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|NII Holdings Launches The Motorola i1, the First Push-To-Talk Android-Powered Smartphone in Latin America|
RESTON, Va., May 26, 2010 /PRNewswire via COMTEX/ --NII Holdings, Inc. (Nasdaq: NIHD) and Motorola, Inc (NYSE: MOT) today announced that Nextel Argentina, Nextel Brazil and Nextel Mexico will offer the Motorola i1, the first push-to-talk Android(TM) powered smartphone in Latin America. The Motorola i1 is a sleek and attractive touchscreen device that combines Nextel's industry-leading Push-to-Talk (PTT) service, DirectConnect, with premium phone features, including Wi-Fi(R) optimized browsing with a Nextel branded version of the new Opera Mini 5 browser, providing access to thousands of internet-based applications.
With the Motorola i1, users will be able to experience Android, which is based on an internet ecosystem that recalls the last 6 applications used with the touch of a button. As a result, Nextel subscribers can benefit from DirectConnect, while accessing countless applications and widgets available from the Android Market(TM) store, as well as other popular Google solutions such as search and Gmail.
The i1 comes preloaded with the popular Facebook(R) social network application, has a 5 megapixel camera with geo-tagging and panoramic capabilities, MP3 player, Swype(TM) text input technology, and 8GB of expandable memory.
"This device is a first in a series of exciting new handsets that will be added to our product portfolio in 2010. For the past few years, we have been surpassing the expectations of our subscribers with cutting-edge devices, and we are excited to continue to do so with the launch of the Motorola i1," said Greg Santoro, chief marketing and strategy officer for NII Holdings. "If you are energetic, creative, fascinated with innovation and gadgets and need to be connected, this is your ideal device."
"Motorola remains focused on delivering differentiated Android experiences within our product portfolio," said Mark Shockley, senior vice president of the Global Go-to-Market (GTM) organization for Mobile Devices. "With i1, we're excited to offer push-to-talk users the opportunity to enjoy a feature rich smartphone with 5 megapixel camera as well as Wi-Fi(R), whether it's for work or play."
Key features include:
About NII Holdings, Inc.
NII Holdings, Inc., a publicly held company based in Reston, Va., is a leading provider of mobile communications for business customers in Latin America. NII Holdings, Inc. has operations in Mexico, Brazil, Argentina, Peru and Chile offering a fully integrated wireless communications tool with digital cellular voice services, data services, wireless Internet access and Nextel Direct Connect(R) and International Direct Connect(TM), a digital two-way radio feature. NII Holdings, Inc., a Fortune 500 company, trades on the NASDAQ market under the symbol NIHD and is a member of the NASDAQ 100 Index. Visit the Company's website at http://www.nii.com.
Nextel, the Nextel logo, Nextel Online, Nextel Business Networks and Nextel Direct Connect are trademarks and/or service marks of Nextel Communications, Inc.
Motorola is known around the world for innovation in communications and is focused on advancing the way the world connects. From broadband communications infrastructure, enterprise mobility and public safety solutions to high-definition video and mobile devices, Motorola is leading the next wave of innovations that enable people, enterprises and governments to be more connected and more mobile. Motorola (NYSE: MOT) had sales of US $22 billion in 2009. For more information, please visit www.motorola.com.
MOTOROLA and the Stylized M Logo are registered in the US Patent & Trademark Office. Android, Google and Android Market are trademarks of Google, Inc. All other product or service names are the property of their respective owners. © Motorola, Inc. 2010. All rights reserved.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995. This news release includes "forward-looking statements" within the meaning of the securities laws. The statements in this news release regarding device features, software applications, internet browsing capabilities and other device benefits, the business outlook, future performance and forward-looking guidance, as well as other statements that are not historical facts, are forward-looking statements. The words "estimate," "project," "forecast," "intend," "expect," "believe," "target," "providing guidance" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are estimates and projections reflecting management's judgment based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. With respect to these forward-looking statements, management has made assumptions regarding, among other things, availability of applications and usability of device features, network usage, customer growth and retention, pricing, operating costs, the timing of various events, the economic and regulatory environment and the foreign exchange rates that will prevail during 2010. Future performance cannot be assured and actual results may differ materially from those in the forward-looking statements. Some factors that could cause actual results to differ include the risks and uncertainties relating to the impact of more intense competitive conditions and changes in economic conditions in the markets we serve; the impact on our financial results, and potential reductions in the recorded value of our assets, that may result from fluctuations in foreign currency exchange rates and, in particular, fluctuations in the relative values of the currencies of the countries in which we operate compared to the U.S. dollar; the risk that our network technologies will not perform properly or support the services our customers want or need, including the risk that technology developments to support our services will not be timely delivered; the risk that customers in the markets we serve will not find our services attractive; and the additional risks and uncertainties that are described from time to time in NII Holdings' Annual Report on Form 10-K for the fiscal year ended December 31, 2009, as well as in other reports filed from time to time by NII Holdings with the Securities and Exchange Commission. This press release speaks only as of its date, and NII Holdings disclaims any duty to update the information herein.
NII Holdings, Inc. 1875 Explorer Street, Suite 1000 Reston, VA. 20190 (703) 390-5100 http://www.nii.com Contacts: Investor Relations: Tim Perrott (703) 390-5113 firstname.lastname@example.org Media Relations: Claudia E. Restrepo (786) 251-7020 email@example.com
SOURCE NII Holdings, Inc.