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To: dbmedia who wrote (392)	8/22/2001 10:32:55 AM
From: dbmedia	Read Replies (1) \| Respond to of 526

High Speed Net Solutions Names John Maxwell Vice President of Marketing RALEIGH, N.C., Aug 20, 2001 /PRNewswire via COMTEX/ -- High Speed Net Solutions, Inc d/b/a Summus (OTC: HSNS), a leader in the development of wireless and mobile multimedia technologies, today announced that it has named John Maxwell as vice president of marketing. Maxwell's primary responsibilities will be to establish customer-focused product definition, product positioning and partnering strategies, and develop the "selling story" for the Summus products. "John comes to us with a strong record of leadership and skills in product marketing, finance and product management for major players in the wireless industry," said Dr. Bjorn Jawerth, Summus co-CEO. "Because John is already familiar with our target markets, the industry and our technology, John is a natural fit for this position." Maxwell recently served as the director of business management of Motorola's personal communications sector. He led the business management team for some of Motorola's most successful products including the StarTac(TM) and V-Series(TM) phones. He was also involved in the development of marketing plans for a range of technology products that contributed to Motorola's increase in market share within the U.S. Before joining Motorola, Maxwell held senior marketing positions at Zenith Data Systems and AT&T. While at Zenith Data Systems, he was responsible for defining products and programs that generated $100 million in notebook revenue. Maxwell holds a bachelor's degree in psychology from the University of Michigan and an M.B.A. in marketing from Michigan State University. About Summus High Speed Net Solutions, Inc. d/b/a Summus, based in Raleigh, N.C., has developed a series of solutions to change the way information is communicated. Summus' proprietary solutions can be used to enable faster and more efficient delivery of rich media and more efficient access to information using wireless devices such as cell phones and personal digital assistant devices (PDAs). Summus technology is currently being used for such diverse purposes as scanning underwater mines for the U.S. Navy and capturing license plate images for EZPass. Trademarked products include the multi award-winning video email application, MaxxNote(TM), a ZDNet Editor's pick. This press release contains statements that are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements, including but not limited to, the Company's plans with respect to developing a customer focused product definition and pursue partnering strategies, are not based on historical fact, but rather reflect the Company's current expectations concerning future events. By their nature, these forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be different from those projected in any forward-looking statements. The following important factors, among others, may cause actual results or developments to differ materially from those expressed or implied by the forward-looking statements: (1) a lack of sufficient financial resources to implement the Company's business plan, which has resulted in the Company's receiving a "going concern" opinion from its independent accountant with respect to its audited financial statements as of and for the period ended December 31, 2000; (2) the Company's dependence on the continued growth in demand for wireless Internet usage; (3) the rapid pace of technological developments in the wireless communications industry, particularly with respect to the availability of greater capacity or faster transmission speeds (also known as "broadband" transmission); (4) the degree of market acceptance of the Company as a viable wireless technology provider and of its wireless data services, including wireless e-mail; (5) technological competition, which creates the risk of the Company's technology being rendered obsolete or noncompetitive; (6) the lack of patent protection with respect to the Company's technology; (7) potential infringement of the patent claims of third parties; and (8) the Company's dependence on its key personnel and the risk of the loss of their services. The Company hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances. BlueFuel and MaxxNote are trademarks of High Speed Net Solutions. All other company or product names are trademarks and/or registered trademarks of their respective owners.