MINM Zoom Telephonics Inc.

Telecom Infra Project Welcomes Minim and Evaluates Its Technology as a Standard Element in OpenWiFi Architecture

Telecom Infra Project Welcomes Minim and Evaluates Its Technology as a Standard Element in OpenWiFi Architecture

TIP is a global community of companies and organizations, including BT, Vodafone, Telefónica, Deutsche Telekom, Dell, Intel, and Facebook, that are driving infrastructure solutions to advance global connectivity.

MANCHESTER, NH, Sept. 30, 2021 (GLOBE NEWSWIRE) -- via -- , Inc. (NASDAQ: MINM), the creator of intelligent networking products, today announced it joined the Telecom Infra Project (TIP) Open Converged Wireless (OCW) Project Group and will be supporting the Open Source TIP OpenWiFi Project. Minim and TIP OpenWiFi members are evaluating the use of Minim’s intelligent connectivity software as a standard element in the Project Group’s OpenWiFi framework. This move would allow ISPs and OEMs to activate Minim or any other Wi-Fi management software that supports OpenWiFi’s new subscriber management framework on TIP OpenWiFi compliant devices. 

TIP  in May 2021 and is a community-developed, fully disaggregated Wi-Fi system, including Access Point (AP) hardware, an open-source AP network operating system (NOS) and an SDK to build Cloud native Wi-Fi Controller & management software for Wi-Fi Service Providers and Enterprises, making it possible for Access points, Cloud controllers and over-the-top analytics solutions, from different vendors to interoperate and work together on the same Wi-Fi network, with confidence.

“OpenWiFi has the potential to unlock extensive opportunities for both Minim and our customers,” said Alec Rooney, CTO, Minim. “We have seen first-hand fragmented and proprietary router firmwares can slow down new product innovation. OpenWiFi is a promising Wi-Fi platform for us to standardize a Minim solution across our own hardware portfolio while contributing value alongside a vibrant ecosystem of solution providers. We look forward to continued research and development with the global TIP community.” 

Minim is currently working with OpenWiFi developers on a joint roadmap, targeting full integration and platform data exchange in the first half of 2022. Upon successful integration and testing, Minim plans to leverage its OpenWiFi-based MinimOS in its own product portfolio, as well as offer the managed firmware to third parties. 

“TIP OpenWiFi promises to lower WiFi infrastructure cost and accelerate innovation,” stated Adlane Fellah, Senior Analyst at Maravedis. “At a time when WiFi is playing a key role in our lives, OpenWiFi is set to disrupt the WiFi vendor-lock model by bringing a common set of features that are open for everyone to leverage. It also enables a potential marketplace for WiFi vendors like Minim to be inherently interoperable and bring unique and extensive value to home WiFi service delivery.”

For more information about Minim, visit 

About the Telecom Infra Project (TIP)

The Telecom Infra Project (TIP) is a global community of companies and organizations that are driving infrastructure solutions to advance global connectivity. Half of the world’s population is still not connected to the internet, and for those who are, connectivity is often insufficient. This limits access to the multitude of consumer and commercial benefits provided by the internet, thereby impacting GDP growth globally. However, a lack of flexibility in the current solutions - exacerbated by a limited choice in technology providers - makes it challenging for operators to efficiently build and upgrade networks. Founded in 2016, TIP is a community of diverse participants that includes hundreds of companies - from service providers and technology partners, to systems integrators and other connectivity stakeholders. We are working together to develop, test and deploy open, disaggregated, and standards-based solutions that deliver the high quality connectivity that the world needs - now and in the decades to come. Find out more: .

About Minim 

, Inc. (NASDAQ: MINM) is the creator of intelligent networking products that dependably connect people to the information they need and the people they love. Headquartered in Manchester, NH, the company delivers smart software-driven communications products under the globally recognized Motorola brand and Minim® trademark. Minim end users benefit from a personalized and secure WiFi experience, leading to happy and safe homes where things just work. To learn more, visit .

MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. 

Media Contact: 

Grace McElroy at (914) 643-5260 or 

Investor Relations Contact:

James Carbonara, Hayden IR at (646) 755-7412 or 

Forward-Looking Statements

This press release contains “forward-looking statements”, within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.  Such forward-looking statements relate to Minim’s plans, expectations, and intentions. Actual results may be materially different from expectations as a result of known and unknown risks, including: risks associated with Minim’s potential inability to realize intended benefits of the merger; the potential increase in tariffs on the company's imports; potential difficulties and supply interruptions from moving the manufacturing of most of the company’s products to Vietnam; risks relating to global semiconductor shortages; potential changes in NAFTA; the potential need for additional funding which Minim may be unable to obtain; declining demand for certain of Minim’s products; delays, unanticipated costs, interruptions or other uncertainties associated with Minim’s production and shipping; Minim’s reliance on several key outsourcing partners; uncertainty of key customers’ plans and orders; risks relating to product certifications; Minim’s dependence on key employees; uncertainty of new product development, including certification and overall project delays, budget overruns; the risk that newly introduced products may contain undetected errors or defects or otherwise not perform as anticipated; costs and senior management distractions due to patent related matters; risks from a material weakness in our internal control over financial reporting; the impact of the COVID-19 pandemic; and other risks set forth in Minim’s filings with the Securities and Exchange Commission. Minim cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Minim expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Minim’s expectations or any change in events, conditions or circumstance on which any such statement is based. 



EN
30/09/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Zoom Telephonics Inc.

 PRESS RELEASE

Minim Inc. Responds to Unusual Trading

Minim Inc. Responds to Unusual Trading MANCHESTER, NH, Nov. 30, 2023 (GLOBE NEWSWIRE) -- via –Manchester based Minim Inc. issued the following statement regarding unusual trading in its common stock. Normally, the Company does not comment on market activity or rumors. However, Minim is not aware of any material, undisclosed information related to the Company that would account for the recent increase in the market price and increase in the level of trading volume of its shares. Minim Inc. -

 PRESS RELEASE

Minim, Inc. Announces Receipt of Nasdaq Listing Deficiency Notice

Minim, Inc. Announces Receipt of Nasdaq Listing Deficiency Notice MANCHESTER, NH, Nov. 20, 2023 (GLOBE NEWSWIRE) -- via - Minim, Inc. (Nasdaq: MINM) announced today that it received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) on November 16, 2023 indicating that the Company is not currently in compliance with Nasdaq’s Listing Rules (the “Listing Rules”) due to the Company’s inability to timely file its Form 10-Q for the period ended September 30, 2023 (the “Form 10-Q”) with the Securities and Exchange Commission (“SEC”). The Notice has no immediate effect on the l...

 PRESS RELEASE

Minim Announces CEO Transition

Minim Announces CEO Transition MANCHESTER, NH, April 07, 2023 (GLOBE NEWSWIRE) -- via -- Minim, Inc. (Nasdaq: MINM), the creator of home networking products and software under the globally-recognized Motorola brand, announces Jeremy Hitchcock has been named Executive Chairman. Mr. Hitchcock is the Founder, Chairman and Former CEO of Minim and Dyn (ACQ: Oracle). He assumes his responsibilities effective immediately succeeding Mehul Patel who has stepped down from his role as Chief Executive Officer to pursue other career opportunities. Jeremy Hitchcock, Executive Chairman of Minim, commen...

 PRESS RELEASE

Minim, Inc. Announces Reverse Stock Split

Minim, Inc. Announces Reverse Stock Split MANCHESTER, NH, March 31, 2023 (GLOBE NEWSWIRE) --  via Minim, Inc. (Nasdaq: MINM), the creator of home networking products and software under the globally-recognized Motorola brand, today announced that the Company’s Board of Directors has approved a reverse stock split of its shares of common stock at a ratio of 1-for-25. The reverse stock split will become effective at 12:01 a.m. Eastern Time on April 17, 2023 and Minim anticipates the Company’s common stock will open for trading on The Nasdaq Capital Market on a post-split basis on April 17, ...

 PRESS RELEASE

Minim Reports Fourth Quarter and Full Year 2022 Financial Results

Minim Reports Fourth Quarter and Full Year 2022 Financial Results MANCHESTER, NH, March 29, 2023 (GLOBE NEWSWIRE) -- via – , Inc. (Nasdaq: MINM), the creator of innovative internet access products under the globally-recognized Motorola brand, today reported fourth quarter and full year financial results for the period ended December 31, 2022. Full Year 2022 Financial Highlights: ● Net revenue of $50.6 million, down 8.7% compared to $55.4 million in 2021. ● Gross margin of 23.6% compared to 34.1% in 2021. ● Net loss of ($15.5) million compared to a net loss of ($2.2) million...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch