The Latest News From WebSafety (WBSI) and Intel Corporation (INTC).
Monday, August 30th, 2010
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WebSafety, Inc. (WBSI.OB), the leading provider of mobile and Internet safety technologies, will be contributing a percentage of sales from the company’s suite of mobile and Internet safety applications to Benton Elementary School, located in Bossier Parish, Louisiana, as part of the school’s Parent Teacher Organization (PTO) 2010-2011 school year initiative.
Parents of the Benton Elementary School children will be encouraged to purchase subscriptions of the CellSafety and WebSafetyPC applications which help to prevent incidences of distracted driving as well as unlawful Internet behavior such as cyber predators, explicit or degrading texting and cyber-bullying. Benton Elementary School will receive 20% of every subscription level which range from $9.99 to $39.99 per month and can be purchased by visiting WebSafety’s website.
“WebSafety is pleased to pledge our support to not only provide needed school funding for Benton Elementary, but to offer parents a reliable way to protect their children from cyber-bullies, degrading text messaging and unsafe Internet behavior,” said Travis Bond, Chief Operating Officer of WebSafety, Inc. “Our patented software enables parents to monitor their children’s mobile phone and online activities without compromising their privacy in order to empower families to communicate openly about potentially dangerous situations.”
WebSafety’s suite of services, CellSafety and WebSafetyPC, inhibit texting in school via “No Texting Zones” in order to prevent scholastic cheating as well as notifications in real-time regarding what websites their kids are visiting and if users are sending or receiving inappropriate text messages.
WebSafety, Inc. is the leading provider of mobile and computer software solutions that help to prevent incidences of distracted driving as well as unlawful Internet behavior such as cyber predators, explicit or degrading texting and cyber-bullying. The mobile software works on all of the major wireless operating systems, including Android, Blackberry and Symbian system and on all four of the major wireless carriers. The Irving, Texas-based company is also the creator of the “National Wireless Highway Safety Network,” which is driven to save lives.


Intel Corporation (NASDAQ:INTC) and Infineon Technologies AG have entered into a definitive agreement to transfer Infineon’s Wireless Solutions (WLS) business to Intel in a cash transaction valued at approximately $1.4 billion.
WLS, a leading provider of cellular platforms to top tier global phone makers, will operate as a standalone business serving its existing customers. WLS will also contribute to Intel’s strategy to make connected computing ubiquitous from smartphones to laptops to embedded computing.
“The global demand for wireless solutions continues to grow at an extraordinary rate,” said Paul Otellini, Intel president and CEO. “The acquisition of Infineon’s WLS business strengthens the second pillar of our computing strategy — Internet connectivity — and enables us to offer a portfolio of products that covers the full range of wireless options from Wi-Fi and 3G to WiMAX and LTE. As more devices compute and connect to the Internet, we are committed to positioning Intel to take advantage of the growth potential in every computing segment, from laptops to handhelds and beyond.”
“The sale of WLS is a strategic decision to enhance Infineon’s value. We can now fully concentrate our resources towards strong growth in our core segments Automotive (ATV), Industrial & Multimarket (IMM) and Chip Card & Security (CCS). This creates a great perspective for all Infineon customers, employees and shareholders,” said Peter Bauer, CEO of Infineon Technologies AG. “We all stand to benefit enormously from this deal. Thanks to the outstanding effort of the employees and the management during the last years, WLS is excellently positioned to grow further with the new owner who is ideally suited for this business.”
Intel is the world leader in silicon innovation, developing technologies, products and initiatives to continually advance how people work and live.
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