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ASiQ Ltd. Announces iPhone App Could Replace In-Flight Phone Systems

Dépèche transmise le 12 août 2011 par Business Wire

SEATTLE--(BUSINESS WIRE)--ASI Entertainment, Inc. (OTCQB:ASIQ) has been advised that ASiQ Limited, the licensee for the SafeCell system, has made the following announcement:

“Melbourne Australia (PRWEB) August 04, 2011

ASiQ Limited the developers of the patented SafeCell cell phone system for aircraft, announced today they commissioned the world’s first iPhone in flight cell phone Bluetooth App on a Business Jet.”

The full text of the announcement is available at: http://www.prweb.com/releases/prweb2011/8/prweb8695447.htm

About ASI and SafeCell
ASI owns the intellectual property of SafeCell. SafeCell is a new generation software application that converts a normal mobile phone into a wireless communicator. SafeCell was developed to substantially reduce the cost of SMS, MMS, Chat, and Email for the regional and international airline traveller. SafeCell connects via Bluetooth, so it operates with any modern mobile phone, including the new generation mobile phones that already have wireless interface. SafeCell delivers its services via the internet and is designed for operation in-flight and on the ground.

SafeCell is uniquely positioned competitively and is currently being marketed to the airline industry via licensing and agency agreements. ASI’s business model is based on receiving license fees and royalty payments fees from the SafeCell technology

Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates," "may," "will," "should," "could," "expect," "intend," "project," and other terms with similar meaning. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the company's projections and expectations are disclosed in the company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.