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Verizon Wireless and LIME Launch #1 Healthy Living Brand's Programming and Alcatel-Lucent and Freescale Speed Fiber-to-the-Home Adoption

11 February 2007

Wireless Communications industry news provided by Financial News USA (OTC: FNWU). LIME(TM), the multi-platform lifestyle brand dedicated to a healthier, greener and more balanced lifestyle, and Verizon Wireless, a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD), have teamed up to offer a new mobile video channel, LIME: Healthy Living With A Twist on the new V CAST Video channel. This deal marks LIME's entry into the mobile video marketplace. FTS Group, Inc. (OTC BB:FLIP), an acquisition and development Company operating in the wireless, technology and Internet space, recently announced that it has made a $1,000,000 US cash acquisition related payment. The payment was related to the 2006 acquisition of See World Satellites, Inc. The Company also announced that it has restructured $250,000 of Debt to be paid over the next 45 days.


Alcatel-Lucent (NYSE: ALU) and Freescale recently announced their plan to facilitate the adoption of fiber-to-the-home technologies by making available jointly-developed GPON technology and interoperability specifications to vendors of terminal equipment worldwide. Alcatel-Lucent is a leading provider of DSL, having shipped over 115 million lines, and a leading manufacturer of fiber-to-the-home equipment with more than 60 deployments. InterDigital Communications Corporation (NASDAQ:IDCC) recently announced that its subsidiaries have signed a non-exclusive, worldwide, royalty-bearing patent license agreement with Inventec Appliances Corp. of Taiwan and its Taiwanese subsidiaries. The agreement covers the sale of wireless terminal units and infrastructure built to Second Generation (2G and 2.5G) standards and Third Generation (3G) standards.


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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