Fuza...affirmitive. There are so few public search engine plays out there that you need to look for sideways entries into the field. Here is the release that explains this one:
Mantra Technologies, Inc. Licenses Advanced
Directory Search Technology To LookSmart
SAN RAMON, Calif., Dec. 24 /PRNewswire/ -- U.S. Wireless Corporation's (Nasdaq: USWC - news) subsidiary, Mantra
Technologies, Inc. has licensed to LookSmart(SM) an enhanced directory search application, based on its proprietary Context
Synthesis™ technology. LookSmart, a leading Web directory and search tool, has deployed this application to further enhance
the quality of searches in LookSmart's editorially selected Web directory.
Mantra Technologies' next-generation navigation technology extracts and identifies the relevant part of Web content to enable
better, more targeted Web navigation. By integrating the technology into LookSmart's directory, users' searches will return
even more relevant Web site matches than before.
''Cutting-edge technology plus the irreplaceable skills of human editors provide LookSmart users with the best navigation
service on the Web,'' said Mike Reaves, Vice President of Engineering for LookSmart. ''Mantra's technology will enable users
to find information in LookSmart's directory even easier than before.''
''Search is a natural application for our technology,'' said David Huffman, Vice President of Sales & Marketing for Mantra
Technologies. ''Our technology enables LookSmart to stake out a new area of Web navigation: focusing keyword searches on
high-relevance hits in high-quality Web sites. LookSmart's depth of content, combined with Mantra's technology, offers users a
compelling Web search solution.''
Mantra Technologies, Inc. (a subsidiary of U.S. Wireless Corporation) is a Web Applications Services Provider that delivers
next-generation navigation, profiling, personalization and ad targeting to major Web sites desiring differentiating and revenue
generating functionality. Mantra's advanced service capabilities are based upon its proprietary Context Synthesis technology, a
flexible new way to acquire and leverage content to enable innovative Web applications. Mantra Technologies is based in San
Ramon, Calif. and can be reached at 925-327-6207 or www.mantratech.com. Founded in 1996, U.S. Wireless Corporation
is a developer and provider of mobile location-based services.
LookSmart, a privately held Internet publishing company providing category-based navigation services on the World Wide
Web, hosts the world's largest editorially reviewed database of Web content with 800,000 site listings in 24,000 categories.
LookSmart's unique cascading menu interface provides users with fast, intuitive access to a wealth of highly relevant online
content, and provides advertisers with targeted media opportunities within a higher quality editorial environment. Current
LookSmart partners include AltaVista, @Home, Netscape, HotBot, Erols and more than 100 ISPs. LookSmart's ''syndicated
distribution'' strategy enables partners to co-brand with LookSmart's product or seamlessly blend its content into an existing
interface based on its flexible technology architecture.
Special Note Regarding Forward-Looking Statements: A number of statements contained in this press release are
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and
uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. A
description of these risks and uncertainties can be found in the U.S. Wireless Corporation filings with the Securities and
Exchange Commission.
SOURCE: U.S. Wireless Corporation
And here is another release that further explains some of USWC's technology. USWC closed at $1.06 this past Fri...13.6m shares outstanding, 52wh 4 5/8-52wl 7/8, trades Nasdaq:
U.S. Wireless Corporation and Anam Instruments,
Inc. Form Joint Venture To Manufacture and Distribute the
RadioCamera(TM) in Asia
'Wireless Technologies, Inc.,' a Korean Corporation, is Jointly Formed by U.S. Wireless and
Anam Instruments, Together With Funding for Operations
SAN RAMON, Calif., Nov. 6 /PRNewswire/ -- U.S. Wireless Corporation (Nasdaq: USWC - news) announces that it has
entered into a Joint Venture Agreement with Anam Instruments, Inc. (''ANAM'') and has consummated the formation of
Wireless Technology, Inc. (''WTI''), a Korean corporation, as a jointly owned company. The agreement provides USWC with
an Asian partner for the manufacture, marketing and distribution of the RadioCamera and location-based services in Asia.
The joint venture establishes a two phase initial funding for operations totaling $3,500,000, with the initial phase having been
completed to date and the balance of the project's funding scheduled for the fourth quarter of this year.
Since August 1998, U.S. Wireless has been developing a Code Division Multiple Access (CDMA) version of the Company's
RadioCamera wireless caller-location system. In addition to funding, ANAM provides WTI with technical, manufacturing and
marketing expertise. USWC and WTI plan to commence outdoor field trials of the CDMA RadioCamera during the first
quarter of calendar 1999.
''We intend to be the first company to offer wireless caller-location data for the AMPS, CDMA and TDMA standards in the
emerging marketplace for location data,'' said Dr. Oliver Hilsenrath, President and CEO of U.S. Wireless Corporation. ''We
believe that ANAM, with its aggressive business strategy and management team, will prove to be an excellent partner as we
pioneer through this emerging market for location technologies. Additionally, WTI will be our distribution arm for the
RadioCamera and location-based services in Asia, which is a major market for wireless technology and infrastructure.''
''The establishment of WTI is a major milestone for ANAM, in furtherance of its business strategy to continue the expansion of
its operations into the telecommunications industry,'' said Harry Kim, President of Anam Information and Communication
Company, Ltd. ''Together with U.S. Wireless, we are taking the lead in entering the emerging market for location technologies
in Asia. In forming WTI, we believe the RadioCamera and its Location Fingerprinting technology to be the strongest technology
available for location data, which will enable us to jointly offer competitive value-added services to the wireless industry.''
Founded in 1996, U.S. Wireless Corporation is a developer and manufacturer of products for the emerging market for
location-based technologies. The Company's premier product, the ''RadioCamera(TM),'' is a network-based system that
utilizes Location Fingerprinting technology, providing location data for all wireless standards. The RadioCamera operates in all
environments, without requiring modifications to existing wireless infrastructure. The RadioCamera system offers the wireless
industry a cost-effective and elegant solution for Enhanced 911 and other location-based value-added service and applications.
Anam Instruments, Inc. is a designer, manufacturer and marketer of various customized high tech electronic and telecom
products and technologies. Its annual revenue reached $104 million in 1997. It is an affiliated Korean company of the Anam
Group. Its parent company, Anam Semiconductor, Inc., is one of the world's largest semiconductor packaging companies, with
over $1.1 billion in revenue in 1997.
Special Note Regarding Forward-Looking Statements: A number of statements contained in this press release are
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and
uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. A
description of these risks and uncertainties can be found in the U.S. Wireless Corporation filings with the Securities and
Exchange Commission.
SOURCE: U.S. Wireless Corporation
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