Bob Hart Joins Cequint as Chairman
SEATTLE, WA – Feb. 20, 2007 – Cequint, Inc. developer of advanced caller identification technology for wireless carriers, announced today that Bob Hart has joined its Board of Directors as Chairman.
Hart was CEO of Tegic Communications, developers of T9 - the leading predictive text application for mobile phones. Under his leadership, the company established commanding market share with wireless operators and OEMs worldwide, then was purchased by AOL.
“I am very impressed with Cequint’s technology and excited about the company’s patented approach to providing the answer to a major void in wireless – lack of a compelling Caller ID experience. Cequint is uniquely positioned to help wireless carriers drive incremental revenue from a ‘voice’ feature that works automatically every time the phone rings,” Hart said. “I look forward to making every contribution I can that helps Cequint and its carrier partners.”
Cequint is the creator of City ID, an advanced caller identification technology that enables subscribers to identify unknown numbers by displaying the city and state of an incoming call. Previously, wireless subscribers were left guessing area codes and locations to try and identify unknown callers.
“We’re tremendously gratified by Bob’s decision to join our team here at Cequint,” said Cequint CEO Rick Hennessey. “Bob has a unique track record of identifying and scaling wireless opportunities. His involvement further validates the mass market potential of City ID.”
About Cequint
Cequint, Inc., is a privately held company headquartered in Seattle, Washington. Founded in 2004, Cequint develops software applications for mobile telecommunications devices. The company develops applications that enhance the mobile experience and drive carrier revenues. Additional information about Cequint available at www.cequint.com.
Safe Harbor Statement
This press release contains forward-looking statements made by Cequint, Inc. and Agere Systems, Inc. that involve risks and uncertainties. These statements include, but are not limited to, the duration of the license agreement between Cequint and Agere and the anticipated application release of the City ID family of mobile device applications beginning in the second quarter of 2005. Actual results and outcomes may differ materially. Factors that might cause a difference include, but are not limited to, factors relating to the pace of development and market acceptance of Cequint's products and the mobile applications market generally, commercialization and technological delays or difficulties, the impact of competitive products and technologies, competitive pricing pressures, manufacturing risks, the possibility of Cequint's products infringing patents and other intellectual property of third parties, product defects, costs of product development, manufacturing and government regulation,
risks inherent in emerging markets, including but not limited to, currency volatility and depreciation, restricted access to financing and political and social unrest. Cequint and Agere undertake no responsibility to update these forward-looking statements to reflect events or circumstances after the date hereof.
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Source: Cequint, Inc. www.cequint.com
