Semotus and Belzberg Team to Wirelessly Enable Trading Gateway with Direct Access to Stock Exchanges
From the DLK web site:
SAN JOSE, Calif., March 5, 2001-Semotus Solutions (AMEX: DLK,
formerly Datalink.net) and Belzberg Technologies Inc. (TSE: BLZ) will
jointly implement a customized wireless data enterprise solution
combining proprietary technology from both companies. Clients of
both Belzberg and Semotus will now be able to wirelessly interact
with their portfolios in real-time, including the ability to instantly send
requests to buy or sell equities via a wide range of wireless devices.
“Wireless integration with the Belzberg trading system is a natural
fit,” said Anthony N. LaPine, Chairman and CEO of Semotus
Solutions. “The instantaneous, split-second demand of the financial
markets is an identified area of tremendous revenue potential for our
organization.”
“Adding wireless capabilities to our existing trading system creates,
for the first time, a mobile trading platform that offers direct access to
equities and options trading floors, internationally,” said Sid Belzberg,
Chairman and CEO of Belzberg Technology. “
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, Motorola and
Qualcomm.
Semotus Solutions is headquartered in San Jose, Calif., with
research facilities located in Vancouver, British Columbia and offices
in Chicago, Philadelphia, New Jersey and Florida. For more
information: semotus.com.
About Belzberg Technologies
Belzberg Technologies Inc., whose common shares began trading on
the Toronto Stock Exchange on November 17th, 2000 under the
symbol BLZ, is a Business Solutions Provider whose state-of-the art,
electronic trading system is used by major brokerage houses in the
US, Canada and Europe.
While focused on remaining pre-eminent in the high-speed trade
execution business, Belzberg Technologies Inc. has expanded its
business to include order match technology capable of operating an
ECN, ATS or stock exchange. The Company has also extended the
use of its technology to include an Internet-based, reverse-auction
procurement service (http://www.econtracts.belzberg.com).
Belzberg’s core technology has become one of the building blocks of
global e-commerce, based on software than can turn a PC and the
Internet into a seamless, secure on-line marketplace for high-speed,
high-volume transactions.
To find out more about Belzberg Technologies and its products, call
1-800-823-8631 or visit belzberg.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..
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