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Smith Micro's Internet Solutions Division Builds Portal for HomezipR.com, a New Service for Home Buyers

Jun 13, 2000
Home Loans and Home-Related Products and Services on One Web Site

Aliso Viejo, CA - The Internet Solutions Division of Smith Micro Software, Inc. (Nasdaq: SMSI), a developer and marketer of a wide range of software and service solutions for the Internet market, today announced an agreement to build a portal for home buyers and sellers for HomezipR.com of Santa Ana, CA. The site, at http://www.homezipr.com, will offer mortgage loan financing services as well as a Homesavers Club(TM) membership covering a wide range of home-related products and services.

It is the company's intention that the site will enable consumers to search for the most competitive rates on mortgages, home equity loans and refinancing loans, use a variety of built-in calculators to determine monthly payments and compare scenarios, and apply for the loan of their choice online. Users will also be able to purchase insurance, banking services, home appliances, furniture, landscaping and other goods and services directly from the site, using a line of credit issued through HomezipR.com if they wish.

Smith Micro's Internet Solutions Division is developing all back-end functionality for the site, including integrating multiple applications, customizing several financial calculators, and providing shopping cart functionality for the Homesavers Club. The eCommerce functionality will be built with Smith Micro's WebCatalog 4.0, the newest edition of the company's eCommerce and Web publishing platform.

"We awarded this project to Smith Micro because of the range of their expertise as well as their ability to deliver a final product in Internet time," said Ken Ketner, Founder of HomezipR.com. "We gave them only a month to turn around the mortgage portion of our site, and they're on target to meet the deadline. This is an impressive performance that will minimize our time to market and help us stake a claim in the home-buying portal arena."

"The one-stop-home-shopping concept of HomezipR's portal is a fresh idea that requires integration expertise, customization capabilities and substantial engineering know-how in order to get all the components to work together seamlessly," said Chris Lippincott, General Manager of the Internet Solutions Division of Smith Micro Software. "It gives us a good opportunity to demonstrate what we can do and a marquee site to display our work to other customers."

It is anticipated that the mortgage portion of the site will debut this month. The Homesavers Club portion is scheduled to go live in July and be fully operational by early October.

About Smith Micro
Smith Micro Software, headquartered in Aliso Viejo, CA, is a developer and marketer of eCommerce and communication software products and services. 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 enable eCommerce, Internet communications (voice-over-IP), video conferencing, wireless communications and network fax, along with traditional computer telephony.

Smith Micro's complete line of products is available through direct sales, retail stores, value-added resellers (VARs) and original equipment manufacturers (OEMs). Smith Micro's common stock trades on The Nasdaq Stock Market® under the symbol SMSI. For more information, contact Smith Micro at (949) 362-5800.

For more information on Smith Micro Software, via fax at no charge,
please call 1-800-PRO-INFO and enter ticker symbol SMSI.

This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are economic, competitive, governmental and technological factors affecting the company's operations, markets, products, services and prices, as well as other factors detailed in the company's filings with the Securities and Exchange Commission including its recent filings on Forms 10-K and 10-Q.

Smith Micro, the Smith Micro logo, and conexs.com 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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