EXHIBIT 99.1
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SEMOTUS EXPANDS CORPORATE ADVISORY BOARD
BOARD COMPRISED OF PROMINENT INDUSTRY VETERANS IN FINANCE,
TECHNOLOGY, LAW AND MARKETING AS MEMBERS
LOS GATOS, CALIF. - (PRIMEZONE) - MAY 9, 2006 - Semotus Solutions (AMEX:DLK), an
innovative leader of software solutions for enterprise mobility, today announced
key expansions to its Corporate Advisory Board, whose purpose is to advise the
senior management team on strategic and overall business development in order to
grow global market penetration.
Semotus sought out senior leaders and trailblazers in both the markets directly
addressed by the Company, and those adjacent to them. Each member of this
diverse group has achieved remarkable success in their individual areas of
endeavor. The Advisory Board is chaired by Semotus' CEO Anthony LaPine, and will
meet routinely to advise the Company on clarifying its strategic growth options
and priorities.
Commenting on the appointments, LaPine noted, "I consider it a tremendous
privilege to have these highly respected and prominent industry veterans join
our Advisory Board and look forward to leveraging their respective expertise to
help Semotus identify, develop and facilitate exciting growth opportunities in
the enterprise mobility industry."
Semotus Corporate Advisory Board members include:
ALEXANDER SALOTTOLO - Mr. Salottolo is founder and Principal of Tactical
Alternatives, an executive search firm established in 1988. Previously, he spent
over 30 years in senior management posts focused on sales and marketing in a
wide range of industries. Specifically, he served as Senior Vice President,
Worldwide Sales and Marketing for Greyhawk Systems, Inc, a VC-financed startup
engaged in the design, manufacture and marketing of products based on
proprietary liquid crystal light valve imaging technology. While serving as Vice
President, Marketing and Sales for Benson, Inc., a Schlumberger Company, Mr.
Salottolo was responsible for opening new printer/plotter markets in North
America and the Pacific Rim. He was also National Sales Manager for the Business
Systems Division of Memorex, a manufacturer of mid-range plug compatible
peripherals. A native of New York City, Mr. Salottolo earned a Bachelors of
Science in Economics from Villanova University.
J. CRAIG SHIELDS - Since 1984, Mr. Shields has managed a marketing consulting
company focused on the delivery of closed-loop marketing services to Fortune 500
and high growth technology clients, including Hewlett-Packard, Akamai, IBM,
Litton, 3Com, Xerox, Magnavox, Mitsubishi, AT&T, National Semiconductor, Philips
Electronics, Nortel, Unisys, GTE and Oracle, among many others. He is widely
published and has noted expertise in the areas of business process
re-engineering; brand building; client/serve computing; voice/data integration;
supply chain logistics; enterprise resource planning; e-business and Web
integration in the extended enterprise; IT outsourcing and relational database
architecture. Mr. Shields holds a B.S. in Physics from Trinity College and a
M.A. degree in Philosophy from Georgetown University.
VALERIE R. GOODWIN - Ms. Goodwin has over 20 years senior marketing management
experience in the areas of Life Sciences, Pharma, In-Vitro and Flow Cytometry.
She currently serves as Director of Marketing at Abaxis, Inc., a medical
services company engaged in supplying point of care blood analyzers and other
hematology products to the medical market and the veterinarian market. Prior
appointments included Director of Global Marketing, Life Sciences at
DakoCytomation, Inc., a cancer diagnostic company where she was responsible for
driving business plan development, marketing plans, media strategies, market
segmentation, product development and product positioning. A graduate of San
Jose State University with a B.A. degree in Marketing, Ms. Goodwin also earned
an MBA from Brigham Young University.
HOWARD THOMAS, FCA, CPA - Mr. Thomas has spent the past 40 years serving as am
entrepreneurial senior finance, accounting and tax professional with proven
experience in a wide range of businesses and industries, including software,
governmental/defense contracting, electronics manufacturing, logistics
management, computer wholesale/retail, oil and gas distribution, publishing,
banking and non-profit. Since 2002, he has served as managing principal of The
Thomas Consulting Group, a company he founded to provide consulting CFO services
to Silicon Valley high-tech start-ups and nonprofit organizations. In the 1990s,
he founded and served as CFO of Sparkolor Corporation, a venture capital-funded,
high tech start-up
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where he was responsible led the Company from inception through to its sale to
Intel in 2002. He has also held chief financial and senior management posts at
Wayker, Morrison & Co; BDO Seidman; Meredith Thomas; Redman Heenan
International; British Domestic Appliances; Perkins Engines Co. and Ernst &
Young. He is a Chartered Accountant in both England and Wales and a Certified
Public Accountant in the State of California.
CATHRYN S. GAWNE - Ms. Gawne is an accomplished attorney at Silicon Valley Law
Group, a firm in which she is also a shareholder. Emphasizing the representation
of entrepreneurs and middle market growth companies, Ms. Gawne specializes in
corporations, securities, mergers and acquisitions, and nonprofit corporations.
She is also a very active advocate for women in technology and serves on the
board of directors of Women in Technology Foundation and is a member of the
Forum for Women Entrepreneurs and the San Jose Junior League. Ms. Gawne holds a
A.B. from Stanford University and a J.D. degree from the University of
California, Los Angeles.
AYAZ UL HAQUE - Mr. Ayaz ul Haque is a Director of Draper Fisher Jurvetson
ePlanet Ventures. Based out of DFJ ePlanet's Silicon Valley office, Mr. Haque
focuses principally on the Fund's expansion and later-stage investments in North
America, as well as in Europe and Asia. Prior to joining DFJ ePlanet Ventures,
Mr. Haque was a Director of Mergers & Acquisitions at Crosby Financial Holdings
in London, where he managed the cross-border corporate finance advisory and
direct investment initiatives of one of the leading Asia-focused specialist
investment banks. Prior to his involvement with Crosby, Mr. Haque was an
Associate Director at Peregrine Investment Holdings - a pan-Asian investment
bank - responsible for developing Peregrine's corporate finance and private
equity businesses in the Middle East, and identifying and evaluating Middle East
to Asia investment opportunities. Previously, Mr. Haque was an Associate in the
Corporate Finance Group of Bear, Stearns & Co. in New York, where he was
responsible for North America and Asia transaction execution. Mr. Haque is a
summa cum laude and Phi Beta Kappa graduate of Middlebury College holding a BA
in Economics.
ANTHONY SARNO - Mr. Sarno is founder and President of ProveIT.net, LLC, a
software and technology services company that has one focus: value. Its mission
is to maximize the return organizations get on their technology investments.
ProveIT enables buyers and suppliers to quantify, communicate, and prove the
value of technology solutions by providing credible value justification business
cases that foster continuous improvements. Prior to founding ProveIT, Mr. Sarno
created and implemented structured software architecture and acquisition
methodologies for industry leading companies, including Coke-Cola, Johnson &
Johnson, American Family Insurance, IBM and EDS. Additionally, Mr. Sarno
designed and developed field force administration applications for Bellcore.
UMAIR KHAN - Having served as Semotus' Chief Operating Officer since late 2005,
Mr. Khan recently resigned from his post to pursue career opportunities as a
professional technology and business consultant. As the co-founder and CEO of
Clickmarks (prior to its acquisition by Semotus in early 2005), he raised $27
million in venture funding, built an enterprise-class integration and extension
platform, oversaw the acquisition and support of Fortune 50 customers, including
Vodafone, NTT and Unisys. He was also Founder and Chairman of Wordwalla, a
venture-backed Silicon Valley company providing multilingual software solutions
for web and mobile applications; and co-founded Chowk, a niche web portal
focused on South Asia. Mr. Khan has over 25 industry patents granted or pending
in Computer System Design and Architecture, including four from his work as a
Lead Engineer at Intel Corporation. Mr. Khan received a BS in Mathematics with
Computer Science and an MS in Computer Engineering from MIT, where in 1991 he
was elected Institutional Nominee by the Department of Mathematics, as one of
six distinguished scholars in Mathematics.
ABOUT SEMOTUS SOLUTIONS
Founded in 1993, Semotus Solutions 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
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THESE FORWARD-LOOKING STATEMENTS INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES,
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SUCH RISKS AND
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UNCERTAINTIES. THE COMPANY UNDERTAKES NO OBLIGATION TO REVISE OR UPDATE ANY
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FOR MORE INFORMATION, PLEASE CONTACT:
Dodi Handy, President and CEO
Elite Financial Communications Group
407-585-1080 or via email at dlk@efcg.net
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