BEDMINSTER, NJ and RALEIGH, NC — Verizon Wireless, the nation's largest wireless carrier and Summus, Inc. (USA) (OTCBB: SUMU), a leader in the development of efficient information processing solutions for mobile and wireless devices, today announced that exego™, its recently introduced suite of multimedia applications for mobile and wireless devices, will be available to Verizon Wireless BREW users starting May 6, 2002. With exego, wireless users can do today what was once thought impossible - sending photos, and much more, through a wireless phone.
"exego represents a brand new class of applications that sets the stage for future wireless offerings," said Jim Straight, vice president of Wireless Data and Internet Services for Verizon Wireless. "The BREW launch in San Diego has been exceptionally successful and adding truly innovative applications such as exego makes BREW a compelling draw for our customers. We expect our customers to be as excited for the national rollout of BREW, which we expect to happen by the end of the month."
"The exego service exemplifies the type of applications that will allow end-users to be productive on the go," said Peggy Johnson, president of QUALCOMM's Internet Services. "We believe that the combination of the largest wireless carrier in the U.S., Verizon Wireless, and the power of Summus' exego is an unbeatable value for subscribers."
In San Diego, exego is available at the promotional subscription price of $5.95 per month. For a limited time, users will be able to subscribe to a 30 day free trial through Verizon Wireless.
About Verizon Wireless
Verizon Wireless is the nation's leading provider of wireless communications. The company has the largest nationwide wireless voice and data network and 30 million customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com.
QUALCOMM's BREW platform is a thin application execution environment that provides an open, standard platform for wireless devices. The BREW platform is part of a complete, end-to-end solution for wireless applications development, device configuration, application distribution, and billing and payment. The complete BREW solution includes the BREW SDK™ (software development kit) for developers, the BREW applications platform and porting tools for device manufacturers, and the BREW Distribution System (BDS) that is controlled and managed by carriers enabling them to easily get applications from developers to market and coordinate the billing and payment process. Carriers' BREW-based services will enable consumers to customize their handsets by downloading applications over the air from a carrier's application download server. The BREW platform is a product of QUALCOMM Internet Services division within the QUALCOMM Wireless & Internet group of QUALCOMM Incorporated.
Summus, Inc. (USA) 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 and mobile devices such as cell phones and personal digital assistant devices (PDAs). Summus's solutions are 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™, a ZDNet Editor's pick. For more information visit www.summus.com.
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 statements regarding the Company's strategic vision to enable higher quality multimedia applications for moderately priced mobile phones and the possibility of future wireless multimedia applications enabled by the Company's BlueFuel solutions, 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, 2001; (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,exego and MaxxNote are trademarks of Summus, Inc. (USA) All other company or product names are trademarks and/or registered trademarks of their respective owners.