LOS GATOS, Calif., May 31, 2005 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK), an innovative provider of real-time professional market data and intelligent wireless communications software, announced today that Mr. LaPine, Semotus CEO, was recently interviewed on Streetcast.tv's Bullseye program. Additionally, Semotus was also featured in the May 2005 edition of the EdgeWater MicroMonthly Report as a "First Look" company.
Streetcast.tv invited Mr. LaPine to discuss the history and highlight the progress the Company has made over the past few years. Mr. LaPine also offered further insights into his confidence in the future of the Company and the wireless industry. In addition, Mr. LaPine was a guest speaker on Streetcast.tv's Boardroom where he shared his views on recent economic developments, including the trade problems with China and the downgrading of GM's bond rating to junk status.
To hear the entire Bullseye interview, please visit http://www.streetcast.tv/.
Additionally, Semotus was a "First-Look" featured company in The EdgeWater MicroMonthly Report for May 2005, a monthly publication from EdgeWater Research Partners. David L. Lavigne, Edgewater's analyst, stated in his report on Semotus "The Company is lean and is run by a technology industry veteran, CEO Anthony LaPine, and I think they could transition to profitability soon in part because they have established themselves as a viable niche technology player amongst large customers and partners that I think they can build on." Mr. Lavigne continued "The balance sheet is in good shape and should provide the support necessary to carry the business plan through profitability. With the market cap under $10 million, this is one to keep close tabs on, especially at current levels."
For more information on EdgeWater Research LLC, please visit their site at: http://www.edgewaterresearch.com/
About Semotus Solutions
Founded in 1993, Semotus Solutions (AMEX:DLK) is the premier provider of software for the mobile enterprise, connecting employees to critical business systems, information and processes. Semotus has a Fortune 1000 installed customer base and more than 600 corporate clients 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. www.semotus.com; www.hiplinkwireless.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.