professional services took the time to understand our business and work cooperatively with us to thoroughly define our requirements - then delivered a powerful application using Aether
's mobile technology.
We're delighted to be working with Aether
Systems," said Kathy Simpson, director of Developer Marketing for Phone.
To the Greeks, aether
was the rarified air breathed by the gods on Olympus.
Holdings owns and manages a leveraged portfolio of mortgage-backed securities through its wholly-owned subsidiary Aether
Factors that could cause or contribute to such differences include: (1) we may not be able to realize value from our accumulated loss carryforwards, because of a failure to generate sufficient taxable earnings, regulatory limits or both, (2) the transfer restrictions applicable to the common stock of Aether
Holdings may not prevent an ownership change from occurring or may not be considered effective by the Internal Revenue Service, in which case our ability to use our loss carryforwards could be substantially limited and (3) other factors discussed in our filings with the SEC.
Our tax loss carryforwards are a valuable asset to Aether
and its stockholders and an important component of our business strategy," said David S.
Systems owns and manages a portfolio of residential mortgage-backed securities and other short-term government agency investments.
Systems (Nasdaq:AETH) will release its Q3 2004 results after market close on Tuesday, November 2, 2004.
In the sale, Aether
received $25 million in cash, subject to a purchase price adjustment to be determined within 45 days.
Systems provides wireless and mobile data solutions that increase efficiency and productivity for the Transportation and Mobile Government markets.
75 million of credit support arrangements that Aether
currently has in place for its Mobile Government division.
Oros has signed an agreement with Platinum to vote the shares of Aether
stock that he owns or controls, which represent approximately 10% of Aether
's outstanding shares, in favor of the transaction.
Based on our strategic review, we believe that this mortgage-backed securities strategy can deliver substantial value to our stockholders," said Aether
Chairman and CEO David Oros.
Frost & Sullivan selected TCS for its acquisition of the Enterprise Mobility Solutions (EMS) division of Aether
By engaging FBR, Aether
said, the Company hopes to both accelerate its previously announced goal of reaching profitability as well as adopting a longer-term strategy to enhance the value of its assets for shareholders.