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IPTK AS IP Tech Inc (CE)

0.0015
0.00 (0.00%)
30 Jul 2024 - Closed
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% 0.0015 0.00 01:00:00

Grrrilla Released – Watch Out Gogo Biz

02/01/2014 2:00pm

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AS IP Tech (CE) (USOTC:IPTK)
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ASI Entertainment, Inc. (OTCQB:ASIQ):

Aviation Today reported on Dec. 31, 2013, that ASiQ Limited, the licensee of ASI Entertainment’s intellectual property, is releasing its Grrrilla service to replace the Airfone air-to-ground communications network which was decommissioned on New Year’s Eve. ASiQ had previously developed its BizjetMobile system from the same intellectual property.

Gogo Inc. subsidiary, Aircell, completed its acquisition of Airfone in April 2013, and is offering Gogo Biz as a replacement service from Jan. 1, 2014. The Grrrilla service is designed to provide a cost effective alternate to Gogo Biz.

The full text of the article is available at:

http://www.aviationtoday.com/av/commercial/Airfone-Ends-Today-New-Year-Pits-Grrrilla-Vs-Aircell_80963.html#.UsShQnnlehO

About the Company

ASI Entertainment owns the intellectual property named 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 device, to primarily facilitate data communications.

ASiQ was licensed by ASI Entertainment in May 2008, to commercialize the intellectual property, and from this license evolved ASiQ’s BizjetMobile system and now the Grrrilla service.

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.

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

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