**INVESTOR INFORMATION*** (Rev 11/26/99)
---------------------COMPANIES---------------------
High Speed Net Solutions
434 Fayetteville Street Mall
Suite 2120
Raleigh, NC 27601
919-807-0507
Summus Ltd.
434 Fayetteville Street Mall
Suite 600
Raleigh, NC 27601
919-807-0507
-----------------WEB SITES OF INTEREST------------
hsns.com (Corporate) summus.com. (Technology)
186k.net (Strategic Partner)
delfinproject.com (Project)
finance.yahoo.com (186K Partner)
microsoft.com
dejong.org (I.R.Website/Great Summary)
bullrunpick.listbot.com (Stock Recommendation)
my.treeway.com (Great Summary)
----------------INVESTOR RELATIONS---------------
DeJong&Associates (Ron DeJong) dejong@pacbell.net
TOLL FREE (877)943-9065
-----------------NEW INFORMATION------------------------
7/21/99 - Market Digest Online (Stock Whisper) Rumor is that HSNS
has a deal in the works with Microsoft. This is given believability by
the strong relationship that exists between HSNS and 186K.NET
which already has a strategic alliance with MSFT. (See Press
Releases (6/16/99) 186k.net, (7/16/99) ABTE for confirmations from
External sources)
8/3/99 - Privately held Summus.Ltd takes a 51% interest in HSNS in a
private transaction. HSNS holds a 20% interest plus Licensing/
Marketing Rights in Summus, Ltd.
8/25/99 - Andy Fox leaves rival Real Networks to become acting
President and CEO of HSNS. Andy was Senior Marketing Manager
at RealNetworks and was responsible for launching Real Network's
Enterprise Business. Current CEO Michael Kim will remain with
HSNS as Business Development Consultant for the Pacific Rim.
9/21/99 - Retain accounting firm of Ernst & Young
and the law firm of Kilpatrick Stockton to help
provide expertise in building a world-class company.
-------------SUMMARY DD TO GET YOU STARTED-------------
(1) MARKET CAP: 13.5 Million Fully Diluted Shares with 11 Million
Outstanding and just 3 Million in the Float.
(2) STOCK PRICE ACTION: Stock has peaked @ $8.00 (9/98),$6.00
(2/99), and $4.00 (4/99). Low $1.00 (2/99) Can be very volatile
because of Low Float. All-time High registered at $11 1/8 the day before Thanksgiving.
(3) PRINCIPLES OF WAVELET TECHNOLOGY: Offers high levels of
compression at LOW COST. It makes video streaming FASTER,
CLEARER, and IMPROVES QUALITY of both moving and still
images. Can provide a 2.5x times LARGER IMAGE SIZE in a 1.5x
SMALLER FILE SIZE. This technology cuts DOWNLOADING TIME
from :20 seconds to :07 seconds while using 70% LESS
BANDWIDTH.
Combining WAVELET + STREAMING VIDEO = Major Technology
Coup since band-width is where the cost savings can really be
enhanced.
HIGHER QUALITY + LOWER COST = HIGH DEMAND. Some
believe this technology is far superior to MPEG. Wavelet will impact
millions of Internet Users with a large number of applications.
Wavelet Technology will change the way we view movies and
communicate over the Internet.
(4) WAVELET TECHNOLOGY: Developed by Bjorn Jawerth
(PhD,LundInstitute of Technology,1977) Analysis/
Research interests include: Harmonic Analysis and
Computational Mathematics. bj@math.sc.edu Bjorn Jawerth
Department of Mathematics,University of South Carolina,
Columbia,SC 29208 USA (803) 777-6218 Jawerth is the
father of the algorithms that are the foundation of
Wavelet Technology. Jawerth's technology is owned by
his private corporation, Summus,Ltd.
(((CREDENTIALS: Brad Silvernails,CEO/Summus, Ltd
Ex-IBM, 20 yr. stint where he built IBM's Wireless
Division from scratch into a substantial player
which was then sold to Ericcsom of Sweden. 2+ yr.
at Asia Brown Boveri Built their Software Metering
Div. from scratch. Received a counter-offer from
ABB which he could not refuse BUT DID REFUSE. Has
extensive management capabilities and excellent
contacts in the software and technology industries.
Excellent management team and now building Sales/
Marketing.)))
(5) HSNS HIGH POTENTIAL GROWTH AREAS: There are very few
Computer Applications that wouldn't benefit from Wavelet Tech. Many
of these applications are huge; Internet Infrastructure, Digital
Cameras, Smart Cards, Telecom, Speed of Data Transfer/
Compression, ISP Broadband, Triples Internet Speed, Streaming
Video, Photo Compression, Video E-Mail, NetTelephony,
WorldTalkNetwork, Change way we view Movies, Download entire
movies, Corporate video presentations, Television Commercials,
Movie Trailers, and Music Video applications.
Truly UNLIMITED OPPORTUNITY for applying this technology.
These opportunities go into nearly every area. (i.e. Manufacturing,
Law Enforcement, ASP, Medicine/Healthcare through emerging Medical
Imaging Technology.
(6) SUMMUS TECHNOLOGY: Dr. Jawerth's Private firm. A company
with significant success in delivering this technology. Delivered
WAVELET Technology to the US GOVERNMENT DEFENSE
INDUSTRY. Used in Persian Gulf War. ***NOTE: HSNS owns a 20%
stake in Summus,Ltd.
(7) INTELLECTUAL PROPERTIES: The good doctor's algorithms are
his and can't be legally used without his permission. Also, it is highly
improbable with all of the lines of code involved that it would be
nearly impossible to duplicate even if it were legal.
(8) STREAMING MEDIA: Hottest Technology of 1999-2000. Started
with YHOO/BCST Partnership. STREAMING MEDIA MANIA.
RealNetworks (RNWK)considered the market leader but HSNS
technology is considered better by many. ASP's Application Service Providers) may provide significant opportunities for Dynamic Wavelet Technology.
(9) RNWK vs. HSNS: RNWK is a completely self-contained product.
HSNS is a major ingredient in the product that has many applications
that can be used in many different products. HSNS and RWNK are
not necessarily in direct competition. The companies that will be
utilizing HSNS's technology will probably be competing directly with
RNWK. The greatest asset HSNS offers is the ability to be utilized by
many of the giants in this field of technology. HSNS appears to have
state-of-the-art Streaming Technology with Wavelet. But with many
many different applications including streaming media, the investment
ramifications could eventually put this stock into the "LIFESTYLE
CHANGER" category for investors. RNWK's V-P Andrew Fox, the
architect of RNWK's Sales/ Sales Alliances has left RNWK and a truckload of stock options to assume a similar position with HSNS/Summus.
(10) 186K.NET STRATEGIC ALLIANCE: Key North American Sales
Alliance presently. Systems-integrator 186K.NET really gives HSNS
many prospects and potential for SIGNIFICANT SALES. They will
make Wavelet Products available at a number of MICROSOFT
Events. 186K.NET is a private Company from Boca Raton,FL. (They
have a Partnership with MICROSOFT that could open the door for
something bigger for us.) 186K.NET is the first and only Web-Hosting
facility to offer Wavelet Streaming Video capabilities, which will
revolutionize the Internet. They will exclusively offer our
Licensed Streaming Video product to its client base and will offer this
and other wavelet-based products nationwide, including video e-
mail.
(11) STRATEGIC PARTNERSHIP: NORTH AMERICA: 186K.NET
connections could lead to a number of alliances or a possible merger/
buyout. These announcements or others would likely launch
HSNS. Many believe that exposure and news could move HSNS into
the $20 range which will likely bring large investors and institutions into the mix en masse. At this point, the entire investment community will start evaluating HSNS vs. RNWK. Some will buy HSNS as a hedge vs. their positions in RNWK.
But $20/Share will be just the start. With this technology and
small capitolization, ultimately HSNS could sell at a price that will make current stock prices seem small.
(12) STRATEGIC PARTNERSHIPS: ASIA/KOREA: Strong rumors on
this board that CEO Kim has a deal near completion with Samsung and an announcement is expected by the end of the year.
(13) INTERNET INFRASTRUCTURE: There are many applications of
Dr.Jawerth's Technology but none bigger than the possibilities for
Wavelet Compression in terms of INCREASING SPEED and
BETTER DATA COMPRESSION on new Major Internet projects.
Study the DelFin Project, Internet2, and MSFT's Media Technology 4.
This technology could go beyond the Internet to incorporation into
PC Operating Systems like Linux.
(14) VIDEO E-MAIL: maxxNote(TM) $59.95/Unit HSNS WebSite.
eCommerce use. Has set a new standard of performance with full
audio and video synchronization. The wavelet-based product,
developed by Summus, Ltd., allows users to send personal
messages, business content, or convert existing AVI files, with a user
interface that is simple to use.
(15) SUMMUS BUSINESS: (HSNS benefits from the Business
through the 20% Ownership in Summus,Ltd.) Corel Corporation
(CorelDraw 6.0/7.0. CorelDraw 7.0 ships with 1000 photos
compressed in the WI format.), Symbol Technologies (2D Bar Code
Scanners/PhotoID; Distributor of Summus Tech),FujiFilm in France
Developing a host of tech for digital cameras around Summus'
Wavelet Image), InMedia Presentations (Multimedia slide shows over
the Internet with Wavelet), SEMS America (VideoConf Eye2Eye
powered by Summus), Carnegie Mellon U/NASA Ames Research
Center (Mission to demonstrate Robotic Tech for long-distance
planetary exploration.),Integrated Computing Engines,Inc. (Server
Applications using both Summus' still image and video compression.),
Harris Corp/Hughes Aircraft Company (Single Chip algorithm for the
USAF's Improved Data Link).
All of these companies in #14 are very significant to HSNS even
though they are outside our realm. First, the calibre of these
companies shows that this technology is viable and can be utilized in
many different applications. Second, HSNS benefits from these sales
because of our 20% ownership in Summus,Ltd.
----------------- DEMO OF TECHNOLOGY --------------------
New Investors....Try the wavelet technology at the
following Summus link. This is the streaming demo.
One needs to download both the Media player and the
Summus codec first.
summus.com
This is the maxxNote (video email) demo.
summus.com
This is the 4u2c (still image) demo. One needs
to download the Netscape Viewer Plug-in shown.
summus.com
May be add to your post the explanation that
certain downloads are necessary prior to seeing
the demo. The above links are to the download step.
summus.com
4u2c_sam.html
click on ex. #1 compressed from 40 mb to 369 kbytes.
----------------STOCK/MM/HISTORICAL DATA-------------
otcbb.com
tradeact_mv.asp?SearchBy=i&Issue=hsns&SortBy=v&month=7-1-
1999&x=25&y=15
-----------------------QUOTEBOOK----------------------
(em<"I was a mainframe programmer for 25 years, and since the univac 2
on which I began my carier, the crucial elements in processing have
always been and will always be: SPEED and SPACE. These are the 2
fundamental elements of processing that ALWAYS predominate
the success of the process. Wavelets represent another quantum
step toward who-knows-what as the endpoint in this progression, on
par in potential with the advent of the chips and various software
developments. And so I am a believer and an
investor in HSNS." -- HSNS Investor, learninfast
"Wavelet compression is developed by several companies. The
difference is we possess superior algorithms developed by Bjorn
Jawerth. These are the best in the world. Our technology is called
dynamic wavelets. It offers much greater flexibitly, and the
compression and speed are far superior. I believe the quality is equal,
or greater. However, without seeing the demos, no one can say for
sure. Again, the applications of our technology extends to hardware
devices. In addition, our technology will aid in bringing a 3D
website software to market which will change the landscape of the
internet." -- HSNS Investor, MTGdaddy
"Had a meeting with the management of another company today,
great company although HSNS is greater. At a given moment they
started talking about the tremendous need for more speed and better
data compression. I asked them what would happen if a company has
the technology to solve these two problems. Their response: that
will become an instant multi-billion dollar company. Thus I advised
them to call HSNS/Summus which they will do a.s.a.p." -- HSNS
Investor, Franke55
------------------LINKS TO THE PLAYERS--------------------
hsns.com
summus.com
summus.com
186k.net
delfinproject.com
---------------LINKS TO PRESS RELEASES--------------------
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
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