LOS GATOS, Calif., Nov. 7, 2005 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK) today announced that it has engaged Elite Financial Communications Group, LLC, a full-service, proactive financial communications, investor relations and strategic resourcing firm, to manage all aspects of its new investor relations program, including extensive communications and outreach to the investment community.
"We believe that Semotus is now embarking upon a very exciting period of growth and industry emergence. Consequently, we believe we require an experienced, results-oriented investor relations team to help us elevate our profile within the investment community, and to reach a broader audience through the national media. We explored many options, and Elite emerged as the clear choice," stated Anthony LaPine, Chairman, President and CEO of Semotus.
Elite will work closely with the executive management team of Semotus to develop comprehensive corporate messages that will most proactively leverage senior management's strategic vision, operational and financial performance and ongoing business expertise. In addition, Elite will assist in the development of customized, high-quality, high-impact and fully integrated media communications programs designed to increase consumer, industry and investor awareness of the Company's compelling growth strategies.
Dodi Handy, President and CEO of Elite, added, "Providing mobile on-demand access to critical data and applications to employees is no longer a luxury for most enterprises, rather it is a necessity to survive in today's competitive business environment. Having overcome a number of daunting challenges over the past several years, it appears that Semotus is now properly positioned to begin leveraging its technology leadership to emerge as a preferred solutions provider in the field of wireless communications and computing. We are very proud to have been selected to partner with Semotus and look forward to playing a key role in the Company's ongoing success."
About Elite Financial Communications Group, LLC
Headquartered in Lake Mary, Florida, Elite Financial Communications Group combines diverse expertise, influence, talent and capabilities to achieve quantifiable results for both publicly traded and privately held companies. Established in December 2001 by a partnership group composed of highly reputable financial, marketing and business experts, Elite is rapidly earning international distinction for challenging industry convention and for taking the lead in establishing best practices for proactive financial communications, investor relations and strategic resourcing. For more information on Elite, please visit www.efcg.net.
About Semotus Solutions
Founded in 1993, Semotus Solutions (AMEX:DLK) is the premier provider of software for the mobile enterprise, connecting employees to critical business systems, information and processes. Semotus has a Fortune 1000-installed customer base and more than 600 corporate clients including Lockheed Martin, Blue Cross Blue Shield, Coca-Cola, Hewlett Packard, Nextel Communications, JP Morgan Chase and The United Nations. Semotus Solutions' software provides mobility, convenience, efficiency and profitability in the areas of workforce automation, finance, health care and m-commerce. For more information on the Company, please visit the following web sites: http://www.semotus.com; http://www.hiplinkwireless.com; http://www.clickmarks.com; http://www.xb.com.
This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "intends," "believes," and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the company's filings with the Securities and Exchange Commission. The actual results that the company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.