Dallas, Texas (September 1, 2011) – StockGuru Shines its Spotlight on Franklin Wireless Corp. (OTCBB: FKWL). The market leader in dual-mode WiMAX and CDMA modems for 3G and 4G wireless broadband data communications, yesterday announced the market launch and commercial availability of its new S600 Series of stand-alone modems. The S600 Series represents an innovative, reliable and cost effective solution that enables OEMs to easily integrate cellular connectivity into their products. The primary market opportunity for the S600 Series is expected to be the rapidly growing machine-to-machine (M2M) space and supports a wide variety of products and applications including digital signage, vending machines, utility meters, surveillance cameras, point-of-sale kiosks and many other products that require wireless remote monitoring. Several potential new customers for the S600 have recently ordered product samples and are currently using them for testing and evaluation purposes.
The Company closed on August 31, 2011, at $1.80, trading in a fifty-two week range of $3.20 – 1.61.
The S600 Series includes the S600 which is a dual-mode WiMAX/CDMA stand-alone modem, as well as the S600C and S600W which are single-mode versions that operate over CDMA and WiMAX networks respectively. These products are powered by Franklin’s M600 Series of embedded modules that, in addition to M2M devices, are designed to be embedded and integrated into laptops, netbooks and tablet PCs.
“Franklin Wireless is pleased to announce the launch and availability of the new S600 Series of stand-alone modems,” stated OC Kim, president of Franklin Wireless. “The S600 Series addresses a new and growing market opportunity for our company and is a great example of how we can leverage our existing technologies to develop new products that extend beyond our traditional wireless carrier customers.”
The S600 Series of stand-alone modems supports Windows® 7, Windows Vista®, Windows XP, Linux and Mac OS® X. In addition, the modems are housed in heavy duty aluminum cases that are designed to withstand harsh environmental conditions.
About Franklin Wireless
Franklin Wireless Corp. (OTCBB: FKWL) 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 visit www.franklinwireless.com.
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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.
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