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2004

“DBS Communications, Inc. Completes Equity Financing with Sierra Ventures”

Schaumburg, IL, December 8, 2004 – DBS Communications, Inc. (DBS), a leading independent provider of prepaid wireless services and one of the largest independent mobile virtual network operators and enablers, today announced that it has completed an equity round of financing with Sierra Ventures, a leading private venture capital firm based in Menlo Park, CA. Rutberg & Company served as exclusive financial advisor to DBS on the financing. Additional terms were not disclosed. The capital will be used to expand DBS’ EZlinkSM brand, launch new brands nationally, create additional products, and further enhance DBS’ technology platform. DBS recently launched its …
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“WiderThan Expands United States Presence with Ztango Acquisition”

Combined Company Gives Mobile Operators Immediate Access to Latest Revenue-Generating Services Including Ringback Tones and Music-on-Demand Seoul, South Korea, October 21, 2004 – WiderThan, a leading global provider of mobile Internet solutions and services, today announced that it has acquired Ztango, a leading U.S. provider of wireless multimedia and messaging services, through a stock swap transaction. By acquiring Ztango, its long-standing partner in the U.S., WiderThan will expand and strengthen its delivery of innovative and market-proven mobile entertainment solutions and services for mobile operators worldwide. The combined company will offer mobile entertainment services to over 30 wireless network operators worldwide …
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“M-Systems Increases its Application Development Expertise by Acquiring Seaside Software”

The Leading Innovator of USB Flash Drive Technology Increases Product Offering with Applications Designed for Enterprise-Wide Deployment M-Systems (Nasdaq: FLSH), the leading developer of USB flash drives and creators of the Smart DiskOnKey® platform, has broadened its application development expertise with the acquisition of Seaside Software. The deal provides M-Systems with Seaside Software’s enterprise application technology and intellectual property, allowing M-Systems to deepen the flexibility of its USB flash drive devices and to continue to leverage the technology for future applications development which will be compatible with the recently announced standardized platform with SanDisk Corporation (September 7, 2004). Seaside Software’s …
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“VCs come back to wireless”

August 23, 2004 RCR Wireless News By Sam Omatseye Purse strings are loosening for wireless companies as the industry relaxes the tight fists of the past few years. In spite of the risks, venture-capital companies say wireless is a good place to throw money. In July alone, 41 wireless companies announced $570 million in new funding, according to Rutberg & Co. The investments covered the semiconductor, application enabler and enterprise infrastructure sectors, according to the study, adding that 32 mergers and acquisitions were born during the period, including Symbol Technology’s $230 million acquisition of Matrics Inc. August has witnessed its …
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“eBay Acquires Minority Interest in craigslist”

San Francisco and San Jose, Calif., August 13, 2004 – eBay, The World’s Online Marketplace (Nasdaq: EBAY;www.ebay.com), and craigslist, an online community featuring classifieds and forums (www.craigslist.org), announced today that eBay has acquired a preexisting minority ownership interest in craigslist of approximately 25%. The resulting relationship will allow eBay and craigslist to share expertise, resources, and creativity on behalf of online communities everywhere. With dedicated sites in 45 cities around the world, craigslist is an online meeting place for millions of people looking to share ideas, meet a friend, find a job, or locate an apartment. The site is a …
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“Private Matters”

June 1, 2004 Wireless Review By Vince Vittore Just past the peak of the Internet boom in October 2000, Bryan Rutberg did what the really smart investment bankers did at the time – he quit. But instead of taking the money and running to a Pacific Island, Rutberg left his position as lead Internet investment banker at UBS Warburg to launch a new investment bank focusing on wireless. While the concept – along with the timing of heading into a disastrous three years for telecom investment – should have doomed the newly formed Rutberg & Co., the boutique outfit is …
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“No Wires No Rules”

New wireless technologies will soon reconfigure the Web using radio spectrum that doesn’t cost a dime April 26, 2004 BusinessWeek By Heather Green, Roger O. Crockett, Steve Rosenbush, and Catherine Yang High-speed internet access has been as rare as sunshine in winter in Campsie, a tiny village on the northern coast of Northern Ireland. The town is located in a sparsely populated rural area, which makes it too expensive to install traditional broadband technology. And the town is too far from larger cities like Londonderry to use their Internet facilities. The people of Campsie shouldn’t give up hope, though. Earlier …
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“Spotlight on enhanced wireless at CTIA show”

March 22, 2004 Network World By Jim Duffy and Denise Pappalardo Wireless aficionados will convene this week at CTIA Wireless 2004 in Atlanta to wrestle with current business and technology issues. Driving this climate is the realization that in a few short years, users might rely on their wireless devices as their primary communications tools, eclipsing the number of wireline phones and computers now serving that role. Carriers are preparing by unveiling a slew of new and enhanced services and network upgrades at CTIA Wireless. While show officials declined to disclose attendance expectations for this year’s show or figures for …
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