SmartServ Online Announces Alliance with Wireless Knowledge
Agreement to Integrate SmartServ's Transaction Back-End with Wireless Knowledge's Front-End for Mobile Internet Financial Services
STAMFORD, Conn., Feb. 23 /PRNewswire/ -- SmartServ Online (OTC Bulletin Board: SSOL - news), a leading Web and wireless application services provider, announced today it has entered into an alliance agreement with Wireless Knowledge, a Microsoft Corporation (Nasdaq: MSFT - news) and QUALCOMM Incorporated (Nasdaq: QCOM - news) joint venture, to develop a wireless application offering that integrates Wireless Knowledge's mobile application server platform with SmartServ's transaction platform. The joint solution will support multiple wireless device classes, airlinks and markup languages.
Under the terms of the agreement, Wireless Knowledge and SmartServ will commercialize and co-market the resulting solution to various target markets beginning with financial brokerages.
``This is the answer the wireless industry has been waiting for. Wireless Knowledge's mobile application platform combined with SmartServ's content and transaction engine equals a winning platform solution,' said Sam Cassetta, SmartServ's chairman and CEO. ``Enterprise clients seeking to take advantage of the emerging mobile Internet opportunity can now turn to one offering for information and transactions over virtually any device on any network.'
``We are pleased to join SmartServ to drive high value financial services for the wireless web,' said Eric Schultz, chairman and CEO of Wireless Knowledge. ``Our combined technologies enable Wireless Knowledge and SmartServ to build services that address large and rapidly growing markets.'
SmartServ Online and Wireless Knowledge are being showcased next week in the Microsoft booth number 7529 at the Cellular Telecommunications Industry Association (CTIA) Wireless 2000 show in New Orleans.
About Wireless Knowledge
Wireless Knowledge LLC, a joint venture between Microsoft and QUALCOMM, provides platforms and services to corporate customers and application providers to enable applications for the mobile Internet. The company's products deliver productivity and compelling mobile solutions to business users, providing personally relevant, business-critical information and applications using any device, over any network or airlink. For more information on Wireless Knowledge, please visit the company Web site at www.wirelessknowledge.com.
About SmartServ Online
SmartServ Online, Inc. offers a wide range of Web and wireless information and transactional-enabling applications, including Web-based and WAP-enabled stock trade order routing solutions. These applications are designed to deliver value-added services to strategic marketing partners, including online retailers, telecommunications carriers, device manufacturers and value-added service providers. Recognizing the growth of devices capable of accessing Internet-based information, SmartServ's world-class development team designs applications for HTML, WAP, MME, HDML, PALM and Windows CE devices.
In addition to its application development, SmartServ offers transaction processing and provides customizable categories of real-time information, including: personal watch lists, real-time tick-by-tick quotes, charting, company and financial news, filtered electronic mail, national and local news, sports scores and odds, weather reports, route-specific traffic reports, lottery results, horoscopes and local entertainment information such as movie listings.
The Company is a member of the Wireless Data Forum (WDF) and an associate member of the Wireless Application Protocol (WAP) Forum. Robert Pearl, SmartServ Online's director of business development, is a co-founder of the WAP Developers Expert Group. For more information about SmartServ Online's products and services visit the company Web site at www.smartserv.com.
This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, the volatility of international markets, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
All brand names and trademarks are properties of their respective holders.
SOURCE: SmartServ Online, Inc. |
