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Mobitex Technology AB

Mobitex Wireless Data Division Acquired From Ericsson

Gothenburg, Sweden (ots)

A UK investment group announces that it
has today acquired the Mobitex™ wireless data division of
Ericsson. The business, which operates from Gothenburg and has
approximately 100 employees, will be known as Mobitex Technology AB.
The strengths of Mobitex technology platform will enable the new
owners to establish an independent, highly focused business
delivering value to serve existing and new customers in target
sectors. Focus for the new owners will be the support and development
of existing networks, the continuous improvement of products and
services offered and the exploitation of new network opportunities
where the benefits of Mobitex technology provide true market
As part of the agreement between the companies, Mobitex Technology
AB will become an Ericsson Strategic Business Partner, and will also
share certain technology patents. Also as part of this agreement
Mobitex hardware will continue to be manufactured under contract by
Ericsson. In the immediate future the business will continue to
operate from Ericsson's premises at Lindholmen, Gothenburg, before
relocating to new premises before the end of 2004.
Commenting on the acquisition, Andrew Fitton, who has been
appointed Chief Executive of the new company, says, "This is a very
exciting development -- I have been associated with Mobitex since
1999 during which time I have seen it become increasingly successful,
as the number of users employing the technology worldwide has
increased 500%. The Mobitex community has unparalleled experience in
wireless data, being independent will enable us to fully leverage
this experience, to address markets with compelling offerings and to
form new business alliances within the wireless data world. With the
focus that independence will bring, I believe that Mobitex will
About Mobitex Technology AB:
Mobitex Technology AB designs, supplies and supports wireless
packet switched data networks using the unique Mobitex™ technology
which is the world leading system for dedicated wireless data.
Mobitex has a number of key advantages when compared with traditional
cellular technologies -- it provides a highly secure environment, the
highest levels of reliability, faster data delivery and extensive
seamless coverage. There are now over 30 networks worldwide and
around 100 government and emergency services organisations that use
Mobitex, as do 400 of the Fortune 1000 companies. Other key sectors
for Mobitex are Transport and Machine-to-Machine communication (M2M).
The largest Mobitex network is operated by Cingular Wireless and
covers the whole of the USA. In Europe the UK national network
operated by Transcomm has recently been acquired by BT plc. Please
visit our website at
About the owners:
Mobitex Technology AB is backed by UK investors and supported by
Handelsbanken, the Swedish banking group. Amongst its major
shareholders are Andrew C Fitton, the former Chief Executive of the
UK Mobitex network operator Transcomm plc, also the former President
of the worldwide Mobitex Association, and Russell Backhouse, the
former Finance Director of Transcomm plc.


Ingrid Wallgren
Mobitex Technology AB
Phone: +46/317/47-6440