Motorola Showcases New Mobile Devices Line-Up, Announces New Partnerships
ROSEMONT, Ill., July 25 // -- At its annual financial analysts' meeting this week, Motorola, Inc. (NYSE:MOT), a global leader in wireless and broadband communications, introduced seven new mobile devices that reset the standards for thin and narrow in mobile design.
Motorola also announced one acquisition and three agreements that will support the company's commitment to everyday seamless mobility -- the easy, uninterrupted access to the information, entertainment and communications that people want.
"Each of these stunning new handsets is designed to serve as a remote control for life -- giving you access to all your content and connections in one narrow device," said Ed Zander, Motorola chairman and chief executive officer. "And the partnerships we've announced today enable Motorola to add new technologies that incrementally and strategically build our seamless mobility power -- so we can make technology revolve around you ... effortlessly."
New products and technologies premiered by Motorola include:
o MOTOKRZR - The elegant MOTOKRZR is where slender and thin become one. The ultimate fashion statement, the ultra-sleek MOTOKRZR takes the iconic design of the MOTORAZR phone to a new plane of innovation. A solid piece of glass on the front provides a high-gloss luster that balances the velvet-like soft touch finish on the back. The matching Motorola H601 Bluetooth headset brings advancements in talk time, sound clarity, upgraded finishes and laser-etched graphics.
o MOTOKRZR K1m - The CDMA version of MOTOKRZR combines premium craftsmanship, precision detailing and elegant finishes to deliver a truly luxurious mobile package. It appeals to the tech-savvy with advanced features for premium wireless connectivity, entertainment, multimedia and location-based functionality, plus you can create your own mobile soundtrack with the touch-sensor music controls, integrated music player and music-on-demand services.
o MOTORIZR - Slide open impressive features. Matching the slim silhouette of MOTOKRZR, the MOTORIZR's innovative slider design optimizes on-the-go imaging with its expansive landscape display, 2.0 megapixel camera and programmed point-and-shoot keys. The matching Motorola H800 Bluetooth headset debuts with a unique sliding mechanism that replicates the MOTORIZR.
o MOTORAZR xx - Featuring the perfect blend of broadband-like speed, dynamic multimedia capability and cutting-edge design, the MOTORAZR xx is the ultimate combination. One of Motorola's premiere HSDPA devices, this compact entertainment machine boasts download speeds as fast as 3.6MB per second.
o MOTORAZR maxx - Take it to the max. That's what Motorola did with this amazing HSDPA device. Blending cutting-edge design and the power of high-speed connectivity with download speeds as fast as 3.6MB per second, the MOTORAZR maxx satisfies the appetite of even the most demanding multimedia customer. With high-end finishes that include a futuristic blend of metal and glass - and touch-sensitive music keys that illuminate - the MOTORAZR maxx comes to life in your hand.
o MOTOSLVR L7c - Slip broadband multimedia into your shirt pocket with the MOTOSLVR L7c. Packing high-speed CDMA 1x EV-DO connectivity into the elegant slim MOTOSLVR design, the L7c combines up-to-the minute functionality with timeless beauty.
o MOTOFONE - Style, technology and affordability unite. MOTOFONE combines Motorola's award-winning design sensibility with smart features and easy functionality. The company's thinnest phone yet at just 9mm, its flat keypad, colors, innovative materials and finish processes combine to make a device that's beautiful and affordable for everyone around the world.
o Enterprise search capability for MOTOPRO(TM) Mobility Suite - Using the Google Search Appliance and BearingPoint's strategic information management and system integration capabilities, the MOTOPRO(TM) Mobility Suite now enables secure, mobile access to enterprise information.
Other Motorola news highlighted at the event:
o Broadbus Technologies acquisition - Motorola will acquire Broadbus Technologies, Inc., a provider of technology solutions for Television On-Demand (TOD®). The acquisition extends Motorola's robust video delivery platform with new content management and distribution capabilities that address growing market opportunities such as mobile video, video on-demand, time-shifted TV, network-based digital video recording, on-demand ad insertion and switched digital video.
o UMTS venture with Huawei - Motorola and Huawei Technologies announced a new collaboration to bring an enhanced and extensive portfolio of UMTS and HSDPA infrastructure equipment to customers worldwide. A joint research and development center in Shanghai, China will be created to work on the development of the architecture and portfolio of products and services.
o Wipro joint venture to deliver managed services - Wipro Technologies and Motorola announced the formation of a joint venture named WMNetServ, to deliver public and private network customers with managed services focused on planning, deployment, optimization, security, operations and support services.
o Tech Mahindra joint venture brings content to the consumer - Tech Mahindra and Motorola announced a joint venture called CanvasM, which will develop and deliver innovative application solutions for global network providers and enterprises.
o WiMAX mobility trial in Japan - Motorola will join forces with SOFTBANK to launch a 2.5GHz WiMAX mobility trial in Tokyo. Motorola is supplying an end-to-end trial system including access points, an access network and prototype WiMAX mobile handheld devices. The trial will enable SOFTBANK Group to assess the effectiveness of WiMAX as a wireless broadband technology and its potential as an integrated part of SOFTBANK's growing portfolio of telecommunications services.
o Share buyback acceleration and expansion - Motorola announced it will repurchase approximately $1.2 billion of its common shares, representing the remaining availability under its $4 billion share repurchase program announced on May 18, 2005. Motorola also announced that its Board of Directors has authorized the company to repurchase up to an additional $4.5 billion of its outstanding shares of common stock over the next 36 months, subject to market conditions. Based on Motorola's current stock price, $4.5 billion represents approximately 9% of the company's total market capitalization.
About Motorola
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $35.3 billion in 2005. For more information about our company, our people and our innovations, please visit www.motorola.com/ .
CONTACT:
Jennifer Weyrauch,
Motorola,
+1-847-772-1217,
jennifer.weyrauch@motorola.com
Juli Burda,
Motorola,
+1-847-877-7277,
juli.burda@motorola.com
Web site: www.motorola.com/
