GERMANTOWN, Md., Sept. 1 /PRNewswire/ -- Density Dynamics, a majority owned subsidiary of Speedus Corp. , announced today it has received a 2nd payment from Wachovia Corporation related to testing of its high performance DRAM based solid state drives. The $50,000 payment brings the total received from Wachovia to approximately $200,000. Discussions for implementation of Density's next generation of RamFlash SSD devices are ongoing.

About Density Dynamics

Density Dynamics, a majority owned subsidiary of Speedus Corp., is a pioneer in the solid-state storage and I/O acceleration technology. Its high performance RamFlash solid-state storage and computing devices are designed to reduce I/O bottlenecks while also reducing power, cooling, and rack space requirements. Density Dynamics can be found on the web at www.densitydynamics.com.

About Speedus Corp.

Additional information on Speedus Corp. may be obtained at www.speedus.com or by contacting Peter Hodge at 888-773-3669 (ext. 23) or phodge@speedus.com.

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.

SOURCE Density Dynamics