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AirGATE Technologies, Inc. Licenses Technology.

Publication: Business Wire
Publication Date: 10-AUG-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
DALLAS -- AirGATE Technologies, Inc., an early-stage company specializing in radio frequency identification (RFID) and wireless, intelligent, sensor technology has licensed its proprietary, child safety seat technology. AirGATE is a wholly owned subsidiary of the X-Change Corporation (OTCBB: XCHC).

AirGATE Technologies has licensed its child safety seat technology to Deutsche Guaranty, Ltd. Deutsche Guaranty will be responsible for the manufacture of the child safety seat incorporating AirGATE's technology. In addition, Deutsche Guaranty will be responsible for marketing and sales, including the establishment of appropriate distribution channels. AirGATE will receive a royalty on every seat sold. As part of its agreement with Deutsche Guaranty, AirGATE will provide...

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