Other highlights include the announcement of two important new licensing agreements for eZiText® in the global gaming market: one with Nintendo Co. Ltd. for the popular Wii video game console and another with Sony Computer Entertainment for the PLAYSTATION®3 (PS3(TM)) computer entertainment system; a licensing agreement with ACCESS Systems Americas, Inc. (formerly PalmSource) to pre-integrate eZiText predictive text technology and Decuma® handwriting recognition technology into the Access Linux Platform; and the launch of a company-wide strategic initiative to move Zi toward profitability through cost reductions and revenue growth.
"2006 was a year of much needed transition for Zi and we finished the year with several licensing agreements that we expect to be significant to our future," Djokovic said. "Our Qix agreement with T-Mobile is a very important milestone for the Company. Our license agreements with Nintendo and Sony have placed eZiText in two high-profile gaming products and partner Zi with two of the major players in the lucrative global video game industry. In addition, our new senior management team, which was seated last summer, has done a remarkable job of building momentum that positions us well for the future."