Calypso Wireless (fka CLYW)

[Billcoln]

Turrini worked for Calypso under an executive compensation package from Sept. 2005 as a vice president as outlined in an SEC filing. My only point is that is is misleading to make a public release stating that Turrini joined Calypso in 2006 to give the impression that he was just brought in with new ideas to save the company, when in fact he worked there for one and one half years according to Calypso's own SEC filings. Furthermore, contrary to the impression made in the press release, the idea of licensing is nothing new as a business plan. It was stated in the June 2006 10Q.

"The Company has revised its business model such that it will sell licensing agreements with OEMs (original equipment manufacturers) and businesses that cater to enterprise companies to license the technology based on our patented ASNAP™ technology (U.S. Patent Number: 6,680,923) and or license the patent rather than become a supplier of cellular and other devices."
Bill