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Technology Stocks : DLK - Where the web meets wireless

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To: Libbyt who wrote (135)9/2/2000 11:37:30 PM
From: Libbyt  Read Replies (1) of 163
 
Datalink.net to Market Applications and Services Internationally

Thursday August 10, 7:22 am Eastern Time

Press Release

Proxima, Subsidiary of IBM Global Services, Signs Memorandum of Understanding With
Datalink.net

SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 10, 2000--Datalink.net (AMEX:DLK - news) a leading Wireless Application
Service Provider (w-ASP) with patented technology, today announced the signing of a Memorandum of Understanding agreement
with Proxima, a fully owned subsidiary of IBM Global Services.

Proxima provides business and technology solutions and consulting services to mid-sized and large clients in Southern Europe and the Middle East. Areas of
particular expertise include Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Supply Chain Optimization, Business Intelligence, and
Electronic Marketplaces.

``While the European wireless industry is well developed in terms of number of subscribers, the development of wireless solutions and applications is not advancing
as quickly as in the United States,'' said Mark Rutherford, Proxima general manager for e-business. ``It is for that reason, that, after evaluating a number of other
solution providers, we looked to Datalink.net to provide us with the most advanced and sophisticated wireless technology available today.''

``Our partnership with Proxima will provide Datalink.net with an opportunity to penetrate the European market very quickly,'' said Anthony N. LaPine, chairman and
CEO for Datalink.net. ``European expansion of our products is a major component of our core business strategy in the future, and identifying strong partners abroad
will make the transition to overseas markets seamless.''


Datalink.net -- Where the Web Meets Wireless(TM)

Datalink.net is a leading wireless application service provider (w-ASP) that delivers end-to-end wireless data solutions to enterprises and custom data applications to
their customers. As today's premier provider of consumer wireless data, and the first to deliver real-time wireless financial information, Datalink.net pioneered the
development of wireless information technology. Today, Datalink.net enables a new generation of wireless devices that allow enterprises and consumers to
customize, respond, and interact with critical data. Its XpressLink technology processes high-speed data content feeds or corporate databases for wireless
applications that are compatible with the entire range of wireless devices, networks and protocols.

Founded in 1993, Datalink.net is based in San Jose, Calif. with research facilities in Vancouver, British Columbia. For more information: datalink.net.

About Proxima

Proxima is a leader in Southern Europe and the Middle East in collaborative commerce solutions. Proxima provides innovative business solutions by combining
expert business consultancy with the most advanced technological and software products available. Integrated solutions implemented by Proxima give their clients
control over their internal and external business processes and allow them to participate fully in the internet economy.

Founded in 1989, Proxima is a fully owned subsidiary of IBM Global Services and is part of the Systems Integration division, SEMEA (Southern Europe, Middle
East and Africa). Proxima's Head Office is located in Ravenna, Italy.

This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Although the company
believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can
give no assurance that such expectations and assumptions will prove to have been correct.

Contact:

Datalink.net
Jesmine Peirce, 408/367-1724 (work)
or 408/314-3805 (mobile)
or
Shandwick International
Greg Cross, 650/532-4078 (direct)
or 650/532-4000 (main)

biz.yahoo.com
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