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3G WCDMA Leader Announces Worldwide Distribution Agreements

29th January 2003

Zyray Wireless, a leader in WCDMA and Space-Time Processing wireless technologies, today announced it has signed distribution agreements with three of the leading semiconductor distributors in Europe and Asia -- Firefly Technology of UK, MITS Corporation of Taiwan and Uniquest Corporation of Korea.

Under the terms of the agreements Firefly, MITS and Uniquest will work closely with Zyray Wireless to introduce and distribute Zyray's SPINNER family of WCDMA and Space-Time Processing IP and semiconductors ( shown above ).. SPINNERchip is a WCDMA chip designed to add-on to existing GSM/GPRS solutions to enable a low-cost, low-risk dual-mode solution.

"We are excited to work with such top performing and experienced distributors," stated Werner Sievers, President and CEO of Zyray Wireless. "Our distributor network is a vital component of our strategy, designed to ensure that Zyray Wireless is well positioned to take advantage of opportunities around the world as they arise."

Firefly Technology is a UK-based technical sales and marketing representative for leading-edge semiconductor, system-on-chip, software and intellectual property suppliers. Tony James, Managing Director of Firefly Technology commented, "Zyray Wireless offers us a golden opportunity to complement and expand our existing business within the European market place. Judging by the response so far, SPINNER is certainly grabbing the attention of many of our customers. Feedback suggests it is the most cost-effective and easy-to-integrate solution for wideband CDMA on the market. Thus, coupling our experience in the semiconductor industry, with Zyray's compelling product line, I certainly feel that when 3G hits the stores, Zyray Wireless will have had a pivotal role in making the 3G concept a reality." Firefly Technology focuses on high technology product areas such as Wireless Communications, Consumer Multimedia, and Military & Aerospace. Their line card includes Analog Devices, International Rectifier, NanoAmp Solutions, SpaceBridge Semiconductor and Pixelworks.

This Press Release Sposored by AGILENT TECHNOLOGIES
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