ISP Information:
A compression standard for audio. It enables compression of CD-audio by about 10 times, depending on the bit and sampling rate. It does not stand for MPEG-3, but rather it is the audio part of the MPEG-1 audio/video compression standard. ISP Glossary:
MP3 - http://www.tmcnet.com/usubmit/2004/Apr/1032682.htmVoIP, Inc. Signs Letter of Intent to Acquire a California-based WiFi CompanyFORT LAUDERDALE, Fla. --(Business Wire)-- April 19, 2004 -- VoIP,Inc. today announced that it has signed a Letter of Intent to acquireApex Sight, LLC., a Calif.-based WiFi technology company which willbecome a wholly owned subsidiary of VoIP, Inc.Apex Sight, LLC. designs and manufactures high-speed, wirelessfidelity (WiFi) products for the growing wireless local areanetworking (WLAN), public WLAN (PWLAN), and wireless Internet serviceprovider (WISP) markets. Apex Sight's patented, proprietary designsare based upon the latest innovations in 3rd and 4th-generation WiFitechnology. Andrew Corp, one of the world's largest antennadistributors, will market Apex Sight's antennas in over 40 countries.The pending acquisition of Apex Sight will continue VoIP, Inc.'sexpansion in the field of Voice over IP and WiFi technology. Theexpected convergence of the two technologies will create shareholdervalue by allowing VoIP, Inc. to dominate the industry by providing acombined solution provided by Apex Sight and VoIP Solutions, Inc.'stechnology.Full story at:http://www.tmcnet.com/usubmit/2004/Apr/1032682.htm
|