Sanyo licenses Red Bend software suite for mobile phones

Revenue from the agreement is expected to total millions of dollars of the next three years.

Firmware-Over-the-Air (FOTA) update solutions developer Red Bend Software Ltd. has signed a licensing agreement with Sanyo Electric Co. Ltd. (Nasdaq: SANYY: TSE:67640) to use the company’s device management client software suite in mobile phones manufactured by Sanyo. The agreement is through Red Bend’s Japanese subsidiary, Red Bend Software Japan KK.

Sanyo makes 10 million mobile telephones a year. It will use Red Bend’s RDM client suite in CDMA mobile phones. Revenue from the agreement is expected to total millions of dollars of the next three years.

The RDM client suite allows mobile operators and handset manufacturers to remotely manage mobile devices in the field. It is a standards-based software that works with any Open Mobile Alliance OMA DM server to enable remote configuration, provisioning, diagnostics and updating of mobile phones over the air (OTA).

Red Bend Software Japan president Kazuhiro Abe said, “The adoption of our software by a cutting-edge mobile phone manufacturer like Sanyo demonstrates Red Bend’s growing market momentum, particularly with CDMA operators.”

Red Bend’s technology is already found in more than 100 million handsets of dozens of models made by NEC, Sony Ericsson Mobile Communications AB, LG Electronics Co. Ltd. (KSX:66570) BenQ Mobile Co. Ltd. (TAEC:2352; Luxembourg: BENQ), and Sharp Corp. (TSE: 6753).

Published by Globes [online], Israel business news - www.globes.co.il - on August 1, 2007

© Copyright of Globes Publisher Itonut (1983) Ltd. 2007

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