NAMC Newswire Releases - Seamless Wi-Fi Acquires Entertainment Device Patent

Seamless Wi-Fi Acquires Entertainment Device Patent

Tuesday, 21 March 2006

Seamless Wi-Fi Acquires Entertainment Device Patent

LAS VEGAS, NV, (NAMC) – Wireless Internet security company, Las Vegas, Nevada based Seamless Wi-Fi (OTCBB: SLWF) has signed a definitive asset purchase agreement with privately held Vercel Development for the patent rights to a mini computer named Entertainment Device or “ED.”

According to a Form 8-K filing by Seamless Wi-Fi, the company has agreed to purchase the “ED” patent for approximately $500,000. They have further agreed to pay royalties to Vercel as it relates to sales, if a sale is executed from Seamless Wi-Fi’s efforts then Vercel receives 10% of the sale, if from Vercel’s efforts then Vercel receives 15%.

This is just one more step that Seamless Wi-Fi has taken to solidify their position in the wireless Internet industry.

More on Seamless Wi-Fi can be found at :
www.namcnewswire.com/companyprofiles/slwf.html

Terry Caruso
Business News Correspondent
NAMC Newswire
www.namcnewswire.com

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