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Market Commentary on ZI Corp.

Publication: M2 Presswire
Publication Date: 29-DEC-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 December 2006-Small Cap News: Market Commentary on ZI Corp(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:29122006

Market Commentary on ZI Corp (NASDAQ:ZICA)

Good communication has never been so eZi. Zi sells embedded predictive text input software to wireless handset providers, operating system developers, and set-top box makers. Its eZiText software enables e-mail, messaging, and Web browsing using shorthand in almost any language over cellular phones, PDAs, and other limited keyboard devices. A receiver for four Lancer Group companies holds about 49% of Zi's shares. Chairman and interim CEO Michael Lobsinger owns 12% of the company. Zi acquired Sweden-based Decuma in 2005.

Shares were up 7% after announcing the names of the members the board of directors now consists of.

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