2.62/2.81: Datalink.net Awarded Patent For Real-time Transaction Alert System
Unique Technology Turns Data into Information
SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 24, 1999--Datalink.net (OTC-BB: NETD - news), a Silicon Valley based Internet company, announced it has been issued a patent for its Real-time Transaction Alert System, the technology powering its popular suite of financial wireless information services.
The newly patented technology uses state-of-the-art Intelligent Agents to provide real-time information to wireless devices such as pagers, PCS phones and wireless-enabled personal data assistants. The technology is the result of three years of research and development that established Datalink.net as the leader in Web-to-Wireless(TM) personal information services.
''Datalink.net is pleased that the U.S. Patent & Trademark Office recognizes the strength and importance of our intellectual property claim,'' said Anthony LaPine, Datalink.net CEO. ''The Real-time Transaction Alert technology is at the heart of our most popular, award-winning QuoteXpress® service.'' This service tracks the latest changes in the performance of stocks, as designated by the subscriber. ''We expect to apply the technology to other services to provide customers with up-to-the-minute, critical information when they're mobile, such as traffic and travel information,'' LaPine added.
The proprietary technology is already revolutionizing the way people receive information. ''Instead of sorting through large amounts of information from newspapers, broadcasts and the Internet themselves, our customers use Datalink.net's Intelligent Agent services and have all that raw data instantly converted into useful information,'' LaPine said.
Datalink.net - Where the Web Meets Wireless(TM)
Datalink.net is the first Internet-based company to deliver premium, personalized financial and lifestyle information to wireless devices. Its Web-to-Wireless(TM) platform combines real-time data feeds, the World Wide Web and wireless communications. These services deliver individually tailored information customers want, when they want it. Datalink.net is rated the number one choice for wireless financial information by SmartMoney Magazine. Company services are marketed through Datalink.net's e-commerce Web site at datalink.net.
Statements in this release that are not strictly historical are ''forward-looking statements'' and subject to risk and uncertainty. Factors that affect actual events or results materially include, but are not limited to: (i) the Company's ability to obtain adequate financing to further its current and future business strategies; (ii) the Company's ability to attract and retain its employees; (iii) the Company's success against competitive products and services and (iv) the effects of business and economic conditions generally.
Contact:
Datalink.net Paul Roberts, 408/367-1724 p_roberts@datalink.net or Simon McGarry Public Relations Michael Adler, 650/596-5877 madler@shandwick.com
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