| To: Mr. Jens Tingleff who wrote (33) | 4/9/2001 8:35:35 AM | | From: StockDung | | | | Finity Holdings Inc · S-8 · On 4/14/98
google.com
EXHIBIT INDEX
Document Description of Document
4.1 Consulting Agreement between the Registrant
and Michael Markow dated March 20, 1998
5.1 Opinion of Matthias & Berg LLP
24.1 Consent of Matthias & Berg LLP (included in Exhibit 5.1)
24.2 Consent of David T. Thompson, P.C.
24.3 Consent of Davis Kinard & Co., P.C.
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FINANCIAL CONSULTING AGREEMENT
THIS AGREEMENT is made and entered into as of this 20th day of March,
1998, and is made by and between Worldwide Corporate Finance, a California
corporation (hereinafter, "Consultant") and Columbia Capital Corporation, a
Delaware corporation (hereinafter, "CLCK").
WITNESSETH:
WHEREAS, CLCK is desirous of obtaining financial advice and business
consulting services (hereinafter, the "Services");
WHEREAS, Consultant is experienced in providing financial advice and
business consulting services such as the Services desired by CLCK;
WHEREAS, CLCK desires to retain Consultant and Consultant desires to
be retained to provide the Services to CLCK;
WHEREAS, Consultant will devote substantial time and incur substantial
expense in connection with the provision of the Services to CLCK, under and
pursuant to the terms of this Agreement; and,
WHEREAS, in consideration for Consultant agreeing to devote the time
and incur the expense in performing the Services under and pursuant to the terms
of this Agreement, CLCK agrees to pay Consultant the considerations called for
in this Agreement.
NOW, THEREFORE, in consideration of the premises and of the mutual
covenants herein set forth, CLCK and Consultant hereby agree as follows:
AGREEMENT
Section 1. CONSULTING SERVICES. Consultant shall provide to CLCK, when
and as requested by CLCK, from time to time and during normal business hours,
financial advice and business consulting services concerning, but not limited
to:
(i) providing long-term business, managerial and financial planning;
(ii) investigating and analyzing corporate reorganization and
expansion, and merger/acquisition opportunities; and,
(iii) introduce business opportunities for card processing service.
Section 2. OTHER SERVICES. In connection with the Services to be
provided by Consultant, Consultant shall assist CLCK in the accumulation of any
due diligence material and in the preparation of any and all documents on behalf
of CLCK as deemed necessary and appropriate by Consultant. Notwithstanding the
foregoing, Consultant shall be under no obligation to provide Services for any
minimum number of hours per month during the term hereof. Any other services
requested by CLCK, such as, for example, obtaining and/or rendering legal, tax
or other opinions on specific transactions, shall be the subject of separate
agreements between CLCK and Consultant if not otherwise covered hereunder.
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Section 3. TERM OF AGREEMENT. This Agreement shall become effective as
of the date first written above and shall continue for a period of One (1) Year
thereafter (hereinafter, the "Term"), at which time this Agreement shall
automatically expire.
Section 4. SCOPE OF RETENTION. CLCK hereby retains Consultant as its
non-exclusive financial advisor and business consultant during the Term of this
Agreement. In the event that CLCK does not call upon Consultant to perform
Services during the Term of this Agreement, CLCK shall nonetheless remain liable
to pay the compensation and refund of expenses as set forth in Sections 5, 6 and
7 hereof.
Section 5. INITIAL COMPENSATION. As the initial compensation for the
Services, CLCK shall grant to Consultant upon execution of this Agreement
options (hereinafter, the "Retainer Options") to purchase up to Three Hundred
Thousand (300,000) shares of CLCK's common stock (hereinafter, the "Shares")
which Retainer Options shall be treated as a non-refundable retainer
(hereinafter, the "Retainer"). The Shares underlying the Retainer Options shall
be included by CLCK in a registration statement on Form S-8 or other appropriate
form which CLCK shall file, with counsel selected and paid for by Consultant,
with the Securities and Exchange Commission (hereinafter, the "SEC") to register
those Shares as soon as CLCK may lawfully do so.
The Retainer Options shall vest as follows:
(i) One Hundred Fifty Thousand (150,000) options
(hereinafter, the "First Retainer Options") each of these First Retainer Options
entitling Consultant to purchase One (1) Share at the price per Share equal to
Eighty Five Percent (85%) of the closing bid price for the Shares on the date
first written above (hereinafter, the "Retainer Option Exercise Price"),
which First Retainer Options shall be exercisable from April 1st, 1998 and for
a period of One (1) Year thereafter;
(ii) Seventy Five Thousand (75,000) options
(hereinafter, the "Second Retainer Options") each of these Second Retainer
Options entitling Consultant to purchase One (1) Share at a price per Share
equal to the Retainer Option Exercise Price, which Second Retainer Options
shall be exercisable Ninety (90) Days from the date first written above and
for a period of One (1) Year thereafter; and,
(iii) Seventy Five Thousand (75,000) options
(hereinafter, the "Third Retainer Options") each of these Third Retainer Options
entitling Consultant to purchase One (1) Share at a price per Share equal to
the Retainer Option Exercise Price, which Third Retainer Options shall be
exercisable One Hundred Eighty (180) Days from the date first written above and
for a period of One (1) Year thereafter.
Section 6. ADDITIONAL COMPENSATION. In addition to the Retainer
payable pursuant to Section 5 hereof, Consultant shall be compensated with
options (collectively, the "Options") as follows:
(i) One Hundred Thousand (100,000) Options
(hereinafter, the "First Options") each of these First Options entitling
Consultant to purchase One (1) Share at the price per Share equal to Eighty
Five Percent (85%) of the closing bid price for the Shares on February 9th,
1998, which First Options shall be exercisable from April 1st, 1998 and for a
period of One Hundred Twenty (120) Days thereafter;
(ii) One Hundred Thousand (100,000) Options
(hereinafter, the "Second Options")each of these Second Options entitling
Consultant to purchase One (1) Share at a price per Share equal to the closing
bid price for the Shares on February 9th, 1998, which Second Options shall be
exercisable from April 1st, 1998 and for a period of One Hundred Eighty (180)
Days thereafter;
(iii) One Hundred Thousand (100,000) Options
(hereinafter, the "Third Options") each of these Third Options entitling
Consultant to purchase One (1) Share at a price per Share equal to Eighty Five
Percent (85%) of the closing bid price for the Shares on the date the Third
Options are exercised, which Third Options shall be exercisable from April 1st,
1998 and for a period of One (1) Year thereafter; and,
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(iv) One Hundred Thousand (100,000) Options
(hereinafter, the "Fourth Options") each of these Fourth Options entitling
Consultant to purchase One (1) Share at a price per Share equal to Eighty Five
Percent (85%) of the closing bid price for the Shares on the date the Fourth
Options are exercised, which Fourth Options shall be exercisable from April
1st, 1998 and for a period of Two (2) Years thereafter.
CLCK shall undertake to file a registration statement on Form S-8 or other
appropriate form, with counsel selected and paid for by Consultant, to register
with the SEC the Shares underlying the Options as soon as CLCK may lawfully do
so.
Section 7. PAYMENT OF REASONABLE COSTS. Consultant shall be reimbursed
for all its out-of-pocket expenses, including its travel and entertainment,
incurred by Consultant in connection with the performance of the Services
pursuant hereunder. All fees and disbursements for engagements specific to the
Services provided, if any, must be approved in writing by CLCK and shall be the
subject of separate agreements if not otherwise covered hereunder.
Section 8. COUNTERPARTS. This Agreement may be executed in multiple
counterparts, each of which shall be deemed an original and all of which taken
together shall be but a single instrument.
Section 9. EXPERT TESTIMONY. Should Consultant or any of its employees,
contractors or affiliates be required to testify in the event of any litigation
relating to matters with respect to which Consultant has expertise, such as, for
example, matters similar to the Services pursuant hereunder, CLCK agrees to pay
Consultant or its designee, the Per Diem rate customary for experts providing
such expert testimony in the jurisdiction where such testimony is to be
provided, plus reasonable out of pocket expenses, for all the time required for
such testimony.
Section 10. INDEMNIFICATION. CLCK and Consultant agree to indemnify and
hold the other party and all of the other party's officers, directors,
employees, affiliates and agents harmless from and against any and all manner of
actions, causes of action, claims, demands, costs, damages, liabilities, losses,
obligations and expenses (including actual attorneys' fees) arising or resulting
from or related to Consultant's performance of the Services pursuant hereunder,
unless they are due to breach of this Agreement or gross negligence or willful
misconduct of the party to be indemnified or of any of its officers, directors,
employees, affiliates and agents.
Section 11. INDEPENDENT CONTRACTOR. Consultant and CLCK hereby
acknowledge and agree that Consultant is an independent contractor and is not a
licensed broker-dealer. Consultant shall not hold itself out as, nor shall it
take any action from which others might infer that it is a partner or agent of,
or a joint venturer with CLCK. In addition, Consultant shall take no action
which binds, or purports to bind, CLCK.
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Section 12. LAW; FORUM AND JURISDICTION. This Agreement shall be
construed and interpreted in accordance with the laws of the State of
California. The parties agree that any dispute arising under or with respect to
or in connection with this Agreement, whether during the Term of this Agreement
or at any subsequent time, shall be resolved fully and exclusively by binding
arbitration in accordance with the commercial rules then in force of the
American Arbitration Association and the proceedings taking place in Los
Angeles, California.
Section 13. NOTICES. Any notices or other communications required or
permitted hereunder shall be sufficiently given if personally delivered, or sent
by express mail or telegram, or transmitted by fax or e-mail, addressed as set
forth herein below.
If to Consultant: Worldwide Corporate Finance
15760 Ventura Boulevard, Suite 1020Encino, CA 91436
Phone: 1-818-783-0054 Fax: 1-818-783-1120 e-mail: markow@flash.net
Attn: Michael M. Markow, PresidentIf to CLCK:
Columbia Capital Corporation3020 NW 33rd Avenue
Ft. Lauderdale, FL 33311 Phone: 1-915-674-3100 Fax: 1-915-674-3174
e-mail: valerievarner@worldnet.att.net
Attn: Kenneth A. Klotz, President |
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| To: Mr. Jens Tingleff who wrote (33) | 4/10/2001 4:24:09 PM | | From: StockDung | | | | 9 cents. time for a song; "Ship of Fools"
Words by Robert Hunter; music by Jerry Garcia
Went to see the captain
strangest I could find
Layed my proposition down
Layed it on the line;
I won't slave for beggar's pay
likewise gold and jewels
but I would slave to learn the way
to sink your ship of fools
Ship of fools
on a cruel sea
Ship of fools
sail away from me
It was later than I thought
when I first believed you
now I cannot share your laughter
Ship of Fools
Saw your first ship sink and drown
from rocking of the boat
and all that could not sink or swim
was just left there to float
I won't leave you drifting down
but woah it makes me wild
with thirty years upon my head
to have you call me child
Ship of fools
on a cruel sea
Ship of fools
sail away from me
It was later than I thought
when I first believed you
now I cannot share your laughter
Ship of Fools
The bottles stand as empty
as they were filled before
Time there was and plenty
but from that cup no more
Though I could not caution all I yet may warn a few:
Don't lend your hand to raise no flag
atop no ship of fools
Ship of fools
on a cruel sea
Ship of fools
sail away from me
It was later than I thought
when I first believed you
now I cannot share your laughter
Ship of Fools
No I cannot share your laughter
Ship of Fools |
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| To: StockDung who wrote (30) | 4/11/2001 9:47:17 AM | | From: StockDung | | | | I see a Hartcourt type of press release in ATEL's future. Just my humble opinion. Just a guess as what could happen
"Hartcourt will rescind the Alaska Mineral Lease Rights transaction, return any unsold marketable securities acquired in connection with the A and B Preferred stock and further have no liability to compensate any of the settling parties for marketable securities that were sold."
Hartcourt to Divest 65 Percent of ECS to Management and Investors' Group; Company Also Settled All Outstanding Lawsuits
Long Beach, CA. 3/25/99 -- The Hartcourt Companies, Inc. (OTC: HRCT), www.hartcourt.com, Thursday announced that it has sold 30 percent of Electronic Components & Systems Inc. ("ECS") to James Pruzin, its president and former owner.
As consideration, Pruzin will return to Hartcourt 2 million common shares of HRCT, and 3,400 shares of Series D Preferred Shares he originally received when he sold ECS to Hartcourt in October 1997.
Additionally, in settlement of various claims among the parties involved, including mutual releases from certain obligations and rights, including agreements to rescind, Hartcourt will convey 35 percent of ECS to the settling parties. The settling parties have also agreed to meet certain short-term cash needs of ECS.
The agreement will settle all outstanding lawsuits and counterlawsuits involving American Equities LLC, Promed International, Mandarin Overseas, Capital Commerce, Pacific Rim Capital and Regis Possino. Accordingly, the consulting agreement with American Equities will be cancelled.
Additionally, the settling parties will return to Hartcourt 1 million shares of HRCT common stock and all the outstanding Series A, B and AB Preferred Shares of HRCT, which will be cancelled.
Hartcourt will rescind the Alaska Mineral Lease Rights transaction, return any unsold marketable securities acquired in connection with the A and B Preferred stock and further have no liability to compensate any of the settling parties for marketable securities that were sold.
The effect of these agreements will be a major step in the restructuring of Hartcourt's financial statements, as well as eliminating potential dilution of company equity. It will now allow management to focus on the core business: project development in China under Hartcourt, and environmental engineering business under Enova Holdings.
The company recently announced that it will contribute its equity in all its U.S.-based assets into Enova Holdings Inc., which will include the remaining 35 percent ownership of ECS. New management and new board members are being recruited to bring fresh energy, vision and experience into Enova. The company is also negotiating with 2 environmental businesses for possible acquisition by or merger with Enova.
As a result of the significant efforts involved in the restructuring and these transactions, the company will not file its annual report on Form 10K by March 31, 1999. The company will request an extension from the Securities and Exchange Commission and expects a filing by April 15, 1999. The financial statements included in the Form 10K will include a Pro Forma analysis reflecting these new transactions.
Certain statements in this news release may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.
------------------------------------------ |
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| To: Mr. Jens Tingleff who wrote (38) | 4/13/2001 3:30:27 PM | | From: StockDung | | | | These two statements stick out in my mind. Mean while down under on ragingbull the faithful longs are now looking more like an angry mob looking to lynch someone.
``AccessTel Inc. has broadband wireless Internet technologies and market share. I am looking forward to assisting the implementation of this technology in China and in the development of China's first digital High Tech Park,'' stated Dr. William C.Y. Lee upon returning from China after completing the initial deployment plan for the COAHEJING Digital Project with AccessTel Inc.'s management team.
``I am very pleased that Dr. Lee will be actively involved in the architecture and design of the broadband wireless Internet services we deploy in the High Tech Park. Over the next 3-5 years, the value of the COAHEJING Digital Project is estimated at $100 million or more in US dollars.''
Thursday December 21, 8:50 am Eastern Time
Press Release
AccessTel Inc. Receives Approval for China's first ``Digital High Tech Park'' by the First Deputy Mayor of Shanghai, Zhen Liang Yu and Staff
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 21, 2000-- AccessTel/Shopss.com (OTCBB:SHPS - news), soon to be renamed AccessTel Inc., today announced that AccessTel Inc. management team headed by world-renowned Scientist, Dr. William C. Y. Lee received approval of first ``Digital High Tech Park'' by the First Deputy Mayor of Shanghai, Zhen Liang Yu in charge of Economic Development in Shanghai.
Pictures of the meeting are available at accesstelinc.net.
``We have received the full cooperation from the local government of Shanghai for the rapid deployment of Wireless Digital Services from our new offices in the COAHEJING Tower in Shanghai,'' stated Lawrence Liang, president and CEO of AccessTel Inc.
``I am very pleased that Dr. Lee will be actively involved in the architecture and design of the broadband wireless Internet services we deploy in the High Tech Park. Over the next 3-5 years, the value of the COAHEJING Digital Project is estimated at $100 million or more in US dollars.''
AccessTel Inc.'s contract with the CAOHEJING High Tech Park in Shanghai, China is to establish wireless broadband network systems to provide Broadband Wireless Internet Services for the High Tech Park. The High Tech Park covers an area of more than 6 sq km, with approximately 1,000 operating companies of which 260 are foreign owned; Lucent Technologies, Intel, Lattice Bell, Philips, Dupont, 3M, GE and Toshiba etc. with a contracted investment of $1.5 billion US.
``AccessTel Inc. has broadband wireless Internet technologies and market share. I am looking forward to assisting the implementation of this technology in China and in the development of China's first digital High Tech Park,'' stated Dr. William C.Y. Lee upon returning from China after completing the initial deployment plan for the COAHEJING Digital Project with AccessTel Inc.'s management team.
About Dr. William C.Y. Lee
Dr. William C.Y. Lee is regarded as a leading authority in the world of wireless communications, specifically for his enormous contributions in developing commercially viable analog and CDMA technology. Dr. William C.Y. Lee is Chairman of the board of LinkAir, a technology research and development firm, whose LAS-CDMA technology is positioned to revolutionize the wireless industry by enabling voice and data services that will rival the quality offered today by high speed landline connections.
Dr. William C.Y. Lee joined AccessTel Inc. as an original founding shareholder from Vodafone Airtouch, the world's largest mobile telecommunications company and helped guide the company's strategy since its inception. With more than 35 years wireless experience and more than 25 US patents -- with 11 more pending -- Dr. William C.Y. Lee is an expert in developing marketable communications technologies.
Dr. William C.Y. Lee spent 15 years as one of the pioneers in developing the advanced wireless technology-AMPS-for Bell Labs. He also headed the advanced mobile communications system for the ITT Defense Communications Division system in 1990 that increased radio capacity by 2.5 times over the conventional microcell model.
During his illustrious career, Dr. William C.Y. Lee has published more than 200 articles and several books on CDMA theory and technology. He also has been elected as an IEEE Fellow and has served as a member of numerous councils, including the California State Council on Science and Technology, the US Council on Competitiveness and the FCC Technical Advisory Council. He has earned many prestigious awards, including the IEEE VTS Avant Garde Award, the CTIA Award, the CDMA Industry Achievement Award, the SATEC Award, a Bell Lab Service Award and, most recently, the IEEE Third Millennium Medal Award.
Forward-looking statements in this release are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Shopps.com/AccessTel Inc., Santa Clara
Lawrence Liang/Stuart Bockler, 408/216-4756
accesstelinc.net
Or Worldwide Corporate Finance
Sy Mitzner, 818/783-0054 |
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| To: Mr. Jens Tingleff who wrote (38) | 4/13/2001 3:36:36 PM | | From: StockDung | | | | LinkAir chairman -- Dr. William C.Y. Lee -- releases new book on wireless communications
17/01/2001 10:00 PRNE
id.12077
google.com
LinkAir chairman -- Dr. William C.Y. Lee -- releases new book on wireless communications
LinkAir
Published by McGraw-Hill, Lee's Essentials of Wireless Communications is
'the de facto resource for anyone looking to understand wireless
communications'
Santa Clara, California - LinkAir Communications, the developer of LAS-CDMA (Large Area Synchronised Code Division Multiple Access) a patented,
leading-edge third generation (3G) and fourth generation (4G) wireless
technology, announced today that its chairman and world-renowned scientist Dr. William C.Y. Lee has released his new book -- Lee's Essentials of Wireless Communications. The book, published by The McGraw-Hill Companies, is a comprehensive look at the past, present and future of wireless telecommunications, and it is considered to be the ''de facto resource'' on wireless communications.
Dr. Lee's book begins with a review of the development of telephones and
wireless technologies, then continues with essentials such as evaluating
spectrum, how to select a digital system and applications of CDMA. The book culminates with Dr. Lee's predictions for the future of the Internet and wireless. Lee's Essentials of Wireless Communications is part of the McGraw-Hill Telecommunications Series.
''Dr. William Lee is among the elite telecom luminaries and has been a key player in the evolution of wireless technologies from its First Generation through its current Third Generation,'' said Steve Chapman, executive editor at McGraw-Hill. ''His unique insight into an industry that has experienced one of the largest growth rates in the last century has resulted in a book that will become the de facto resource for anyone looking to understand wireless communications from the inside out.''
With more than 35 years wireless experience and more than 25 US patents -- with 11 more pending -- Dr. Lee is considered an expert in developing
marketable communications technologies. Dr. Lee spent 15 years as one of
the pioneers in developing the advanced wireless technology -- AMPS -- for Bell Labs. Subsequently, he joined the ITT Defence Communications Division, where he headed the advanced mobile communications system. Dr. Lee also invented and patented a new microcell system in 1990 that increased radio capacity by 2.5 times over the conventional microcell system. A leader in personal communications network (PCN) technology, Dr. Lee led the team that won the PCN license in the UK in 1989 for PacTel. He also headed the application of PacTel's PCS experimental trial in 1993, and under his leadership, the first CDMA commercial system was completed in Los Angeles in 1995.
Dr. Lee has been elected as an IEEE Fellow and has served as a member of
numerous councils, including the California State Council on Science and
Technology, the US Council on Competitiveness and the FCC Technical Advisory Council. He has earned many prestigious awards, including the IEEE VTS Avant Garde Award, the C.T.I.A. Award, the CDMA Industry Achievement Award, the SATEC Award, a Bell Lab Service Award and, most recently, the IEEE Third Millennium Medal Award.
During his illustrious career, Dr. Lee has published more than 200 articles and several books on CDMA theory and technology. This is his seventh book, his fifth with McGraw-Hill. The first two books are both required texts in most wireless engineering programs.
Companies interested in learning more about Lee's Essentials of Wireless
Communications should contact McGraw-Hill via the Internet at
books.mcgraw-hill.com .
About LinkAir Communications
LinkAir Communications, founded in 1999, is headquartered in Silicon Valley and Beijing. The company develops leading edge 3G and 4G wireless
technologies that will greatly enhance the performance and capacity of
wireless telecom systems. LinkAir's LAS-CDMA technology increases network capacity over existing 2G and 3G system standards and significantly improves quality of service and network coverage. LinkAir boasts a world-class engineering team with over 100 leading scientists and engineers from the US, Europe and China. Independently held, LinkAir Communications is backed by a geographically diverse group of technology leaders and financiers. For more information on LinkAir and LAS-CDMA, contact LinkAir at +1 408-869-2110 or email info@linkair.com
LinkAir and LAS-CDMA are trademarks of LinkAir Communications, Inc.
Per maggiori informazioni: Contact: Jerri Barrett of LinkAir Communications, +1 408-869-2110, or
jerri@linkair.com; or Deborah Massa, +1 703-794-8585, or
debmassa@clarus-comm.com, or Chris Mobily, +1 773-975-9352, or
cmobily@clarus-comm.com, both of Clarus Communications for LinkAir
Communications
Web site: books.mcgraw-hill.com
Web site: clarus-comm.com |
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| To: Mr. Jens Tingleff who wrote (38) | 4/13/2001 3:55:22 PM | | From: StockDung | | | | "For 35 years, Lee has worked on the technology side of wireless communications. But he also recognizes the business side and the need for resellers and agents to offer wireless communications."
Posted: 03/2001 Intellectual Capital William C.Y. Lee Looks Ahead to 4G Wireless
By Bruce Christian
phoneplusmag.com
Calling it a patched-up system that could be inefficient, William C.Y. Lee, one of the world's leading authorities on mobile communications, says it may be best if the industry were to leapfrog over third-generation wireless and prepare for the fourth-generation.
"I don't like 3G," says Lee, chairman and chairman of the board for LinkAir Communications Inc. (www.linkair.com). "It is not a very good system. I feel it is wasting our time, and the performance won't be as we expected."
On the other hand, "4G technology can evolve quickly, so we can skip 3G and go directly to 4G," Lee says.
For 35 years, Lee has worked on the technology side of wireless communications. But he also recognizes the business side and the need for resellers and agents to offer wireless communications. Vital Stats:
Name: William C. Y. Lee
Title: Chairman
Hobbies: Writing
Professional Philosophy: Use mathematics to solve problems. Use physics to interpret results. Use experiments and counterexamples to check outcomes. Use pictures to emphasize important points.
Memberships: IEEE Fellow, RCA (Radion Communications Association), ITU (International Telecommunicatiohnology, U.S. Council on Compitiveness, Chairman of Transnational Committee of the IEEE Vehicular Technology Society, FCC Technical Advisory Council.
Honors: IEEE VTn Union , International Electrotechnical Commission, California Council on Science and TecS Avant Garde Award, CTIA Award, CDMA Industry Achievement Award, SATEC Award, Bell Lab Service Award, IEEE Third Millennium Medal Award.
Company Snapshot:
Name: LinkAir Communications, Inc.
Headquarters: Santa Clara, Calif.
Founded: 1999 by Ting Zheng, Daoben Li and Zuye Zou.
Mission: To develop and deliver leading edge 3G and 4G wireless telecommunications technologies that will enable wireless networks to deliver high-capacity and high-speed voice and data services.
Employees:150 people in the United States and China.
"They have to get into wireless to survive," Lee says. "In the future, portability and mobility will be vital to business and to personal communications. If the distribution channels don't get into wireless, I think they are missing the boat."
Lee began exploring wireless communications after receiving his doctorate at Ohio State University--writing his dissertation on satellite communications. He was hired in 1964 at Bell Labs to further his satellite research with AT&T Corp. (www.att.com). But before he arrived, Congress cut funding to the AT&T project, because lawmakers feared the major telecommunications company only would enhance its then monopolistic position. If Lee wanted to work on satellite communications, he would have to go somewhere else.
"I chose not to go," he recalls. He was then told of Bell Labs' new research department called AMPS, which would develop mobile communications. He accepted the challenge, because he had never heard of mobile communications.
"Sometimes you don't choose your future," Lee says. "But this turned out to be a very rich field for me."
Indeed it has. Lee has written three books on wireless and more than 200 papers. He has taught at the university level and lectured throughout the world. Lee's latest book, Lee's Essentials of Wireless Communications, was released in mid-January. It is part of the McGraw-Hill (www.mcgraw-hill.com) Telecommunications Series.
"Dr. Lee is among the elite telecom luminaries and has been a key player in the evolution of wireless technologies from its first generation through its current third generation," says Steve Chapman, executive editor at McGraw-Hill.
After 15 years at Bell Labs, Lee went to work for the ITT Defense Communications Division. Following his work there, Vodafone Airtouch plc (www.vodafone.com)--the world's largest mobile telecommunications company--hired him. His attention turned to personal communications network (PCN) technology and, in 1989, the United Kingdom granted Vodafone its PCN license.
Lee's 1990 work developing a new microcell system increased radio capacity by 2.5 times over the conventional microcell system.
In all, Lee's work has led to 25 U.S. patents, with 11 more pending. He also was instrumental in conducting key research for Pacific Telesis Group's (PacTel, now part of SBC Communications Inc., www.sbc.com) PCS experimental CDMA, which was perfected and launched in 1995 as a viable commercial mobile technology.
When Lee speaks of 4G, his emotions are betrayed. He becomes excited. He says the technology is a step beyond the immediate tomorrow.
He explains that the first three generations of wireless communications have required using a pair of frequencies. One frequency is used to send out a signal, a second one is used to receive.
"That is called the FDD [frequency division duplex]," Lee explains, as if he has returned to City University of New York, where he taught the first wireless classes offered there. "The first three generations use FDD because they have no way to isolate the interference in the sending out and receiving back in the cellular system.
"New scholars have come up with special smart codes that can isolate the interference in the host cellular system, so you don't need the FDD. Instead, we can use TDD (time division duplex)."
According to Lee, this innovation allows a signal to be sent on one time slot and return in another time slot on the same frequency.
"It's really about spectrum efficiency," he says. "With this system, you don't need complicated technology."
Lee says much of the research done to make wireless better has been focused on isolating interference.
"Interference is the killer. But now we have these special codes. We don't need any of the expensive technologies, like smart antennas," Lee says. "This is simple, high-tech efficiency in using the spectrum, which is very expensive."
Lee knows something about the cost of wireless. He remembers when the first mobile system was available commercially in the United States. It was rolled out just about the same time as the 1984 Los Angeles Olympics. The cost per unit was $3,800.
"All the Wall Street analysts were saying it was too expensive. They didn't think there would be many people who would want it."
The Wall Street analysts were wrong.
"People like mobility," Lee said. "People like to travel. California [residents] came to mobile quickly, because California likes to try new stuff."
Of course, Lee agrees with the industry analysts who say that the future for mobile communications is in data. It is another reason he is such a big proponent of 4G.
"Since the Internet has come up and data transmission has started, we need more bandwidth, and more capacity and now more frequency," Lee explains.
That is why using the available frequency more efficiently makes more sense, he adds.
"Sometimes you may be downloading very heavy traffic, but you may only be sending back an acknowledgement or a request, so we don't need the FDD. You should be able to use the single frequency."
Bruce Christian is editor of PHONE+ magazine |
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| To: Mr. Jens Tingleff who wrote (38) | 4/13/2001 4:10:07 PM | | From: StockDung | | | | Better Business Bureau Advertising Review Programs
For Immediate Release
Contact: 212.705.0120 Council of Better Business Bureaus, Inc.
National Advertising Division Press Release
Return to Index of Releases
--------------------------------------------------------------------------------
Shopps.com Successfully Participates in
Advertising Self-regulatory Forum
New York, NY - August 14, 2000 - The National Advertising Division (NAD) of the Council of Better Business Bureaus, Inc., the advertising industry's self-regulatory forum, announced Shopps.com ("Shopps") has successfully substantiated its "unlimited" long distance service claims, and has agreed to discontinue certain "installation and activation" claims. The truth and accuracy of claims that appeared in print adverting for Shopss.com were brought to the attention of NAD by Imagitel, Inc.("Imagitel"), a competing telecommunication service.
Imagitel contended that Shopps' claims of unlimited telephone service in the U.S. and Canada were misleading, because the "Voice over the Internet Protocol" ("VoIP") service advertised is not actually available everywhere in the U.S. Imagitel also challenged Shopp's claim that there was a three month waiting period for installation, contending that because the service was not yet available everywhere, in effect (in those areas) Shopps was selling a product that did not yet exist. NAD concluded that Shopps had a reasonable basis for its "unlimited " long distance claim because its network is based on 800 numbers and therefore callers would have unlimited access to the system throughout the U.S. and Canada. However, because the service does not require any special installation or activation, NAD recommended that the advertiser refrain from making installation claims and carefully tailor any activation fee claims to avoid any consumer confusion.
Shopps informed the NAD that they had voluntarily discontinued use of the activation claim. NAD appreciates the willingness of both parties to participate in this voluntary forum and acknowledges their efforts to foster truth and accuracy in advertising.
NAD’s inquiry was conducted under NAD/CARU/NARB Procedures for the Voluntary Self-Regulation of National Advertising. Details of the initial inquiry, NAD’s decision and the advertiser’s response will be included in the next NAD Case Report.
###
The National Advertising Review Council (NARC) was formed in 1971 by the Association of National Advertisers, Inc. (ANA), the American Association of Advertising Agencies, Inc. (AAAA), the American Advertising Federation, Inc. (AAF), and the Council of Better Business Bureaus, Inc. (CBBB). Its purpose is to foster truth and accuracy in national advertising through voluntary self-regulation. NARC is the body that establishes the policies and procedures for the CBBB's National Advertising Division (NAD), the Children's Advertising Review Unit (CARU), and the National Advertising Review Board (NARB).
NAD and CARU are the investigative arms of the advertising industry's voluntary self-regulation program. Their casework results from competitive challenges from other advertisers, and also from self-monitoring traditional and new media, including the Internet. The National Advertising Review Board (NARB), the appeals body, is a peer group from which ad-hoc panels are selected to adjudicate those cases that are not resolved at the NAD/CARU level. This unique, self-regulatory system is funded entirely by the business community; CARU is financed by the children's advertising industry, while NAD/NARB's sole source of funding is derived from membership fees paid to the Council of Better Business Bureaus.
google.com
$10 UNLIMITED CALLING
Plainview, NY, Jan. 18, 1999 (DLD Digest) - Shopss.com Inc. (OTCBB: ACII), the pioneering virtual shopping mall, has introduced through a full-page advertising program in ''USA Today'' unlimited residential long distance phone service in the United States and Canada for a flat rate of $9.95 per month.
The long distance phone service, which is a product provided by OSCM One Stop.com Inc. (OTCBB: OSCR), operates from ordinary telephone to ordinary telephone without the need for a computer or Internet account.
Jerry Conca, president of Shopss.com, stated, ``Since yesterday's introduction of this exclusive new product, hundreds of new accounts have signed up for service by either calling our toll-free telephone center or by registering directly on our Web site. Our national advertising campaign will continue as we move toward our goal of 1,000,000 new members.''
Shopss.com, through its virtual shopping mall, enables committed shoppers to purchase a variety of consumer goods, electronics and books via the Internet. Shopss.com also owns and operates its own customer fulfillment centers.
For more information:
shopss.com
shopss.co.il (Hebrew)
Contact:
Worldwide Corporate Finance
Sy Mitzner, 818/783-0054
or
shopss.com
Source: Shopps.com
Opinions expressed above are those of the Source, and not necessarily those of the publishers of The Digest.
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