Lucent Technologies' Agreement with ACE*COMM Enables Solution That Offers Parents Greater Control

Wireless Communications industry news provided by Financial News USA (OTC: FNWU). UbiquiTel Inc. (Nasdaq:UPCS), an affiliate of Sprint Nextel Corp., said Thursday proxy advisory firm, Institutional Shareholder Services, recommended shareholders vote for Sprint Nextel's proposed acquisition of the company. The vote will take place on June 27 at UbiquiTel's annual stockholder meeting. Under the terms of the deal, announced on April 20, Sprint Nextel agreed to buy UbiquiTel for $1.3 billion in cash, including the assumption of about $300 million in debt. In a continuing effort to provide the best wireless service for local residents of Sullivan County, Verizon Wireless, a joint venture of Verizon Communications and Vodafone (NYSE: VOD), has expanded its network with a new cell site in South Fallsburg. The new site increases coverage and capacity along Route 42 south toward Woodbourne, Route 42 north toward Monticello, and in the Village of South Fallsburg

Lucent Technologies (NYSE: LU) recently announced that it has signed an agreement with ACE*COMM Corporation to integrate ACE*COMM technology into Lucent's mobile services offering, enabling global wireless carriers to now offer their customers unprecedented parental control of their mobile services. The integrated solution enables parents to control when kids can use their mobile phones, who they can call and how much money they can spend on fee- based voice, text or multimedia services. Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, recently advised that its CEO was quoted in an article written by Jack Bulavsky entitled "Gaming on the Go" appearing in the June 2006 edition of "Casino Journal," whose cover story is "Technology in Hand." In his article, Mr. Bulavsky discusses the exciting future of wireless gaming in Nevada casinos and states that "the future for wireless gaming remains so bright that many operating and wireless gaming manufacturers are wearing sunglasses."

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