AirTouch Communications Has a New Stock Symbol: ATCH
(firmenpresse) - NEWPORT BEACH, CA -- (Marketwire) -- 08/23/11 -- (OTCBB: ATCH) (formerly known as Waxess Holdings, Inc.) , today announced that its new stock symbol is OTCBB:ATCH.
The new stock symbol completes the Company's name change from Waxess Holdings, Inc. (OTCBB: WXSS), which took effect on July 25, 2011. AirTouch develops and markets patented telecommunications devices that enable consumers and businesses to access voice, high speed data, and video over the cellular wireless network.
"We chose the AirTouch name to communicate our mission to deliver services and applications completely over the air," said Hideyuki Kanakubo, founder and CEO of AirTouch and a former top executive of cordless phone leader Uniden. "Our new name and symbol better communicate our product and related applications to investors and to the market."
AirTouch has developed a wireless desktop unit for the home or office that is up to 10 times more powerful than a handheld cellular phone with substantially less potential harmful effects of microwave radiation attributed to cellular phones. This wireless unit serves as a base station for traditional cordless phones. More powerful units by AirTouch can deliver data, Internet, movies, interface to security services and TV.
AirTouch's device has the capability to substantially increase wireless signals in areas of the U.S. where the signal is unreliable, which includes nearly 26 percent of the U.S. landline population inhabitants. Internationally, AirTouch is focused on the estimated two billion people who are expected to enter the middle income level within the next 10 years in countries such as Brazil, Russia, India, China (BRIC) and the Next 11 (N-11) countries such as Mexico, Turkey and Vietnam.
AirTouch® Communications, Inc. is engaged in the development and marketing of patented telecommunications devices capable of converging traditional landline, cellular and data services and much more. We currently hold three patents for our unique combination of cordless telephone technology and wireless signal amplification which enables consumers and business to access voice, high speed video, and data over the cellular wireless network.
CONTACT:
Jerome Kaiser
CFO
(949) 825-6572
Stephen D. Axelrod, CFA
(212) 370-4500
Adam Lowensteiner
(212) 370-4505
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Datum: 23.08.2011 - 07:30 Uhr
Sprache: Deutsch
News-ID 1032929
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