SOURCE: iPackets International, Inc

November 22, 2005 09:30 ET

iPackets International Announces Acquisition of Mobile Intellectual Property Assets, Including Wireless Software Technologies to Provide VoIP Solutions

VANCOUVER, BC -- (MARKET WIRE) -- November 22, 2005 -- iPackets International, Inc. (OTC: IPKL), a global provider of wireless data solutions for the network operator and enterprise markets, announced today that it has acquired intellectual property assets that include a breakthrough wireless software technology called RPM (Reliable Packet Management). Validation of the RPM technology and approach comes from a major U.S. semiconductor manufacturer who tested the RPM technology in their labs in February 2003. The RPM technology was the only technology selected out of 150 other competitors. "We are extremely excited to complete this asset acquisition and add wireless technologies to our portfolio," said Naiel Kanno, president and CEO of iPackets.

Substantial investment has been spent on the RPM proprietary technology to date. Utilizing the RPM technology as a foundation, iPackets intends on targeting multiple markets with a well-rounded set of products that draw on the core technologies provided by many years of research and development. These include network operator, VoIP (Voice over Internet Protocol), and enterprise solutions.

About iPackets International, Inc.

iPackets International is a global provider of wireless data solutions for the network operator and enterprise markets that connect on-the-move professionals to applications -- efficiently and reliably. iPackets' network operator and VoIP solutions consist of the iPRoam and iPTalk products. iPackets' enterprise solutions consist of iPSuite and iPMine. iPackets utilizes its breakthrough wireless technology, Reliable Packet Management (RPM), to manage data packets over any wireless network and virtually on any wireless device. For more information, please visit www.ipackets.com

Certain statements included in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations.

Contact Information

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