Item 1.01 - Entry into a Material Definitive Agreement
On May 22, 2007, Seamless Wi-Fi, Inc. (the "Company") entered into an OEM Mobility License Agreement (the "Agreement") with Microsoft Licensing, GP, a Nevada general partnership, located in Texas ("MS"), the effective date which is May 1, 2007.
The Agreement provides that MS will grant to the Company a non-exclusive, limited license to use and distribute certain Microsoft software, tools and utilities, associated product materials, and other items (collectively, the "Licensed Products"). The Agreement has an expiration date of May 31, 2009. The Company paid MS $245,000 upon the signing of the Agreement on May 22, 2007 and will pay $18,848 per month through May 31, 2008, and $40,834 per month through May 31, 2009. For each unit of Licensed Product distributed by the Company, the Company has agreed to pay MS certain royalty rates set forth in a royalty schedule.
There is no material relationship between the Company or its affiliates and any of the parties, other than with respect to the Agreement.
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Seamless to Exhibit at Computex Taipei 2007 June 5 - 7 With Media Player Partner Annkoli May 31, 2007 8:45:00 AM LAS VEGAS, NV -- (MARKET WIRE) -- 05/31/07 -- Seamless Wi-Fi, Inc. (OTCBB: SLWF) subsidiary Seamless Internet, Inc. has been invited by Annkoli International Corporation (www.annkoli.com) of Taipei, Taiwan, to exhibit the S-XGen(TM) at Computex Taipei 2007 June 5th through the 7th.
Computex Taipei is in its 27th year and has consolidated its position as the world's second largest IT show to highlight Taiwan's position as a leading IT supplier to the world. Computex Taipei 2006 surpassed projected attendance with over 130,000 visitors, including approximately 30,000 overseas buyers, generating on-site orders and sales worth approximately US$12.5 billion. Representatives of many industries and sectors, and companies presenting and purchasing from nations around the globe occupied four spacious Taipei World Trade Center halls housing over 2,900 exhibitor booths. For more information about Computex Taipei 2007, please visit http://www.computextaipei.com.tw/overview/general_en.shtml.
"We are privileged to have been invited to showcase the S-XGen(TM) at their exhibition space at Computex 2007," said John Domerego, President of Seamless Internet, Inc., developer of the S-XGen(TM) Ultra Mobile Personal Computer and Communications Device. "Like the S-XGen's debut at the Consumer Electronics Show in January, we relish the opportunity to bring awareness of the S-XGen(TM) to the forefront at this leading show and in this extremely important marketplace."
The S-XGen(TM) is the newest contender in the rapidly expanding Ultra Mobile Personal Computer (UMPC) class of minicomputers and takes connectivity to the next level with integrated cellular, Wi-Fi and Bluetooth connectivity, a 20 Gb hard drive and an almost full-size fold-out keyboard -- all in a convenient form factor weighing only 11 ounces.
About Seamless Wi-Fi:
Seamless Wi-Fi, Inc. (www.slwf.net) is a Las Vegas-based company listed on the OTC Bulletin Board under the symbol SLWF. Seamless Wi-Fi develops and markets secure cutting-edge internet communications products and services through its three operating subsidiaries: Seamless Skyy-Fi, Inc., Seamless Peer 2 Peer, Inc., and Seamless Internet, Inc. Seamless Skyy-Fi, Inc. (www.skyyfi.com), has Wi-Fi hotspots and is developing the "Secure Internet Browsing" Wi-Fi encryption software program "SInB(TM)." Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) has developed and launched Phenom(TM) V3.0, its Secure Peer 2 Peer Virtual Internet Extranet encryption software, which provides SOX and HIPAA-compliant internet communications over standard internet services. Seamless Internet, Inc. (www.seamlessinternet.com) is manufacturing and marketing the S-XGen(TM) Ultra Mobile Personal Computer and Communications Device including a 3G phone that combines portability, connectivity, processing power and entertainment capabilities for the ultimate road-warrior laptop replacement. Seamless Internet also provides secure hosting services for all Seamless Wi-Fi company clientele.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Seamless Wi-Fi or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
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Remtech Takes Delivery of First S-XGen(TM) Final Production Line Units Jun 13, 2007 8:45:00 AM LAS VEGAS, NV -- (MARKETWIRE) -- 06/13/07 -- Seamless Wi-Fi, Inc. (OTCBB: SLWF) today delivered to Remtech Distribution Limited, Seamless Wi-Fi's UK distributor, the first S-XGen(TM) Ultra Mobile Personal Computer (UMPC) units to come off the final production line.
"I am very impressed with the fit, finish and functionality of these S-XGen production units," said Warwick Hill, Remtech's CEO. "Seamless integrated the GPS antenna into the body of the device and the final result is a very clean and attractive mobile computing and communications platform that we believe holds great potential in our target markets."
Remtech is leveraging the portability and functionality of the S-XGen(TM) to spearhead their drive to become one of Europe's leading mobile learning solutions providers in the education sector. The S-XGen(TM) will fit neatly into the current product range of audio visual, telecommunications and information technology products Remtech currently distributes. ( http://www.remtech.com )
About Seamless Wi-Fi:
Seamless Wi-Fi, Inc. (www.slwf.net) is a Las Vegas-based company listed on the OTC Bulletin Board under the symbol SLWF. Seamless Wi-Fi develops and markets secure cutting-edge internet communications products and services through its three operating subsidiaries: Seamless Skyy-Fi, Inc., Seamless Peer 2 Peer, Inc., and Seamless Internet, Inc. Seamless Skyy-Fi, Inc. (www.skyyfi.com) has Wi-Fi hotspots and is developing the "Secure Internet Browsing" Wi-Fi encryption software program "SInB(TM)." Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) has developed and launched Phenom(TM) V3.0, its Secure Peer 2 Peer Virtual Internet Extranet encryption software, which provides SOX and HIPAA-compliant internet communications over standard internet services. Seamless Internet, Inc. (www.seamlessinternet.com) is manufacturing and marketing the S-XGen(TM) Ultra Mobile Personal Computer and Communications Device including a 3G phone that combines portability, connectivity, processing power and entertainment capabilities for the ultimate road-warrior laptop replacement. Seamless Internet also provides secure hosting services for all Seamless Wi-Fi company clientele.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Seamless Wi-Fi or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
S-XGen(TM) Featured With 'Hard Drive by Hitachi' in Hitachi GST Booth at Computex 2007 Thursday June 14, 8:45 am ET
LAS VEGAS, NV--(MARKET WIRE)--Jun 14, 2007 -- Seamless Wi-Fi, Inc. (OTC BB:SLWF.OB - News) subsidiary Seamless Internet, Inc. today reported that the S-XGen(TM) was featured under 'Hard Drive by Hitachi' labeling in the Hitachi Global Storage Technologies exhibition at Computex 2007 in Taipei, Taiwan.
ADVERTISEMENT "We were pleased to have the S-XGen(TM) featured in the Hitachi GST exhibition at Computex," said John Domerego, president of Seamless Internet, Inc. "Hitachi has a well-deserved reputation for performance and reliability and we have found that using fast and robust Hitachi hard drives in the S-XGen(TM) gives the unit a significant competitive advantage. Hitachi helps us fulfill our commitment to provide our clients with both a high-performance and high-quality product."
Using the Hitachi TravelStar® C4K60 Slim hard disk drive, the S-XGen(TM) is a strong contender in the rapidly expanding Ultra Mobile Personal Computer (UMPC) class of minicomputers. The S-XGen(TM) features integrated cellular, wi-fi and Bluetooth connectivity, a 20 Gb Hitachi hard drive, and an almost full-size fold-out keyboard -- all in a convenient form factor weighing only 11 ounces.
Hitachi GST is a storage technology leader, founded in 2003 through the combination of Hitachi's and IBM's hard disk drive businesses. Hitachi GST enables users to fully engage in the digital lifestyle by providing high-value hard disk storage in formats suitable for the office, on the road and in the home.
With its legacy in hard drive invention, Hitachi GST led the industry in celebrating the storage technology's golden anniversary in 2006. The hard drive has had a profound effect on the computing and consumer electronics industries after five decades of innovation. That heritage lives on at Hitachi GST today through products that define the standard for hard drive miniaturization, capacity, performance and reliability.
With approximately 33,000 employees worldwide, Hitachi GST offers a comprehensive range of hard drive products for desktop computers, high-performance servers, notebooks and consumer devices. For more information, please visit the company's web site at www.hitachigst.com.
About Seamless Wi-Fi:
Seamless Wi-Fi, Inc. (www.slwf.net) is a Las Vegas-based company listed on the OTC Bulletin Board under the symbol SLWF. Seamless Wi-Fi develops and markets secure cutting-edge internet communications products and services through its three operating subsidiaries: Seamless Skyy-Fi, Inc., Seamless Peer 2 Peer, Inc., and Seamless Internet, Inc. Seamless Skyy-Fi, Inc. (www.skyyfi.com), has Wi-Fi hotspots and is developing the "Secure Internet Browsing" Wi-Fi encryption software program "SInB(TM)." Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) has developed and launched Phenom(TM) V3.0, its Secure Peer 2 Peer Virtual Internet Extranet encryption software, which provides SOX and HIPAA-compliant internet communications over standard internet services. Seamless Internet, Inc. (www.seamlessinternet.com) is manufacturing and marketing the S-XGen(TM) Ultra Mobile Personal Computer and Communications Device including a 3G phone that combines portability, connectivity, processing power and entertainment capabilities for the ultimate road-warrior laptop replacement. Seamless Internet also provides secure hosting services for all Seamless Wi-Fi company clientele.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Seamless Wi-Fi or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
Contact:
Rich Schineller 646.257.3969 rich*slwf.net
Source: Seamless Wi-Fi, Inc.
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