export more than two million handsets in total, supplying CDMA handsets to Latin America and China and GSM handsets to China and Europe."
eZiText™ will initially be implemented in English, Spanish, Portuguese and Chinese, with other languages to follow. Telson has already secured orders for GSM handsets, which will be sold in China, Hong Kong, Taiwan and other Southeast Asian countries. Telson has also arranged an export agreement to distribute Telson handsets in France, Spain and Italy.
"Zi now has agreements with Telson and LG Electronics, representing two of the three top Korean manufacturers, as well as agreements with Wide Telecom, Hutel, Standard Telecom, Sewon and GTRAN," says Gordon Tsang, regional sales manager, Zi Corporation. "With a recently completed implementation on GTRAN handsets, Zi has proven that it delivers the language expertise and engineering support Korean manufacturers need."
Founded in 1992, Telson is one of Korea's leading suppliers of pagers and wireless handsets. Since 1997, the company has focused on developing CDMA products. Telson has supplied devices to markets in Korea, the United States and Latin America, totaling 1.7 million units in 2000. Telson's net sales for 2000 was over US$308 million.
Zi Corporation is a market-driven technology company focused on developing and delivering intelligent interface solutions and services for the wireless and consumer electronics sectors. The company's core technology product, eZiText™ connects people to short messaging, e-mail, e-commerce, Web browsing and similar applications in almost any written language. The company's service division provides market-leading engineering design in Bluetooth, VoIP and man-machine interface. Zi supports its strategic partners from offices in Calgary, Beijing, Hong Kong, San Francisco, Shenzhen, Stockholm and Tokyo. A publicly traded company, Zi Corporation is listed on the NASDAQ National Market (ZICA) and the Toronto Stock Exchange (ZIC).
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For further information, please contact:
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Diane Phillips Zi Corporation Manager, Investor Relations and Communications Phone: 403 231 4575 investor@zicorp.com www.zicorp.com |
C.S. Lee Telson Information and Communications Co., Ltd. Senior Managing Director Phone: 82 2 8800 703 cslee@telsonic.co.kr www.telson.co.kr |