SAN DIEGO, CA–(Marketwire – 02/22/11) – Franklin Wireless Corp. (OTC.BB:FKWL – News), the market leader in dual-mode WiMAX and CDMA modems for 3G and 4G wireless broadband data communications, today announced that it is celebrating its 30th anniversary in the telecommunications industry. The Company was founded in 1981 under the name Franklin Telecommunications Corp. and was a supplier of various communications devices as well as LAN, WAN and satellite systems and software and was an early pioneer and innovator of Voice over Internet Protocol (VoIP) technology. In 2003, Franklin Telecommunications merged with cell phone designer Accetio Inc., and the company was renamed Franklin Wireless. Today, Franklin Wireless enjoys a leadership position in the dual-mode USB modem market and its expanding product portfolio also includes single-mode USB modems, stand-alone modems, embedded modules and Wi-Fi “hotspot” routers. The Company recently announced the upcoming launch of the M700 Series of embedded modules as well as the U700 Series of USB modems, which will operate over LTE, HSPA+ and EVDO networks.
“It is with great pride that we mark 30 years in the telecommunications industry,” stated OC Kim, president of Franklin Wireless. “Our Company has a long history of innovation and as we look to the future, I would like to personally thank our customers, suppliers, shareholders, board members and employees for their support, dedication and contributions to the success of Franklin Wireless.”
About Franklin Wireless
Franklin Wireless Corp. (OTC.BB:FKWL – News) is engaged in the design, manufacture and sale of high speed wireless data products including third generation (“3G”) and fourth generation (“4G”) modems, routers and modules. Our current products are focused on widely deployed cellular technologies including CDMA EVDO Rev A, HSPA, WiMAX and LTE. We were the world’s first supplier of both CDMA EVDO Rev A and dual-mode (CDMA EVDO Rev A/WiMAX) Universal Serial Bus (USB) modems. Franklin’s other products include Wi-Fi “hotspot” routers (which operate over WiMAX or CDMA networks) and wireless modules that are generally sold to original equipment manufacturers (OEMs). Our company’s primary customers are wireless carriers who seek innovative, reliable and cost effective technology solutions for their subscribers. Our customer base extends from the United States to South America and the Caribbean.
Franklin Wireless is headquartered in San Diego, California and has a majority ownership position in Franklin Technology Inc. (FTI), a research and development facility located in Seoul, South Korea. FTI provides design, development and manufacturing services to Franklin for its wireless data products. For additional information, please visitwww.franklinwireless.com.
Safe Harbor Statement:
Certain statements in this press release constitute “forward-looking statements” within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements.
Franklin Wireless Corp.