CALGARY, Alberta-Zi Corp.’s shares jumped more than 20 percent to around $6.40 per share-the stock’s highest level in more than two years-on news of the company’s deal with the world’s No. 1 mobile-phone manufacturer Nokia Corp. Zi said Nokia licensed the company’s eZiText predictive text input software for use in mobile phones.
Zi did not immediately answer questions on how the deal would affect its revenues.
The company’s software can interpret what words users want to spell with their 10-key mobile-phone keypads. In most cases users need only tap each key once-rather than several times-to spell words.
Many of the world’s largest mobile-phone makers, including Sony Ericsson Mobile Communications LP, LG Electronics Co. Ltd. and Samsung Electronics Co. Ltd., already use the company’s software.
