Business Services Industry

Ambient Corporation Establishes Kliks.com Ltd. To Launch First Nationwide Screen Phone Network

Business Wire, April 4, 2000

Business and Technology Editors

NEW YORK--(BUSINESS WIRE)--April 4, 2000

Ambient Corporation (OTC BB: ABTG) announced the establishment of an affiliate, Kliks.com Ltd., which intends to launch a first nationwide Screen Phone services network in Israel.

The Screen Phone is designed to enable consumers to gain easy access to e-commerce interactive services such as e-mail, home banking and home shopping, as well as advanced telephony services, without a Personal Computer (PC). Ambient Corporation has recruited a highly experienced outstanding management and technical team led by Kliks.com Ltd. CEO Bernie Wolff, formerly Senior Vice President of Philips Home Services.

"Screen Phone technology opens the world of e-commerce and the Internet to 60% of the population that doesn't own a PC," said Wolff. "With the ease and simplicity of the touch of a button, Screen Phones can provide everyone with e-mail, e-commerce and advanced telephony capabilities." The versatility of the Screen Phone coupled with its projected low cost - a fraction of the price of the cheapest PC - positions it advantageously to capture the mass non-PC user market.

The Screen Phone effectively expands telephony services by offering consumers easy access to available call management options on screen. In addition, the Screen Phone could also become the central control unit for the "Smart Home", allowing users to regulate future "smart appliances" and utility consumption. Further applications such as bill presentation and payment could be enabled.

The company intends to generate revenues via telephony and Internet related services provided through the system.

Kliks.com has secured exclusive rights for Israel from a leading international supplier of Screen Phones. Kliks.com is currently negotiating with potential Israeli partners who have expressed interest in joining this venture.

About Ambient:

Ambient Corporation (OTC BB:ABTG) is a publicly traded company incorporated in the United States that invests in and operates technology companies in both Israel and the US, focusing on E-commerce, Internet, Power Line Telecommunication (PLT) and telephony-related product offerings for a variety of exciting new consumer applications.

This press release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Ambient Corporation with the SEC, including the company's most recent report on Form 10-K and 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Ambient is a trademark of Ambient Corporation registered in the U.S. Patent and Trademark Office.

For more information, contact Alan Weinberg, TEL: 1-888-861-0205, EMAIL: aryeh@ambient.co.il or visit us at: www.kliks.com

COPYRIGHT 2000 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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