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    Summus Inc, eine Analyse und Aussichten - 500 Beiträge pro Seite

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      schrieb am 13.10.02 18:26:32
      Beitrag Nr. 1 ()
      Summus Inc



      WKN: 920 513
      Kürzel: SUMU
      Firmensitz: Raleigh, North Carolina, USA
      Telefonnummer: 919.645.2610
      Faxnummer: 919.645.2611
      E-Mail: info@summus.com
      Homepage: http://www.summus.com" target="_blank" rel="nofollow ugc noopener"> http://www.summus.com
      Handelsplatz: Nasdaq OTC Bullentin Board (OTCBB)
      Historisches Hoch: 32 US-$, Februar 2000
      Aktueller Kurs: 0,48 US-$
      Ausstehende Aktien: 47,2 Millionen
      Marktkapitalisierung: 22,65 Millionen US-$
      Kursverlauf der letzten 12 Monate:




      Weitere Informationen über Summus:
      Kurs: http://www.otcbb.com/asp/quotes.asp?Sort=4&Quotes=SUMU&Bull…
      Research:
      http://www.hsns-investorisland.com
      http://www.summus-investorisland.com
      http://ragingbull.lycos.com/mboard/boards.cgi?board=SUMU


      Wer ist Summus?
      Summus hat eine Reihe von Lösungen für Mobilkommunikation auf Basis des Wirelessstandards geschaffen. Summus vertreibt Produkte wie BlueFuel und Exego, die eine schnellere Datenübertragung ermöglichen. Dadurch wird eine Kostensenkung durch Übertragungsdauer sowie eine längere Betriebsdauer für Handys erreicht. Die Übertragungszeit von Bildern via Handy zu Handy wird dadurch auf etwa 7 Sekunden verringert. Zur Zeit benötigt man mit herkömmlich erhältlichen Applikationen zwischen 25 und 35 Sekunden. Exego ermöglicht dem mobilen Kommunikationsnutzer die Übertragung von Dokumenten und Bilder mit einem schnelleren Datenübertragungsprozess. Dabei ist er nicht auf eine Örtlichkeit oder gar einem PC angewiesen.

      Folgende Applikationen sind für den mobilen Telekommunikationsmarkt bisher erhältlich:

      -BlueFuel
      -Exego
      -Nine Ball
      -Ultimative Golf Challenge

      In den Geschäftsfeldern Medizin, Sicherheit und Militäranwendungen ist Summus ebenfalls mit technischen Anwendungen, die auf der Dynamic Wavelettechnik basieren, vertreten. Zu den Geschäftspartnern gehören Verizon Wireless, At&T Wireless, Qualcomm, E-Media Libary, Associated Press, Texas Instruments, Snapfish, Symbol Technologies, Samsung, um nur einige namhafte Unternehmungen zu nennen.

      Unternehmensgeschichte:

      1991 wurde Summus durch den amtierenden Vorstandsvorstitzenden, Dr. Björn Jawerth, gegründet.

      1993 wurde die erste Video Wavelet Kompression vorgestellt. Eine Wavelet Bilder Kompression wurde als erste Technologie von Summus patentiert.
      1994 wurde das erste Produkt von Summus für Betriebssystem Windows hergestellt und in 1995 für Betriebssysteme Microsoft Windows, Unix und Linux vertrieben wurde.
      Wavelet Video wurde for Corel lizenziert und wurde Standard für alle Corel Produkte. Mit Symbol Technologies wurde 1997 ein 2-D Identifizierungscode lizenziert. 1998 wurde das erste kommerzielle Produkt, der Wavelet Image Viewer, vertrieben.
      2001 fusionierte das Unternehmen mit High Speed Net Solutions.
      Im gleichen Jahr wurde Summus Software für die US-Navy getestet. Im Mai 2001 wurde das Produkt Bluefuel, basiered auf Dynamic Wavelettechnik, für multimediale Anwendungen vorgestellt. Im August 2002 wurde ein genereller Kooperationsvertrag mit Samsung gezeichnet. Mehrere technische Demonstrationen mit BlueFuel fabden 2001 statt. So wurde eine Bild- und Videoübertragung mit der Technik Bluefuel von Handy über Handy mit mehr als zufrieden stellendem Ergebnis vorgeführt. Im Dezember 2001 schloß man mit dem Spielehersteller Zio einen Vertrag, um Spiele auf Handys anbieten zu können.

      Im Januar 2002 wurde eine strategische Allianz mit Samsung eingegangen. Zielsetzung dieser Partnerschaft ist es, gemeinsam für das Geschäftsfeld Multmediale Anwendungen, Wireless und Set Top Boxen Applikationen zu entwickeln und zu vermarkten.

      Im Februar 2002 gab Summus bekannt, daß über die Technik Bluefuel Maps über ein Brew gesteuertes Handset verfügbar ist. Im März wurde mit Iteris eine Partnerschaft für die Vermarktung des Mapping Produkts in Verbindung mit einem Real-Time-Verkehrssystem für Digitale Handsets eingegangen.
      Im März wurde Exego auf dem Markt gebracht. Im Rahmen der mobilen multimedialen Architektur wurde im April von Summus bekannt gemacht, daß über BlueFuel nun auch Pocket PCs eingebunden werden können. Diese Applikation wurde auf die Microsoft PocketPC-Platform übertragen. Im Mai wurde mit Zio ein Spiel, Ultimative Golf Challenge, für Handynutzer entwickelt und für die Wireless Platform Qualcomms, BREW, zertifiziert.

      Im Juni 2002 wurde mit dem norwegischen Carrier Netcom eine Absichtserklärung unterzeichnet. Eine Vielzahl von Applikationen welche auf die BlueFuel Architektur aufgebaut sind, sollen entwickelt und an den Markt gebracht werden.
      Im Juli gab Summus die technische Lösung Snapfishmobile bekannt. Mit dieser Applikation, welche ebenfalls über die BlueFuel Netzwekarchitektur läuft, ist der Anwender in der Lage, Fotos zu archivieren und zu übersenden.

      Im August wurde mit Zios zweitem Handy-Spiel, Nine-Ball, eine Zertifizierung für Qualcomms BREW Platform erreicht. Ab September 2002 bietet der Carrier Verizon beide Spiele, Ultimative Golf Challenge und Nine Ball seinen 30 Millionen Kunden zum Download an. Die Spiele kosten 5,95 US-$. Summus nimmt davon 4,95 US-$ für jedes gedownloadete Spiel ein. In der Hitliste der downloadbaren Spiele für Verizons Kunden erfreuen sich beide Spiele bester Beliebtheit. Sie stehen auf Platz 2 und 4 der Hitliste. Im September wurde mit Associated Press vereinbart, Nachrichten über BlueFuel Architektur Wirelessnutzern zugänglich zu machen. Ebenso wurde Snapfishmobile in den Vertrag mit eingebunden. Ebenfalls im September gab Summus bekannt, daß Snapfishmobile nun auch für AT&T Wireless mMode-Kunden erhältlich ist. Ferner können über das At&T-Netzwerk nun auch WAP-Kunden Snapfishmobile nutzen.

      Kursentwicklung
      Von Gerüchten über einen Großeistieg des Partners Samsung getrieben, erreichte Summus einen Höchstkurs von 32 US-$.



      Da dieser Deal in 2000 auf sich warten ließ, der Businessplan des Unternehmens immer wieder in zeitliche Verzögerungen geriet, sowie die allgemeine Marktschwäche des Telekommunikationssektors und nicht genügend Fundingcapital ließen den Kurs bis auf im Tief bei 0,22 US-$, erreicht im September 2002, einbrechen.

      Aktuelles Lagebild
      Summus konnte in der letzten Zeit durch Ausgabe neuer Aktien genügend Fundingcapital einnehmen. Der Fortbestand des Unternehmens scheint daher bis zur Profitabilität des Unternehmens, die für 2003 erwartet wird, gesichert.
      In einem Shareholderletter gab der Vorstandsvorsitzende, Dr. Björn Jawerth, die Umsatzziele für 2002 und 2003 bekannt. In 2003 rechnet Dr. Jawerth mit 8 Millionen Umsatz, welche in 2003 auf 100 Millionen gesteigert werden soll. Cash-Flow Positiv will man im ersten Quartal 2003 werden.

      Ausblick
      Derzeit befindet man sich mit vielen Carriern in Gesprächen. Einige Carrier testen zur Zeit die angebotenen Applikationen von Summus. Sollten diese Tests, ähnlich wie bei Verizon, positiv verlaufen, kann Summus mit seiner BlueFuel Architektur einen neuen Standard im Bereich Wireless setzen. Schelligkeit, multimediale mobile Anwendungsmöglichkeiten, Ausbau des Handys als mobile Kommunikationsplatformen sind längst keine Zukunftsvision mehr. Summus hat hier mit seinen Applikationen einen neuen Trend vorgegeben. Auf der stattfindenden CITA in Las Vegas von 16.10. bis 18.10.2002 ist mit weiteren Präsentationen zu rechnen. Summus nimmt hier als Partner von Qualcomm auf deren Aufstellungsfläche teil. Summus ist Kernentwickler mit BlueFuel für Qualcomms BREW Wireless Platform. In seinem Geschäftsfeld ist Summus bisher noch konkurrenzlos.
      Man plant nach Erfüllung der Bedingungen ein Segmentwechsel an die Nasdaq oder der AMEX.

      Folgende Faktoren werden maßgeblich den Kurs von Summus beeinflussen:

      -Entwicklung der Telekommunikationsmartes sowie der konjunkurellen Weltwirtschaftslage
      - Entwicklung im Wirelessmarkt
      - Entwicklungen im Telekommunikatiossektor
      - Umsatz-, Gewinn- und Geschäftsentwicklung von Summus
      - Weitere Kooperationen mit Carriern, MVNOs und Technikfirmen
      - Gewinnung neuer Vertriebspartner für Summusapplikationen
      - Ausrichtung der Unternehmensstrategie

      Auf Grund der niedrigen Bewertung des Unternehmens, einer bannbrechenden neuen Technik für multimediale Anwendungen und der zu erwartenden positiven Entwicklung des Unternehmens ist Summus einen Kauf wert. Die Zukunftsaussichten sehen deutlich besser aus, als der derzeitige Aktienkurs und Marktkapitalisierung von Summus aussagt.
      Avatar
      schrieb am 13.10.02 23:57:20
      Beitrag Nr. 2 ()
      Folgende PDF-Mappen und Links komplettieren das Research rund um Summus:

      http://www.summusgov.com/content/detailview.cfm?content=4dim…

      http://www.summus.com/products/photoid/photoid_whitepaper.pd…

      http://www.summusgov.com/pdf/sonarsw_specs.pdf

      http://www.summusgov.com/pdf/lidar_advimaging.pdf" target="_blank" rel="nofollow ugc noopener">http://www.summusgov.com/pdf/lidar_advimaging.pdf


      Strategische Allianzen sind mit folgenden Behörden im Geschäftsfeld Gouvernment und Homeland Securities eingegangen worden:

      Office of Naval Research (ONR)
      Air Force Office of Scientific Research (AFOSR)
      Army Research Labs (ARL)
      Navair/China Lake
      Night Vision Electro-Sensor Directorate (NVESD)
      Defense Advanced Research Project Agency (DARPA)
      National Science Foundation (NSF)
      United States Air Force (USAF)
      United States Navy (USN)
      Naval Oceanographic Office (NAVOCEANO)

      Mit folgenden Firmen sind strategische Allianzen für das Geschäftsfeld Gouvernment und Homeland Securities eingegangen worden:

      Raytheon
      Hughes (now Raytheon)
      Magnavox (now Raytheon)
      Harris RF Communications
      Harris Government Systems
      McDonnel Douglas Corporation (now Boeing)
      SAIC
      Booz-Allen-Hamilton
      Ball Aerospace
      PhotoTelesis

      Quelle: http://www.summusgov.com/
      Avatar
      schrieb am 14.10.02 16:12:01
      Beitrag Nr. 3 ()
      gute Zusammenfassung der Firma.
      Leider ist die Chart nicht besonders. Die Aktie befindet
      sich in einem deutlichen uptrend!
      Ausser der stochastic sind alle Indikatoren bulish.
      http://www.stockta.com/cgi-bin/analysis.pl?symb=SUMU&num1=1&…
      Avatar
      schrieb am 14.10.02 19:38:32
      Beitrag Nr. 4 ()
      OTC Wert, mit dem 3 fachen des Jahresumsatzes bewertet.

      Das nennst du niedrig bewertet?

      Eine Steigerung von 8 Mio auf 100 gehört wohl eher in den Bereich der Fabeln.
      Avatar
      schrieb am 14.10.02 20:57:19
      Beitrag Nr. 5 ()
      schwer zu glauben; aber herausgegeben ohne not als 8-K:

      http://www.summus.com/company/news/pr/2002-05-09.php

      " ...Financial Projections

      The following projected financial information is based on business and market assumptions described below.

      Fiscal 2002 (3rd and 4th Quarters)

      -- Gross revenues in excess of $8.0 million

      -- Net cash flow from operations of approximately ($10.0) million

      Fiscal 2003

      -- Gross revenues in excess of $100 million

      -- Net cash flow from operations in excess of $15.0 million

      -- Income before taxes in excess of $35.0 million.

      .... "

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      Avatar
      schrieb am 14.10.02 23:26:59
      Beitrag Nr. 6 ()
      Hier nochmals in Kopie die Presseveröffentlichung des Hauses Summus bezüglich zukünftiger Erwartungen:

      Summus Issues Guidance

      Expects Revenues in Excess of $100 Million in 2003 -

      RALEIGH, N.C., May 9 /PRNewswire-FirstCall/ -- Summus, Inc. (USA) (OTC Bulletin Board: SUMU), a leader in the development of efficient information processing solutions for mobile and wireless devices, today provided guidance on its expected financial performance for the second half of 2002 and for 2003.

      Background

      On May 9, 2002, Summus reached a major milestone with the launch on the Verizon Wireless Network of exego(TM), the first commercial product built on Summus` BlueFuel(TM) architecture. exego is a multimedia application designed for mobile and wireless devices; for more information concerning exego, please see www.summus.com .

      "Now that we have completed the first development, achieved TRUE BREW(TM) certification by QUALCOMM, and commercially launched exego, our management team believes Summus is on track for an exceptional year," said Bjorn Jawerth, chairman and CEO of Summus. "We believe we will have strong market acceptance of our exego application as well as several complimentary BlueFuel-based applications. Based on our current financial projections, we will be cash flow positive from operations in January 2003."

      Financial Projections

      The following projected financial information is based on business and market assumptions described below.

      Fiscal 2002 (3rd and 4th Quarters)

      -- Gross revenues in excess of $8.0 million
      -- Net cash flow from operations of approximately ($10.0) million

      Fiscal 2003

      -- Gross revenues in excess of $100 million
      -- Net cash flow from operations in excess of $15.0 million
      -- Income before taxes in excess of $35.0 million.

      Assumptions

      Carriers

      Summus expects all major wireless carriers will offer solutions and services similar to exego within the next eighteen months. The Company plans to deploy its exego application through several major US wireless carriers by the end of 2002. Summus is targeting expansion with carriers in Europe and Asia in 2003. The pace of deployment of Summus` application to carriers is dictated by several factors, including:

      1. The pace of carrier rollouts of BREW and J2ME supported devices and services;
      2. The testing and certification processes and lead times of individual carriers;
      3. The number of content partnerships Summus can develop.

      Device Availability

      Currently, the exego application is designed around wireless devices and phones with color or grayscale displays, and either BREW, J2ME, PocketPC, or Symbian operating systems (a.k.a. multimedia-ready phones). According to In-Stat, sales of Internet-ready wireless phones will exceed 1 billion units annually by 2004, and by the end of 2002, virtually all wireless phones will be pre-loaded with mini browsers and Internet-enabled. In 2001, there were approximately 300 million units of Internet-enabled wireless handsets in the market, surpassing the PC unit shipments.

      Cahners In-Stat/MDR expects that in the US market alone, the number of business wireless data users will swell to 39 million in 2006 from 6.6 million in 2001, resulting in revenues of $16 billion for wireless data carriers by the end of 2006. Telecompetition, Inc., projects that over the next ten years the market for advanced mobile and wireless services will exceed $300 million.

      Nokia expects multimedia phones to outsell PCs and laptops by 2003.

      Based on this market research Summus expects that in 2003 the number of multimedia phones sold by targeted carriers will be over 16 million.

      In accordance with the Company`s current business plan, Summus plans to capture 30 percent of the number of compatible handsets sold by targeted US carriers in the 2nd half of 2002, and 18 percent of the compatible handsets sold by targeted worldwide carriers in 2003. Based on this information, Summus` plan is to obtain over 2.8M subscribers for exego and related products over the next 18 months.

      Pricing

      For a limited time, Summus is offering the first month of exego free to all subscribers. Summus expects that when exego is broadly available, the price will be around $10 per month. Of this amount, Summus retains a majority of the revenue according to established business models with carriers and partners. Summus and our carrier partners will periodically review and adjust pricing according to market demand and product enhancements.

      Funding and Other Risk Factors

      The $15.0 million Summus expects to raise over the remainder of 2002 will have a direct impact on achieving the projected financial results stated above.

      About Summus

      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 devices such as cellular 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. For more information visit www.summus.com .

      All statements in this press release that are not historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act as amended, including statements regarding Summus` expectation that its business units are on track to deliver an exceptional year; its anticipation of strong market acceptance, its expectation that Summus will be cash flow positive by early 2003; Summus` expectation that (i) gross revenue for 2002 will be in excess of $8.0 million; (ii) net cash flow from operations of approximately ($10.0) million; (iii) gross revenue for 2003 will be in excess of $100 million; (iv) net operating cash flow will be in excess of $15.0 million during 2003 and (v) income before taxes in excess $35.0 million in 2003. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, but not limited to, uncertainties relating to technologies, product development, market acceptance, cost and pricing of Summus` products, dependence on collaborations and partners, regulatory approvals, competition, intellectual property of others, and patent protection and litigation. These risks and other additional factors affecting Summus` business are discussed in Summus` Annual Report on Form 10-K for the fiscal year ended December 31, 2001, filed with the Securities and Exchange Commission, and in other reports filed by Summus with the Securities and Exchange Commission from time to time. Summus expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Summus` expectations with regard thereto or any change in events, conditions, or circumstances on which any such statements are based, except as may be required by law.

      Information contained in our press releases should be considered accurate only as of the date of the release. Information in any press release may be superseded by more recent information we have disclosed in later press releases, filings with the Securities and Exchange Commission or otherwise. Press releases may contain forward-looking statements based on the expectations of our management as of the date of the release. Actual results may materially differ based on several factors, including those described in the press release.

      BlueFuel, exego, Efficiency Engine and MaxxNote are trademarks of Summus, Inc. (USA). All other company or product names are trademarks and/or registered trademarks of their respective owners.

      SOURCE: Summus, Inc.
      Avatar
      schrieb am 15.10.02 14:38:49
      Beitrag Nr. 7 ()
      Soeben gab Summus in einer Presseerklärung bekannt, daß US-Celluar mit in etwa 4 Millionen Kunden die beiden Siele Nine Ball und Ultimative Golf Challenge vertreibt.

      Hier die Presseveröffentlichung in englischer Sprache:

      U.S. Cellular Selects Summus` Wireless Gaming Technology Wireless Carrier to Offer ZIO Interactive Games Powered by Summus` BlueFuel(TM) in BREW(TM) Pilot
      Tuesday October 15, 8:02 am ET


      RALEIGH, N.C., Oct. 15 /PRNewswire-FirstCall/ -- Summus, Inc. (OTC Bulletin Board: SUMU - News), a leading provider of solutions that change the way information is communicated and processed through mobile devices and networks, today announced that it has signed a service agreement with U.S. Cellular (Amex: USM - News) to offer customers two BREW-enabled games -- ZIO Interactive`s Ultimate Golf Challenge and Nineball.

      Under the agreement, customers in Knoxville, Tenn., participating in the company`s trial of services based on QUALCOMM`s BREW(TM) (Binary Runtime Environment for Wireless) solution, will be able to download the gaming applications to their wireless handsets. The commercial trial, which is scheduled to run through January 2003, will enable U.S. Cellular to provide customers with the next generation of data services tailored to meet their individual needs. Knoxville is the only U.S. Cellular market selected for the trial.

      ZIO Interactive`s Ultimate Golf Challenge and Nineball are both powered by BlueFuel and distributed in North America by Summus. BlueFuel is Summus` Superfast, Superthin(TM) mobile platform tailored for efficient and easy interaction with information in the mobile environment.

      "We are pleased to partner with Summus and offer our Knoxville customers interactive mobile games via their wireless handsets," said Alan D. Ferber, vice president of marketing for U.S. Cellular. "With interest in wireless games increasing, we are constantly evaluating new products and services of interest to our customers."

      According to Datamonitor, an international data research firm, 22 million people in the United States currently play games on their wireless phones or PDAs. By 2006, Datamonitor estimates this figure to reach more than 200 million users throughout the U.S. and Europe, generating approximately $6 billion in revenue.

      "Summus is excited to offer Ultimate Golf Challenge and Nineball as part of U.S. Cellular`s wireless data pilot," said Dr. Bjorn Jawerth, CEO of Summus. "U.S. Cellular is the latest wireless service provider to offer applications powered by BlueFuel -- an advanced architecture that will make the wireless gaming experience fast, interactive and fun for U.S. Cellular customers."

      About U.S. Cellular

      U.S. Cellular Corporation, the nation`s eighth largest wireless service carrier, provides wireless service to more than 3.9 million customers in 155 markets throughout 26 states. The Chicago-based company operates on a customer satisfaction strategy, meeting customers` needs by providing a comprehensive range of wireless products and services, superior customer support and a high quality network. U.S. Cellular is listed and traded as USM on the American Stock Exchange. For more information about U.S. Cellular, visit the company`s Web site at www.uscellular.com .

      About ZIO Interactive

      ZIO Interactive, Inc. develops, licenses, sells and supports software products, especially concentrating on games, for a multitude of mobile devices under the mission of providing Differentiated Digital Entertainment (DDE) to its customers. After being a successful pathfinder of a 3D graphic game for the Pocket PC with ZIOGolf, ZIO is expanding its lines to cover many types of mobile devices and also wireless technologies like WAP and Bluetooth. This will enable ZIO to become a leading software provider in the mobile devices market. ZIOSoft, Inc. is a subsidiary of ZIO Interactive, Inc., and is based in Morgan Hills, Calif. The company publishes, manufactures and distributes games such as SimCity2000, Chopper Alley and ZIOGolf for various platforms, such as Pocket PC, Palm OS and Mobile Phones for sales in North America, UK and other English speaking countries. For more information on ZIO Interactive and ZIOSoft, please visit www.ziosoft.com .

      About Summus

      Summus, Inc. (USA), based in Raleigh, N.C., has developed a series of solutions to change the way information is communicated and processed through mobile and wireless networks. Summus offers a host of products and services based on its BlueFuel platform that enable wireless users to access multimedia services faster and on a wider range of mobile devices. exego is a Summus mobile application, powered by BlueFuel, that gives users the ability to access, share, and transfer files and digital multimedia information of any size to and from any location in the world via their mobile device. 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 and exego are trademarks of Summus, Inc. (USA). All other trademarks and/or registered trademarks are the property of their respective owners.
      Avatar
      schrieb am 15.10.02 16:49:33
      Beitrag Nr. 8 ()
      Neben der veröffentlichten PR mit US Celluar werden diese Woche anläßlich der CITA in Las Vegas von 16. bis 18. Oktober 2002 noch 3 weitere Veröffentlichungen erwartet.

      Mit diesen Bekanntmachungen wird man Summus auf der CITA, welche als Partner in den Qualcomm-Stand als Aussteller teilnimmt, in den Fokus der Wirelessindustrie bringen.
      Avatar
      schrieb am 16.10.02 02:00:32
      Beitrag Nr. 9 ()
      Obelisk,
      10% aller Verizon Benutzer in den USA (zZ 3 Mio) benutzen
      bereits das Internet auf dem Haendi. In einem Jahr werden
      wir mehr als 5 Carrier haben. Die Gebuerenpalette liegt
      nach Anwendung zwischen 1-5$ pro Monat. Wir sprechen hier
      nur von den USA. Ich wohne in Canada und sehe jeden Abend
      eine Verizon Reklame im Fernsehen. Ich halte 100 Mio nicht
      zu abwegig.
      Die Firma koennte, wenn sie das Geld haette, 100 Patente morgen anmelden! Wir werden noch viel hoeren! Summus ist sehr vielseitig. the wireless internet ist nur ein Bereich in dem die Firma Geld machen wird!
      Avatar
      schrieb am 16.10.02 02:02:02
      !
      Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
      Avatar
      schrieb am 16.10.02 02:02:07
      !
      Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
      Avatar
      schrieb am 16.10.02 02:02:13
      !
      Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
      Avatar
      schrieb am 17.10.02 02:20:10
      Beitrag Nr. 13 ()
      Oups,
      irgenwie wollte ich meine message nur einmal posten,
      sorry
      Avatar
      schrieb am 20.10.02 17:24:07
      Beitrag Nr. 14 ()
      Hi Udo,

      das war ja nu nix mit den Veröffentlichungen während der CITA. Summus war, so wie ich das verstanden habe, nicht selbstständig vertreten, sondern im Qualcom-Bereich. Was hat Summus dort präsentiert bzw. an welchen Präsentationen war Summus dort beteiligt und welche deals mit wem wären daraus zu erwarten/erhoffen gewesen?

      Axel
      Avatar
      schrieb am 20.10.02 18:37:32
      Beitrag Nr. 15 ()
      Mit Veröffentlichung vom 4. Oktober ist SNAPFISH MOBILE für alle AT&T WIRELESS` mMODE-Kunden, die ein Sony Ericsson T68i nutzen, für eine monatliche Gebühr von 1,99 US$ bzw. tägliche Gebühr von 0.49 US$ erhältlich.

      SNAPFISH MOBILE ermöglicht Bilder auf dem Handy zu betrachten, zu speichern, zu verwalten, direkt vom Handy auszudrucken und an andere Handys (z.Zt. Sony Ericsson T68i-Inhaber die AT&T WIRELESS` mMODE-Kunden sind und SNAPFISH MOBILE abboniert haben) und an EMail-Adressen zu versenden.

      Weiter wurde in Aussicht gestellt, dass bis Ende diesen Jahres weitere Handys erhältlich sein sollen, mit denen man SNAPFISH MOBILE nutzen kann und das "next-generation GSM™/GPRS"-AT&T WIRELESS-Netz über welches SNAPFISH MOBILE verfügbar ist, weiter ausgebaut wird.

      Mein Fazit: Ein gemeinsam von Summus und der Kodak-Tochter Snapfish äußerst vielversprechendes und zukunftsträchtiges Produkt welches zumindest für dieses Jahr keine erheblichen Einnahmen für Summus erwarten läßt (nur erhältlich für AT&T WIRELESS`-mMODE-Kunden die über ein Sony Ericsson T68i verfügen) zumal für mich noch die Frage offen ist, in welcher Gewichtung Summus an den Einnahmen ($ 1,99/0,49) beteiligt sein wird.

      Andere Ansichten?
      Axel
      Avatar
      schrieb am 20.10.02 19:28:57
      Beitrag Nr. 16 ()
      Wiederum im Zusammenhang mit Snapfish Mobile veröffentlichte Summus am 9. Oktober, dass eine auf WAP basierende Version von Snapfish Mobile für alle Handynetzbetreiber, die WAP anbieten verfügbar ist.

      Eine Veröffentlichung, die mir auf den ersten Blick ungeheueres Potenzial suggerierte, mehr nicht. Auf dieser Veröffentlichung basierend müssen Kontrakte folgen die zum einen das Produkt an den Mann bringen und somit bekannt werden lassen (wer kennt schon Snapfish Mobile und kann beurteilen ob es gut ist oder nicht, will der Kunde Snapfish Mobile überhaupt haben oder gibt es was besseres) und zum anderen Moos in die Summus-Kasse spülen.

      Eine Kernfrage, die sich mir dabei aufdrängt: technisch bin ich auf diesem Gebiet nicht sehr versiert, nehme deshalb mit meinem gefährlichen Halbwissen an, dass alle bisherigen WAP-Handys Snapfish Mobile nicht nutzen können. Es müssen also neue WAP-Handys auf den Markt kommen, die Snapfish Mobile verfügbar machen. Gerade in Bezug auf den letzten Punkt würde ich mich freuen, wenn mich jemand vom Gegenteil überzeugen könnte...

      Axel
      Avatar
      schrieb am 20.10.02 20:28:15
      Beitrag Nr. 17 ()
      Hi Axel,

      Summus war im Partnerpavillion Qualcomms integriert. Welche Technik vorgeführt wurde, keine Ahnung. Vorstellbar: Weitere Applikationen für Platform BREW.

      WAP: Erste Wireless-Entwicklungsstufe. Meiner Auffassung benötigt man lediglich ein Softwareupdate für alte Handys oder in der Tat ein neues. Schwer zu beantworten.

      Leider ist aus der Erwartung, während der CITA weitere Veröffentlichungen von Summus zu sehen, nichts geworden. Denke aber mal, daß Summus genügend in der Pipeline für weitere Veröffentlichungen hat.

      Gerüchte liegen im Markt, daß Summus auf Einladung einer sehr bekannten Firma an der Fall Comdex im Zeitraum 16. - 21.11.2002 in Las Vegas teilnehmen wird. Ein wenig Geduld und check the wires.

      Grüße
      Udo
      Avatar
      schrieb am 20.10.02 21:20:46
      Beitrag Nr. 18 ()
      Wie stehen die Chancen für Summus, die durch ein SHL angekündigten US$$8 Mio. noch in 2002 zu realisieren?

      Wohl nicht aus Folgen von Veröffentlichungen wie:

      -Hauptentwickler für Qualcoms BREW-Plattform

      -Side Scan Sonar Image Analysis software für die NAVY

      -Implementierung von Summus-Tech in eine Produktlinie von Samsung Electronics America

      -1500 Lizenzen für Summus` PhotoID an Face Technologies (Pty) Ltd

      -Samsung Electronics America, Inc., Digital Set-Top Boxes

      -SUMMUS` IMAGE COMPRESSION TECHNOLOGY lizensiert für E-MEDIA LIBRARY für DIGITAL IMAGE MANAGEMENT SYSTEM

      -BlueFuel Map für Handys

      -Photo ID(TM) software lizensiert für Bio4`s Airport Security System

      -Partnerschaft-Vertrag mit Telezen, Co., LTD (Korea) um BlueFuel und Anwendungen auf den koreanischen Markt zu bringen

      -Realtime Verkehrswarn- und Infosystem mit Iteris soll bis Ende 2002 in 18 - 20 Metropolen verfügbar sein

      -Exego auf Microsoft PocketPC platform

      -Grußkarten-deal mitFunCaster.com

      -Ein-Jahres-Vertrag mit ServiceObjects um ATM locator und package tracking services in Summus` suite of exego(TM) zu vertreiben

      -Absichtserklärung um mit Netcom um auf BlueFuel basierende Multimedia Anwendungen zu entwickeln

      -Deal mit Alltel, Einführung von exego über das Kyocera 3035 in Norfolk, Va., Lincoln, Neb., und Killeen, Texas, im August 2002

      -Realtime Aktienkurse über FreeRealTime.com

      -Entwicklung einer Suchmaschine mit Fast Search & Transfer ASA (FAST)

      -Entwicklung einer InfoAnwendung mit Associated Press, US-, Welt-, Sport-, Wetternachrichten, Fotos

      -U.S. Cellular, Testlauf von Ultimate Golf Challenge und Nineball in Knoxville, Tenn., im Januar 2003

      - Fuji Film/France, Tech für Digitalkameras auf Summus’ wavelet image Basis

      - Symbol Technologies, Summus’ WI PhotoID, Summus’ wavelet compression technology

      - Corel Corporation, Summus’ Wavelet Image compression in CorelDraw 6.0 - 9.0

      - Texas Instruments Incorporated, Implementierung von wavelet-based video und image processing technology in Texas Instruments-Chips

      Wohl aber können aus

      - Exego, Nine Ball und Ultimative Golf Challenge über Verizon Wireless vertrieben und z.Zt. nur über das von Sharp für Verizon Wireless entwickelte VZW Z-800 verfügbar,

      - Snapfish Mobile über AT&T WIRELESS-Netz nur für das Sony Ericsson T68i verfügbar,

      Einnahmen erwartet werden. Ich hoffe, ich hab da was vergessen oder übersehen vor allem was die revenue-deals angeht. Ob das reicht um das angekündigte Ziel zu erreichen wage ich zu bezweifeln.

      Axel
      Avatar
      schrieb am 20.10.02 21:35:39
      Beitrag Nr. 19 ()
      Ja Udo,

      so geht es weiter. CITA beendet, auf auf zur Comdex nach Las Vegas. Nichts genaues weis man nicht. Hmm, war die CITA nicht auch in Las Vegas. Egal. Die Herren um Doc J. scheinen beschäftigt. Mir wäre es mal recht, wenn die Herren damit beschäftigt wären, PR´s rauszuhämmern die Einnahmen erwarten lassen. Einen Trost haben wir ja wenn man es freundlich sieht: es bleibt bei Kaufkursen.

      Bis denne
      Axel
      Avatar
      schrieb am 20.10.02 21:54:17
      Beitrag Nr. 20 ()
      Übrigens Udo,

      ich vergaß, Deine Eingangspostings sind nicht zu verachten. Echt Klasse für jemanden, der sich über die Co. informieren will und möglicherweise über nur mangelhafte Englischkenntnisse verfügt (wie ich!). Wäre Prima wenn wir ein paar deutschsprechende Cracks vom RB dazu bewegen könnten, hier mal die eine oder anderen Frage auf Deutsch zu diskutieren. Morgen abend haue ich mal ein "Werbepost" auf`s RB. Mal sehen ob`s hilft...

      Axel
      Avatar
      schrieb am 20.10.02 22:25:41
      Beitrag Nr. 21 ()
      Ich glaube, wir werden das Umsatzziel von 8 Millionen US-$ verfehlen. Ich rechne bei den Umsätzen im Quartal 3/02 lediglich mit 100.000 US-$. Die derzeit vertriebenen Applikationen werden sicherlich nicht reichen, daß Umsatzziel zu erreichen.

      Aber: Exego wird als Software ebenso vertrieben. Kosten: 6 $. Summus partizipiert hier mit einem Prozentsatz.

      Zu den Presseveröffentlichung: Meiner Meinung nach ist die Pipeline voll. Ich denke, wir sollten bald einen neuen Carrier sehen plus andere Veröffentlichungen.

      Ein Knackpunkt bleibt bestehen: Für die angebotene Technik stehen zur Zeit wenige Handys zur Verfügung. Dies sollte sich im nächsten halben Jahr deutlich zu unserem Vorteil verändern. Wir haben die beste Technik und daran kann kein Konkurrrent über Jahre rütteln. Sehr schnell müssen Umsätze regeneriert werden, um das avisierte Ziel Cash Flow Positiv schnellstens, meiner Meinung nach spätesten Ende des 1. Quartals 2003, erreicht werden. Sollten wir diesen Prüfstein bestehen, wird die Entwicklung von Summus dramatisch positiv verlaufen.

      Las Vegas ist das technische Mekka. Neben der CITA findet in Vegas die Fall Comdex sowie auch die Consumer Electronic Show (CES) statt. Meiner Auffassung nach werden wir von der Comdex im November als auch von der CES (Februar 2003) partizipieren.

      Grüße
      Udo
      Avatar
      schrieb am 27.10.02 01:59:03
      Beitrag Nr. 22 ()
      Auf zwei Internetseiten wurde über die AP-Applikation von Summus berichtet.

      Hier die Urls:
      http://www.devx.com/Brew/Article/9720
      http://www.atnewyork.com/news/print.php/1462731

      Ein neue Imagebroschüre wurde von der Investorrelationfirma Dresner Co herausgebracht.

      Diese ist abrufbar unter: http://www.summus-investorisland.com/Press_Room/PR2003/Summu…

      Grüße aus Kölle
      Udo
      Avatar
      schrieb am 01.11.02 14:55:29
      Beitrag Nr. 23 ()
      Neue Exego Version auf dem Markt

      Heute wurde die neue Version Exego 3.6 auf dem Markt gebracht. Sie enthält gegenüber der alten Version einige Verbesserungen und neue Features.

      Mehr unter https://exego.bluefuel.com/BlueFuel/Common/Login.asp

      Eine Produktbeschreibung sowie eine Gebrauchsanweisung für den Umgang mit Exego 3.6 ist unter folgenden Links als Download erhältlich:

      http://exego.bluefuel.com/bluefuel/support/L1_800x560.exe" target="_blank" rel="nofollow ugc noopener">http://exego.bluefuel.com/bluefuel/support/L1_800x560.exe


      http://exego.bluefuel.com/bluefuel/support/L2_800x560.exe

      Exego 3.6 wird zur Zeit über den Carrier Verizon zu einem Preis von 6 US-$ vertrieben. Von diesem Verkaufspreis erhalten wir eine fette Provision.
      Avatar
      schrieb am 08.11.02 16:57:44
      Beitrag Nr. 24 ()
      Summus nimmt auf der Fall Comdex vom 16. bis 21.11.2002 in Las Vegas auf Einladung von Nokia in deren Pavillion teil.

      Es ist davon auszugehen, daß die Technik Bluefuel in der nächsten Nokia-Handy-Generation eingesetzt werden wird. Mit Announcements während der Comdex ist zu rechnen.
      Avatar
      schrieb am 12.11.02 16:55:44
      Beitrag Nr. 25 ()
      Gestern gab Summus einen Deal mit Astrology.com bekannt.

      http://biz.yahoo.com/prnews/021111/lam094_1.html

      Am 14. November hat das Summus Management einen Investor Call angekündigt.

      http://biz.yahoo.com/prnews/021111/lam103_1.html

      Heute gab Summus einen Deal mit Single Touch bekannt:

      http://biz.yahoo.com/prnews/021112/latu062_1.html

      Folgende Spekulationen lassen sich aus diesem Deal ableiten:

      -Cash Flow Positiv Mitte des nächsten Jahres, da die garantierten 60.000 Kunden auf Exego zurückgreifen müssen. Exego wird mit 6 $ pro Monat vertrieben. Macht also bei Erreichen der garantierten 60.000 Nutzer bereits 300.000 US-$ aus. Für den Golf als auch für den WWE-Bundle fallen zusätzlich noch Provisionen an.

      - Damit dürfte die Cash Burn rate von in etwa 400.000 $ mit diesem Deal gedeckt werden.

      - Weitere MVNO`s können als Kunde aquiriert werden.

      Mit weiteren positiven Announcements in Sachen Summus ist während der Fall Comdex, am FReitag beginnend, zu rechnen.
      Avatar
      schrieb am 25.11.02 10:09:21
      Beitrag Nr. 26 ()
      Company Information: Business Description

      Summus, Inc. (USA), incorporated in 1984, provides efficient information processing solutions for the emerging mobile and wireless market. The Company has designed and developed a compelling end user service application, exego, built on its BlueFuel architecture. Combined with BlueFuel, this service application will enable information mobility, management and exchange tasks on low-, mid- and high-tier cellular handsets over existing second-generation (2-G) wireless networks. The exego application is designed to turn a cellular handset into a control device, through which the user can instantly access, process and deliver information, wherever and whenever he wants to. Although its primary business focus is the mobile and wireless market, the Company`s historic roots is that of a company engaged in research and development contract work for government agencies in the areas of complex imaging and object recognition. Such contract work represented 67% and 60% of the Company`s revenues in the years ended December 31, 2001 and 2000, respectively.

      For the past 10 years, the Company has focused on providing its expertise in the fields of mathematics, including wavelets, non-linear partial differential equations and dynamical systems, as well as graph theory and topology, for purposes of developing complex imaging and object recognition technologies that have been applied by its government agency clients to mine detection (both land and sea); automatic target recognition, de-noising and image compression and decompression; side scan sonar 3-D imaging; missile imaging software (smart bomb technology), and 3-D (simulation and mapping). exego pc offers sets of core features, including instant messaging between exego subscribers, including exchange of both text and media messages; e-mail addressing, including the capability to send and receive multimedia e-mails; image editing, management and rendering; slideshow creation; content organization in the user`s own customizable media directory; address book for storage of contact information, and customizable profile and settings for managing the user`s account and customizing features. Although the rapid and significant technological change occurring within the wireless communications industry may dictate a change in Summus` product development strategy, it anticipates that its product and technology portfolio will provide a solid base from which to grow.

      The Efficiency Engine is a system component designed to efficiently route, store and monitor information flow (traffic) in a network. The Efficiency Engine saves memory and processing resources by selecting and using only those BlueFuel modules that are necessary for the requested activity. The Company`s architecture makes it possible to efficiently transmit and view content over current and future wired or wireless networks.

      BlueFuel Server, which is designed for optimized multimedia delivery over wired and wireless networks, utilizes the Efficiency Engine to deliver content to both wired and wireless end user devices. It is also responsible for assembling content, interpreting end user directives and anticipating their wishes. BlueFuel Server supports Summus` BlueFuel architecture, as well as industry standard formats. The BlueFuel Modules are pluggable and upgradeable software modules for processing multimedia information, such as video, image, graphics, animation, 3-D, map and others needed to deliver BlueFuel application solutions. BlueFuel modules allow application developers to build SuperFast-SuperThin multimedia applications for gaming, enterprise solutions, security and surveillance, digital cameras and m-commerce. BlueFuel modules support multimedia content provided from third-party servers, as well as MPEG4 and other formats. The BlueFuel Modules include BlueFuelImage, BlueFuelMap, BlueFuelVideo and BlueFuelCreate.

      Summus develops proprietary commercial software for complex imaging, information management, object recognition and multimedia compression with existing applications in the fields of mobile and wireless communications and information processing. Wavelet Image Software Developers Kit (SDK) Version 4.1 allows software developers to incorporate the Company`s wavelet compression technology within their applications. Software developers can compress images into smaller file sizes to enable faster downloads without significantly degrading image quality.

      Photo ID Software Developers Kit (SDK) Version 2.0 provides all the standard features of the Wavelet Image SDK, with the addition of specialized compression technology to handle portrait-style images, which is ideal for smartcard, barcoding and identification and security applications. The Company has targeted J2ME, Symbian OS, Pocket-PC and PalmOS as the next wireless operating systems or platforms to which to adapt or port BlueFuel and the exego application. Summus is targeting commercial release of products ported on these platforms throughout the 2002 calendar year.

      The Company competes with AOL, Yahoo, Nokia, Ericsson, Lucent Technologies, Matsushita Communications, Motorola, NEC Corporation, Nortel, Samsung Electronics, Microsoft Corporation, PacketVideo Corporation, Toshiba, Apple Computer, Emblaze Systems, RealNetworks, Inc, NTT DoCoMo, Orange, Sonera, US West, Intel, Qualcomm, Texas Instruments, Phone.com, InfoSpace, Thin Multimedia, Togabi, Oplayo, SolidStreaming and PacketVideo.
      Avatar
      schrieb am 25.11.02 11:12:16
      Beitrag Nr. 27 ()
      SHL, November 22, 2002

      This letter highlights our progress to date. I will address the Company`s goals for 2003 and the growth of BlueFuel and its market positioning. Specifically, I will explain our middleware opportunity and discuss the MVNO strategy. In this letter you will also find a chart detailing the status of our product launches and targeted carriers, as well as updates on product development and marketing efforts. Finally, there are some comments regarding the capitalization of the Company.

      GOALS
      Our progress this year has been quite substantial. Unfortunately, the market has not materialized as quickly as we had initially anticipated; however, I am extremely pleased with our position and our ability to deliversolutions to the mobile and wireless industry. We are continuing to develop applications for multiple platforms and handsets. This has allowed us to fill the carrier pipeline with "Powered by BlueFue" applications. As the mobile and wireless market matures, we are poised to reap the rewards in terms of monthly revenues.

      We are well on our way to achieving our 2002 business development goals of obtaining five U.S.-based carriers (Verizon, ALLTEL, U.S. Cellular, AT&T already signed) and one international carrier (NetCom also signed). In addition, we have executed deals with content providers to supply many sought-after applications such as photo messaging, financial information, news, traffic, and astrological data. We are advancing in our efforts to sign revenue-generating contracts with some of the most recognizable and prominent brands, and this affiliation will greatly enhance our position in the market.

      It is now time to raise the bar! In 2003, I expect to advance Summus to the next level in its evolution. I intend to accomplish this by adding seven additional carriers in 2003, five of which will be located outside the U.S. During the first half of 2003, I intend to sign three infrastructure/middleware contracts and execute one additional contract with an MVNO. In the first quarter of 2003, we plan to launch a revised version of exego that will seamlessly integrate into our proposed middleware solutions and enhance the multimedia messaging capabilities of our carrier partners.

      To accomplish our ambitions, we will need to execute on our business plan and strategy. By the middle of the second quarter of 2003, I expect our products and services to generate sufficient revenues for us to become cash flow positive. This will enable us to expand our products and services and accomplish our business objectives. As part of our business strategy, we also plan to open a sales office in Europe in 2003. In addition, we expect to develop a significant partnership for the distribution of Summus products and services in the Asian market.

      POSITIONING
      As you know, we are in the process of establishing BlueFuel as the platform for the emerging mobile and wireless market. This process was started well over a year ago with the development of new technologies and refinement of existing Summus capabilities. As this process continued, we embarked on the development of consumer applications, both our own as well those developed with our partners. Our first application, exego, was launched about six months ago on the Verizon Wireless network on one handset (the Sharp Z-800). Today, we are pursuing more than a dozen applications on over fifteen handsets.

      This first phase has allowed us to extract, refine and prove aspects of BlueFuel, which are necessary for it to become an integral part of the mobile and wireless infrastructure. We are now ready to continue with the second phase: the introduction of BlueFuel as a solutions platform for several challenges facing this market. More specifically, we are positioning BlueFuel as a so-called middleware component. This means that BlueFuel will enable the different players in this market to more efficiently utilize the pipeline for data services provided by the carriers. BlueFuel offers, among several other benefits, quicker time-to-market and more rapid adoption of new services.

      Based on recent activities, I believe BlueFuel will play a major role as a middleware solution and as a platform for efficient information processing as different types of data services mature. The first wave of such services has already arrived on the market and includes ring tones, photo-messaging and gaming. These are likely to soon be followed by location-based services.

      We predicted the photo-messaging wave more than a year ago. In anticipation of this, we incorporated a number of advanced photo- messaging features in exego. Summus then successfully partnered with Snapfish, a leading photo portal, and launched a photo application, Snapfish Mobile –Powered by BlueFuel. Now, a year later, we are seeing carriers, handset manufacturers and content providers focusing on photo-messaging through Multimedia Messaging Services (MMS). MMS is an emerging standard, which extends email, Short Messaging Services, and Instant Messaging. MMS allows the subscriber to send and receive media messages that include text, sound, images and video. We are now in a strong position to leverage BlueFuel to quickly make MMS available to consumers and facilitate rapid market adoption. As a result, we have seen a surge in the interest in BlueFuel as a middleware solution for MMS, and we are currently pursuing a host of opportunities.

      From a revenue perspective, this is quite exciting! The first phase, offering end-user applications, is a solid and relatively low-risk path to revenues, and we are well positioned when the market matures. The second phase is significantly more ambitious, and I believe its revenue potential is outstanding. Given the fact that MMS has so recently become a priority for the participants in the wireless space, it is very encouraging that we are already in discussions about MMS and related services with many leading wireless companies. Some of the projects we are currently pursuing include:

      1. Implementing advanced MMS capabilities by leveraging the features and functions Summus already offers in exego and Snapfish Mobile.
      2. Implementing a photo-services middleware solution that creates a standardized way to connect devices to content services such as photo portals, print services, and location-based services.
      3. Implementing our MMS client application as a preload on a variety of manufacturers` handsets that will support new handset functionality, such as the new camera phones, while providing compatibility with legacy handsets.

      The middleware business model will involve transaction-based fees, licensing and revenue sharing. What is particularly attractive from the revenue perspective is that, as an infrastructure component, the BlueFuel solution becomes built into every item sold, with the associated high volumes. Furthermore, BlueFuel may then become a gateway for all of the other participants in this market. As a result, revenues are expected to be at least an order of magnitude higher than our application model. It does not take a mathematician to extrapolate, add up the numbers, and realize the potential impact on our revenues.

      BUSINESS DEVELOPMENT
      Summus` business opportunities are developing at an increasing rate. Our sales and business development team has done an outstanding job of positioning us with some of today`s most recognized brands.

      Mobile Virtual Network Operators (MVNOs) Mobile Virtual Network Operators represent an excellent early stage market opportunity for Summus to provide a complete solution to the end-user. Our standard offering to MVNO`s includes a bundle of preloaded applications on targeted handsets as well as providing access to other Summus premium services and customized development. In addition, Summus will offer its middleware products to the MVNO`s. This will allow MVNO`s to provide interoperability with carriers and simplified integration of new multimedia content and services. The business model for MVNO`s will include guaranteed revenue to Summus for preloaded applications and revenue sharing for downloaded, premium applications. Preloaded applications will generate revenue ranging from $1.00 to $2.00 per handset per month. Price points for preloaded applications will be determined primarily by the type of applications included in each bundle. We are structuring the business model for our middleware products to be a combination of licensing fees and revenue sharing. The revenue split Summus will receive for the premium services will generally be in the range of 30 to 75 percent of the net revenue generated from each premium service. This is a very profitable business model, and we are aggressively pursing additional MVNO`s.

      The value to Summus of each MVNO will vary. In the case of Single Touch, our first MVNO partner, we estimate that our revenue opportunity in 2003 will be in excess of $2.0M; however, achieving such revenues will be dependent upon the rollout by Single Touch of additional branded phones (like the World Wrestling Entertainment model), as well as the adoption of the base and premium offerings by its subscriber base. Single Touch has already expanded the number of handsets it is targeting to deploy and is shifting its mix towards more color handsets. In addition, Single Touch is aggressively advertising in retail stores and in millions of issues of consumer and technical catalogs. I am pleased to be working with Single Touch and look forward to expanding our relationship as its business grows.

      Bundling of Content
      We intend to bundle valuable content with exego to provide added value to users. This will create complementary revenue streams, especially when combined with BlueFuel enhanced standalone applications. One example is our recently announced agreement with Astrology.com. The daily horoscope content includes 20 types of horoscopes based on consumer interests such as romance, teens and technology. Astrology.com will be offered as both a standalone application as well as integrated into a future version of exego.

      Astrology.Com reports that over 70 million people read their horoscopes on a daily basis, reflecting the fact that horoscopes represent one of the most popular data services today. Our agreement with Astrology.com is a variable-cost agreement that reduces our costs as the subscriptio n base increases. Revenue splits with the carrier and QUALCOMM are in line with the standard BREW business model, whereby Summus will receive 60 to 70 percent of the retail price of the application. There is no revenue sharing with Astrology.com. Pricing for this application will be determined prior to its launch, which we expect to occur in the first quarter of 2003. Typical pricing for this type of service is between $.75 and $2.00 per month. We estimate that this relationship will generate over $1.5M in revenue in 2003.

      Previously announced contracts with the Associated Press, Fast Search & Transfer and ServiceObjects follow the same general business model as described above. Contracts with content providers such as Iteris, FreeRealTime.com and FunCaster.com provide their content to us at no cost. Net revenue earned is allocated between Summus and these respective content providers after Summus recovers its development costs. Typical splits are in the range of 40 to 60 percent of net revenue to Summus. We estimate that these announced partner applications will generate over $3M in revenue in 2003.

      We continue to negotiate with a worldwide leader in branded media content to develop multiple applications. Progress has been slow as this potential partner internally evaluates its strategy to enter the wireless environment. Recently, several steps forward have helped us make significant headway in our pursuit of this potential long term relationship. I am very optimistic about achieving our objective in securing this opportunity before the end of 2002.

      Gaming
      Gaming is considered one of the hottest application areas for wireless handsets. According to a new study by IDC, the number of mobile gamers in the U.S. is expected to skyrocket from 7 million in 2002 to 71.2 million in 2007. U.S. mobile gaming revenues are expected to grow from $130 million in 2002 to $4 billion by 2007. This study claims that the growth in mobile gaming will be driven by improved handsets (with better processors and color displays) and faster network connections. The study also predicts that improved gaming content (made possible by platforms like J2ME) will drive mobile subscribers to use their phones as gaming devices.

      BlueFuel provides a richer and more enjoyable gaming experience for end-users. We continue to expand our relationship with ZIO Interactive to provide a steady rollout of games on multiple platforms. We are also in discussions with several other game providers to incorporate BlueFuel into their products and distribute their games on multiple wireless platforms. Through our affiliation with multiple gaming companies, we are able to propagate our brand name while sharing in the revenue. Revenue sharing is typically in the range of 35 to 65 percent of net revenues to Summus, which is dependent upon the level of Summus` development or modifications of the application required before deployment. Our game-pricing model is either a monthly subscription or a one-time purchase at a multiple of 2.5 times the monthly subscription price.

      Photo Portals
      Our relationship with Snapfish is moving forward according to plan and has expanded beyond our initial expectations. Snapfish is a significant strategic partner, and this partnership has helped to enhance relationships with several additional carriers. Solidifying this relationship was a key component in implementing our photo- messaging strategy, whereby Summus` solutions will provide the infrastructure for interactivity throughout the value chain. We have announced the availability of Snapfish Mobile - Powered by BlueFuel with AT&T. We are currently awaiting test results, which will allow us to make Snapfish Mobile available to BREW carriers. We are also aggressively pursing additional photo portals in the U.S. as well as broadening our scope through the pursuit of leading European photo portals.

      Our business model in this area consists of a revenue share with a floor price, which guarantees us a minimum revenue component. Final pricing for the BREW version of Snapfish has not been established, but we expect the application to be priced on a monthly subscription basis, in the range of $1.99 to $2.99. We anticipate Snapfish Mobile to be launched on BREW before the end of 2002. Our revenue from our photo portal partners is estimated to exceed $1.5M in 2003. Additionally, it appears that the market will soon be flooded with camera phones, and it is our intent to capitalize on this event.

      Carriers
      We expect to meet or exceed our goals of securing multiple carriers and content providers before the end of the fourth quarter 2002. Further, we are pleased that our strengthening relationships with carriers is leading us to expanded opportunities beyond exego, including content-related projects built on top of BlueFuel.

      Our pilot program with NetCom is progressing according to plan. Currently, NetCom is testing exego on two specific platforms. We have received feedback that the pilot is going very well, and NetCom is extremely happy with the progress. As a result, we are currently defining a plan to enhance Summus` offering and strategically align our product offerings with NetCom`s requirements. Revenues from this effort are earned on a milestone basis. We anticipate moving to a revenue-sharing and licensing agreement with NetCom for BlueFuel and exego in the first quarter of 2003. I expect revenue from this contract to begin gaining momentum in the third quarter of 2003, and I estimate these revenues from NetCom to be in the range of $.25M - $1M in 2003.

      PRODUCT LAUNCHES
      I am very pleased to announce that Verizon has included version 1.5 of exego in its BREW shop. exego v. 1.5 incorporates new features such as type-select navigation, slideshows, forms to improve usability and speed, instant exchange alerts and a streamlined login process. There has been a significant increase in end-users evaluating and purchasing the exego application. We have observed an average daily increase in evaluations of exego of five percent and a purchase rate of just over six percent. Given the infancy of this market, I find these numbers very encouraging. Not only are we growing our subscriber base, we are doing so in a constrained market with only one carrier in a national rollout phase with limited handsets. As additional carriers deploy nationally and with increased awareness via multiple carrier advertising, I am confident about Summus` position. With handset availability increasing and carrier promotions ramping up, I expect to see a steady increase in the adoption rate of exego. To further support this, we are planning a new release of exego in the first quarter of 2003 that will incorporate superior functionality and usability for the end-user.

      Our applications have done exceptionally well compared to other available applications. Currently, two of our applications, exego and Nineball, are in the top five percent of all applications sold in the BREW shop.

      In addition to these applications, Summus has submitted for certification and is awaiting deployment of several additional applications. The table below illustrates the various Summus applications, available platforms, targeted carriers, and the handsets each application currently runs on. Not all handsets can be listed since they have not been officially released. The deployment of a particular application and handset is ultimately decided by the
      carrier.

      Application exego v. 1.5
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Sony Ericsson T68i, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX- 10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530, Compaq Ipaq,Palm VII
      TargetedPlatform
      BREW, J2ME, Symbian OS, PocketPC, WAP,PalmOS

      FunCaster Greetings
      Targeted Carrier
      Verizon, ALLTEL, Single Touch
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME

      ZIO Ultimate Golf Challenge
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME

      ZIO NineBall
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME

      Snapfish Mobile
      Targeted Carrier
      Verizon, ALLTEL, AT&T, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME, WAP

      Package Tracker
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME

      ATM Finder
      Targeted Carrier
      Verizon, ALLTEL, AT&T, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME

      Downloader
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China
      Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME

      Stock Tracker
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME

      Iteris Traffic
      Targeted Carrier
      Verizon, ALLTEL, AT&T, Single Touch, U.S. Cellular,
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, Symbian OS

      Free Real Time Stock
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME, Symbian OS

      AP Alerts
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME, Symbian OS

      WWE Alerts
      Targeted Carrier
      Single Touch
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME

      Astrology
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME, Symbian OS

      Fast Search& Transfer
      Targeted Carrier
      Verizon, ALLTEL, AT&T, NetCom, Single Touch, Nextel, U.S. Cellular, Cingular, Sprint, Telstra, O2, Telefonica, TelSP, China Mobile, China Unicom, Bell Mobility
      Potential Device
      Verizon Z800, Motorola T720, Nokia 7650, Nokia 3650, Kyocera 3035, Kyocera 3225, Kyocera 3245, Toshiba CDM9500, LG VX-10, LG VX4400, Motorola i95cl, Nokia 7210, Samsung SCH-530
      TargetedPlatform
      BREW, J2ME, Symbian OS

      We are aggressively pursuing other carriers to expand our subscriber base as quickly as possible. We have announced our agreements with U.S. Cellular and Single Touch and the availability of Snapfish Mobile on AT&T. We anticipate having additional carriers using our applications before the end of the 2002. In addition, in the long term we plan to market all of the applications mentioned above to all
      carriers.

      PRODUCT DEVELOPMENT PROGRESS
      Our effort to port our exego application to the JavaTM 2 Platform, Micro Edition (J2METM) has been completed. I anticipate having a J2ME commercial offering submitted to a U.S. carrier for testing in the first quarter of 2003.

      In addition to our efforts to port to J2ME, we accelerated our strategy to supply our applications across multiple platforms. We have completed the porting of exego to the Symbian operating system. The Symbian development effort will open up our applications to the native Nokia handset marketplace. Our target is to have carrier agreements to commercially deploy exego on the Symbian platform before the end of the first quarter of 2003.

      Now that the Symbian port is completed, we will have exego and specific partner applications running and commercially available on BREW, J2ME, PocketPC, J2ME/Symbian, native Symbian, and Palm OS. In addition to these operating environments, we are testing our applications on over 15 handsets to be deployed by several carriers. Our progress will position us well in the coming year to meet our revenue targets.

      I note that commercial availability of applications can be affected by a number of factors, including but not limited to NSTL certification, program bugs, carrier marketing programs, carrier testing, and handset availability. This process has certainly taken longer than we anticipated; however, I assure you we are responding quickly to any issues within our control. For example, recently a small bug inside our ZIO games resulted in these games being sidelined from the BREW shop. Within three days, we, together with our Korean partners, had resolved the problem. The games were submitted for retesting, which was successfully completed without our further intervention.

      MARKETING
      Public Relations
      We continue to make significant headway in building a solid industry presence. We are accomplishing this through the effective planning and execution of sound public relations and marketing strategies. Our past announcements of our relationship with U.S. Cellular, the availability of Snapfish on AT&T and WAP, and Verizon`s launch of Ultimate Golf Challenge and Nineball have resulted in over 100 media outlets reporting on these press releases. Snapfish Mobile was mentioned in a Wall Street Journal article on new mobile picture initiatives and has appeared in a feature article in the November issue of iMode magazine.

      As part of the recent activities alluded to in the Positioning section we are receiving important validation of Bluefuel and its current role. This validation is also expressed in a recent press article in the November 22, 2002 edition of the Philadelphia Inquirer, which mentions the BlueFuel technology on the Nokia series 60 handsets demonstrated at COMDEX.

      Summus has been accepted as a Select BREW™ Developer in QUALCOMM`S BREW Developer Alliance Program. Our participation requires a small fee, but membership provides us with many benefits. Through the program`s co-op marketing support, we will be eligible to receive reimbursement of 25 percent of funds (up to $50,000 annually) for marketing programs initiated by us that adhere to QUALCOMM`s guidelines. In addition, we receive professional assistance with media pitches, timeline and trade show participation, discounts on the developer lab and discounts on fees associated with NSTL submissions. QUALCOMM has been an exceptional partner to work with, and we feel confident we can achieve an even higher Developer Alliance status in 2003.

      Trade Shows
      We were recently chosen as one of eight BREW development partners to participate in QUALCOMM`s booth at CTIA. Our involvement at CTIA was extremely valuable as we demonstrated the power of BlueFuel-enhanced applications. While at CTIA, we briefed top industry analysts who provided us with mostly positive feedback regarding our progress and vision. This feedback has been invaluable as we bring products to market. QUALCOMM will also be demonstrating Summus` applications at upcoming tradeshows in China and South America.

      We have been participating in Nokia`s partner pavilion at COMDEX this past week. We were demonstrating an integrated version of exego v. 1.5 on Symbian OS using the Nokia 3650 camera phone. We are in the process of finalizing our partner commitments for CES, and we will announce our participation and location as soon as it becomes available.

      Promotions
      Verizon selected our Nineball application to be featured on Verizon`s "Free Up" packaging and collateral. "Free Up" is Verizon`s new prepaid service, and a Nineball screenshot is one of six applications featured on the box and in store collateral. We are also included in Verizon`s rolling demo that can be seen at selected sporting events.

      ALLTEL has chosen exego to be included in its in-store BREW marketing collateral. This collateral will be available in select ALLTEL stores in the coming weeks and in all stores if they officially launch BREW.

      Our efforts to promote Summus` solutions are increasing, and I look forward to the next several months of increased activities to build brand awareness. As part of our awareness-building initiatives, we are in the process of redesigning our corporate website to more accurately reflect the vision and strategy of the Company. We anticipate rolling this out early in the first quarter of 2003.

      Announcements
      The announcement of our relationship with the Associated Press has provided significant visibility for Summus, and we have been contacted by the media for comments and interviews regarding this association. Summus` affiliation with AP has also provided a springboard for several other content and infrastructure opportunities with recognized brands.

      ORGANIZATIONAL CHANGES
      We are making great progress as a company and continue to systematically build our business. We recently added Sam Pasquale to our staff. Sam will be responsible for various projects to aid our business development, marketing and product management. He has extensive experience in the telecommunications and wireless industry, and he has successfully managed several software solutions from concept to global market deployment. Prior to joining Summus, Sam was responsible for defining and managing the introduction of the 2.5G and 3G wireless service solutions for Tekelec. As a product manager with Nortel Networks, he directed the global introduction of carriers` products and features for enterprise and public market segments. He has degrees in economics and business management from North Carolina State University and has completed graduate coursework at Duke University.

      In addition, we have strengthened our product development staff to support our J2ME and Symbian OS strategy.

      INVESTOR RELATIONS
      Summus has implemented a program to engage brokers throughout the country to bring visibility to our company. To date, Summus has met with and developed relationships with over 300 brokers representing over 20 companies. As a result, we have seen an increase in trading volume, and several of the market makers that were holding our stock price down have reduced their activity. In addition, we have engaged a market maker and will continue to escalate our activities in this area. In October and November, we participated in broker-only conference calls, which were very well received. Information disseminated in these calls is public information that is available in our public filings, press releases and on our website. We have also updated our website to include our investor profile. This profile outlines Summus` strategy, technology and management team. You can download a copy of the profile by visiting http://www.summus.com/company/shareholders/ and selecting "Investor Profile" from the menu.

      There are several important steps that must be taken to increase our shareholder value. First and foremost is the need to secure, announce and deliver compelling end-user driven solutions and revenue- generating agreements. Secondly, we must establish name recognition by increasing our marketing and branding initiatives with carriers and partners. Finally, we must engage market makers and analysts and educate them on Summus` opportunity in this emerging market.

      There are still barriers to overcome; however, all of us at Summus are very confident that if we execute on our business strategy, we will see a resulting increase in shareholder value.

      Dresner Corporate Services, our investor relations firm, has made a change to its primary contact for shareholder questions. For information on how to contact Dresner Corporate Services, please visit our website at http://www.summus.com/company/contact/. I also encourage shareholders to send questions to shareholders@s...

      COMPANY CAPITALIZATION
      Management is currently evaluating alternatives to address prospective fund-raising activities. In addition, we are exploring options that address the current number of issued and outstanding shares of our common stock and warrants. We realize that the Company may need to continue its fund-raising efforts through the issuance of its debt and equity securities until such time as our operations produce positive cash flow. We are also aware of the number of available shares of common stock under the Company`s current charter. Our intention is to evaluate different financing alternatives that will provide funding to the Company and, at the same time, result in minimal dilution to the shareholders.

      PATENTS
      Over the past several months, we have submitted eight provisional patents and one patent application in the areas of data processing, data compression and user interface. It is extremely important that we protect our ideas and processes to help create long-term value and sustain our competitive advantage.

      Finally, I want to thank everyone who participated in the conference call last week. Your continued support of Summus is greatly appreciated. We will strive to keep you apprised of our Company`s progress.
      Avatar
      schrieb am 27.11.02 20:26:58
      Beitrag Nr. 28 ()
      Heute gab der US-Carrier Alltel bekannt, 3 Applikationen von Summus zu nutzen. Exego, Snapfishmobile und Grußkarten sollen nun über das Handy CDM 9500 laufen. Alltel ist ein amerikanischer Carrier mit 7,5 Millionen Kunden, welche Qualcomms BREW-Wirelessplatform nutzt.

      Hier die PR:

      ALLTEL offers BREW service across digital coverage area
      Wednesday November 27, 8:30 am ET
      New color-screen handset, applications enhance wireless service


      LITTLE ROCK, Ark.--(BUSINESS WIRE)--Nov. 27, 2002--ALLTEL (NYSE:AT - News) wireless customers can soon download a variety of games and other services to their phones for use anytime with a new service available in all digital markets.
      Beginning Friday, customers will be able to download games, e-mail, ring tones and picture-sharing applications. The games include some of the newest titles such as SEGA Snowboarding - a game exclusively available to ALLTEL customers.

      "ALLTEL digital customers can now enhance the value and enjoyment of their wireless service with the ability to download games and other applications to their phone for use anytime," said Philip Junker, ALLTEL`s executive vice president of marketing. "Introducing the color-screen handset and applications continues ALLTEL`s tradition of connecting customers to the latest in communications technology."

      The service is powered by QUALCOMM`s Binary Runtime Environment for Wireless (BREW) platform. In addition, ALLTEL is introducing a new handset model, the Toshiba CDM9500, featuring a color screen compatible with the new service.

      Content providers and applications available for the service include:

      Games from EA Sports, Gameloft, Mobliss, JAMDAT Mobile, Sega Mobile and Thumbworks;
      Forbes.com financial news and information from SmartServ;
      Ring tones from Faith Inc. and Moviso;
      Picture sharing and mobile greeting cards from Summus; and
      E-mail access from Single Touch.
      Customers need a BREW-enabled handset to access the service. Customers are charged for each application downloaded and the airtime required for downloading, about two or three minutes on average. Pricing for applications varies and includes options for a monthly subscription or a one-time charge for unlimited use.

      For more information on ALLTEL`s BREW service, customers can call 1-800-255-8351 or visit www.alltel.com/brew.

      ALLTEL, with more than 12 million communications customers and more than $7.7 billion in revenues, is a leader in the communications and information services industries. ALLTEL has communications customers in 26 states and provides information services to telecommunications, financial and mortgage clients in more than 50 countries.

      ALLTEL, NYSE: AT

      www.alltel.com
      Avatar
      schrieb am 29.11.02 08:27:04
      Beitrag Nr. 29 ()
      Udo, + die Summus/ZIO-Spiele 9ball und ultimate golf.

      See: http://www.alltel.net/servlet/BrewRatingsServlet?gameKey=&tr…

      Das ganze ist z.Zt. erhältlich auf den Handys Kyocera 3035 und Toshiba CDM9500. Mehr geeignete Handys sollen laut Alltel in Kürze hinzukommen :lick:

      Axel
      Avatar
      schrieb am 29.11.02 10:39:42
      Beitrag Nr. 30 ()
      Axel, Exego ist auch auf der Alltelwebpage als dritte Applikation dabei. Interessant sind die Ratings der Applikationen auf der Page , die man abgeben kann. Nineball mit höchstem Prädikat 5 Sterne, Ultimative Golf und Exego erhalten immerhin noch 4 Sterne. Mit Alltel vertreibt aktiv neben Verizon der 2. Carrier unsere Produkte. Damit können wir über 38 Milklionen mögliche Kunden ansprechen. Vor Weihnachten mit Sicherheit nicht schlecht, ein paar Extra-Bucks sollten fließen.

      Hier der Link: http://www.alltel.net/servlet/BrewRatingsServlet?gameKey=&tr…

      und http://www.alltel.net/brew/index.html
      Letzter Link spricht von Top Applikation Exego.

      Grüße aus Kölle
      Udo
      Avatar
      schrieb am 02.12.02 23:45:32
      Beitrag Nr. 31 ()
      Nun ist es auch aus der Summus Sicht amtlich: Wir sind mit 5 Applikationen bei Alltel vertreten. Exego ist bereits schon länger auf Alltel erhältlich. Zuzüglich die Spiele Ultimate Golf, Nine Ball, als auch die Fotoapplikation Snapfishmobile und Funcaster Greetings Card. Für die beiden letzt genannten Applikationen bedeutet die Verwendung auf Alltels Platform zugleich den Erhalt der BREW-Zertifizierung. Der kurs stieg auf .55 Cent.

      Hier die PR`s:

      SUMMUS OFFERS MORE APPLICATIONS TO ALLTEL CUSTOMERS

      Three New Applications Powered By BlueFuel™ Now Available

      Raleigh, NC and San Francisco, Calif. — December 2, 2002 — Summus, Inc. (USA) (OTCBB: SUMU), a leading provider of solutions that change the way information is communicated and processed through mobile devices and networks, today announced that ALLTEL (NYSE: AT) will offer three additional Summus applications - FunCaster Mobile™ and ZIO Interactive`s Ultimate Golf Challenge™ and Nineball™. All three applications are powered by BlueFuel, Summus` Superfast, Superthin™ platform designed for efficient and easy interaction with information in the mobile environment.

      "We are excited to offer ALLTEL a new suite of applications powered by BlueFuel," said Chris Kremer, Executive Vice President of Sales and Business Development at Summus. "As our business strategy evolves, we are touching more customers through our carrier relationships while demonstrating BlueFuel`s value for a wide range of wireless applications."

      FunCaster Mobile™, a mobile greeting card application, lets customers easily select an appropriate message from common greeting categories, edit the message and send a personalized greeting card from their mobile phones directly to a recipient`s email address. The greeting is delivered to the recipient who can respond with a follow-up sentiment, phone call or e-mail. FunCaster Mobile features a wide selection of over 200 greeting cards for all occasions with themes in all of the major categories: holidays, events, business, expressive, and special occasions.

      ZIO Interactive Ultimate Golf Challenge allows customers of any handicap to experience the challenges of skill and decision-making faced on a real 18-hole golf course. The game allows customers to negotiate around trees, sand traps and slopes of the green and even deal with wind conditions. Players are given the option to select their club, determine how hard to hit the ball and choose to add a fade or a draw. The game`s features add up to a great playing experience that is not only fun and easy to learn, but also a challenge to master.

      ZIO Interactive Nineball lets players compete against a friend or challenge a virtual opponent. Players can select the direction and strength of the shot from very soft to very hard and everything in between. Players can even add "English" to control their shots like professionals. ZIO Interactive`s Nineball and Ultimate Golf Challenge are powered by BlueFuel and distributed in North America by Summus.

      ALLTEL will offer the applications as part of the company`s new wireless application service based on QUALCOMM`s Binary Runtime Environment for Wireless (BREW™) platform. The applications will be available on BREW-capable phones in ALLTEL`s digital coverage area.

      und:

      ALLTEL CUSTOMERS CAN NOW SHARE PHOTOS ON THEIR WIRELESS PHONES VIA SNAPFISH MOBILE™ POWERED BY BLUEFUEL™

      ALLTEL Customers Can Now Share, Print and Store Photos Wherever They Go

      Raleigh, NC and San Francisco, Calif. — December 2, 2002 — Summus, Inc. (USA) (OTCBB: SUMU), a leading provider of solutions that change the way information is communicated and processed through mobile devices and networks, and Snapfish, the nation`s leading online photo service, today announced that Snapfish Mobile, a new mobile personal photo-sharing application is now available to ALLTEL digital wireless customers.

      Snapfish Mobile - Powered by BlueFuel allows customers to share, print and store photos right from their mobile phones. In addition to digital camera prints, even traditional film photos can be shared via subscribers` mobile devices. Snapfish can also be accessed from any Web browser. When subscribers send their film to Snapfish for processing, they receive back their prints and negatives, then the images are scanned into online photo albums. These photos albums are accessible through Snapfish Mobile just like digital camera photos. ALLTEL customers can access their Snapfish accounts from their wireless handsets. BlueFuel is Summus` Superfast, Superthin™ platform designed for efficient and easy interaction with information in the mobile environment.

      "ALLTEL customers can now experience the power and ease of Snapfish Mobile," said Bjorn Jawerth, CEO at Summus. "Snapfish Mobile - Powered by BlueFuel will give ALLTEL customers the most convenient way to view, send and share photos with a reliable, high quality multimedia experience."

      "Snapfish Mobile - Powered by BlueFuel provides complete access to your film and digital photos," says Rajil Kapoor, the company`s president and co-founder. "It`s like carrying your entire set of photo albums with you."

      To access the photo application, customers will need a wireless handset compatible with ALLTEL`s wireless application service. As an introduction to Snapfish Mobile, customers can get their first roll of film developed free and receive ten free digital camera prints.

      About Snapfish

      With over four million members and more than 85 million photos online, Snapfish is the nation`s leading online photo service. Snapfish provides the majority of the population owning film cameras and the growing base of digital camera users with a value proposition that cannot be equaled. When customers send film to Snapfish, they get a full set of prints on Kodak paper and a password-protected online album they can use to edit, share and store their photos - all for $2.99 per roll. Digital camera users can also take advantage of online services for free and order film-quality prints, on Kodak paper, for as low as 25 cents each. Snapfish has been rated the number one online photo service in surveys from PC Data and received top quality ratings from Popular Photography and Yahoo! Internet Life. Additional information is available at www.snapfish.com.

      About Summus

      Summus, Inc. (USA), based in Raleigh, N.C., has developed a series of solutions to change the way information is communicated and processed through mobile and wireless networks. Summus offers a host of products and services based on its BlueFuel™ platform that enable wireless users to access multimedia services faster and on a wider range of mobile devices. exego™ is a Summus mobile application, powered by BlueFuel, that gives users the ability to access, share, and transfer files and digital multimedia information of any size to and from any location in the world via their mobile phone or PDA. For more information, visit www.summus.com.

      Grüße aus Kölle
      Udo
      Avatar
      schrieb am 07.12.02 20:12:52
      Beitrag Nr. 32 ()
      Summus stieg vom normalen Entwicklerstatuts für Qualcomms BREW-Platform in die Riege der ausgesuchten Entwickler auf.
      Siehe auch http://www.qualcomm.com/brew/developer/devdir/devdir.html

      Hier die dazugehörige PR:


      SUMMUS RECOGNIZED BY QUALCOMM AS SELECT BREW DEVELOPER

      Raleigh, NC — December 3, 2002 — Summus, Inc. (USA) (OTCBB: SUMU), a leading provider of solutions that change the way information is communicated and processed through mobile devices and networks, today announced the company has been recognized as a "Select BREW™ Developer" as part of QUALCOMM`s BREW Alliance Program. The BREW Alliance Program provides support to developers throughout the entire process of creating and marketing wireless applications.

      Summus has developed numerous applications based on QUALCOMM`s Binary Runtime Environment for Wireless™ (BREW) platform. The applications, powered by BlueFuel, include exego™, ZIO Interactive`s Ultimate Golf Challenge™, Nineball™, Snapfish Mobile™, FunCaster Greetings™, Package Tracker and Stock Tracker. BlueFuel is Summus` Superfast, Superthin™ platform designed for efficient and easy interaction with information in the mobile environment.

      "Summus has always had a great relationship with QUALCOMM, and we are very excited to expand our association with QUALCOMM`s BREW team," said Björn Jawerth, CEO of Summus. "This announcement is a show of confidence from QUALCOMM in the quality of applications powered by BlueFuel and of its continuing commitment to creating and supporting a robust developer community."

      "QUALCOMM values the developer community and acknowledges those, like Summus, who continue to push the envelope and contribute to the growth and success of wireless data," said Gina Lombardi, senior vice president of marketing and product management, QUALCOMM Internet Services. "Summus continues to drive innovation in multimedia services for the BREW platform, and we are impressed by the company`s dedication to developing compelling BREW applications."

      About BREW

      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.

      About Summus

      Summus, Inc. (USA), based in Raleigh, N.C., has developed a series of solutions to change the way information is communicated and processed through mobile and wireless networks. Summus offers a host of products and services based on its BlueFuel™ platform that enable wireless users to access multimedia services faster and on a wider range of mobile devices. exego™ is a Summus mobile application, powered by BlueFuel, that gives users the ability to access, share, and transfer files and digital multimedia information of any size to and from any location in the world via their mobile phone or PDA. For more information, visit http://www.summus.com.


      Grüße aus Kölle
      Udo
      Avatar
      schrieb am 08.12.02 10:32:29
      Beitrag Nr. 33 ()
      Deiner partnerin und Dir meine herzlichsten glueckwuensche

      Deinem sohn alles gute

      und vor allen dingen gesundheit

      saludos...bd
      Avatar
      schrieb am 17.12.02 20:53:46
      Beitrag Nr. 34 ()
      SNAPFISH AND SUMMUS PARTNER WITH CELLMANIA TO OFFER SNAPFISH MOBILE - POWERED BY BLUEFUEL™ AS PREMIUM SERVICE

      Cingular Customers Can Now Share, Print and Store Photos Wherever They Go

      Raleigh, NC — December 17, 2002 — Summus, Inc. (USA) (OTCBB: SUMU), a leading provider of solutions that change the way information is communicated and processed through mobile devices and networks, and Snapfish, the nation`s leading online photo service, today announced the availability of Snapfish Mobile - Powered by BlueFuel to consumers via the Cellmania mFinder™ and mBilling™ platform. Cellmania`s premium applications are available to Cingular Wireless subscribers at http://cingular.cellmania.com/web/premium_apps.jsp.

      Snapfish Mobile - Powered by BlueFuel allows customers to share, print and store photos right from their mobile phones. In addition to digital camera prints, even traditional film photos can be shared via mobile phones. When subscribers send their film to Snapfish, they receive back their prints and negatives, plus images are scanned into an online album. These photos are accessible through Snapfish Mobile - Powered by BlueFuel just like digital camera photos. Subscribers can access their Snapfish account seamlessly from their phones and use the various features they are familiar with on the Web.

      "We`re very pleased that Cellmania has recognized Snapfish Mobile - Powered by BlueFuel as a compelling application that will add value and flexibility to Cingular subscribers," said Björn Jawerth, CEO of Summus. "Summus continues to provide carriers immediate revenue-generating services and subscribers with an exceptional user experience when using applications powered by BlueFuel."

      "Cingular Wireless customers will now have complete access to all of their film and digital photos wherever they go," said Raj Kapoor, president and co-founder of Snapfish.

      "Photos are just the kind of application that will drive more users to wireless data. We are pleased to work with Summus and Snapfish to offer this capability to Cingular customers," said Neerav Berry, COO and Co-founder of Cellmania.

      BlueFuel is Summus` Superfast, Superthin™ platform designed for efficient and easy interaction with information in the mobile environment. Application developers and content providers partner with Summus to build applications powered by BlueFuel for distribution on carrier networks. BlueFuel enables companies to achieve quicker time to market and gives consumers a reliable, high quality multimedia experience on their mobile devices.

      About Cellmania, Inc.

      Cellmania is the leading provider of technologies needed to provision, download and bill for wireless applications. Using Cellmania mFinder™ search and over-the-air download technology, wireless operators can provide their customers access to more than 40,000 mobile applications of various types including WAP, J2ME, SMS, Smartphone and PocketPC. Cellmania mBilling™ micro-billing intermediation technology allows mobile operators to bill on behalf of developers. By using Cellmania mBilling mobile operators can bill on behalf of more than 20,000 wireless developers that Cellmania has relationships with.

      All Cellmania solutions are based on open standards for rapid integration, deployment and scalability. Cellmania`s mobile customers include: AT&T Wireless, Cingular Wireless, Vodafone, Motorola, Telstra, Orange Hutchison, Microsoft, Openwave and VeriSign. For more information please visit www.cellmania.com or call: 650-210-3826.

      About Snapfish

      With over four million members and more than 85 million photos online, Snapfish is the leading online photo service. Snapfish provides the majority of the population owning film cameras and the growing base of digital camera users, with a value proposition that cannot be equaled. When customers send film to Snapfish, they get a full set of prints on Kodak paper and a password-protected online album they can use to edit, share and store their photos - all for $2.99 per roll. Digital camera users can also take advantage of online services for free and order film-quality prints, on Kodak paper, for as low as 25 cents each. Snapfish has been rated the number one online photo service in surveys from PC Data and received top quality ratings from Popular Photography and Yahoo! Internet Life. Additional information is available at www.snapfish.com.

      About Summus

      Summus, Inc. (USA), based in Raleigh, N.C., has developed a series of solutions to change the way information is communicated and processed through mobile and wireless networks. Summus offers a host of products and services based on its BlueFuel™ platform that enable wireless users to access multimedia services faster and on a wider range of mobile devices. exego™ is a Summus mobile application, powered by BlueFuel, that gives users the ability to access, share, and transfer files and digital multimedia information of any size to and from any location in the world via their mobile phone or PDA. 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; Superfast, Superthin; and exego are registered trademarks and / or trademarks of Summus, Inc. (USA) Select BREW and BREW are trademarks of QUALCOMM Incorporated. All other company or product names are trademarks and/or registered trademarks of their respective owners.
      Avatar
      schrieb am 19.12.02 17:36:49
      Beitrag Nr. 35 ()
      Summus positioniert sich mit Fotoapplikationen im mobilen Telekommunikationssektor

      Snapfishmobile wird nun auch für Cingular angeboten. Cingular ist der drittgrößte Carrier in den USA. Mit diesem Deal kann Summus nun für etwa 80 Millionen Kunden Fotosharing mit ihren Applikationen Snapfishmobile und Exego an den Mann bringen.

      Konkurrenzprodukte auf dem Markt in den USA sind:

      Pictiversion, Kosten: 3,99 US-$ pro Monat.
      My Picture Gallery: 1,99 US-$ Kosten im Monat
      RunPics: 1,99 US-$ Kosten im Monat im Vergleich zu Summus-Applikationen Exego für 5,99 US $ und Snapfishmobile für 3,99 US-$.


      Was sind die Vorteile der Applikation Exego und Snapfishmobile?

      Schnellere Übertragungszeit. Exego und Snapfishmobile übertragen Bilder binnen 7 Sekunden. Konkurrenten benötigen mindestens 25 Sekunden. Nur Snapfishmobile ermöglicht ein Versenden der gefertigen Bilderzu jeder X-beliebigen Mailadresse. Konkurrenzprodukte können keine Bilder versenden.

      Folgende Carrier bieten Exego und Snapfishmobile an:
      Verizon, 29.584 Millionen Kunden
      Cingular, 21.830 Millionen Kunden
      AT&T, 19.536 Millionen Kunden
      ALLTEL, 6.763 Millionen Kunden

      Cingular bietet lediglich Snapfishmobile an, Alltel bietet Exego und Snapfishmobile an, Verizon zuzüglich Pictiversion. AT&T Wireless bietet neben Snapfishmobile Pictiversion und My Picture Gallery an.

      Fakt ist, daß Fotosharing die nächste Killerapplikation für den mobilen Telekommunikationssektor sein wird. So können bereits MMS mit Bildern versehen werden. Es halten sich hartnäckig Gerüchte im Markt, daß Summus in der neuen Generation der Nokia-Handys mit Launch des Nokia Handys 3650 beginnend im Januar 2003 in der Handysoftware eingebettet wurde. Summus ist für das Geschäftsfeld Fotosharing somit bestens gerüstet und sollte an diesem nächsten Boom überproportional profitieren.

      In New York am OTCBB-Market notiert Summus derzeit mit einem Kurs von 0,51 US-$. Der Wert kann mit der deutschen Wertpapierkennummer 920513 geordert werden.
      Avatar
      schrieb am 05.01.03 12:20:29
      Beitrag Nr. 36 ()
      Für Summus Interessierte gibts jetzt ein neues Board. Schaut mal unter http://www.aimoo.com/forum/freeboard.cfm?id=392204 nach. Ferner ist das Summus-Investorisland, erreichbar unter http://www.summus-investorisland.com neu relauncht worden. Freue mich über euren Besuch.

      Grüße aus Kölle
      Udo
      Avatar
      schrieb am 07.01.03 16:56:14
      Beitrag Nr. 37 ()
      Über Nokias Tradepoint Programm wird nun die Summus Applikation Exego weltweit für jeden Carrier vermarket. Dies ist der erste von mehreren weiteren Deals mit Nokia.


      Summus` exego Now Available To Mobile Operators Around The Globe; Summus Increases Distribution Channel With Nokia`s Tradepoint Program
      Business Wire - January 07, 2003 10:06
      RALEIGH, N.C.--(BUSINESS WIRE)--Jan. 7, 2003--Summus, Inc. (USA) (OTC Bulletin Board: SUMU), a leading provider of solutions that change the way information is communicated and processed through mobile devices and networks, today announced it has entered into a distribution agreement with Nokia allowing mobile operators access to Summus` powerful exego(TM) application through Nokia`s Tradepoint program.

      Tradepoint provides Summus with an online marketplace and the opportunity to quickly deploy exego through mobile operators around the world.

      Nokia Tradepoint is a business-to-business e-marketplace and solution-matching service connecting global service providers with suppliers of mobile applications. The program provides an online environment that allows operators, XSPs and enterprises to choose from a wide spectrum of mobile applications, from entertainment to games to finance.

      exego, powered by BlueFuel(TM), provides subscribers the ability to quickly view and access photos right from their wireless phone. exego users can also store, share, manage and send other files such as MP3s, business presentations, and spreadsheets right from their wireless phones to any email address or to another exego user. Summus` BlueFuel platform is tailored for efficient and easy interaction with information in the mobile environment. The platform enables service providers, content providers and handset manufacturers to create and deliver robust mobile applications quickly and on a much wider range of devices and operating systems than competing technologies.

      "The Tradepoint Program gives mobile service providers a one-stop shop for wireless application development, and enables global access to Nokia channels," said Bjorn Jawerth, CEO of Summus. "Nokia`s selection of exego is a major validation of the power of our applications, and we are looking forward to expanding quickly through Tradepoint to reach our customers."

      More information on Nokia Tradepoint can be found at www.forum.nokia.com/business.

      About Summus

      Summus, Inc. (USA), based in Raleigh, N.C., has developed a series of solutions to change the way information is communicated and processed through mobile and wireless networks. Summus offers a host of products and services based on its BlueFuel platform that enable wireless users to access multimedia services faster and on a wider range of mobile devices. exego, the first application powered by BlueFuel, gives users the ability to access, share, and transfer files and digital multimedia information of any size to and from any location in the world via their mobile phone or PDA. 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, Superfast, Superthin, and exego are trademarks of Summus, Inc. (USA). All other trademarks and/or registered trademarks are the property of their respective owners.

      Mehr Informationen unter http://www.summus-investorisland.com und http://www.aimoo.com/forum/freeboard.cfm?id=392204

      Grüße aus Kölle
      Udo


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