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Zi CORPORATION
NEWS RELEASE
For Immediate Release (Calgary, AB Canada)
November 22, 1999
Zi licenses eZiTEXT ™ to Kenwood Corporation
Calgary, AB (Nov. 22, 1999) — Zi Corporation (TSE: ZIC;
NASDAQ: ZICA) is pleased to announce that it has entered into
a licensing agreement with Kenwood Corporation (Kenwood) of
Japan. Kenwood will integrate Zi’s predictive language
processing software, eZiTEXT™, across a range of cellular
phone platforms, beginning with Kenwood's new line-up of GSM
digital phones. The agreement covers the entire language offering
developed by Zi Corporation, including European languages, Chinese
and Japanese.
Kenwood is a major global electronics player whose main product
areas include audio appliances, car navigation products, radio
equipment, mobile telephone equipment and PC components. With
over 2,594 employees worldwide, the net sales of the company
reached ?57,419 million (USD$2.43 billion) in fiscal
year 1998.
Kenwood is a strong PDC and PHS cellular brand in the domestic
Japanese phone space, with about two million units sold per
year. It has just launched a new line of products for each major
mobile communications platform, including the EM618 series for
the GSM protocol. The line has been well received by European
and Asian operators, several of whom have entered into purchasing
contracts with the company.
eZiTEXT™ is a leading language processing technology
for consumer information appliances. It provides intuitive,
predictive power to allow a user to type quickly and intelligently
in any language on digital mobile phones, set-top boxes, hand-held
computers and other information portals.
“We will first implement eZiTEXT™ with our next
product releases in Europe and Greater China. Intelligent text
entry is a requirement of European operators for cell phones
supporting short messaging and more advanced data applications.
eZiTEXT™'s additional features enhance usability and performance.
In China too, this technology will help us market our product
line and access Chinese OEM customers,” said Mr. Toshitada
Asao, general manager, Overseas Mobile Communication Division
at Kenwood Corporation.
“Kenwood is a company with a global reputation for quality
and engineering excellence. eZiTEXT™ 's product features,
such as our unique word completion and auto-spellchecker functionality
in European languages, were key to Kenwood's endorsement of
Zi technology. This technology, initially developed for the
Greater China market, is now proving it handles very well for
Japanese and other Asian or European languages,” commented
Antoine Blondeau, senior vice president, Marketing & Sales
at Zi Corporation.
Zi Corporation is a software company making modern electronic
technology more accessible to people in a way that is consistent
with their language and culture. The company’s eZiTEXT™
input software is licensed in several languages for devices
ranging from mobile phones to 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 Beijing,
Hong Kong, Stockholm, San Francisco and Calgary.
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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For further information, please contact:
Kenwood Corporation
14-6,Dogenzaka 1-chome, Shibuya-ku
Phone: 81-3-5457-7120
Email: pr.qa@pr.kenwood.co.jp
Web site: www.kenwoodcorp.com
Karen Attwell
Zi Corporation
Manager, Investor/Media Relations
Phone: (403) 233-8875
Email: mailto:investor@zicorp.com
Web site: http://www.zicorp.com/
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