To: Kimberly Lee who wrote (5429 ) 5/19/1999 9:38:00 PM From: Mr. Rhino Respond to of 108040
Kimberly I don't know if you saw this today, but here is what I have been talikng about HSNS Software-Only Solution That Triples Internet Speed Now Available To Public, Says High Speed Net Solutions PR Newswire - May 19, 1999 15:20 PACIFIC PALISADES, N.J., May 19 /PRNewswire/ -- High Speed Net Solutions (OTC Bulletin Board: HSNS) has announced today that the public can now preview and download free browser plug-in for the latest version of the wavelet-based still-image software (4U2C), developed by Summus Limited on the company's web site, www.hsns.com. The software-only solution to the bandwidth problems that many companies are attempting to solve via hardware reconfigurations, can provide up to three hundred percent faster downloads for users on the Internet. It allows web designers the opportunity to dramatically improve the quality of their content and realize substantially faster download speeds. Usage of the product also reduces storage requirements and can significantly reduce monthly recurring costs for bandwidth. The 4U2C product also offers easy-to-use, product enhancements. These features now include (1) focus boxes where users can enhance clarity on specific areas; (2) the ability to compress numerous images in a batch process; and (3) the ability to magnify images without increasing the file size. Summus Limited Chief Technology Officer, Leonard Mygatt, in a February 23, 1999, PC World news article explained why this product has the inherent ability to offer these benefits, "Wavelet images support regional focusing, embedded image enhancements and progressive decompression. This is possible because of how wavelet-based compression works, breaking images into layers of resolutions. This allows you to be very specific about the part of the image to which you want to apply processing." This same technology can also be applied in hardware applications, including digital cameras, scanners, and storage devices. It can also provide significant operating cost reductions for storage and transmission in the medical-imaging industry while maintaining necessary quality and resolution of images. HSNS discussed installation of the technology with one of the largest ISPs in the United States in the first quarter, yet made a strategic decision, due to the reallocation of personnel necessary to accomplish the task, to remain committed to agreed upon delivery times for the video electronic mail and streaming video products. Due to the growing public demand for inexpensive, high-quality video transmission, broadcast and communication, the video electronic mail and video-streaming products have remained the top development and marketing priorities. HSNS has pursued offering the still-image product to improve storage solutions for hardware manufacturers. The strategy is to continue presenting the technology's advantages to hardware manufacturers while pursuing a global strategic licensing partner that can aggressively deliver the software to ISPs, and web designers. Management also intends to pursue distribution relationships for both hardware and software solutions in the medical-imaging industry. For information on High Speed Net Solution's products go to hsns.com or send e-mail to InvestorRelations@hsns.com. or call deJong & Associates toll free at 877-943-9065, for more information. The statements contained in this release may contain forward-looking statements relating to such matters as: anticipated 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