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Technology Stocks : SMSI- Undiscovered Internet Play

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To: stockvalinvestor who wrote ()12/3/1998 10:25:00 AM
From: stockvalinvestor   of 17
 
SMSI - DEAL WITH PANASONIC.

Thursday December 3, 9:01 am Eastern Time

Company Press Release

SOURCE: Smith Micro Software, Inc.

Smith Micro Announces Partnership with Panasonic in Germany

Panasonic to Bundle Smith Micro's VideoLink and VideoLink Mail With PC-Camera
Line for Pan-European Video Solution

ALISO VIEJO, Calif., Dec. 3 /PRNewswire/ -- Helping people throughout Europe to
communicate with video as well as voice, Smith Micro Software, Inc. (Nasdaq: SMSI -
news) announced today that Matsushita Communication Deutschland GmbH
(Panasonic) is now bundling Smith Micro's VideoLinkā„¢ and VideoLink Mail with its
new ''PC-Camera'' color video camera line.

With true multi-language support, which includes French, Italian, German, Spanish, and
English, VideoLink and VideoLink Mail help PC users around the world communicate
visually. The combination of Smith Micro's software and Panasonic's PC-Camera,
which provides high-resolution video images in brilliant 24-bit color, creates a fully
integrated cost-effective video e-mail and video conferencing solution that can be used
throughout Europe.

''Smith Micro has proven that it not only provides an extremely powerful software
product, but one which provides a true pan-European solution,'' stated Tsutomu Fujii,
General Manager of CCVE-Business Group of Matsushita Communication Deutschland
GmbH (Panasonic). ''The combination of our PC-Camera and VideoLink software will
provide an invaluable tool for anyone who wants to send audio and video information
over telephone lines and/or over the Internet.''

The bundled camera and software permits users to send audio/video messages to
anyone capable of receiving e-mail messages on Windows-based PCs, and to video
conference over (POTS) ordinary telephone lines, ISDN lines, and the Internet.

''We believe that this complete PC-Camera package is going to change the way people
throughout Europe communicate,'' commented William W. Smith Jr., President and
CEO of Smith Micro Software. ''I am delighted that a recognized worldwide leader like
Panasonic has selected Smith Micro as its partner for this exceptional product.''

Supporting both the H.323 and H.324 video conferencing standards, Smith Micro's
VideoLink is an affordable video conferencing software package that utilizes advanced
compression techniques to send video at a rate of up to 15+ frames per second over
ordinary phone lines. VideoLink Mail is an innovative software package that enables
Windows users to easily record a video and audio message, then attach it to their
everyday e-mail messages.

Designed to be used on top of a PC monitor on a tilt-and-swivel base, Panasonic's
PC-Camera desktop video camera produces high quality video images with 542 x 586
pixels, and an impressive 330 TV lines of horizontal resolution. The new PC-camera
simultaneously records audio and video through its omni-directional microphone and its
built-in adjustable-focus camera lens which can focus on objects as close as 100 mm. In
addition to providing a low-cost ''picture-phone'' solution for both home and business,
PC-Camera also captures high-resolution still color images and connects directly to a
television or VCR through a standard RCA-type connector.

For more information, contact Smith Micro at 949/362-5800 or visit
www.smithmicro.com.

Smith Micro is a leading developer and marketer of software products that make
person-to-person communications simple. With a focus on the Internet, broadband and
modem-based technologies, the company designs integrated, easy-to-use software that
enables fax, data, voice and video communication to personal computer users around
the world. Headquartered in Aliso Viejo, California, the company markets its products
worldwide through a network of OEMs and retail distributors. The company is publicly
traded on the Nasdaq National Market System under the symbol SMSI.

This release may contain forward-looking statements that involve risks and uncertainties.
Among the important factors which could cause actual results to differ materially from
those in the forward-looking statements are economic, competitive, governmental and
technological factors effecting the company's operations, markets, products, services
and prices, as well as, other factors detailed in the company's filings with the Securities
and Exchange Commission including its recent filings on Forms 10-K and 10-Q.

Smith Micro Software, VideoLink, VideoLink Mail, and the Smith Micro logo are
trademarks of Smith Micro Software, Inc. All other trademarks and product names are
the property of their respective companies.

SOURCE: Smith Micro Software, Inc.
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