U.S. Robotics to Private Label Akoo's KS-110 Wireless Audio System

Business Wire, April 4, 2001

Business Editors/Technology Writers

CHICAGO--(BUSINESS WIRE)--April 4, 2001

Akoo Inc., a leading technology company, today announced that U.S. Robotics, the world's leading modem provider and worldwide supplier of emerging Internet access solutions, will private label Akoo's KS-110 wireless audio system, the first product utilizing the company's proprietary Kima Wireless technology. U.S. Robotics will distribute the product under its brand name at more than 1,100 retail locations throughout the country. Financial terms of the deal were not disclosed.

Akoo's patent-pending Kima Wireless technology, www.kimawireless.com, enables devices, such as PCs, home stereo systems, MP3 players, car stereos, PDAs and cellular phones, among others, to communicate within a 1,000-foot radius. The company's recently introduced KS-110 wireless audio system, www.akoo.com/products, allows users to listen to MP3 files, Internet radio and digital music on any portable radio or home stereo system. Akoo's Link-It, which will be introduced in May, will enable users to wirelessly send music from their MP3 players or portable CD players to their car stereos.

Akoo currently is negotiating additional licensing and OEM agreements with major manufacturers and OEM suppliers to have its Kima Wireless technology embedded in a wide variety of consumer electronics products.

"We're extremely pleased to be working with U.S. Robotics and have the company's brand on Akoo's KS-110 wireless audio system, which has been recognized industry-wide as the leading solution for sending music from the PC, or any other audio source, to the home stereo," said Niko Drakoulis, Akoo's founder, president and CEO. "To extend our leadership position in the marketplace over the coming months, Akoo will continue to combine additional OEM and licensing agreements in the pipeline with aggressive retail distribution of our products."

About U.S. Robotics

U.S. Robotics is the world's leading modem provider, bringing the Internet into millions of homes and business around the world. For three decades, U.S. Robotics has been at the forefront of modem technology. U.S. Robotics has reemerged as an independent company and will continue its tradition of making the most reliable, simple and innovative Internet access solutions available. U.S. Robotics is a privately held company headquartered in the Chicago area with a recently opened Emerging Business Unit in Irvine, Calif. For further information regarding the company and its products, please visit the Web site at www.usr.com.

About Akoo Inc.

Akoo is a technology company developing unique and innovative wireless technologies, products and services that enhance everyday life. The company has successfully developed a patent-pending wireless technology, "Kima Wireless," that enables devices, such as PCs, home stereo systems, MP3 players, car stereos, PDAs and cellular phones, among others, to communicate within a 1,000-foot radius. This evolving, next generation technology platform sets new industry standards for the wireless distribution of audio/video between devices both throughout and outside the home. Kima Wireless technology will be licensed to major manufacturers/OEM suppliers and designed into tomorrow's consumer electronics products. The company's recently introduced KS-110 wireless audio system allows users to access MP3 files, Internet radio and digital music on any portable radio or home stereo system. Akoo's Link-It, which will be introduced in May 2001, will enable users to wirelessly send music from their MP3 players or portable CD players to their car stereos. Additionally, the company's interactive property at www.akoo.com, named one of the Top 20 streaming media sites, supports the company's products with a comprehensive music and radio broadband destination. The company is based in Chicago, IL.