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Calypso Wireless, Inc.

Frost & Sullivan Recognizes Calypso Wireless for Excellence in Wireless Switching Technology

LAS VEGAS, NV (ots)

At tonight's Excellence in Mobile
Communications Awards Banquet, Frost & Sullivan will present Calypso
Wireless, Inc. (OTC: CLYW) with the 2004 Excellence in Technology
Award for the development of the company's innovative wireless
switching technology, ASNAP[TM].
Calypso's patented automatic switching of network access points
(ASNAP[TM]) technology represents the convergence of cellular and
Wi-Fi, thereby enabling any mobile device to switch seamlessly
between cellular and wireless IP networks through wireless local area
network (WLAN). ASNAP[TM] also assists mobile carriers in achieving
an efficient allocation of network resources by freeing cellular
spectrum space for data and voice transmission, and increasing the
availability of bandwidth for other users.
"Innovations such as the Internet-ready cell phones and WLAN
public and private hot spots are creating an environment that is more
conducive to the convergence of cellular and Wi-Fi services for both
data and voice, and ASNAP[TM] is Calypso's innovative technology in
this space," says Frost & Sullivan industry analyst Rajesh Kannan.
ASNAP[TM] allows cell phones and other mobile devices to
automatically detect an available WLAN and then switch between the
signals from a GSM/GPRS or CDMA cellular tower to a short-range
broadband network such as cable with Wi-Fi. The wireless customers
remain connected to the GSM/GPRS or CDMA network until their cell
phone detects and switches to a Wi-Fi network, at a speed of up to 11
Mbps.
The technology has immense potential since it ensures global
connectivity of voice, video, and data by way of the most efficient
connection point, at a lower cost to both the mobile operator and the
consumer. Switching between cellular and WLAN networks also enables
movie-quality, real-time videoconferencing through cellular phones,
fast pictures and video clips with data messaging and audio, and
two-way data messaging.
"ASNAP[TM] could help carriers save billions of dollars in
additional frequency spectrum and infrastructure equipment by
offloading capacity to the WLAN and IP networks," says Rajesh. "WLAN
owners would further benefit in that they accrue revenues from mobile
carriers for calls and data that have been routed through their WLAN
access points."
Calypso is also innovative in developing other wireless systems
and software that complement ASNAP[TM]. The company's newly developed
mobile phone, the C1250i, is the first of its kind that works on both
traditional cellular/digital and Wi-Fi frequencies. Its impressive
30-frames-per-second video transmission capabilities make high-speed
videoconferencing easy.
To make all this feasible, Calypso places greater emphasis on
wireless technology research and allocates about 25 percent of the
total invested capital in R&D. ASNAP[TM] represents the culmination
of the company's groundbreaking work in the field, and with the onset
of an age of Internet-browsing mobile devices the company has
heralded a new technology with strong market potential.
Frost & Sullivan presents this Award each year to the company that
has pioneered the development and introduction of an innovative
technology, which has either influenced or has the potential to
impact several market sectors. It acknowledges overall technical
excellence of a company and its significant contributions to the
industry in terms of adoption and competitive posture.
Held in Las Vegas, Frost & Sullivan's 2004 Excellence in Mobile
Communications Awards Banquet honors world-class companies for
outstanding performance and achievements in wireless and mobile
strategy, technology, platforms, and services. An annual event, the
banquet recognizes the quality and merit of distinguished individuals
and companies.
Calypso Wireless, Inc.
Calypso Wireless is the company behind the revolutionary ASNAP[TM]
technology and was recently granted U.S. Patent # 6,680,923 B1.
Calypso incorporated in 1998 establishing its headquarters in Miami
Lakes, Florida. With the Wi-Fi sector being one of the most explosive
industries in the world, there is considerable interest from the
major Mobile Carriers and Original Equipment Manufacturers (OEMs) in
ASNAP[TM]. Calypso is moving toward procuring licensing agreements
with major OEMs that are interested in developing products, which
include or facilitate the technology. For more information, please
call 305-828-1483 or visit www.calypsowireless.com.
About Frost & Sullivan
Founded in 1961, Frost & Sullivan is recognized as a global leader
in growth consulting. Frost & Sullivan Awards are presented to
companies that demonstrate excellence in their industry, commending
the diligence, commitment, and innovative business strategies
required to advance in the global marketplace. Frost & Sullivan
rigorously analyzes specific criteria to determine award recipients
in a vast variety of market industries and landscapes. For further
information, visit www.frost.com.

Contact:

George Schilling
Phone: +1/305/828-1483
E-Mail: georgeschilling@calypsowireless.com