|
Newsletters
|
|
|
|
|
|
WirelessDevNet.com Press Release
Motorola and Oakley Join Forces on Product Development for Communication Devices
LIBERTYVILLE, IL and FOOTHILL RANCH, CA – January 14, 2004 – Motorola, Inc. (NYSE:MOT) and Oakley, Inc. (NYSE:OO) today announced a joint venture to introduce new and exciting Bluetooth™-enabled wearable wireless communications devices.
Motorola is collaborating with Oakley – the leader in eyewear design, technology and innovation – to fuse Motorola’s latest Bluetooth technology with Oakley’s advanced eyewear concepts. Details and designs are set to be unveiled by mid-2005. Company executives said their mutual objective is to deliver evolutionary and innovative products for consumers who want hands-free, untethered operation of their electronic devices.
“Motorola’s continuing leadership in Bluetooth technology has opened up unique relationship opportunities with key lifestyle brands such as Oakley,” said Bruce Hawver, Companion Products Group vice president and general manager, Motorola. “That’s the power of our joint venture – it allows us to reach out to new and different types of users of the technology – enabling seamlessly mobile wireless communications anywhere and everywhere consumers want to be.”
“By teaming with Motorola, we’re dramatically expanding the possibilities for our new electronics category,” said Cos Lykos, Vice President of Business Development. “Oakley’s engineering team now has an expanded technology arsenal to develop new and innovative electronic products.”
About Motorola
Motorola is a Fortune 100 global communications leader that provides seamless mobility products and solutions across broadband, embedded systems and wireless networks. In your home, auto, workplace, and all spaces in between, seamless mobility means you can reach the people, things and information you need, anywhere, anytime. Seamless mobility harnesses the power of technology convergence and enables smarter, faster, cost-effective and flexible communication. Motorola had sales of US$27.1 billion in 2003. For more information: www.motorola.com.
About Oakley, Inc.
Oakley: a world brand, driven to ignite the imagination through the fusion of art and science. Building on its legacy of innovative, market-leading premium sunglasses, the company also offers an expanding line of premium performance footwear, apparel, accessories, watches and prescription eyewear to consumers in more than 100 countries. Trailing-12-month revenues through September 30, 2004 totaled $548.9 million and generated net income of $34.8 million. Oakley, Inc. press releases, SEC filings and the company’s Annual Report are available at no charge through the company’s Web site at www.oakley.com.
|
|
|
