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Message #34
From: Stock News Bot
Date: December 3, 2006 04:00:00 PM

AFT News Axesstel Announces Sleek New Portable EV-DO Rev A USB Modems for Home and Travel Use

HONG KONG--(BUSINESS WIRE)--Axesstel, Inc. (AMEX:AFT), a leader in the design and development of fixed wireless voice and broadband data products, today announced the MV100 Series of CDMA2000 1xEV-DO Rev A USB Modems at ITU Telecom World. Small enough to carry in a pocket, the sleek new MV100 series USB modems provide consumers and mobile professionals with fixed wireless and mobile access to email, the Internet and multimedia streaming at speeds up to 3.1 Mbps. The versatile USB modem allows fixed wireless and mobile operators to increase average revenue per unit (ARPU) from data services by attracting subscribers needing broadband data access from home and while traveling. Axesstel will be exhibiting the MV100 series at ITU Telecom World being held in Hong Kong from December 4 - 8, 2006.

“We are very excited to announce our entrée into the mobile market with the cleverly engineered MV100 series USB modems,” said Marv Tseu, chief executive officer for Axesstel, Inc. “We see strong demand from operators for a versatile device that provides fixed and mobile broadband data access for consumer, small office/home office and mobile professional segments. The MV100 series addresses this demand and allows operators to increase ARPU while more fully leveraging the speed and capacity advantage of their broadband data networks.”

“The new USB modem will enable us to diversify our broadband product portfolio to better serve our current customer base in emerging markets and expand our ability to serve operators in developed regions,” added Tseu.

The MV100 series USB modems, including the MV110 (450 MHz) and MV140 (800/1900 MHz), address the demand from fixed wireless and mobile carriers for a terminal device that provides the flexibility of voice and broadband data access from a fixed or mobile environment. The MV100 series modems are designed with a USB connector to allow for connectivity to voice and broadband data from a desktop PC at a home or small office, or from a laptop, allowing mobile professionals to stay productive virtually anywhere, at any time while traveling.

The MV100 Series is backward compatible to CDMA2000 1xEV-DO Rev 0 and CDMA2000 1X to ensure subscribers maintain high-speed connectivity in areas where a CDMA2000 1xEV-DO Rev A network is not yet available. The dual-band (800/1900 MHz) functionality of the MV140 allows users to connect to networks worldwide. A USB cable, packaged with the device, allows users to position the modem away from the noisiness of the laptop to increase transmission gain, a performance not possible with dongle-type USB modems. An internal battery and receive diversity antennas further maximize data throughput and extend network coverage range from fringe areas. These design advantages allow operators to provide a better user experience and increase the number of subscribers that can be served by their network.

Additional features of the Axesstel MV100 Series USB Modems include:

  • Voice and text messaging capability when connected to a laptop or desktop PC
  • Personal information management functionality and synchronization with MS Outlook® phonebook simplifies communications
  • Compatibility with virtual private networks secures data transmissions
  • Slim and compact design fits into a jacket pocket or brief case for easy portability
  • Color LCD enables quick viewing of network coverage status without having to open modem manager software from the laptop

The MV140 is scheduled to be available for operator testing by the end of January; limited shipments are anticipated to be available at the end of February, with quantity volumes of the first models in the series in early April.

For more information on the MV100 Series USB Modems visit, www.axesstel.com.

AXESSTEL AT ITU TELECOM WORLD

Axesstel will exhibit the MV140 USB Modem along with its other fixed wireless phones, voice/data terminals, broadband modems and 3G gateways at stand 2001.4 in the USA Pavilion located in Hall 2 at ITU Telecom World being held December 4 - 8, 2006 at Asia World Expo in Hong Kong, China. To promote the new MV100 Series, a drawing for an iPOD®, of similar size to the MV140, will be held in the Axesstel stand at 5:00 p.m. daily. Participants must submit a business card and be present to win.

NOTES FOR EDITORS AND ANALYSTS

Senior Axesstel executives will be available at ITU Telecom World to offer comment on:

  • Global market demand for fixed and mobile broadband data access
  • Advantages of fixed and mobile wireless broadband data access
  • Successful business models and applications for fixed wireless voice and broadband data
  • Convergence of voice & data, land-line and wireless technology and WLAN/WWAN networking
  • Axesstel’s new USB modems, 3G gateways, fixed wireless phones and product roadmap

To set up a briefing, please contact:

Kim K. Haneke
Axesstel, Inc.
+1 858.228.7249
khaneke@axesstel.com

ABOUT AXESSTEL, INC.

Axesstel (AMEX:AFT) is a leader in the design and development of fixed wireless voice and broadband data products. Axesstel’s product portfolio includes fixed wireless desktop phones, public call office phones, voice/data terminals, broadband modems and 3G gateways for access to voice calling and high-speed data services. The company delivers innovative fixed wireless solutions to leading telecommunications operators and distributors worldwide. Axesstel is headquartered in San Diego, California and has a research and development center in Seoul, South Korea. For more information on Axesstel, visit www.axesstel.com.

© 2006 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of Axesstel, Inc.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements relating to market penetration and conditions, product capabilities and the timing of new product introductions which may affect future results and the future viability of Axesstel. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important risk factors. Those factors include but are not limited to unforeseen manufacturing difficulties, unanticipated component shortages, competitive pricing pressures and the risk factors noted in Axesstel's filings with the Securities and Exchange Commission, such as the rapidly changing nature of technology and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Axesstel's products; product and customer mix, Axesstel's need to gain market acceptance for its products; the risks of primary dependence on one large customer; potential intellectual property-related litigation; Axesstel's need to attract and retain skilled personnel; and Axesstel's primary reliance on its sole contract manufacturer. All forward-looking statements are qualified in their entirety by this cautionary statement, and Axesstel undertakes no obligation to revise or update this press release to reflect events or circumstances occurring after this press release.

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