Multi-Tech and Symstream team up to provide wireless solution

Designed for High Security, Reliable Connectivity and Cost Efficiencies

Minneapolis, (ANTARA News/PRNewswire-AsiaNet) - Multi-Tech(R) Systems, Inc., a leading data communications and telecommunications technology manufacturer based in Minneapolis, Minnesota, and Symstream(TM) Technology Group Ltd., an Australian-based wireless technology company, announced today an alliance to deliver a wireless modem solution that enables wireless transaction services utilizing the GSM/3g networks.

Multi-Tech wireless modems deployed with Symstream will provide a global wireless technology solution that offers greater flexibility and connectivity to ATM terminals, kiosks and POS terminals. The combined solution allows transactions to be sent without a fixed-line communications network and ensures faster, secure and more reliable services.

By integrating the internationally patented Symstream wireless technology with Multi-Tech's wireless modems, businesses are able to send and receive transaction data across the GSM/3g network via a data transmission method that is comparable in reliability to a leased data line at a fraction of the costs, with a similar level of security and without the obvious limitations and restrictions of a fixed wire service.

These Multi-Tech modems support the recently released Symstream Souran Platform(R) ("SSP") an advanced carrier grade management platform solution that provides a complete end-to-end solution that allows for a domestic or globally deployed network of ATM's, Kiosks and POS devices to be managed from a central management point.

"This strategic alliance between Multi-Tech and Symstream allows both companies to focus on their respective strengths while delivering a superior and seamless solution to our mutual customers," said Mike Kydd, Vice President of Sales, of Multi-Tech Systems. "This will provide our customers with the strongest, most flexible and secure managed wireless connectivity solution available today."

The initial Multi-Tech product line of Symstream enabled products includes embedded SocketModem(R) communications devices and stand-alone MultiModem(R) wireless modems with various connectivity options including USB, Ethernet and serial interfaces with products targeted for release during the 2nd quarter 2008.

About Multi-Tech Systems

Multi-Tech Systems, Inc. designs and manufactures high-quality, innovative, global communication products and provides exceptional service and support that exceeds customer expectations. We are committed to anticipating market opportunities by listening to the needs of our customers, as well as using our talent and resources to develop on-time solutions. Multi-Tech products are available through a worldwide network of business partners and OEMs and has 75 U.S. patents and numerous international patents.

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

About Symstream Technology Group Ltd.

Symstream Technology Group Ltd. is involved in the development and commercialization of wireless telecommunications applications and services. The company is currently launching its new, wireless telecommunications technology, Symstream(TM). With the ability to be rolled out across existing GSM networks in over 250 countries. Symstream(TM) is positioned to become a global standard.

The target market for the Symstream (TM) technology is initially the financial transaction sector serving the likes of banks and other financial service providers with a standardised 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.

Contact Multi-Tech Systems in the U.S.A. at:
800/328-9717 or +763/785-3500
sales@multitech.com
EMEA:
+(44) 118 959 7774 (UK)
+(33) 1 49 19 22 06 (France)
SOURCE Multi-Tech Systems, Inc.
CONTACT:
Paul Kraska,
+1-763-785-3500,
pkraska@multitech.com,
or EMEA:
Dilip Mistry,
+(44) 118 959 7774,
dmistry@multitech.co.uk, both of Multi-Tech Systems, Inc.
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com/
Web site: http://www.multitech.com
http://www.symstream.com /

COPYRIGHT © 2008 - ANTARANEWS