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More Than 95 Percent of Verizon Wireless Customers Have Emergency Location Capability and VimpelCom to Release First Quarter 2006 Financial and Operat

30 May 2006

Wireless Communication industry news provided by Financial News USA (OTC: FNWU). Verizon Wireless, a joint venture of Verizon Communications and Vodafone (NYSE: VOD), said recently that more than 95 percent of the handsets being used by customers on the nation's most reliable wireless network are able to be located by 911 operators, when those local emergency systems have upgraded their technology to receive the location information transmitted by phones, PDAs, smartphones and other wireless devices. Lucent Technologies (NYSE: LU) recently announced that Chairman and CEO Patricia Russo will present at the Sanford Bernstein Strategic Decisions Conference on June 1, 2006, at 10 a.m. Eastern time (EDT). Investors and others can listen to these remarks via a live webcast at http://www.lucent.com/investor.


Open Joint Stock Company "Vimpel-Communications" ("VimpelCom" or the "Company") (NYSE: VIP) announced recently that it will webcast its conference call on its first quarter 2006 financial and operating results on Thursday, June 1, 2006, at 6:30 p.m. Moscow time (10:30 a.m. ET). The conference call will be hosted by Alexander Izosimov, Chief Executive Officer. VimpelCom is a leading international provider of mobile telecommunications services. Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, including the WifiCasino GS(TM) wireless hand-held gaming system, recently announced that it has entered into a definitive agreement to acquire Touchdev Limited. The acquisition is being made solely for Diamond I stock and is expected to close in the very near future.


About Financial News USA


Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information:


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