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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Cheesehead who wrote (14429)	6/15/1999 3:15:00 PM
From: DanielleC	Read Replies (2) \| Respond to of 15987

One to watch: PALISADES PARK, N.J., June 15 /PRNewswire/ -- High Speed Net Solutions, Inc. (OTC Bulletin Board: HSNS) announced today that it will begin a sales alliance with its systems integrator, 186K.Net, a Boca Raton, Florida-based firm. 186K.Net has a strategic alliance with Microsoft (Nasdaq: MSFT) and is a fully integrated hosting facility. "Our alliance with Microsoft to use MCIS enables us to reach re-sellers who will bring this technology into homes and businesses worldwide," said Don Koury, president of 186K.NET. MCIS (Microsoft's Commercial Internet System) is Microsoft's product suite of commercial-grade server components designed specifically for ISPs and commercial web sites. High Speed Net Solutions, through 186K. Net, will be initially debuting the superior performance of the dynamic wavelet-based products which are licensed from Summus, Ltd. at various Microsoft shows to be held on dates to be announced. A schedule will be posted and updated on the HSNS web site. Live product demonstrations will allow attendees to preview three software applications. Attendees may choose to preview the still-image compression technology (product name 4U2C)(TM), a product that can reduce bandwidth required by 70% and triple the speed of the Internet; MaxxNotes(TM), the only full audio/video synchronized video electronic mail in the world (266 MHz machines or faster) and streaming video that offers dramatically smoother transmissions and improved performance versus MPEG based technologies. "Wavelet technology is far superior to the MPEG-based products which are on the market now. The products licensed from Summus will dramatically change the way we view movies, the news and communicate over the Internet. Because we have the infrastructure and system integration expertise that is necessary to offer wavelet products commercially, we believe we will help open up new avenues and new markets for e-commerce," said T. Aloisio, CEO of 186K.NET. 186K.Net will host the live demonstrations and will offer qualified conference attendees the opportunity to represent the technologies to their appropriate customers. They will continue the recruitment of independent re- sellers while traveling and appearing exclusively throughout the United States at Microsoft's designated events. For these demos 186K.Net has prepared the wavelet-based streaming solution for delivery on the MCIS platform and will utilize the Microsoft streaming video viewer that is installed in Windows 98 (available for free download for all non Windows 98 users at the company's web site). 186K.Net has agreed to exclusively offer High Speed Net Solution's licensed streaming video product to its client base and has begun making sales presentations this past week. "We anticipate a great deal of positive press from these live demonstrations. The products that HSNS has licensed and we're offering in conjunction with them at Microsoft's events are dramatically better than anything on the market. I think, when people see the demos, they will be extremely impressed with the performance. We're extremely optimistic about the potential that we have and what we can accomplish in the next coming weeks," commented Ron deJong, a spokesman for HSNS. High Speed Net Solutions, Inc., is a holding company which acquires and cultivates technology businesses by providing entrepreneurial management experience, marketing resources, capital and leadership to these companies. HSNS has secured marketing rights to products and services utilizing a proprietary wavelet-based compression technology, from its developer, Summus Ltd., a company with significant success in delivering this technology to the Defense industry. The products licensed to HSNS by Summus, Ltd. will allow HSNS to continue to offer cutting-edge image and video solutions, to high- demand, existing markets. 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 performance, 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. -0- 06/15/99 /CONTACT: InvestorRelations@hsns.com , or deJong & Associates, 877-943-9065, both for High Speed Net Solutions, Inc./ /Web site: hsns.com / (HSNS) CO: High Speed Net Solutions, Inc.; Microsoft; 186K.Net; Summus, Ltd. ST: Florida, New Jersey IN: CPR MLM SU: LIC CON -0- Jun/15/1999 8:35 EOS (PRN) Jun/15/99 08:35 ** -0- (PRN) Jun/15/1999 8:50