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Public Companies : Telecommunications


Calypso Wireless, Inc. Announces Patent Issuance in 26th and 27th European Country for Its ASNAP(TM) Technology

Nov 21, 2008 - 3:36:01 AM

News Source MARKET WIRE

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HOUSTON, TX -- (Marketwire) -- 11/21/08 -- Calypso Wireless (PINKSHEETS: CLYW) todayannounced that it has been granted its Patent in two additional EuropeanCountries. The Patents were granted in Spain and in Slovenia (Publication#1533943) titled "Communication System and Method." These patents are forCalypso's proprietary ASNAP™ technology, which enables the convergence ofCellular and WiFi networks, allowing a user to seamlessly switch andconnect from either a Cellular Network or a Wireless Local Area NetworkAccess Point (WLAN), seamlessly without the user noticing the change.

Calypso's proprietary ASNAP™ technology is now firmly secured in the UnitedStates, Mexico, and in these 27 European countries:

Austria           Finland          Italy            SlovakiaBelgium           France           Liechtenstein    SloveniaBulgaria          Germany          Luxembourg       SpainCyprus            Great Britain    Monaco           SwedenCzech Republic    Greece           Netherlands      SwitzerlandDenmark           Hungary          Portugal         TurkeyEstonia           Ireland          Romania

The executive management team at Calypso expects our patent portfolio tocontinue to grow as additional countries grant our patent. "Growing thepatent portfolio is a key element of Calypso's business plan, and theprimary goal is to license our technologies to others through meaningfullicensing agreements," states Calypso's President, Richard Pattin. Calypsois in the process of seeking licensors of its proprietary ASNAP™ technologyin the U.S. and internationally.

Additionally, when necessary, Calypso will bring litigation againstinfringing parties with the help of Williams Kherkher law firm. We recentlyannounced a patent infringement complaint (Case 2:08-cv-00441) againstT-Mobile USA, Inc. ("T-Mobile"), the mobile communications operatingsubsidiary of Deutsche Telekom AG (NYSE: DT), in The United States DistrictCourt for the Eastern District of Texas, Marshall Division in Marshall,Texas.

The shareholders meeting scheduled for Tuesday, December 2nd is beingpostponed due to the current economic situation. We expect to reschedulethe meeting within six weeks.

About Calypso

Calypso Wireless' patented ASNAP™ technology enables the seamless roamingof voice, video and data between Wide Area Network access points, such ascellular towers and short-range Internet access points (such as Wi-Fi,Bluetooth, etc). ASNAP™ also greatly enhances services such as broadbandconnectivity, real time two way video conferencing, VoIP and network-basedgaming applications via Calypso's cellular phones, PDAs or any mobiledevice powered with ASNAP. For more detailed about Calypso Wireless,please visit: www.calypsowireless.com.

Forward-Looking Statement

Certain statements in this release are forward-looking statements, whichinvolve a number of risks, uncertainties, assumptions and other factorsthat could cause actual results to differ materially from those in suchforward-looking statements. All statements, other than statements ofhistorical fact are statements that could be deemed forward-lookingstatements, including but not limited to the statements containing thewords 'planned,' 'expects,' 'believes,' 'strategy,' 'opportunity,''anticipates,' 'hopes' or other similar words. There can be no assurancethat the forward-looking statements made herein will prove to be accurate,and issuance of such forward-looking statements should not be regarded as arepresentation by the Company, or any other person, that the objective andplans of the Company will be achieved. All forward-looking statements madeherein are based on information presently available to the management ofthe Company and the Company does not undertake to update anyforward-looking statement that may be made from time to time by or onbehalf of the Company.

Contact:
Calypso Wireless, Inc.
Richard Pattin or Cristian Turrini
Ph. 281-362-2887
Email Contact
http://www.calypsowireless.com



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