Jyra is winning strategic business with some of Europe's largest and fastest growing mobile Internet and WAP service providers. Jyra wireless solutions are to be used to monitor performance of next generation interactive mobile services such as GPRS, as well as SMS and WAP based services.
Performance of wireless applications is increasingly regarded as a differentiator for mobile telecommunication companies delivering innovative interactive services. The general public sees performance of these services as critical for wider acceptance. Historically, poor performance has restricted the roll-out of e-commerce applications over mobile technology. Now, as a result of GPRS, mobile telecommunication companies can deliver high bandwidth services but must focus on delivering quality of service and improved content. Jyra's ability to monitor wireless applications is increasingly seen as a key differentiator and an essential component for wider acceptance of these services.
New mobile services are creating revolutionary business opportunities by providing a new channel to market for existing services and the possibility for totally new services that can reach customers 24 hours a day wherever they are. It has been estimated that in excess $15 Billion will be spent on GSM transmission equipment this year as mobile telecommunication companies compete to offer the best performing services delivering high speed e-commerce related Internet applications to the mobile user.
"The introduction of Jyra by major European mobile telecommunication companies as a key element of their overall solution, positions Jyra to benefit from the significant growth in this market, as European mobile telecommunication companies invest heavily in new infrastructure to support these new wireless services." Paul Robinson Chief Executive of Jyra commented "By 2003 analysts expect that 6 out of every 10 people will own mobile phones. If that happens 248 Million Europeans would own mobile phones, most of which, would be capable of accessing the Internet." Paul Robinson added.
"The commercial opportunities presented by the evolution of this market are vast" commented Pete Lynch, Director Technology at Jyra Research. "As anyone who has struggled with a slow web site knows, performance is a prerequisite for effective service delivery and certainly for the highly competitive mobile service market." He added.
Jyra Research Inc is a leading provider of E-commerce performance monitoring solutions. Jyra measures the quality of service in terms of transactions and response times delivered to E-commerce customers. Jyra enables business managers to monitor performance of core business systems allowing them to maximise revenue generation opportunities from E-commerce operations. As such Jyra allows network operators to provide business-oriented revenue generating services across their IP infrastructures. Further information about Jyra is available on http://www.jyra.com/.
The statements in this press release that relate to future plans, events or performance are forward looking statements that involve risk and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are, accordingly, cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. Additional information about these risks and uncertainties is set forth in the Company's most recent report on Form 10-K. Jyra Research Inc. undertakes no obligation to release publicly the results of any revisions to these forward-looking statements that may be made to reflect results, events or circumstances after the date hereof.
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