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[MartyMan]

MOBL Patent PR... MobilePro Corp. Files for Wireless Technology Patent 32 Claims Made in Multiple Frequencies, Multiple Standards Including ZigBee, Wi-Fi And Bluetooth

Thu Apr 08 08:59:00 2004 EST
BETHESDA, Md., Apr 8, 2004 /PRNewswire-FirstCall via COMTEX/ --
MobilePro Corp.
(OTC Bulletin Board: MOBL) announced today that the company has filed a patent
application with the United States Patent and Trademark Office for a wireless
technology invention created by the company. The application covers 32 claims
in multiple frequencies around multiple wireless standards including ZigBee,
Wi-Fi and Bluetooth. Wireless standards themselves are in the public domain
and thus not patentable.
The patent application describes a technology that increases integration
on a semiconductor chip for wireless communications. The new design is
anticipated to allow for lower cost and more compact and efficient wireless
communications. It reflects the trend toward fully integrated
systems-on-a-chip ("SoC").
MobilePro President and CEO Jay Wright said, "Today's announcement
represents a potentially dramatic positive step for our company. If the
patent claims we are applying for are issued by the U.S. Patent Office, we
believe we would achieve a strong, defensible technology position in the
wireless market that would justify a significant expansion of MobilePro's
wireless technology division. This new application is the first of what we
hope will be a series of patent applications for our NeoReach subsidiary."
MobilePro CFO Kurt Gordon said, "We believe this patent application, if
issued, together with previously issued patents, would significantly increase
the value of our intellectual property holdings. We are continuing to
research and develop wireless technologies and anticipate additional
applications that we are developing will be announced before the end of this
year."
About ZigBee
ZigBee is a wireless standard (802.15.4) for the emerging home, commercial
and industrial networking and controls market for reliable, cost-effective,
low-power solutions. Research firm ABI estimates that the home controls
wireless market alone could reach $4 billion by 2008. MobilePro and NeoReach
are members of the ZigBee Alliance (www.zigbee.org), an industry consortium
working on ZigBee standard chips and devices.
About Wi-Fi
Wi-Fi is a wireless standard (802.11b). Research firm BWCS reported more
than 80 million broadband connections in homes globally at year-end 2003.
However, the number of Wi-Fi-enabled homes in 2003 was only 5 million, mainly
in the United States. An estimated 50 million homes in Europe, the United
States and Asia are forecast to have Wi-Fi connectivity by 2007. For more
information, please go to www.wi-fi.org.
About Bluetooth
Bluetooth is an open specification for short-range communications of data
and voice between both mobile and stationary devices. Bluetooth technology
enables seamless voice and data connections between a wide range of devices
through short-range digital two-way radio operating in the 2.4 GHz frequency
band. Market researchers predict tremendous growth for the Bluetooth market.
According to research firm InStat/MDR, the Bluetooth market will show a 132
percent compound annual growth rate or an increase from 10.4 million Bluetooth
chip sets shipped in 2001 to 690 million units in 2006. IDC and Allied
Business Intelligence expect worldwide shipment of 400 to 500 million
Bluetooth modules in 2005, a cumulative total of one and a half billion for
the years 2000 to 2005. A Merrill Lynch market study forecasts 2.1 billion
Bluetooth modules will be sold in 2005, with a cumulative total of 5.5 billion
for the years 2000 to 2005. For more information, please go to
www.bluetooth.com.
About MobilePro
MobilePro Corp. is a wireless technology and broadband Internet services
company based in Bethesda, Maryland with operations in Dallas and Beaumont
Texas. The company is focused on creating shareholder value by developing
innovative wireless technologies, acquiring and growing profitable broadband
internet service providers and forging strategic alliances with
well-positioned companies in complementary product lines and industries.
An investment profile about MobilePro Corp. may be found online at
www.hawkassociates.com/mobilepro/profile.htm.
For more information, contact MobilePro CEO Jay Wright at [phone].
For investor relations information, contact Frank Hawkins or Julie Marshall,
Hawk Associates, at [phone]. Email: [e-mail]. Detailed
information about MobilePro can be found on the website www.mobileprocorp.com.
An online investor kit including copies of MobilePro press releases, current
price quotes, stock charts and other valuable information for investors may be
found on the websites www.hawkassociates.com and www.hawkmicrocaps.com.
This release contains various forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 which represent the company's expectations or
beliefs concerning future events of the company's financial performance. These
forward-looking statements are further qualified by important factors that
could cause actual results to differ materially from those in the forward-
looking statements including the Company's ability to obtain future financing
on favorable terms, changes in the wireless and telecommunications industries
that compel the Company to alter its present business strategy, the Company's
ability to attract management capable of implementing the Company's existing
or future business strategy and the risk factors set forth in the Company's
SB-2 registration statement. Results actually achieved may differ materially
from expected results included in these statements as a result of these
factors or others. Specifically, investors are cautioned that development of
any form of semiconductor or other chip has many risks, including, but not
limited to, the risk that the design may prove too expensive or too
impractical to manufacture, the risk that development may be delayed or become
more expensive than anticipated and/or that competitors may develop better,
less expensive chips. Many chip developers, such as Intel, Motorola and Texas
Instruments, have greater resources than MobilePro and thus are formidable
actual or potential competitors. Additionally, the United States patent and
trademark office may not grant a patent on a filed application or may grant
only a portion of the claims made. Even if a patent is issued, having a
patent does not guarantee the success of a product or the company which owns
the patent.
SOURCE MobilePro Corp.
Jay Wright, CEO, MobilePro, [phone]; or Frank Hawkins
or Julie Marshall, both of Hawk Associates, [phone], or
[e-mail], for MobilePro
http://www.mobileprocorp.com