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SmartServ(R) Signs Its First Canadian Network Service Provider Agreement With TELUS Mobility(TM) in Canada SmartServ to Deliver Real-Time Canadian and US Wireless Financial Solutions Leveraging the Forbes.com brand partnership

STAMFORD, Conn., Jun 18, 2002 /PRNewswire-FirstCall via COMTEX/ -- SmartServ Online, Inc. (Nasdaq: SSOL) announced today the signing of an agreement with TELUS Mobility, a leader in the wireless telecommunications industry in Canada, to introduce Forbes.com Wireless Powered by SmartServ.
Forbes.com Wireless Powered by SmartServ will provide a valuable set of resources that will allow clients to access real-time Canadian and US stock market information on a wide variety of Web-ready wireless phones. In addition to stock quotes, Forbes.com Wireless Powered by SmartServ will provide index information as well as timed notifications, symbol search and currency converter functionality.

"This represents a very important step for SmartServ as we extend our expertise in mobile technology to deliver wireless financial services applications tailored to yet another valuable market," said Bill Cusack, Vice President Sales and Business Development. "We are pleased to be working with Forbes.com to provide our co-branded products and services throughout Canada," added Cusack.

TELUS Mobility clients in digital service areas will have access to the service and SmartServ will share in revenues from fees charged on a per-request basis as a true value-added service provider.

About SmartServ

SmartServ (Nasdaq: SSOL), founded in 1993, is a B2B wireless technology leader with a focus on providing financial institutions and network service providers with potent, real-time financial applications and transaction routing for virtually any portable device, such as PDA, RIM and mobile handsets, and over any wireless network including GSM, CDMA and the future 3G. SmartServ's products include sophisticated engines capable of routing high- volume transactions, alerts, real-time global market quotes, and news to multiple destinations; proprietary W2W Middleware(tm) that configures content and applications for a wide array of devices and networks; and a suite of applications designed so that businesses and their customers can access real-time or streaming information in order to make critical financial decisions. Visit SmartServ at http://www.smartserv.com.

About Forbes.com

Forbes.com Inc., (http://www.forbes.com) a leading Internet media company, is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning. Forbes.com includes real-time original reporting on business, technology, investing and lifestyle; stock and mutual fund quotes; comprehensive company profiles; a wide array of interactive tools, calculators and databases, including People Tracker, the annual Forbes Lists; a Lifestyle section that currently focuses on high-end vehicles, collecting, real estate and travel; and the complete online editions of Forbes' magazines.

Forward-Looking Statements



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