Speedus Wins Technology Settlement

Speedus Wins Technology Settlement 


NEW YORK, Feb. 11  /PRNewswire-FirstCall/ -- Speedus Corp.  today announced that
its wholly-owned subsidiary, CellularVision Technology  & Telecommunications,
L.P., received approximately $12.1 million, after expenses, from a former
international licensee in settlement of litigation that CT&T instituted in May
2001.

CT&T, together with Broadband Patents LLC, another wholly-owned subsidiary of
Speedus, owns six fundamental patents on fixed broadband wireless communications
systems: U.S. Patent 5,983,078, U.S. Patent 5,668,610, U.S. Patent 5,949,793,
U.S. Patent 4,747,160, U.S. Patent 5,594,937 and U.S. Patent 6,438,359B1.
Speedus also has a number of conforming patents in foreign countries.

About Speedus Corp.

Speedus Corp. is a holding company that owns significant equity interests in
diverse businesses. Additional information on Speedus Corp. and its services is
available at http://www.speedus.com/ or by calling 718.567.4358.

Statements contained herein that are not historical facts, including but not
limited to statements about the Company's product, corporate identity and focus,
may be forward-looking statements that are subject to a variety of risks and
uncertainties. There are a number of important factors that could cause actual
results to differ materially from those expressed in any forward-looking
statements made by the Company, including, but not limited to, the continuing
development of the Company's sales, marketing and support efforts. 

DATASOURCE: Speedus Corp



CONTACT:  John Kallassy of Speedus Corp., [phone],





Web site:  http://www.speedus.com/ 

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