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Technology Stocks : C-Cube
CUBE 37.72+0.9%3:59 PM EST

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To: BillyG who wrote (50535)4/5/2001 12:19:36 PM
From: Corey Green   of 50808
 
High Speed Net Solutions Becomes a Core Developer For
QUALCOMM's BrewPlatform

RALEIGH, N.C., Mar 28, 2001 /PRNewswire via COMTEX/ -- High Speed Net
Solutions (OTC PinkSheets: HSNS) announced today that it has become a core
developer for QUALCOMM's (Nasdaq: QCOM) Binary Runtime Environment for
Wireless(TM) (BREW(TM)) platform. BREW is an applications platform for wireless
devices using a variety of air interfaces including, among others, Code Division
Multiple Access (CDMA), the leading standard for third generation, high speed
wireless voice and data communications.

High Speed's Summus Technology Group, a pioneer in media solutions for
encoding, managing and distributing digital content, will develop multimedia
applications for QUALCOMM's BREW platform. The BREW platform provides a
standard programming environment that gives software developers the tools to
create compelling wireless Internet applications and services that can be utilized by
carriers to offer to their customers.

The multimedia quality that High Speed's technology will allow carriers to provide
their customers with, will fundamentally change the way consumers communicate
and use mobile products.

Currently, wireless handset applications development is virtually closed to
third-party developers. QUALCOMM chose to work with High Speed's Summus
Technology development group because of its unique compression technology.
Summus will work with QUALCOMM to BREW-enable a multimedia platform for
applications such as video and image delivery and playback as well as 3-D graphics
delivery and rendering. As such, Summus intends to add key functionality to
QUALCOMM's BREW platform.

Peggy Johnson, Senior Vice President of QUALCOMM and General Manager of
QUALCOMM Internet Services said, "We are excited about this association and the
potential to make it easier for carriers to deliver rich media content over their CDMA
networks." She added, "Summus' leadership in developing multimedia applications
for the mobile and wireless marketplace will provide a powerful suite of multimedia
tools for the growing community of developers, manufacturers and carriers who are
interested in initiating BREW-enabled services."

Dr. Bjorn Jawerth, co-CEO & Chief Scientist, High Speed Net Solutions said, "By
incorporating our multimedia platform into QUALCOMM's BREW platform, we can
open up a new channel for rich media content distribution over wireless networks to
mobile devices. We are targeting an incredibly efficient solution and we very much
look forward to coordinating our efforts with QUALCOMM and adding to the
expertise they provide."

About High Speed Net Solutions

High Speed Net Solutions, based in Raleigh, N.C., has developed a series of
technologies to change the way information is communicated. High Speed Net
Solutions' proprietary technologies can be used to enable faster and more efficient
delivery of rich media and more efficient access to information using wireless
devices such as cell phones and personal digital assistant devices (PDAs). The
company's marketing expertise brings these solutions to both individuals and
companies worldwide to help them optimize their Internet communications. High
Speed's technology is currently being used for such diverse purposes as scanning
underwater mines for the U.S. Navy and capturing license plate images for EZPass.
Trademarked products include the multi award-winning video email application,
MaxxNote(TM), a ZDNet Editor's pick. For more information about High Speed Net
Solutions, please contact Laurel Moody at Vision Corporate Consulting,
212-509-4565, laurel@visioncc.net

The information contained in this release includes forward-looking statements
relating to Summus technologies, High Speed Net Solutions and similar matters.
The Private Securities Litigation 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 actual results to differ
materially from the anticipated results expressed in the Company's forward-looking
statements. Some of these factors include that the parties may not reach
agreement on final terms. Other factors are described in the Company's documents
on file with the Securities and Exchange Commission. The Company hereby
disclaims any obligation to update the information provided above, including
forward-looking statements.

About QUALCOMM

QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and
delivering innovative digital wireless communications products and services based
on the Company's CDMA digital technology. The Company's business areas include
CDMA integrated circuits and system software; technology licensing; the Binary
Runtime Environment for Wireless (BREW) applications development platform;
Eudora(R) e-mail software; digital cinema systems; and satellite-based systems
including portions of the Globalstar(TM) system and wireless fleet management
systems, OmniTRACS(R) and OmniExpress(TM). QUALCOMM owns patents that
are essential to all of the CDMA wireless telecommunications standards that have
been adopted or proposed for adoption by standards-setting bodies worldwide.
QUALCOMM has licensed its essential CDMA patent portfolio to more than 100
telecommunications equipment manufacturers worldwide. Headquartered in San
Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2000
FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker
symbol QCOM

host.wallstreetcity.com

just following up on the samsung post. I hear the Summus wavelet codec is special , must be for qcom and samsung to be interested. hmmm
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