EdgeMatrix and Singapore mobile operator MobileOne (M1) have signed a joint venture to create an independent wireless research centre in the Asia-Pacific region.
The centre, called Wireless Intellect Labs, will commence operations during the third quarter of 2001. It will be based in Singapore and focus on cutting edge wireless technology which would be licensed to third parties.
Early projects include wireless payment applications, video-streaming technology for wireless devices, multimedia-messaging and Bluetooth applications.
Both companies have invested an initial $1 million to fund the centre's first year of operations and expect to derive future revenue through the licensing of its technology to telecommunications operators, manufacturers and solutions developers.
Varun Arora, senior director of planning and development for EdgeMatrix, who will head operations at the centre, said the 10 research staff would conduct research projects from "infancy to fruition" with some of the initial projects to be at the "fringe of unexplored wireless technology".
Neil Montefiore, CEO for M1, said: "The wireless frontier is continuously shaped by visionaries and players translating into reality the vision of anywhere and anytime communication."