**NEWS** LETS WAKE UP, If this is for real there is big money to be made here!!
Smoother Motion Than Real Network's and Microsoft's Products
ENGLEWOOD, N.J., April 28 /PRNewswire/ -- CEO and President, Michael Kim
of High Speed Net Solutions (OTC Bulletin Board: HSNS), announced today that
the company has released the demonstration of its wavelet-based product to the
general public.
"Our product, due to the superior nature of wavelet-oriented compression,
versus Real Network's (RNWK) and Microsoft's (MSFT) MPEG-based technologies,
is now available to the general public for preview. 186K based in Boca Raton,
Florida hosts our site, and those interested in previewing the streaming
technology can go to hsns.com, then click on the streaming demo
icon and register. You'll notice a smoother, more fluid motion versus the
competition. This is largely due to the superiority of wavelet technology
versus MPEG. We will be able to offer the product to those interested in
streaming video on the Internet once we install the necessary hardware. We
have customers ready for delivery of the product and others inquiring for
quotes."
Kim added, "In our opinion, when you consider Real Network's market
capitalization, our stock value is low compared to the superiority in
technology that we are offering. That being said, I realized the need for
access for those interested in seeing our technology in order to let the
public see how advanced the technology is versus the current standard. We are
also in the process of producing a CD that can be sent to the investment
community and reporters worldwide to demonstrate the superior nature of the
still image compression, video electronic mail and streaming video. With the
presentations we have made and the response we have received, it's hard to
imagine how we could become more excited than we are right now. We have a
starving audience that wants to view video over all bandwidths and we haven't
seen a solution that rivals what we offer. We plan to aggressively exploit
that specific market advantage in all that we do throughout the world." Kim
also added that Mr. Rogina is no longer with the company and that HSNS is
about to conclude negotiations with 186K, to provide outsourced IT services to
HSNS. The principal at 186K is a former employee of Summus, HSNS's technology
provider, and will also act as the main technical liaison between the two
companies.
For more information contact, InvestorRelations@hsns.com, or call Mr. Ron
DeJong toll free at 1-877-943-9065. For sales information contact
Sales@hsns.com.
The statements contained in this release may contain forward-looking
statements relating to such matters as, anticipated business prospects,
technological developments, new products, research and development activities
and similar matters. The Private Securities Reform Act of 1995 provides a safe
harbor for forward-looking statements. In order to comply with the terms of
the safe harbor, the company notes that a variety of factors could cause the
company's actual results to differ materially from the anticipated results of
other expenditures expressed in the Company's forward-looking statements.
SOURCE High Speed Net Solutions.
-0- 4/28/99
/CONTACT: Investor Relations@hsns.com, or Ron DeJong, 877-943-9065, for
High Speed Net Solutions/
/Web site: hsns.com
(HSNS)
CO: High Speed Net Solutions
ST: Florida, New Jersey
IN: CPR
SU: PDT
KW
-- FLW017 --
8171 04/28/99 13:45 EDT prnewswire.com |
