14 April 2004, 3:34pm ET
PHOENIX, April 14 /PRNewswire-FirstCall/ -- Synosphere, Inc., a wholly owned subsidiary of iBIZ Technology Corporation (BB:IBZT), a developer of innovative PDA technologies, announced today that Synosphere is offering to license its patent pending satellite radio handheld accessory technology to qualified partners (Application #10/801,973).
This license opportunity will allow qualified partners the ability to develop, manufacture, and market satellite radio PDA and Smartphone accessories.
"Our patent pending satellite radio technology, once developed, will allow satellite radio subscribers the ability to listen to satellite radio directly on their PDAs or Smartphones anywhere they can receive a satellite radio signal. This accessory will simply attach to a handheld computer through various handheld computer expansion ports and allow subscribers to listen to high quality audio using wired or optional wireless stereo headphones. In addition, our architecture also provides an option for subscribers to listen to satellite radio on any nearby FM audio receiver without using any wires. It also provides subscribers the ability to personalize their satellite radio experience by using a full color graphical user interface," commented Bryan A. Scott, CEO of Synosphere. "We are really excited about this technology and look forward to working with licensees to bring this exciting product to market."
Through strategic partnerships with future licensees Synosphere believes it will provide the satellite radio industry an alternative solution to offer its growing customer base.
About Synosphere, Inc.
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IBZT 0.033 0.0025dollars or (7.04%)
Synosphere -- a wholly owned subsidiary of iBIZ, Technology Corporation www.ibizcorp.com -- is a developer of innovative PDA technologies that expand and enhance the PDA experience. For more information visit www.synosphere.com or contact Synosphere at info@synosphere.com .
For further information, please contact: Media, Belinda Banks of S&S Public Relations, +1-718-320-4898, Belinda@sspr.com , for Synosphere, Inc.; or Investor Relations, Ed Lewis of CEOcast, +1-212-732-4300, for Synosphere, Inc.
"Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov ). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise."