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Semotus Solutions Introduces Connections: Next Generation Solution Combines The Power of HipLink And Semotus ASP Services
SAN JOSE, Calif. March 7, 2001 Semotus Solutions (AMEX: DLK, formerly Datalink.net) a market leading wireless application service provider (w-ASP) and infrastructure architect, today announced the launching of Connections: a next generation messaging solution designed for enterprise businesses.
Connections is the first wireless data communications solution to integrate the proven HipLink premise software with the best of Semotus Solutions w-ASP services. HipLink, a product of Cross Communications, a wholly owned subsidiary of Semotus Solutions, already possesses an impressive Fortune 1000 customer base.
"By combining HipLink with the abilities of the Semotus Solutions w-ASP model, the customer receives a messaging solution with seemingly unlimited capabilities," said Kim Wold, President of Cross Communications. "The pooling of our organization's technological resources is a prospect that will lead to future offerings that are truly industry-leading. Connections is only the beginning for Cross Communications."
"Our recent acquisitions were made with a vision of combining resources across the entire Semotus Solutions family, in creating tremendous revenue potential for our company and its shareholders," said Anthony N. LaPine, Chairman and CEO of Semotus Solutions. "A product such as Connections is a good indicator of the next phase of our business and the truly innovative solutions we have planned by combining all of our resources and expertise."
Connections expands the pricing model for the Hiplink solution, offering three different licensing solutions for enterprise customers: a one-time license fee, or monthly fees based on a message or per recipient basis.
About Semotus Solutions - The Wireless ArchitectsSM
Semotus Solutions, formerly Datalink.net, is a market-leading wireless infrastructure provider delivering end-to-end wireless solutions to its enterprise customers. Semotus Solutions' patented technology and real-time delivery systems enable enterprise customers and employees to utilize any wireless device to receive and respond to critical data 24x7x365.
Semotus Solutions is leveraging its core XpressLink technology across high demand, vertical markets, including finance, medical and the mobile workforce, to allow for the use of any wireless device and any digital communication language to push and pull data on demand. This technology produced the wireless market's first truly integrated enterprise product, Global Market ProSM, which is Semotus Solutions' advanced, fully customizable wireless application for the financial professional. Global Market Pro was co-developed with JPMorganChase and is employed by individuals and institutions throughout the financial community.
The Company serves a portfolio of marquee customers, including AOL, AT&T, Bank of America, Citibank, eBay, EDS, Lucent Technologies, Motorola and Qualcomm.
Semotus Solutions is headquartered in San Jose, Calif., with research facilities located in Vancouver, British Columbia and offices in Chicago, Philadelphia, New Jersey and Florida. For more information: http://www.semotus.com.
This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "intends," "believes" and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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