Multi-Tech Systems and Symstream Release ATM Cellular Wireless Modem With Symstream Technology


MINNEAPOLIS, January 21 /PRNewswire/ --

- Combining Multi-Tech's SocketModem and Symstream's Wireless Technology
for the Financial and Retail Transaction Market

Multi-Tech(R) Systems, Inc., a leading data communications and
telecommunications technology manufacturer based in Minneapolis, Minnesota,
and Symstream(TM) Americas Inc., a Texas-based wireless technology company,
announced today the release of their SocketModem(R) SS embedded cellular
wireless modem. Designed to reduce ATM fleet management cost on Symstream
enabled GSM/3G networks, the SocketModem SS (Model MTSMC-G1-SS) cellular
wireless modem incorporates Multi-Tech Systems' cellular wireless hardware
and Symstream's internationally patented data transfer protocol that is fully
supported by Symstream's management and gateway system.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040505/MTSLOGO )

The SocketModem SS offers greater flexibility and connectivity for ATM
terminals, kiosks and POS terminals as it provides connectivity throughout
the carrier's larger GSM (voice) wireless network as distinct from their
packet data network. Now shipping in the USA utilizing the AT&T GSM network,
the SocketModem SS will be available in Asia and Europe in Q1 of this year.

Another benefit of the SocketModem SS is that it is plug compatible with
the Multi-Tech dial-up SocketModem currently used in many of the leading
ATM's in the USA marketplace therefore allowing a simple, cost effective
upgrade to this new powerful cost saving wireless modem. An external model is
also planned supporting Ethernet, RS-232 and USB interfaces.

The SocketModem SS, when connected to the Symstream network, also
provides access to the comprehensive Symstream Souran management system which
supports remote operation and a high level of performance monitoring allowing
network and fleet operators to potentially reduce their overall costs and
provide greater uptime for their ATM fleet. Souran is a carrier grade
management platform that offers flexible connectivity to ATM terminals,
kiosks and Point of Sale terminals. Souran management offers GPRS, EDGE,
UMTS, HSDPA and optionally HSUPA capabilities designed to operate on a
variety of platforms from a central point.

Commenting on the SocketModem SS release, Symstream's Sales and Marketing
Director, Mark Gamon said, "Multi-Tech and Symstream's synergies and
cooperative relationship ensure that our customers will continue to receive a
quality product in a timely manner. Multi-Tech's excellent in-house hardware
design team, global recognition for their product quality, and also
international sales and support network combined with Symstream's
world-leading wireless technology, will create an end-to-end solution and
strengthen our entry to serve the worldwide financial market."

Sharing his views on the release, Bill Chesney, Vice President of Sales
and Marketing, of Multi-Tech Systems said, "This new product is an excellent
example of both companies focusing on their respective strengths while
delivering a superior and seamless solution to our mutual customers. This
will provide our customers with the strongest, most flexible and secure
managed wireless connectivity solution available today."

About Multi-Tech Systems

Multi-Tech Systems, a leading data communications and telecommunications
technology company based in suburban Minneapolis, is an ISO 9001:2000
certified global manufacturer of Unified Communications products connecting
voice and data over IP networks. It is certified by the WBENC as a Women's
Business enterprise, and by C-TPAT (Custom Services Trade Partnership Against
Terrorism). Multi-Tech Systems has 70 U.S. patents and numerous international
patents. Contact Multi-Tech in the U.S. at +1-800-328-9717 or +1-763-785-3500
, via fax at +1-763-785-9874, EMEA at T: +44-118-959-7774 (UK) or T:
+33-1-49-19-22-06 (France), or via fax at F: +44-118-959-7775 (UK) or F:
+33-1-49-19-21-00 (France) or at http://www.multitech.com.

About Symstream Americas Inc.

Symstream Americas Inc. is involved in the development and
commercialization of wireless telecommunications applications and services.
The company is currently launching its new, wireless telecommunications
technology, Symstream Souran Platform (SSP). With the ability to be rolled
out across existing GSM networks in over 250 countries, Symstream is
positioned to become the global standard. The target market for the Symstream
(TM) technology is initially the financial transaction sector serving banks
and other financial service providers with a standardized reliable, secure,
fast and low cost wireless service that can be used to connect their fleets
of ATM's, EFTPOS, financial kiosk machines and terminals cost effectively.

For more information, visit http://www.symstream.com.

© PR Newswire Association LLC.

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