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LG Electronics and Kodiak Networks Sign Global Licensing and Strategic Marketing Agreement
Monday November 15, 6:00 am ET

http://biz.yahoo.com/bw/041115/155454_1.html

SAN RAMON, Calif. and SEOUL, South Korea--(BUSINESS WIRE)--Nov. 15, 2004--
First Push-to-Talk Handset Agreement to Fulfill Subscriber Demand

Across CDMA, GSM and UMTS Networks

Kodiak Networks, the leading provider of advanced wireless voice systems and LG Electronics (LGE), a leading provider of mobile phones for network operators, today announced a global agreement to develop and market Push-to-Talk (PTT) handsets using Kodiak's client software. This agreement is first of its kind, in that it allows the two companies to offer a full complement of advanced PTT CDMA, GSM and UMTS handsets.

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Under the agreement, the mobile phone manufacturer will continue to provide Kodiak-enabled, CDMA and GSM handsets to customers that have deployed the Kodiak Real-time Exchange(TM) (RTX) System. Kodiak and LGE also will work together to market handsets to additional wireless network operators, including those deploying third-generation (UMTS) and PTT over Cellular (PoC) technologies. The agreement with LGE ensures that wireless operators around the world will have a broad choice of handsets to offer their customers.

"We are very pleased to be working with Kodiak to deliver handsets that showcase advanced voice service functionality across CDMA, GSM and UMTS networks," said Dr. Woo Young Kwak, vice president and Research Fellow, LG Mobile Handset Lab.

"Our agreement with LGE improves the handset offerings available to wireless carriers worldwide who want to deliver Kodiak's Advanced Voice Service functionality," said Bruce Lawler, vice president business development, Kodiak Networks. "Our joint development with LGE will continue to meet rapidly growing subscriber demand for premium voice services with high-quality phones designed for consumers, business professionals and the service industry."

"This technology partnership between Kodiak and LGE is a definitive indication of increased carrier demand for solutions that allow operators to readily develop the market opportunity for advanced voice services," said John Jackson, wireless/mobile technologies analyst for The Yankee Group. "Kodiak's flexible, market-tested solution provides additional opportunities for handset makers, such as LGE, and wireless carriers to differentiate voice services and drive cellular usage."

About Kodiak Networks

Kodiak Networks (www.kodiaknetworks.com) is the leading advanced wireless systems innovator for network operators worldwide. The Kodiak Real-Time Exchange(TM) (RTX) System is a technology breakthrough, enabling operators to deliver premium, integrated wireless voice services to their customers. With the industry's best performance, fastest speed and lowest latency, the Kodiak RTX enables a new category of Advanced Voices Services, including instant availability, instant voice calling, group conferencing and real-time voice messaging. The standards-based, all-IP, packet-switched Kodiak RTX System can be incorporated into any existing cellular network, enabling carriers to increase their profit and customer retention and attract new customers without costly upgrades to network infrastructure.

Kodiak Networks offers both GSM and CDMA instant voice systems that can be easily scaled from independent operators to multinational carriers. In partnership with Orange, the Kodiak client is available on handsets provided by Nokia, Alcatel, LG, PalmOne and Sagem. Kodiak has relationships with several other global providers of handset technology and has numerous patents pending in the areas of high-speed packet switching, signaling and call control. Headquartered in northern California, Kodiak is a global organization, with facilities in Dallas, Texas; Bangalore, India; Swindon, United Kingdom; and Beijing, China.

About LG Electronics, Inc.

LG Electronics, Inc. (CEO: S.S. Kim)(06657.KS) was established in 1958 as the pioneer in the Korean consumer electronics market. The company is a major global force in electronics and information and communications products with more than 64,000 employees working in 75 overseas subsidiaries and marketing units around the world. With annual total revenues of more than US US$29.9 billion (consolidated), LG Electronics comprises three main business companies: Digital Display & Media, Digital Appliance, and Telecommunication Equipment & Handset.

The LG Telecommunication Equipment & Handset Company provides total solutions ranging from wired and wireless handsets to telecommunication equipment. The company is a leader in the innovation and development of cutting-edge technologies in next-generation wireless telecommunications and is steadily expanding its global market share in 3G (WCDMA / cdma2000) wireless systems.

LG Electronics' goal is to enable the intelligent networking of digital products that will make consumers' lives better than ever. For more information, please visit www.lge.com.



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Contact:
Coracle Group LLC
Judith Purcell, 303-346-7266
email: [e-mail]
or
LG Electronics
Hye Jin Park, [phone]
email: [e-mail]



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Source: Kodiak Networks