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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: ciVic who wrote (7940)	6/10/1999 2:55:00 PM
From: Tom Allinder	Respond to of 108040

KNIC 13/32... I'm in... monster news on a cheap stock. Can't beat that! TA

To: ciVic who wrote (7940)	6/10/1999 3:02:00 PM
From: Kimberly Lee	Read Replies (2) \| Respond to of 108040

bought HSNS, 1 7/8, 15/16, reversal imminent on good news: High Speed Net Solutions Begins Sales of Superior Video Electronic Mail And Stre /FROM PR NEWSWIRE MIAMI 305-461-8666/ TO BUSINESS EDITOR: High Speed Net Solutions Begins Sales of Superior Video Electronic Mail And Streaming Video Products PACIFIC PALISADES, N.J., June 10 /PRNewswire/ -- High Speed Net Solutions (OTC Bulletin Board: HSNS) has begun commercial sales presentations of the video electronic mail product and streaming video products, both of which it markets under a license from Summus, LTD. The wavelet-based products provide unparalleled performance in their categories. The video electronic mail product, originally scheduled for a March 15, 1999, release date, was delayed in order to supply a vastly superior product than originally conceived. The product is the only full audio/video synchronized product in the world offering unrivaled performance for machines 266 MHz or faster, using a 28.8 bps connection. The product also offers the smallest file sizes, allowing faster downloads for users, along with a unique reprocessing feature for computers as slow as 166 MHz, to experience full synchronization of audio/video. You do not need to own the software to receive a message from the sender. Management will immediately release the product for sale to consumers over the Internet, once merchant banking, customer service, and product authorization protocols are tested and working properly. A variety of sample applications of the product can be downloaded at the HSNS site, proving the technology's superiority versus the marketplace. High Speed Net Solutions has also increased its alliance with its service provider, 186K, based in Boca Raton, Florida, and engaged the firm to supply systems integration for the delivery of the streaming video product line. Management has chosen to deliver and price the product similar to Real Networks (RNWK) pricing model. However, management also intends on marketing directly to companies and organizations that produce content. "Potential customers such as local television stations, that are often unaware how to encode and deliver their programming over their Internet, are excellent prospects. Unlike a retail approach, hoping prospects will come to us, we plan on going to them. We will also seek those currently using streaming applications and demonstrate the technical advantages we can offer versus MPEG-based products, providing incentives to customers to switch to our product. The most exciting thing about this stage of development is that we believe the entire market for buying streaming technology is growing as quickly as analysts once predicted, and in our opinion wider bandwidth will only increase the desire to stream more content," said Ron DeJong, a spokesperson for High Speed Net Solutions. To preview samples of the wavelet-based technology go to www.hsns.com and select which application you are interested in previewing. For more information contact, InvestorRelations@hsns.com , or call Mr. Ron DeJong toll free at 1-877-943-9065. For sales information contact Sales@hsns.com . The statements contained in this release may contain forward-looking statements relating to such matters as anticipated financial and business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Reform Act of 1955 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 company's actual results to differ materially from the anticipated results of other expenditures expressed in the company's forward-looking statements. SOURCE High Speed Net Solutions, Inc. /CONTACT: InvestorRelations@hsns.com , or deJong & Associates,877-943-9065, both for High Speed Net Solutions, Inc./ /Web site: hsns.com / Jun-10-1999 11:52 GMT Symbols: US;HSNS Source PRN PR NewsWire Categories: NWR/FL NWI/CPR NWI/MLM