Runcom & IXI Reveal new WiMAX GSM Handset

BARCELONA, Spain, February 16, 2010 /PRNewswire-FirstCall/ -- Runcom Technologies, Ltd ("Runcom") and IXI Mobile Inc. ("IXI", OTC:IXMO.PK) unveil today at the Mobile World Congress in Barcelona its first Dual Mode Low Cost (ULC) GSM- WiMAX handset. The handset is powered by Runcom's leading OFDMA technology, which is developed for WiMAX & LTE. The handset integrates GSM and WiMAX chipset, capable of voice calls, VOIP calls, and high speed data connection up to 10Mbps on 2.3GHz or 2.5GHz WiMAX spectrum. According to WiMAX Forum, it is expected that WiMAX coverage will reach 100 million users by 2010 and Runcom and IXI intend to supply the demand for dual mode handsets.

(Photo: http://www.newscom.com/cgi-bin/prnh/20100216/377928 )

"This represents a significant milestone for IXI Mobile. Having the ability to offer GSM-WiMAX handsets at competitive price points puts IXI Mobile in a substantial growing path. The demand for this kind of wireless handset will be massive. IXI and Runcom expect orders for delivery starting Q2/2010," stated Yair Shapira, CTO of IXI Mobile Inc.

"We believe that this handset, which was developed by IXI in record time, will be a massive addition to the Runcom End-to-End Network offering to operators worldwide. This product represents the future of Mobile WiMAX," stated Dr. Zion Hadad, CEO and Chairman of Runcom

About Runcom Technologies

Runcom Technologies Ltd. develops superior technological standards and products that target the emerging Beyond-3G market, known as WiMAX and LTE, enabling the delivery of enhanced communications services to cellular phones and other mobile devices. Runcom is the recognized pioneer of OFDMA(R) technology, accepted as the preferred solution for the IEEE 802.16a BWA standard, enabling telecoms to provide customers with enhanced voice and data services. The technology continues to strike roots in the expanding wireless agenda, recently becoming a cornerstone of the emerging 802.16e standard for Wireless MAN (Metropolitan Area Networks). Runcom's leading standing in the OFDMA(R) solutions arena and its ability to provide a vertical oriented solution from silicon to complete networks, positions it competitively to lead the way in providing WiMAX solutions in global market.

About IXI Mobile Inc.

IXI Mobile Inc. is focusing in developing, design & manufacture of custom designed mobile phones. The company, through its subsidiaries, operates in various wireless segments; among them are GSM-WiMAX handsets, life style handsets under license and integrated prepaid services on OEM handsets. This diversity of revenue sources is linking to the company expertise in custom made handsets in a growing market of over 1.25B handsets per annum.

Safe Harbor Statements

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and may contain forward-looking statements, with words such as "anticipate," "believe," "expect," "future," "may," "will," "should," "plan," "projected," "intend," and similar expressions to identify forward-looking statements. These statements are based on the Company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the Company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to the Company's periodic filings as posted on the Pink Sheets information service.

Runcom Contact: Israel Koffman, V.P. Marketing [email protected] at +972-54-5303110

For more information please visit the company's website at http://www.ixi.com or Contact: Yair Shapira [email protected] at +972-54-4356497

SOURCE Runcom Technologies, Ltd and IXI Mobile Inc.

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