Zi Corporation Signs Agreement with One of Top Ten Global Wireless Service Operators for Qix'TM' Wednesday September 27, 8:00 am ET
First Deployment of Qix Mobile Search & Discovery Solution
CALGARY, ABLBERTA--(MARKET WIRE)--Sep 27, 2006 -- Zi Corporation (TSX:ZIC.TO - News)(NASDAQ:ZICA - News), a leading provider of intelligent interface solutions for mobile devices, today announced it has signed a contract with a major global wireless service operator to incorporate Zi's revolutionary mobile search and service discovery solution, Qix, into its wireless mobile devices. It is expected that a joint announcement will be made with the operator when units ship into the marketplace during fourth quarter of 2006. ADVERTISEMENT
The agreement calls for Zi to receive an upfront fee plus a unit license fee for every handset embedded with Qix sold by the operator. A full customization package will be provided to support carrier branding and enhance end-user experience. Zi expects that a successful initial rollout will be followed by large-scale deployment on multiple handsets and platforms.
This deal follows a trial with UK operator Virgin Mobile that demonstrated a 33 percent increase in ARPU (average revenue per user) among consumers in the trial. These trial results back Zi's claim that Qix is the key to removing barriers to revenue-producing features on mobile handsets. Based on the significant revenue opportunities that Qix brings to customers, the fee structure for this type of agreement represents a considerable increase when compared to the license fees the Company typically receives for its other user input technologies.
Zi President and CEO Milos Djokovic commented, "This agreement is a major milestone achievement for Zi. It is the first revenue generating agreement for our breakthrough Qix technology with a major wireless operator and it is a key step in our strategy to capture a significant share of the global wireless market with Qix."
"We are proud of our reputation as innovators and with Qix we feel we have made a significant contribution towards helping users get the most from their phones - while helping operators generate much-needed increased revenues," added Djokovic. "Qix has already proved itself with Virgin Mobile and it is now set to help other operators around the world."
About Qix
Qix is an innovative mobile search and service discovery solution that enables rapid discovery of contacts, features, services and more, on mobile handsets. Qix removes barriers to revenue-producing features on mobile phones by significantly reducing the number of key presses needed to navigate through content. As a result, it increases service usage and adoption resulting in greater ARPU for carriers. Qix interactive memory remembers user data for future access, and tracks and prioritizes frequently used personal selections based on individual usage patterns.
About Zi Corporation
Zi Corporation is a technology company that delivers intelligent interface solutions to enhance the user experience of wireless and consumer technologies. The company provides device manufacturers and network operators with a full range of intuitive and easy-to-use input solutions, including: eZiType(TM) for keyboard prediction with auto-correction; eZiText® for one-touch predictive text entry; Decuma® for predictive pen-input handwriting recognition; and the Qix search and service discovery engine to enhance the user experience and drive service usage and adoption. Zi's product portfolio dramatically improves the usability of mobile phones, PDAs, gaming consoles and television set-top boxes and the applications on them including SMS, MMS, e-mail and Internet browsing. Zi supports its strategic partners and customers from offices in Asia, Europe and North America. A publicly traded company, Zi Corporation is listed on the Nasdaq National Market (ZICA) and the Toronto Stock Exchange (ZIC).
This release may be deemed to contain forward-looking statements, which are subject to the safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of Zi Corporation that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: the growth trends in the input technology industry; new product development; global economic conditions and uncertainties in the geopolitical environment; financial and operating performance of Zi's OEM customers and variations in their customer demand for products and services; the ability to successfully acquire businesses and technologies and to successfully integrate and operate these acquired businesses and technologies; dependence on the introduction and market acceptance of new product offerings and standards; rapid technological and market change; matters affecting Zi Corporation's significant shareholder; litigation involving patents, intellectual property, and other matters; the ability to recruit and retain key personnel; Zi Corporation's ability to manage financial risk; currency fluctuations and other international factors; potential volatility in operating results and other factors listed in Zi Corporation's filings with the Securities and Exchange Commission. Any projections in this release are based on limited information currently available to Zi Corporation, which is subject to change. Although any such projections and the factors influencing them will likely change, except to the extent required by law, Zi Corporation will not necessarily update the information. Such information speaks only as of the date of this release.
Zi, eZiType, eZiText, Decuma and Qix and are either trademarks or registered trademarks of Zi Corporation. All other trademarks are the property of their respective owners.
Contact: Contacts: For Zi Corporation: GBCS PR (European media) Brian Dolby or Bethany Caldwell +44 (0) 115 948 6901 Email: brian*gbcspr.com / bethany*gbcspr.com
Schwartz Communications (North American media) Keith Giannini (781) 684-0770 Email: zicorp*schwartz-pr.com
Allen & Caron Inc. (investor relations) Jill Bertotti (949) 474-4300 Email: jill*allencaron.com
-------------------------------------------------------------------------------- Source: Zi Corporation
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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Zi Corporation Implements Next Phase of Strategy CALGARY, ALBERTA -- (MARKET WIRE) -- September 25, 2006 -- Zi Corporation (NASDAQ: ZICA)(TSX: ZIC), a leading provider of intelligent interface solutions, today announced that it has begun to implement the next phase of the business strategy launched following the appointment in May of new President and CEO, Milos Djokovic. A key component of this phase of the strategy is to drive towards positive Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA). To achieve this objective, Zi has identified operating expense reductions which will be implemented throughout the remainder of 2007. Some of these expense reduction programs have already been implemented, the impact of which will be seen in the quarter ending September 30 and further results will be seen throughout the following three quarters. In addition, Zi expects inroads into the marketplace with Qix™, its mobile search solution, resulting in growth in Qix-related revenue over the next two years.
"Now that we have succeeded in a market test with Qix, and with our strong pipeline of new deals across all product lines, the time is right to shift our focus to profitability", said Milos Djokovic, President and Chief Executive Officer of Zi Corporation. "Our commitment is for Zi to become consistently profitable as soon as practical, while at the same time completing important product development initiatives."
Operating expenses are expected to be approximately $2 million less in the second half of 2006 versus the first half of 2006. For the full year 2007, operating expenses are expected to be approximately $2.5 million lower than in 2006. These reductions in expense are not expected to have a detrimental effect on either revenue gains or continued software development.
About Zi Corporation
Zi Corporation (www.zicorp.com) is a technology company that delivers intelligent interface solutions to enhance the user experience of wireless and consumer technologies. The company provides device manufacturers and network operators with a full range of intuitive and easy-to-use input solutions, including: eZiText® for one-touch predictive text entry; eZiTap™ for intelligent multi-tap entry, eZiType™ for keyboard prediction with auto-correction, Decuma® for predictive pen-input handwriting recognition and the Qix service discovery engine to enhance the user experience and drive service usage and adoption. Zi's product portfolio dramatically improves the usability of mobile phones, PDAs, gaming devices and set-top boxes and the applications on them including SMS, MMS, e-mail and Internet browsing. Zi supports its strategic partners and customers from offices in Asia, Europe and North America. A publicly traded company, Zi Corporation is listed on the Nasdaq National Market (ZICA) and the Toronto Stock Exchange (ZIC).
This release may be deemed to contain forward-looking statements, which are subject to the safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of Zi Corporation that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: the growth trends in the input technology industry; new product development; global economic conditions and uncertainties in the geopolitical environment; financial and operating performance of Zi's OEM customers and variations in their customer demand for products and services; the ability to successfully acquire businesses and technologies and to successfully integrate and operate these acquired businesses and technologies; dependence on the introduction and market acceptance of new product offerings and standards; rapid technological and market change; matters affecting Zi Corporation's significant shareholder; litigation involving patents, intellectual property, and other matters; the ability to recruit and retain key personnel; Zi Corporation's ability to manage financial risk; currency fluctuations and other international factors; potential volatility in operating results and other factors listed in Zi Corporation's filings with the Securities and Exchange Commission. Any projections in this release are based on limited information currently available to Zi Corporation, which is subject to change. Although any such projections and the factors influencing them will likely change, except to the extent required by law, Zi Corporation will not necessarily update the information. Such information speaks only as of the date of this release.
Zi, Decuma, Qix, eZiTap, eZiText and eZiType are either trademarks or registered trademarks of Zi Corporation. All other trademarks are the property of their respective owners.
posted
Zi Corporation Appoints Interim CFO CALGARY, ALBERTA -- (MARKET WIRE) -- September 11, 2006 -- Zi Corporation (TSX: ZIC) (NASDAQ: ZICA), a leading provider of intelligent interface solutions, today announced that it has named veteran finance and operations executive Blair Mullin as interim Chief Financial Officer effective immediately. Mullin is a Partner in the Portland practice of Tatum, LLC. Mullin will report directly to President and Chief Executive Officer Milos Djokovic. A search for a permanent CFO is underway.
As a Tatum Partner since 2003, Mullin has served as Interim Chief Financial Officer and/or provided Financial Leadership for two consumer products companies, a $100 million industrial construction firm and several manufacturers.
"We are fortunate to have Blair join our finance team," said Milos Djokovic, President and Chief Executive Officer of Zi Corporation. "With his specialized expertise as a senior international executive in public and private companies, Blair will be a tremendous asset in helping Zi move forward."
Prior to joining Tatum, LLC, Mullin was President and Chief Operating Officer for International DisplayWorks, Inc., a manufacturer of LCD displays and modules; and Chairman, President and Chief Financial Officer of Morrow Snowboards. Mullin has held other leadership positions at Westbeach Canada, ULC, British Columbia Mercantile Corp., and Padovano Foods, Ltd.
Mullin holds a Master of Business Administration from the University of Western Ontario and a Bachelor of Arts in Economics from Wilfrid Laurier University.
About Zi Corporation
Zi Corporation (www.zicorp.com) is a technology company that delivers intelligent interface solutions to enhance the user experience of wireless and consumer technologies. The company provides device manufacturers and network operators with a full range of intuitive and easy-to-use input solutions, including: eZiText® for one-touch predictive text entry; eZiTap™ for intelligent multi-tap entry, eZiType™ for keyboard prediction with auto-correction, Decuma® for predictive pen-input handwriting recognition and the Qix service discovery engine to enhance the user experience and drive service usage and adoption. Zi's product portfolio dramatically improves the usability of mobile phones, PDAs, gaming devices and set-top boxes and the applications on them including SMS, MMS, e-mail and Internet browsing. Zi supports its strategic partners and customers from offices in Asia, Europe and North America. A publicly traded company, Zi Corporation is listed on the Nasdaq National Market (ZICA) and the Toronto Stock Exchange (ZIC).
About Tatum
Tatum is the largest and fastest-growing executive services firm in the United States, helping companies in transition to accelerate business success and create more value™. Through more than 33 offices nationwide, Tatum's 700+ executive partners and professionals provide strategic and operating leadership in finance and information technology. Tatum's uniqueness is in its ability to immediately mobilize and integrate the right leadership to assess, forecast, plan and oversee any business scenario. Founded in 1993, Tatum is based in Atlanta, Georgia. For more information, please visit www.TatumLLC.com.
This release may be deemed to contain forward-looking statements, which are subject to the safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of Zi Corporation that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: the growth trends in the input technology industry; new product development; global economic conditions and uncertainties in the geopolitical environment; financial and operating performance of Zi's OEM customers and variations in their customer demand for products and services; the ability to successfully acquire businesses and technologies and to successfully integrate and operate these acquired businesses and technologies; dependence on the introduction and market acceptance of new product offerings and standards; rapid technological and market change; matters affecting Zi Corporation's significant shareholder; litigation involving patents, intellectual property, and other matters; the ability to recruit and retain key personnel; Zi Corporation's ability to manage financial risk; currency fluctuations and other international factors; potential volatility in operating results and other factors listed in Zi Corporation's filings with the Securities and Exchange Commission. Any projections in this release are based on limited information currently available to Zi Corporation, which is subject to change. Although any such projections and the factors influencing them will likely change, except to the extent required by law, Zi Corporation will not necessarily update the information. Such information speaks only as of the date of this release.
Zi, Decuma, Qix, eZiTap, eZiText and eZiType are either trademarks or registered trademarks of Zi Corporation. All other trademarks are the property of their respective owners.
Our system posted a HOLD today. The previous BUY recommendation was issued on 09.25.2006 (2) days ago, when the stock price was 0.7000. Since then ZICA has gained 70.00% .
The previous SELL-IF signal is now null and invalid. The bearish alert is rejected by today’s long white candlestick. Continue to hold the stock and wait for a new signal.
Do not bother yourself with further buying or selling as long as the HOLD tag stays. Keep away from short selling as well.
Data provided by: End of Day Data
HOLD
1.1900 +0.5200 +77.61%
Candlestick Analysis Today’s Candlestick Patterns: White Opening Marubozu
Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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ZICA - ZI CORPORATION (NASDAQ) Date Open High Low Last Change Volume % Change 09/27/06 0.75 1.20 0.75 1.19 +0.52 751636 +77.61%
Composite Indicator Trend Spotter TM Hold
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Buy
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 78647
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 50% - Buy 50-Day Average Volume - 60939
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: - Hold 100-Day Average Volume - 54673
Overall Average: 40% - Buy
Price Support Pivot Point Resistance
1.19 0.60 1.05 1.50
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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ZICA has absolutely been steamrolling shorts. Looks like it may have finally topped today though.
Posts: 83 | Registered: May 2006
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