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Jul 07, 2008 -- Fonix Speech, Inc., a wholly owned subsidiary of Fonix(R) Corporation (OTCBB: FNIX | Quote | Chart | News | PowerRating) announces the release of Fonix iSpeak(TM) -- a voice activated application for the Apple iPhone(TM) 3G. Users can initiate several operations simply by speaking the command in natural language. Fonix iSpeak(TM) connects the user by just saying the phone number or by saying the name of a person in the contacts database. Additionally, users will be able to navigate their music libraries and launch a song or playlist simply by saying the name of the artist, song, or playlist. Fonix iSpeak(TM) is the first of several anticipated product releases that support the growing mobile device and gaming industries and is at the core of the efforts of the company to focus its efforts on these markets. "The powerful and dynamic tools provided by Apple have allowed the Fonix team to quickly and efficiently develop Fonix iSpeak(TM) for the Apple iPhone 3G," says D. Lynn Shepherd, Fonix Sr. VP product engineering. "The feature rich iPhone(TM) is easy to use and our robust embedded speech interface will further create a positive and natural user-friendly environment which will further illustrate the dynamic features of this phone." Fonix iSpeak, includes a run-time engine that sits on the phone allowing users to interact with the personal contents of their Apple iPhone(TM). Unlike other voice applets that enable voice search of the Internet by sending commands over the airwaves, this client-side application gives users the power of voice interaction with their personal content and eliminates network latency.
Jul 07, 2008 -- Airvana, Inc. (NASDAQ: AIRV | Quote | Chart | News | PowerRating) today announced the release of the company's latest CDMA 1xEV-DO Rev. A software. This release, which was delivered in June, enables mobile operators to more efficiently increase capacity and accelerate the roll-out of next-generation multimedia services. EV-DO is the wireless technology providing the engine of growth for CDMA operators around the world by enabling high-speed mobile Internet, multimedia and entertainment applications. The release of Airvana's new EV-DO technology enables operators to prepare their networks to support the continuing growth in mobile broadband usage and deliver the services and consistent user experience demanded by subscribers. Specifically, the latest release implements an important upgrade to Airvana's pioneering and patent-pending RNC clustering technology which significantly increases the number of sites that can be incorporated into a cluster. The RNC is a critical network element that manages subscriber sessions, connects users to an operator's IP network and maintains connectivity as users move across cell boundaries. With Airvana's RNC clustering, operators can deploy multiple RNCs without introducing any RNC borders that can cause service interruptions as subscribers cross them. The result is that multiple RNCs behave like a single, virtual RNC that can serve a very large number of subscribers across a large geographic area with an improved mobile broadband experience. "Providing a quality user experience is critical to an operator's success in driving the adoption of new services and generating new revenue streams," said David Nowicki, vice president of marketing and product management, Airvana. "We address that with the latest release of our EV-DO technology, which is designed specifically to give operators the technology foundation required to provide services with the most consistent, reliable experience possible."
Jul 07, 2008 -- JDSU (NASDAQ: JDSU | Quote | Chart | News | PowerRating) today announced it has entered into a contract to provide service assurance test solutions to The Carphone Warehouse Networks (CPWN), one of the largest and most advanced telecom networks in the UK, and a wholly-owned division of the fixed line and broadband business of The Carphone Warehouse (CPW) Group plc. The JDSU service assurance system, NetComplete, will support the design, implementation and management of the Next Generation Network (NGN) for CPWN, covering both its residential and business customers via local loop unbundling. The industry-leading JDSU NetComplete Broadband/IP test solution and services were chosen by CPWN after a competitive, extensive evaluation process which determined JDSU's solution to be their best option for increasing operational efficiency. CPWN selected the JDSU NetComplete QT-200 xDSL/triple-play probe and on-board applications together with NetAnalyst software for its sophistication, service history and suite of available applications. "The Carphone Warehouse Networks is committed to ensuring our customers enjoy a reliable next generation network that delivers quality voice and broadband services," said Neil McArthur, chief executive of The Carphone Warehouse Networks. "With complete performance monitoring and fault management capabilities by JDSU, we can focus on further improvements on network quality and the customer experience as we seek to become a market leader not only on price but also on service and innovation." The NGN effort led by CPWN is evolving rapidly and includes a 40G core that will allow the business to scale up capacity and address customers' growing demands for broadband. Two thirds of all CPW's broadband customers are now on its network and the business expects to increase this number to 80% by March 2009.
Jul 07, 2008 -- Location Based Technologies (OTCBB: LBAS), a leading-edge family service provider of personal locator devices and services, today announced it successfully carried out the initial laboratory testing of the PocketFinder device required to receive GSM-type approval for connectivity on the European GSM wireless networks. "With initial GSM laboratory type approval we continue our commitment to bring PocketFinders to families all over the world," said David Morse, co-president and CEO of Location Based Technologies, Inc. "We are in strategic partnership discussions with leading telecommunications companies and other industry leaders, globally, that are committed to bringing the best wireless LBS products and experiences to their customers. The PocketFinder and PetFinder are breakthrough products & services which will optimize the way families stay connected. We're thrilled to have reached this stage of being able to begin production of our product to families around the world and we recognize and appreciate all of our vendors who have helped us reach this stage." Morse noted that the development team's effort has been validated by completing initial GSM-type approval in the laboratory. "This means we can commence sales in Europe and on most other GSM wireless networks. U.S. networks require additional certifications that are under way," he added.
Market Wrap for July 7th Stocks were whipsawed in the week's opening session. Monday began with strong gains as the Dow Jones Industrial Average climbed more than 100 points before swinging to a loss of more than 100 points. The total swing between its high of the day and its low was 278 points. Similar volatility was seen in the other major indices, yet buyers returned late in the session to lift the major indices off their worst levels of the session. A lack of concerted leadership during trading contributed to the broad-based declines. Financials were the worst performer yet again. The financial sector had been up more than 1.0% early on, but fell to a loss of 4.0% in the afternoon. It closed 3.2% lower. The drop among financial stocks precipitated a broad-based decline, which pulled each of the major indices into bear market territory. That is, down 20% from peaks that were reached several months ago. The afternoon's dour tone overshadowed a drop in oil prices, which closed its session on the Nymex more than $4 lower at $141.23 per barrel. The drop is the largest single-session dip in weeks. A lack of earnings news led participants to act on corporate news. Word that Microsoft (MSFT 26.03, +0.05) is willing to enter discussions with Yahoo! (YHOO 23.91, +2.56) if Yahoo replaces its board of directors lifted YHOO to its best level in recent weeks. In a similar vein, InBev is planning an effort that would replace the Anheuser-Busch (BUD 61.74, +0.07) board of directors, according to reports. Takeover attempts by InBev have been blocked by the St. Louis-based brewer's board. Elsewhere, General Electric's (GE 27.38, +0.47) NBC Universal is joining Blackstone Group (BX 16.77, -0.46) and Bain Capital to purchase The Weather Channel for $3.5 billion. On the selling side, The Wall Street Journal reported that Merrill Lynch (MER 30.36, -0.76) may be moving closer to selling its stakes in holdings like Bloomberg and BlackRock (BLK 164.21, -5.36), while General Motors (GM 10.24. +0.12) may sell some of its brands and cut its employee headcount.
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