Semotus Solutions Enrolls in Investrend Shareholder Empowerment Program

NEW YORK, Oct. 23, 2003 (PRIMEZONE) The following is an investment opinion issued by Investrend Research Syndicate:

Semotus Solutions (AMEX:DLK), has enrolled in the unique shareholder empowerment platform administered by Investrend Communications, Inc., a financial intelligence provider.

Institutional Research coverage will be initiated by an Investrend Research analyst, Tom Byrne, MBA. Investrend Research is located on the web at http://www.investrendresearch.com .

Founded in 1993, Semotus Solutions is a premier provider of software for the mobile enterprise connecting employees to critical business systems, information and processes. With a Fortune 1000 installed base and more than 600 corporate customers 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, healthcare, and m-commerce.

Semotus Solutions is included in the Deloitte & Touche 2002 “Technology Fast 500” list of companies.

For more information, visit http://www.semotus.com

An InvestorPower(tm) page has been created regarding the company at http://www.investrend.com/company/list.asp?sPathParam=yes.

Tom Byrne has been an equity analyst for 17 years, and heads Byrne Investment Research. He uses a set of proprietary valuation techniques to understand and value companies that do not pay dividends. Previously, Mr. Byrne was Director of Research for Individual Investor Group, and served as a portfolio advisor for two hedge funds: WisdomTree I and WisdomTree II. Mr. Byrne also created and served as the portfolio manager for five Unit Investment Trusts. Additionally, he was a small cap equity analyst at Standard & Poor’s, and was an analyst with International I/B/E/S, recently merged into First Call. Mr. Byrne has an MBA in Finance from the Fordham University Graduate School, and is currently an adjunct professor at Monmouth University, where he teaches courses in finance and investment analysis.

Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 65 AIMR-qualified professional analysts posting more than 550 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the Institutional Research platform are $25,800. The enrollment fees are being paid by the company. Analysts are paid in advance for their initial reports by Investrend Research to limit or eliminate pecuniary interests, and no one associated with the program may own or trade in the equities of companies under coverage. Semotus Solutions has regularly appeared on the Investrend / MoneyTV syndicated television shows, which is co-sponsored by Investrend Broadcast, but for which Investrend has received no compensation.

Anyone interested in receiving alerts regarding Semotus Solutions research or webcasts should e-mail info@investrend.com with “DLK” in the subject line, or click on http://www.investrend.com/contact.asp.

CONTACT: Semotus Solutions Media Contact Stephanie Janard, Marketing Manager (303) 708-1159 sjanard@semotus.com Website: www.semotus.com

Investor Relations Contact Tali Durant, Corporate Counsel (408) 358-7100 tdurant@semotus.com

Investrend Research Div. Investrend Communications, Inc. R. Hempel (718) 896-5060 e-mail: info@investrend.com Web site: http://www.investrendresearch.com

Copyright © 2003 PrimeZone Media Network, Inc.

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