SAN JOSE, California, May 7, 2001 – Semotus Solutions, (Amex:DLK, formerly Datalink.net), a market leading wireless application service provider and infrastructure architect, today announced that it’s wholly owned subsidiary, WizShop, Inc., has entered into an agreement with Homestore.com, Inc. to provide receipt capture technology for its family of Web sites, including Homestore.com™, the leading site in both the home and real estate and lifestyle and hobbies categories.
WizShops dynamic receipt capture technology will enable Homestore.com’s registered users to track their online orders with any Web merchant and keep them in one convenient online file -similar to but more convenient than what they might do at home with printed receipts. Through a single, consolidated interface, users can shop anywhere on the Internet and manage a complete online transaction list privately on their own computers as well as port data easily into popular personal finance software programs such as Quicken® and Microsoft® Money.
According to Steve McAllister, chief executive officer of WizShop, the agreement will develop WizShops e-commerce relationship with Homestore.com, Inc. and help WizShop reach a new set of online shoppers. "We are excited about our alliance with Homestore.com and by providing a useful online tool to their registered users we look forward to growing the relationship."
The receipt capture technology will enable Homestore.com to better assist visitors on its Web sites with their online shopping needs. Features include:
· Automatic receipt capture at hundreds of Web sites;
· Automatic order tracking;
· Automatic location of customer service at retailers;
· A complete register of past purchases with receipts;
· Export of receipts to Quicken® and Microsoft® Money.
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, California, with research facilities located in Vancouver, British Columbia and offices in Illinois, Pennsylvania, 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.