Motorola and Oakley Announce Launch of RAZRWIRE(TM) With Cingular Wireless
July 25 2005 - 12:49PM
PR Newswire (US)
Motorola and Oakley Announce Launch of RAZRWIRE(TM) With Cingular
Wireless Bluetooth(R) Enabled Eyewear Redefines Hands-free Mobility
SCHAUMBURG, Ill., FOOTHILL RANCH, Calif. and ATLANTA, July 25
/PRNewswire/ -- Motorola, Inc. (NYSE:MOT), a global leader in
wireless communications, and Oakley, Inc. (NYSE:OO), a worldwide
leader in premium sunglasses and apparel, today announced the
expected availability of RAZRWIRE(TM) Bluetooth(R) eyewear in early
August at select Cingular Wireless retail stores and online at
http://www.cingular.com/, http://www.hellomoto.com/, and
http://www.oakley.com/. RAZRWIRE(TM) is the world's first eyewear
to combine patented Oakley optics with Bluetooth(R) wireless
technology. To view the Multimedia News Release, go to:
http://www.prnewswire.com/mnr/cingular/22298 "Seamless mobility is
here, now with the availability of RAZRWIRE," said Bruce Hawver,
vice president of companion products, Motorola's Mobile Device
business. "Motorola and Oakley are bringing innovative wearable
technology to life. With this one-of-a-kind Bluetooth-enabled
mobile eyewear, active consumers can stay connected while moving
from one environment to the next." "RAZRWIRE's fully integrated
design takes advantage of the world's best eyewear and wireless
technologies to give freedom of life, movement and communication
anywhere and everywhere you want to be, so now seeing and hearing
is believing," said Cos Lykos, vice president of business
development, Oakley. "Our partnership with Motorola expands the
possibilities of Oakley's new electronics category, offering our
engineers an expanded arsenal to develop new and innovative
electronics products." "RAZRWIRE is the essence of innovative
mobile communications, offering a wearable Bluetooth solution that
provides access to our ALLOVER(sm) network while allowing consumers
to enjoy their active lifestyles with comfort and convenience,"
said David Christopher, vice president of product management,
Cingular Wireless. "We are excited to be the first wireless carrier
to offer RAZRWIRE." Bluetooth(R) Module RAZRWIRE(TM) is armed with
Motorola's third generation Bluetooth(R) technology and supports
Bluetooth(R) RF protocol 1.1 and 1.2 ensuring compatibility with
most Bluetooth(R)-enabled cellular phones and other Bluetooth(R)
devices*. Esthetically, the Bluetooth(R) module is designed to
complement the overall look of the sunglasses, creating truly
wearable technology. The intuitive, easy-to-use controls include
two volume buttons and a single button used to handle incoming and
outgoing calls. RAZRWIRE(TM) allows you to carry on phone
conversations while up to 30 feet away from your compatible
Bluetooth(R)-enabled cell phone. Charging is easy using an included
wall charger or through a USB computer port using an optional
cable. Bluetooth(R) Sniff Mode technology increases the battery
life of RAZRWIRE(TM), offering continuous talk time of more than
five hours and standby time of up to approximately 100 hours.
RAZRWIRE(TM) is designed for comfort -- module's speaker can be
worn on either ear or removed entirely depending on your
preference. RAZRWIRE(TM) Sunglasses For durability and all-day
comfort, the RAZRWIRE(TM) frame is made of Oakley's proprietary
O-Luminum, an alloy 40 percent lighter than pure titanium. Custom
engineered spring hinges provide a secure, adaptable fit, and soft
Unobtainium(R) components increase grip with perspiration for
virtually any activity your involved in. The Plutonite(R) lenses,
which filter out 100 percent of UV and harmful blue light, feature
Oakley's patented XYZ Optics(R), an innovation that maximizes
clarity at all angles of vision throughout all surfaces of the
wrapped lens contours. The semi-rimless design means there's no
frame rim to block your downward view. The engineering construction
of the lens and frame meets all ANSI Z87.1 standards for impact
protection. RAZRWIRE(TM) can also accommodate Oakley prescription
lenses with an optional prescription lens adapter. RAZRWIRE(TM)
Availability RAZRWIRE(TM) will have limited availability at select
Cingular Wireless retail locations and online at
http://www.cingular.com/, http://www.hellomoto.com/, and
http://www.oakley.com/ in early August for $294.99. This includes
the sunglasses, Bluetooth(R) module and a wall charging unit.
RAZRWIRE(TM) will initially be available in three color frame/lens
color combinations, including Platinum/Gold Iridium, Pewter/Black
Iridium and Mercury/Gray. Wider distribution of RAZRWIRE(TM) will
include additional Cingular stores and Oakley's own retail stores
and sunglass specialty locations later in the third quarter.
Additional information can be found at http://oakley.motorola.com/.
About Motorola, Inc. Motorola is a Fortune 100 global
communications leader that provides seamless mobility products and
solutions across broadband, embedded systems and wireless networks.
In your home, auto, workplace and all spaces in between, seamless
mobility means you can reach the people, things and information you
need on the go. Seamless mobility harnesses the power of technology
convergence and enables smarter, faster, cost-effective and
flexible communication. Motorola had sales of US $31.3 billion in
2004. For more information: http://www.motorola.com/. About Oakley,
Inc. Oakley: a world brand, driven to ignite the imagination
through the fusion of art and science. Building on its legacy of
innovative, market-leading, premium sunglasses, the company offers
a full array of products including performance apparel and
accessories, prescription eyewear, footwear, watches and
electronics to consumers in more than 100 countries.
Trailing-12-month net sales through June 30, 2005 totaled $615.3
million and generated net income of $49.0 million. Oakley, Inc.
press releases, SEC filings and the company's annual report are
available at http://www.oakley.com/. About Cingular Wireless
Cingular Wireless is the largest wireless carrier in the United
States, serving 51.6 million customers. Cingular, a joint venture
between SBC Communications Inc. (NYSE:SBC) and BellSouth
Corporation (NYSE:BLS), has the largest digital voice and data
network in the nation -- the ALLOVER(SM) network -- and the largest
mobile-to-mobile community of any national wireless carrier.
Cingular is the only U.S. wireless carrier to offer Rollover(SM),
the wireless plan that lets customers keep their unused monthly
minutes. Details of the company are available at
http://www.cingular.com/. Get Cingular Wireless press releases
e-mailed to you automatically. Sign up at
http://www.cingular.com/newsroom. Oakley Safe Harbor Disclaimer
This press release contains certain statements of a forward-looking
nature. Such statements are made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements, including but not limited to
growth and strategies, future operating and financial results,
financial expectations and current business indicators are based
upon current information and expectations and are subject to change
based on factors beyond the control of the company. Forward-looking
statements typically are identified by the use of terms such as
"may," "will," "should," "might," "believe," "plan," "expect,"
"anticipate," "estimate" and similar words, although some
forward-looking statements are expressed differently. The accuracy
of such statements may be impacted by a number of business risks
and uncertainties that could cause actual results to differ
materially from those projected or anticipated, including but not
limited to: the acceptance in the marketplace of the company's new
product introductions; the company's ability to maintain approved
vendor status and continue to receive product orders from the U.S.
military; the company's ability to integrate and operate
acquisitions, the company's ability to manage rapid growth; risks
related to the limited visibility of future sunglass orders
associated with the company's "at once" production and fulfillment
business model; the ability to identify qualified manufacturing
partners; the ability to coordinate product development and
production processes with those partners; the ability of those
manufacturing partners and the company's internal production
operations to increase production volumes on raw materials and
finished goods in a timely fashion in response to increasing demand
and enable the company to achieve timely delivery of finished goods
to its retail customers; the ability to provide adequate fixturing
to existing and future retail customers to meet anticipated needs
and schedules; the dependence on eyewear sales to Luxottica Group
S.p.A, which, as a major competitor, could materially alter or
terminate its relationship with the company; the company's ability
to expand and grow its distribution channels and its own retail
operations; unanticipated changes in general market conditions or
other factors, which may result in cancellations of advance orders
or a reduction in the rate of reorders placed by retailers; a
weakening of economic conditions could continue to reduce demand
for products sold by the company and could adversely affect
profitability, especially of the company's retail operations;
terrorist acts, or the threat thereof, could adversely affect
consumer confidence and spending, could interrupt production and
distribution of product and raw materials and could, as a result,
adversely affect the company's operations and financial
performance; the ability of the company to integrate licensing
arrangements without adversely affecting operations and the success
of such initiatives; the ability to continue to develop and produce
innovative new products and introduce them in a timely manner;
reductions in sales of products, either as the result of economic
or other conditions or reduced consumer acceptance of a product,
could result in a buildup of inventory; the ability to source raw
materials and finished products at favorable prices to the company;
the potential impact of periodic power crises on the company's
operations including temporary blackouts at the company's
facilities; foreign currency exchange rate fluctuations;
earthquakes or other natural disasters concentrated in Southern
California where a significant portion of the company's operations
are based; the company's ability to identify and execute
successfully cost control initiatives; and other risks outlined in
the company's SEC filings, including but not limited to the Annual
Report on Form 10-K for the year ended December 31, 2004 and other
filings made periodically by the company. Readers are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of the date hereof. The company undertakes no
obligation to update this forward-looking information. Nonetheless,
the Company reserves the right to make such updates from time to
time by press release, periodic report or other method of public
disclosure without the need for specific reference to this press
release. No such update shall be deemed to indicate that other
statements not addressed by such update remain correct or create an
obligation to provide any other updates. *The RAZRWIRE supports
hands-free and/or headset profiles. To confirm your product is
Bluetooth(R)-enabled, go to http://www.bluetooth.com/products or
call 1 877 MOTO BLU (1.877.668.6258). MOTOROLA and the Stylized M
Logo are registered in the US Patent & Trademark Office. All
other product or service names are the property of their respective
owners. The Bluetooth trademarks are owned by their proprietor and
used by Motorola, Inc. under license.
http://www.prnewswire.com/mnr/cingular/22298DATASOURCE: Cingular
Wireless; Motorola, Inc.; Oakley, Inc. CONTACT: Monica Rohleder of
Motorola, Inc., +1-847-606-1973, or ; or Jennifer Bowcock of
Cingular Wireless, +1-404-236-6319, or ; or Diane Thibert of
Oakley, Inc., +1-949-672-6888, or Web site:
http://www.cingular.com/ http://www.hellomoto.com/
http://www.oakley.com/ http://www.prnewswire.com/mnr/cingular/22298
http://oakley.motorola.com/ http://www.cingular.com/newsroom
http://www.bluetooth.com/products
Copyright
Oakley (NYSE:OO)
Historical Stock Chart
From Nov 2024 to Dec 2024
Oakley (NYSE:OO)
Historical Stock Chart
From Dec 2023 to Dec 2024