FOR IMMEDIATE RELEASE ---------------------- NEW PATENT PENDING DIGITAL DATA COMPRESSION METHOD SUPPORTS 56 MBPS OVER SERIAL TRANSPORT Patent Pending Digital Data Compression Method Effectively Moves Parallel Data Over Serial Media. Greensboro, NC -- /PRnetwire.com/ -- September 12, 2002 -- Pegasus Web Services Inc. (www.fly-pegasus.com) is pleased to announce a Patent Pending Digital Data Compression Method supporting anticipated data rates of at least 56 Mbps over Serial Media such as a phone lines, fiber optic strands, radio or any other serial data stream transports. The Digital Data Compression method achieves this by effectively sending parallel data in each serial transfer cycle. This digital data compression method is expected to catapult web based and networking technologies into a world where data throughput over the wire is virtually unlimited. It can be applied to data storage as well (imagine a floppy disk that can store 1.28 GBytes of data) or when applied to a 32 bit computer buss effectively creating a 32,000 bit computer buss. As quoted by Jeff Fries, Pegasus Web Services Inc. V.P. "We are entering a new age of performance". This Patent Pending Digital Data Compression Method also features an extremely complex embedded encryption algorithm which prevents hacker and/or terrorist data attacks. Pegasus Web Services Inc. envisions this technology as a Replacement Modem/Network Device Technology supporting Wide Area Networking to Rural Communities, True(without Freeze Frames) Real Time Video Conferencing, Interactive Video On Demand, Web Based Team Oriented Virtual Reality Gaming, Virtual World Web Browser Navigation, Team Oriented Web Based Tools, Real Time Remote Medical Monitoring or many other applications requiring high speed, high volume delivery of near real time data over simple serial media. Pegasus Web Services Inc., 1216 South Second Ave., Siler City, NC 27344-4019 Media Contact: Jeff Fries Ph - 919-663-6291 Fax - 919-663-6243 Email - pegasuswebservices@yahoo.com URL = http://www.fly-pegasus.com # # # ref: ftp://www.send2press.com/archive/pr_02_0912-pegasus.txt ---------------------------------------------------------------------------