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IPTK AS IP Tech Inc (CE)

0.0018
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
AS IP Tech Inc (CE) USOTC:IPTK OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0018 0.00 00:00:00

ASI Entertainment's Licensee Saves Business Travellers Thousands

15/10/2013 2:00pm

Business Wire


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ASI Entertainment, Inc. (OTCQB:ASIQ) has been advised that ASiQ Limited, the licensee of the SafeCell intellectual property, has made the following announcement.

“BizjetMobile App Unlocks Inflight Email”

“The aircraft world has been waiting for an affordable alterative to Wi-Fi, and BizjetMobile has found the missing link.

Until now, the only option for full email was Wi-Fi and although BizjetMobile’s unique Bluetooth platform could send and receive emails, what was missing was the ability to check your inbox. But all that is about to change.”

“What cracked open the portal was merging narrowband satellites with Apple's iOS Bluetooth platform and new generation compression techniques. Apple’s unbelievable processing power and unique Bluetooth networking capability, creates a very efficient and reliable inflight network.

The upside for aircraft operators is that narrowband platforms will always be a fraction of the cost of broadband. What we are really excited about is that BizjetMobile can save operators up to $1,800 per month in the USA and even more internationally. And don’t think the system is limited to small jets, we currently have a system flying on a Boeing 737.”

The new system will be released at National Business Aircraft Association Exhibition from October 22 – 24 in Las Vegas.

The full text of the announcement is available at:http://www.prweb.com/releases/2013/10/prweb11217539.htm

About the Company

ASI owns the intellectual property called SafeCell. The original SafeCell concept was developed to allow communications in aircraft by shutting down the primary cell phone transmitter and connecting via Bluetooth to a personal electronic devise, to primarily facilitate data communications. The technology currently focuses on Apps for Apple® devices.

ASiQ was licensed by the Company in May 2008, to commercialize the intellectual property, and from this license, the BizjetMobile system has evolved.

Safe Harbor Disclosure:

This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates," "may," "will," "should," "could," "expect," "intend," "project," and other terms with similar meaning. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the company's projections and expectations are disclosed in the company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

* Apple, the logo, iPhone and iPad are trademarks of Apple Inc., registered in U.S. and other countries.

ASI Entertainment, Inc.Phil Shiels, +61 3 9016 3021phil.shiels@nextwave.biz

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