February 12, 2002
Smith Micro Announces Strategic Agreement with Frisk Software International to Provide 'World Class' Anti-Virus Protection
Frisk Software International's F-Prot Antivirus Solution to be bundled with Smith Micro's Leading Retail PC Diagnostic, Utility and Speed Enhancement CheckIt Products
ALISO VIEJO, CA -- Smith Micro Software, Inc. (NASDAQ: SMSI) announced today that it has signed a strategic partnering agreement with Frisk Software International, a world leading anti-virus security provider, to develop and market IT securities products and services.
Under the terms of this agreement, Smith Micro and Frisk Software International will be working together to develop products and services combining anti-virus technology with Smith Micro's products. Initially, Smith Micro will be bundling Frisk Software's F-Prot AntivirusTM security software with Smith Micro's CheckIt® product line and it will be distributed through Smith Micro's normal distribution channel. CheckIt products are designed to help PC users troubleshoot a wide variety of PC problems, by quickly and easily providing detailed confirmation of system configuration and performance, including hardware and peripheral devices.
Subsequent development activity will focus on the potential integration of F-Prot AntivirusTM technology with Smith Micro's QuickLink Mobile wireless products for mobile phones and PDA devices. Other potential development projects may include Internet products and services in conjunction with Smith Micro's WebCatalog product and its web hosting business.
"This strategic agreement with Smith Micro provides Frisk Software with extensive market reach throughout the retail sector, " said Fridrik Skulason, Chairman & Founder - Frisk Software International. " Frisk Software's service approach to anti-virus security product development has significant potential with Smith Micro's wireless and hosting business. As corporate demands for IT security services stays robust, this strategic agreement will add value to corporate solutions. Likewise, Smith Micro has established a very robust relationship with a world leader in the security/anti-virus community. The potential synergies with Smith Micro wireless and hosting business are also tremendous."
"Computer viruses become more dangerous each day and no software solution, particularly in the emerging wireless segment, can be considered complete without an anti-virus component," said William W. Smith, Jr., President and CEO, Smith Micro. "The inclusion of F-Prot AntivirusTM technology is an important step in the evolution of Smith Micro products and will provide our customers with a high quality anti-virus protection product for their PCs."
Current F-Prot AntivirusTM technology offers complete virus protection for personal computers running Windows 98/95/ME, Windows NT Workstation, Windows 2000 Professional and Windows XP. F-Prot Antivirus automatically detects over 60,000 viruses, worms and Trojans. It cleans conventional file and boot sector viruses as well as macro viruses that infect Microsoft Office 95, Office 98, and Office 2000 Word documents, Excel spreadsheets, and PowerPoint files. It is designed to provide excellent protection against Internet and email-borne viruses, safeguarding PC's from infected files downloaded from the web, and from infected email file attachments.
As part of the agreement, Frisk Software International's F-Prot Antivirusä product will also be available for purchase from Smith Micro's web site.
About Frisk Software International:
Frisk Software International, incorporated in Iceland in 1993, is one of the world leaders in computer anti-virus research and anti-virus product development. The company manufactures the powerful detection and disinfecting tool F-Prot AntivirusTM, which was first introduced in 1989.
The company objective has from the start been to create a safer computer environment with an easy to use, efficient and reliable anti-virus scanner. The company is privately held and operated, and has experienced a constant growth in annual sales from the very beginning. For more information, visit www.f-prot.com.
About Smith Micro Software:
Smith Micro Software, Inc., headquartered in Aliso Viejo, CA, is a developer and marketer of Macintosh, wireless communication and utility software products. The company designs integrated, cross platform, easy-to-use software for personal computing and business solutions around the world. With a focus on the Internet, Wireless, and Broadband technologies, the company's products and services enable eCommerce, eBusiness, Internet communications (voice-over-IP), video conferencing, wireless communications, and network fax, along with traditional computer telephony, PC diagnostic troubleshooting tools and Macintosh products, which includes the primary fax solution to Apple Computer as well as the first Mac-based desktop H.323 video conferencing product.
Smith Micro products are available through direct sales, retail stores, value-added resellers (VAR's) and original equipment manufacturers (OEM's). Smith Micro's common stock trades on The Nasdaq Stock Market® under the symbol SMSI. The company is based in Aliso Viejo, CA. For more information, contact Smith Micro at (949) 362-5800.
This release may contain forward-looking statements that involve risks and uncertainties, including without limitation risks and uncertainties relating to the company's financial prospects and projections, the company's plans for returning to sustained profitability and the company's ability to increase its business in the Wireless and Broadband segments. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are new and changing technologies, customer acceptance of those technologies, fluctuations or cancellations in orders from distribution customers, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors could cause actual results to differ materially from those presented in any forward-looking statement and are discussed in the company's filings with the Securities and Exchange Commission including its recent filings on Forms 10-K and 10-Q.
Smith Micro and the Smith Micro logo are trademarks or registered trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective companies.
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