SmartSynch News
XP Technology Changes Name To SmartSynchReflects Corporate Focus on Wireless Data Services Jackson, MS — August 9, 2000 XP Technology announced today that the company has changed its corporate name to SmartSynch.The SmartSynch name more accurately reflects the companyís unique position in the emerging wireless data services industry. The new SmartSynch moniker better reflects the company's leading end-to-end wireless data solutions that allow enterprises to create online connections with both remote devices and their mobile workforce. Industry analysts project that by 2005, there will be 1 billion wireless data users globally representing a market for wireless data products and services between 25 billion dollars and 30 billion dollars. "By combining the words 'smart' and 'synchronize', we have captured the essence of our solutions, " said Mark Rodgers, CEO of SmartSynch. "By connecting enterprises to their mobile workers and remote devices, we are enhancing customer service, creating new revenue streams, and lowering operating costs. In essence, we're delivering the benefits of the convergence of wireless and the Internet." In the energy and utility market, SmartSynchís initial focus, the company provides power companies with wireless connections to electric meters. This system not only automates the meter reading function, but also monitors power quality and power reliability information, allowing utilities to better serve their customers and offer energy consulting services to their commercial and industrial customers. In the energy and utility market, our end-to-end solution provides the low risk, high value approach required in a rapidly changing industryî, said Rodgers. The bundling of the wireless network services, transaction management software, and intelligent clients under glass in the meter makes SmartSynch the value leader. After beginning in the power industry, the company is moving into mobile commerce, field force automation, automotive, health care and other markets. The company also announced that it has reorganized from a Canadian to a United States based corporation, with corporate headquarters in Jackson, Mississippi. In March of this year, the company partnered with Siemens Power Transmission & Distribution to launch a new wireless automated meter-reading product and service for commercial and industrial customers. SmartSynch also has strategic alliances with Motorola, SkyTel and Lockheed Martin. About SmartSynch SmartSynch delivers wireless data solutions that enable two-way communication among corporate assets: people, devices and systems. SmartSynchís end-to-end solutions generate new value by providing online Business-to-Asset (B2A) connections. Now, thatís smart. For more information, contact Angelyn Bush or Nola Nicholas, (601) 206-9313, abush@smartsynch.com , nnicholas@smartsynch.com , or visit the Web site at www.smartsynch.com.
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