Verizon Wireless and Novatel Wireless Announce Commercial Availability of Wireless Broadband ExpressCard and Alcatel and Lucent Technologies Announce

Wireless Communications industry news provided by Financial News USA (OTC: FNWU). Verizon Wireless, a joint venture of Verizon Communications and Vodafone (NYSE: VOD) and the nation's leading wireless service provider, and Novatel Wireless, a leading provider of wireless broadband access solutions, recently announced the availability of a WWAN PCI ExpressCard/34, the V640, for use with Verizon Wireless' BroadbandAccess service. UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, recently announced that it will release its second quarter 2006 financial results after the close of the market on Wednesday, August 9, 2006. Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom's Web site at: http://www.utstar.com.

Alcatel and and Lucent Technologies (NYSE: LU) announced recently that the French securities regulator, the Autorite des marches financiers (AMF), granted visa (approval) number 06-287, dated August 7, 2006, for Alcatel's French admission to trading prospectus relating to Alcatel's new ordinary shares to be issued in connection with the proposed merger transaction. Lucent designs and delivers the systems, services and software that drive next-generation communications networks. Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, including the WifiCasino(TM) wireless hand-held gaming system, recently offered further insight into recent developments. The company's recent acquisition of Touchdev Limited, a U.K. developer of several internally-derived and 12 copyrighted gaming software products with wireless PDA capabilities, provides Diamond I with its own gaming software for use in its "WifiCasino"(TM) gaming system, which includes the GS2(TM) (http://www.wificasino.net/gs2one.pdf, http://www.wificasino.net/gs2two.pdf), the recently unveiled user-friendly wireless hand-held unit.

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