SANTA BARBARA, Calif., July 23, 2003 (PRIMEZONE) -- ROAMING MESSENGER(tm) (OTCBB:RMSG) today reported that Jon Lei, CEO, has been interviewed by Wall Street Transcript, and his insights into the industry are selected for inclusion in Wall Street Transcript's recent Enterprise and Applications Software issue.
Published for nearly 40 years, Wall Street Transcript is considered a "must read" by securities analysts, industry executives and investors. In this 70-page issue, five analysts, and top management from 14 sector firms examine the Enterprise & Applications Software sector.
In an excerpt from the interview, Mr. Lei discusses some of the compelling characteristics of the sector, and lays out the company's growth opportunities:
WST: What size markets are you discussing?
Mr. Lei: "The true potential of our market size is huge and probably very difficult to quantify. It's almost like quantifying the market size of e-mail in 1995 .... we're displacing static messaging technology, such as email and instant messaging."
Regarding the company's growth opportunities in that marketplace:
Mr. Lei: "I don't think our growth potential has been figured into the (stock) pricing. The homeland security marketplace is a multi-billion dollar marketplace and the funds are being spent right now ... "
This wide ranging interview covers topics from the size of the company's target markets, to the technologies being displaced by ROAMING MESSENGER, to key milestones that the company is striving to meet or beat.
The complete interview is available on the company's website at http://www.roamingmessenger.com/News/twst.php
About ROAMING MESSENGER
Based in Santa Barbara, California, ROAMING MESSENGER is the provider of a breakthrough solution for delivering real-time information for homeland security, emergency response, military and enterprise applications. Unlike solutions based on existing messaging technology such as e-mail, text messaging, and voicemail, ROAMING MESSENGER packages time-critical information into "smart courier" messages. These messages automatically roam throughout the wired and wireless worlds -- from mobile devices to desktop PCs to central servers -- tracking down people and getting responses in real-time. Visit our website at: http://www.ROAMINGMESSENGER.com/ .
Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.