Dallas, Texas (September 15, 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 launch of its new U311 single-mode WiMAX USB modem. The U311 is similar to Franklin’s recently introduced and currently in-market U310 model, but differs from the U310 in that it operates over the 3.5GHz frequency band, as opposed to the U310’s 2.3GHz and 2.5GHz bands. Because of this, the U311 represents an ideal solution for WiMAX carriers located within Latin America, Africa, Asia and Europe. This high-speed device is sleek, compact and features a web-based user interface, a 270-degree rotating hinge, antenna TX diversity and can be used with an external antenna. The U311 USB modem is available immediately to Franklin’s customers on a worldwide basis. The Company closed yesterday at $1.78, trading in a fifty-two week range of $3.20 – 1.61.
“The market release of Franklin’s new U311 WiMAX USB modem follows on the heels of the successful launch of the U310 model,” stated OC Kim, president of Franklin Wireless. “We feel the U311 will allow us to penetrate new markets and expand our sales opportunities beyond the US, Latin American and Caribbean markets where we have traditionally operated.”
The U310 modem supports Windows® 7, Windows Vista®, Windows XP, Linux and Mac OS® X.
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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