Regulatory News:
Wavecom S.A. (Paris:AVM) (NASDAQ:WVCM) (ISIN:FR0000073066) today
announced that Sunlink International Holdings Limited ("Sunlink")´s
affiliated company, Spaceinet Sunlink Limited ("Spaceinet Sunlink"),
has selected the Wavecom Wireless CPU(R) Q24 Plus for their
intelligent dispatch system for the taxi industry.
Sunlink has introduced an intelligent transportation technology
for the taxi industry in Hong Kong, named TAXI4U. This innovative
system uses Sunlink´s proprietary KENJI blackbox, which has been
recognized by international logistic companies. With its real-time
back-end vehicle tracking platform, the VTRACK4U provides intelligent
dispatch solutions. The KENJI is equipped with the Wavecom Wireless
CPU(R) Q24 Plus which provides a solution that combines GPS and
advanced database processing technologies to be integrated into the
taxi operating system.
TAXI4U is the first intelligent dispatch system developed and
implemented for the taxi industry. It has been supported by many taxi
associations, mobile communications operators and related government
departments. Using the back-end dispatch system and wireless
communication network, taxi operators that have equipped their
vehicles with the KENJI blackbox will be able to quickly inform
drivers of the nearest customer who has called for a taxi. This
service will not only improve the operational efficiency of taxi
fleets, but will also be capable of keeping a detailed service record,
hence can help to markedly enhance the reliability and convenience of
taxi service for passengers.
"This first of-its-kind service uses Sunlink´s intelligent
transportation technology at its core. The Wavecom Wireless CPU(R) is
then embedded in the KENJI blackbox which also has DOTA (Download over
the air) functionality for investment protection and increased
flexibility. Its proven industrial and automotive quality standards
definitely increse the reliability of the KENJI blackbox and benefits
the TAXI4U service", said Mr. C.P. Kwok, Chief Operating Officer of
Spaceinet Sunlink.
"The launch of TAXI4U service creates an efficient new taxi
service in Hong Kong. It brings an optimal service model to taxi
operators and provides a reliable and high-performance taxi service to
passengers. We look forward to extend this service to other public
transportation and logistics industries in both Hong Kong and mainland
China,´ commented Didier Dutronc, President, Wavecom Asia-Pacific,
Ltd.
Initial orders for this project are expected to equip 1,000 taxis
in Hong Kong. The project is targeted to equip 30% of the 18,000 taxis
in Hong Kong when is fully implemented.
About Wavecom
Wavecom is a worldwide leader in embedded industrial wireless
communication solutions for automotive, machine-to-machine and mobile
professional applications. Wavecom´s solutions include the Open AT(R)
software platform encompassing the Wavecom Open AT(R) Operating
System, a wide range of Plug-Ins, the Open AT(R) Integrated
Development Environment (IDE) along with a market-leading range of
Wireless CPUs (Central Processing Units), and an expanding portfolio
of services. These complete embedded solutions enable makers of all
types of machines to development of a new breed of intelligent
wireless applications, without the need of external processors and
other ASICs (Application
Specific Integrated Circuits) and components.
Founded in 1993 and headquartered in Paris, Wavecom has
subsidiaries in Hong Kong (China), Research Triangle Park, NC (USA)
and Farnborough (UK). Wavecom is publicly traded on Euronext Paris
(Eurolist) in France and on the NASDAQ (WVCM) exchange in the U.S.
www.wavecom.com
About Sunlink International Holdings Limited
Sunlink International Holdings Limited has been listed on the Main
Board of the Hong Kong Stock Exchange since 2003. Headquartered in
Hong Kong, Sunlink International Holdings Limited mainly focuses on
the development of automobile communication devices for its auto parts
& devices business. In addition, Sunlink also involves in the sales
and marketing of semiconductors and power metering solutions business.
It has an extensive geographic reach and is supported by an R&D and
technical support center in the Shenzhen High-Tech Zone and liaison
points in Beijing and Shanghai.
