SAN JOSE, Calif., Oct. 3, 2003 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK), a leading provider of software for mobile enterprise applications, today announced the launch of new versions of its Global Market Pro product line that include streaming wireless data. Semotus has also signed an agreement with Reuters for wireless distribution of the Reuters News wires. Semotus is launching enhanced features, including Reuter's News in all its wireless financial products on October 5th. The latest versions of Semotus' products also all include enhanced charting capabilities, new portfolio templates, and improved user interfaces.
The Reuters News component of Semotus' wireless financial products allows for push alerts, customized pre-set queries and quick searches on codes, symbols or keywords. Semotus' real-time wireless products are designed for the financial professional and are fully customizable, allowing users to create portfolios for their own financial instruments, get quick quotes, pull charts, track Indices and get market alerts. Users can get news and data on treasuries, currencies, bonds, futures, equities and any other instrument in the Reuters Markets 3000 data set.
With three major news sources, Reuters, Dow Jones and Market News International, Semotus offers the most comprehensive content available for wireless financial data to the professional user. Users have around the clock access using wireless devices as the market changes.
"Semotus is excited to offer our users advanced streaming technology and instant access to Reuters' latest global headlines," stated Pamela LaPine, Semotus Executive Vice President and President of Financial Services. "Additionally, our co-selling partnership with Reuters creates significant marketing synergy. Semotus' wireless services are a natural complement to the Reuters desktop products. Our two sales forces offer combined expertise that gives the customer a complete solution."
About Semotus Solutions
Founded in 1993, Semotus Solutions (AMEX:DLK) is a premier provider of software for the mobile enterprise connecting employees to critical business systems, information and processes. With a Fortune 1000 installed base and more than 600 corporate customers including Lockheed Martin, Blue Cross Blue Shield, Coca-Cola, Hewlett Packard, Nextel Communications, JP Morgan-Chase, and The United Nations, Semotus Solutions' software provides mobility, convenience, efficiency and profitability in the areas of workforce automation, finance, healthcare, and m-commerce. Semotus Solutions is proud to be included in the Deloitte & Touche 2002 "Technology Fast 500" list of companies. 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, 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.