Microsoft Expands Consumer Reach of Windows Mobile Phones With Sony EricssonFirst Windows Mobile phone from Sony Ericsson offers a premium consumer and business experience.
BARCELONA, Spain, Feb. 10 /PRNewswire-FirstCall/ -- Today at Mobile World Congress 2008, Microsoft Corp. announced that Sony Ericsson will deliver a new Windows Mobile phone, the XPERIA(TM) X1, which blends mobile Web communication and multimedia entertainment, to meet consumer demand for a premium mobile experience for work and play.
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"People should be able to have phones that deliver what they need throughout the day and stay connected with today's broad array of on-demand information and entertainment no matter where they are," said Pieter Knook, senior vice president, Mobile Communications Business, Microsoft. "Our shared vision with Sony Ericsson is to make the concept of 'One Phone for Your Life' a reality and finally give consumers the freedom of true mobility."
The XPERIA X1 from Sony Ericsson lets users choose from a dynamic range of activities for work and play backed by the familiarity of Microsoft Windows and extensive availability of Windows Mobile applications and services. To be introduced in the second half of 2008, XPERIA X1 is the first phone to realize the vision of XPERIA, a new Sony Ericsson sub-brand that reflects a premium experience of energized communication.
"XPERIA is our promise to think foremost about user experience and to deliver on our goal of providing a true premium experience - anytime, anywhere, anything, with anyone," said Rikko Sakaguchi, head of Portfolio and Proposition at Sony Ericsson. "By working with Microsoft on the XPERIA X1, we have been able to couple our excellence in creating compelling consumer propositions with the productivity capabilities of Windows Mobile to deliver a seamless blend of mobile Web communication and multimedia entertainment within a distinctive design."
Sony Ericsson is the latest leading device manufacturer to design and market mobile phones based on the Windows Mobile platform. The company sold more than 100 million handsets in 2007 and excelled in sales of imaging and music-enabled devices, such as Cyber-shot and Walkman phones. In fiscal year 2007, Microsoft sold 11 million Windows Mobile licenses and expects to sell more than 20 million licenses in fiscal year 2008, making Windows Mobile a leading smartphone platform globally. With the addition of the XPERIA X1 from Sony Ericsson, four of the world's top five makers of mobile phones will ship Windows Mobile devices in 2008.
"The agreement between Microsoft and Sony Ericsson is undoubtedly a win- win for both companies," said Lars Vestergaard, research director, European Wireless and Mobile Communications at IDC. "Marrying the power and ease of use of the Windows Mobile platform with the advanced consumer features Sony Ericsson is known for has the potential to reach the 'sweet spot' for mobile phones."
The XPERIA X1 features include the following:
-- Unique arc slider with wide-pitch, easy-to-use QWERTY keyboard, 3-inch
clear wide VGA display and high-quality high-finish metal body
-- Windows Mobile, HSDPA/HSUPA and Wi-Fi(TM) support so customers can
enjoy their favorite entertainment and work efficiently on the move
-- XPERIA(TM) panels to navigate Web, multimedia and other applications
with the tip of a finger
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
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Microsoft Corp.
CONTACT: Weber Shandwick, +1-425-452-5400, usmcb@webershandwick.com, for
Microsoft Corp.
Web site: http://www.microsoft.com/
Ormat Technologies, Inc. to Participate in Piper Jaffray's 2008 Clean Tech & Renewables Conference
RENO, Nev., Feb. 10 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. today announced that Yoram Bronicki, president and chief operating officer, will present at the Piper Jaffray 2008 Clean Tech & Renewables Conference in New York City.
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Mr. Bronicki will provide an overview of the business and financial highlights at 10:30 a.m. EST on Wednesday, February 20, 2008 during a live listen only webcast. To access the live event, visit the Company's website at http://www.ormat.com/ and click on 'Event Calendar' under the Investor Relations heading or visit the conference website directly at http://www.piperjaffray.com/conferences. The presentation will be archived for up to 30 days following the conference.
About Ormat Technologies
Ormat Technologies, Inc. is a vertically integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal and recovered energy- based power plants. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services. Ormat products and systems are covered by more than 70 patents. Ormat currently operates the following geothermal and recovered energy-based power plants: in the United States -- Brady, Heber, Mammoth, Ormesa, Puna, Steamboat and OREG 1; in Guatemala -- Zunil and Amatitlan; in Kenya -- Olkaria; and in Nicaragua -- Momotombo.
Safe Harbor Statement
Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Ormat's plans, objectives and expectations for future operations and are based upon its management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" as described in Ormat Technologies, Inc.'s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 2007 and the Prospectus Supplement filed with the Securities and Exchange Commission on October 23, 2007.
These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Ormat Technologies Contact: Investor Relations Contact:
Dita Bronicki Todd Fromer/ Marybeth Csaby
CEO KCSA Strategic Communications
+1-775-356-9029 212-896-1214 (Todd)/ 212-896-1236 (Marybeth)
dbronicki@ormat.com tfromer@kcsa.com / mcsaby@kcsa.com
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Ormat Technologies, Inc.
CONTACT: Media, Dita Bronicki, CEO of Ormat Technologies,
+1-775-356-9029, dbronicki@ormat.com; Investor Relations, Todd Fromer,
+1-212-896-1214, tfromer@kcsa.com, or Marybeth Csaby, +1-212-896-1236,
mcsaby@kcsa.com, both of KCSA Strategic Communications
Web site: http://www.ormat.com/
http://www.piperjaffray.com/conferences
