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WirelessDevNet.com Press Release
Orion Merges with CellPoint to Create Global Mobile Powerhouse
Miami, FL – Orion Information Services, Inc., (OIS), a leading technology firm that specializes in mobile content and service applications, announced today that it is merging with CellPoint Connect AB, (CellPoint) a Sweden-based company that specializes in global hardware and software solutions for the wireless market. CellPoint is listed in Stockholm under the symbol CPNT.
Under the terms of the merger, Orion will take on the CellPoint name and head up the company’s America’s division, which includes both North America and Latin America.
Kristian Gjerding, Orion CEO, says the merger—which he views as a natural fit for both companies—positions CellPoint as a global force in the wireless industry.
“With this merger, we become a mobile powerhouse that represents the convergence of mobile technology, content, resources and clients,” notes Gjerding. “We also become a global presence with entry to all key markets: Europe, Asia, North America and Latin America.”
Gjerding, who takes on the title CEO, Americas for CellPoint, says his focus will be to continue expansion into the Latin American market while maintaining the fast-paced growth Orion has experienced in North America.
The two companies bring together a comprehensive offering of products, services and solutions for the mobile market. Orion has focused on the development of a comprehensive mobile entertainment platform and various content applications that allows for cross media integration of Web, TV and wireless. Recently, the company teamed with PixelPlay to unveil the World’s first Interactive TV mobile entertainment portal. CellPoint has concentrated on numerous mobile hardware and software solutions. These include its next-generation Flamingo Bluetooth headset with its patent-pending EarClick™ technology, which was awarded the coveted Innovations Awards for Design & Engineering at CES 2005, and its 112Now personal surveillance technology that provides both subscribers and security companies with an instant alert on their mobile phone when an intruder is detected and allows both the consumer and the security company to see or hear what is happening at the alarm location. CellPoint also brings to the table Direct™, a comprehensive marketing/CRM tool that enables companies to communicate instantly with their customers via SMS messaging, as well as CellPoint Location Systems™, a patented advanced-GSM positioning technology that offers better accuracy and faster service than its competitors.
Michael Mathiesen, Corporate CEO for CellPoint, says the combined force of the two companies gives the new CellPoint the global positioning, expertise and breadth of products and services necessary to accelerate growth.
“By incorporating Orion into the CellPoint family, we have instant access into the North American and Latin American markets and can capitalize on the market expertise and client relationships that Orion brings to the table,” notes Mathiesen. “The merger also enables us to build on existing relationships with clients by bringing them the broad portfolio of products and services the new CellPoint now has to offer.”
About Orion Information Services
Orion Information Services (http://www.ois-inc.com) is a cross media company delivering profitable, engaging mobile content and services. Founded in 2002, this new breed of company provides our partners with innovative interactive services designed to keep pace with the ever-changing mobile world. Its cross-media services combine traditional media (television, radio and print) with the Internet and mobile consumer devices, such as mobile phones or palmtop units, to connect consumers to an entirely new world of wireless services. Headquartered in Miami Beach with offices in New York and LA, we are focused on the US and Latin American markets, and with a development office in Copenhagen, Denmark, Orion has secured access to the cutting edge wireless markets of the Nordic region.
About CellPoint Connect
CellPoint Connect AB (publ) (http://www.cellpoint.com) is a software and hardware company with 24 employees and offices in Stockholm and Copenhagen. CellPoint offers, through innovation and product development, customer mobile solutions that increase profitability and enhance communication with companies, consumers, co-workers and suppliers. CellPoint is listed on Stockholm´s AktietTorget (http://www.aktietorget.se) with the symbol CPNT.
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