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June 4, 2001

PsiNaptic Inc. Unveils New Low Cost, Low Power, Wireless Networking and Spontaneous Interaction Capabilities at JavaOneSM

PsiNaptic implements distributed computing frameworks such as Jini™ for use in very small microprocessors.

SAN FRANCISCO, CA, June 4, 2001 - PsiNaptic Inc. President and Chief Executive Officer Aaron Dagan today urged OEMs (Original Equipment Manufacturers) and developers attending Sun Microsystems' 2001 Worldwide Java Developer ConferenceSM to view for the first time PsiNaptic's low cost, small footprint technology, which provides objects with identity, intelligence and wireless networking capabilities.

PsiNaptic's technology is a platform that binds software, hardware and wireless communications to everyday objects, giving them increased intelligence to the degree required. This enables the objects to interconnect and communicate freely with one another, to share and exchange applications and to do so autonomously in a connected world.

PsiNaptic provides a total product solution, including hardware, software and application development support that is tailored to specific OEM products and requirements. The company provides a modular architecture that allows for simple integration with a variety of microprocessors, communications protocols and distributed computing frameworks.

The advantages for OEMs that use PsiNaptic's technologies and services are:

  • Reduced time to market
  • Ease of application development, installation and maintenance
  • User transparent operation, reduced product training and support requirements
  • Enhanced existing products to enter new markets
  • Increased adoption rate in mainstream markets
  • Integration with legacy systems

OEMs in many industries can benefit from the addition of pervasive computing technologies to their products. As processing power increases and corresponding costs decrease, and as the availability of IP-enabled data networks continues to grow, more embedded systems will offer connectivity either with other devices or with the Internet.

"PsiNaptic believes there is a need for reduced complexity in a world where manufacturers of hardware and software are adding more features and capabilities to systems that are already overly complex," says Dr. Steven Knudsen, PsiNaptic's Senior VP and CTO. "Deeply embedded devices, enabled by wireless networking technologies such as Bluetooth™ or Wi-Fi, enable us to imagine a fundamentally different world. Even three years ago, we could not imagine the world would be so close to such a transparent and ubiquitous computing environment."

What PsiNaptic is showing at JavaOne, booth #1009.

  • A medical application that simplifies the gathering of patient information and data.
  • A technology platform that combines Bluetooth and Jini running on small footprint, lower power microprocessors that can be integrated with existing devices.

About PsiNaptic Inc.

PsiNaptic Inc. is a privately held company, founded in January 2000, with a mandate to develop novel communications technologies to enable pervasive computing applications in the wireless arena. Located in Calgary, Alberta, PsiNaptic implements distributed computing frameworks such as Jini™ for use in very small microprocessors. By combining this technology with Java™ and standard wireless protocols, the company works with OEMs to add low cost, low power, wireless networking and spontaneous interaction capabilities to everyday objects.

© 2004 PsiNaptic Inc.