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SPECTRUM INFORMATION TECHNOLOGIES, INC. EXECUTES AN AGREEMENT TO LICENSE ITS CELLULAR DATA TECHNOLOGY TO MEGAHERTZ CORPORATION FOR $1,500,000

 MANHASSET, N.Y., May 10 /PRNewswire/ -- Spectrum Information Technologies, Inc. (Spectrum) (NASDAQ-NMS: SPCL), Manhasset, today announced that it has signed an agreement with Megahertz Corporation to license Megahertz under Spectrum's cellular communications patent portfolio to make advanced modems capable of connecting to all regular and cellular telephones.
 Megahertz Corporation is the industry's largest manufacturer of portable data modems. Megahertz products are incorporated in leading portable computer manufacturer's products, including those of Toshiba America Information Systems, Compaq Computer Corporation and IBM.
 Under this non-exclusive license, Spectrum's Innovative cellular control and transmission technology will be built into Megahertz's entire product line, so that Megahertz customers can use their modems with any type of landline or cellular telephone. Spectrum will receive an up-front payment of $1,500,000 and an ongoing royalty on each unit. Spectrum will also receive a royalty on software drivers which will allow Megahertz customers to use the same modems with future models of cellular telephones and with other emerging types of mobile telephone networks.
 According to Spectrum President Peter Caserta, "This agreement with Megahertz represents endorsement and validation of Spectrum's cellular data patents by the industry's leader. We are enthusiastic towards our partnership with Megahertz and look forward to a long-term working relationship as the cellular data industry continues its upward growth," said Caserta.
 Spectrum is the industry leader in cellular data communications, having developed and patented basic cellular protocol and interface standards that have since been embraced by the growing mobile data industry.
 Spectrum Information Technologies, Inc. is headquartered in Manhasset, with facilities nationwide. Spectrum develops and licenses wireless data transmission technologies through its subsidiary Spectrum Cellular Corporation. The company designs, markets and services portable communications and computing systems as a systems integrator through its subsidiary Data One. Spectrum is a distributor of portable computers through its subsidiary Computer Bay, which has the resources of 270 franchise locations.
 -0- 5/10/93
 /CONTACT: Kathy L. Bachand, investor relations, 800-FOR-SPCL or Peter T. Caserta, president and CEO, 516-627-8992 both for Spectrum Information Technologies, Inc./
 (SPCL)


CO: Spectrum Information Technologies, Inc. ST: New York IN: TLS SU: LIC

TS -- NY094 -- 6647 05/10/93 16:16 EDT
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Publication:PR Newswire
Date:May 10, 1993
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