The company has a product for Internet information and a wireless prototype, with a working product scheduled for the first quarter of 2001. It has several payment models, mainly combining a license fee and sharing profit. The accepted model in wireless is an initial installation fee, plus payment according to the number of users. In instances involving really large players, Zapper anticipates deals worth several hundreds of thousands to millions of dollars, whereas deals with smaller customers would be in the range of a few scores of thousands of dollars. Zapper declines to divulge any name, but I have a hunch that Sonera of Finland is involved, since it has an innovative hand in almost every valuable cellular venture, and recently invested in several Israeli companies.
Zapper s first.
Sonera was not the sole investor. Inc. All rights reserved.