NEC Makes Strategic Investment in Kineto Wireless
Tokyo; Milpitas, California
September 22, 2008
NEC Corporation (NEC), a leading provider of 3G infrastructure and handsets, internet, broadband network and enterprise business solutions, together with Kineto Wireless, Inc., a key innovator and leading supplier of FMC solutions for mobile operators, announced today that NEC will contribute in strategic funding to Kineto Wireless.
“Kineto’s industry-leading FMC solutions enable mobile operators to extend voice and data services over improving mobile coverage and performance,” said Tadatoshi Fujiwara, general manager of NEC’s Mobile Network Solutions Division. “Kineto’s FMC solutions are currently enabling mobile operators around the world to deliver a variety of new revenue generating FMC services, including dual-mode handsets, femtocells, terminal adaptors, softmobile clients and more. We are very excited about this strategic investment, which facilitates NEC’s aim for the leading global femtocell position.”
“Continued strong growth in UMA-based dual-mode handset and terminal adaptor deployments, combined with tremendous operator interest in femtocells, highlight the FMC imperative for mobile operators globally,” said Rick Gilbert, president and CEO of Kineto Wireless. “We are delighted to have the support of a leader in the mobile industry, such as NEC, as we continue to capitalize on our leadership position in the FMC market.”
About NEC Corporation
NEC Corporation is one of the world’s leading providers of Internet, broadband network and enterprise business
solutions dedicated to meeting the specialized needs of a diversified global base of customers. NEC delivers
tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical
strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics
Corporation. The NEC Group employs more than 150,000 people worldwide. For additional information, please
visit the NEC website at:www.nec.com.
About Kineto Wireless
Kineto Wireless is the key innovator and leading supplier of FMC (fixed-mobile convergence) solutions for mobile operators. Kineto supplies software solutions to major mobile infrastructure and device vendors that enable the
development of products compliant with the 3GPP UMA/GAN and upcoming HNB standards, including UMA
Network Controllers, Femto Gateways, dual-mode handsets, femtocells, terminal adaptors and softmobiles.
Kineto customers and partners include NEC, Motorola, Samsung, LG Electronics, HTC, Qisda, Qualcomm, Texas
Instruments, Infineon, ST-NXP, Linksys, Ubiquisys and Netgear. For more information about Kineto, please visit
http://www.kineto.com. For more information about FMC service deployments, products, and standards, please
visit www.UMAToday.com.
| Media Enquiries for Kineto and NEC: Steve Shaw Kineto Wireless +1 408 965 0289 sshaw@kineto.com Stephanie Look Engage PR for Kineto Wireless +1 510 748 8200 x225 slook@engagepr.com Megan Atiyeh Engage PR for Kineto Wireless +1 510 748 8200 x228 matiyeh@engagepr.com |
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