8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
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                                    FORM 8-K

                                 CURRENT REPORT

                         PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): August 14, 2003


                             SEMOTUS SOLUTIONS, INC.
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             (Exact Name of Registrant as Specified in its Charter)


           NEVADA                           0-21069              36-3574355
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(State or other jurisdiction of           (Commission         (I.R.S. Employer
 incorporation or organization)           File Number)       Identification No.)


                 16400 Lark Ave., Suite 230 Los Gatos, CA 95032
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               (Address of Principal Executive Offices) (Zip Code)


                                 (408) 358-7100
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              (Registrant's Telephone Number, including area code)





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ITEM 7.  Financial Statements and Exhibits.

        (c) The following exhibits are filed with this report:


        Exhibit Number            Description
        --------------------      ---------------

        99.1                      Press Release of Semotus Solutions, Inc. dated
                                  August 14, 2003.


ITEM 9.  REGULATION FD DISCLOSURE

         On August 14, 2003, Semotus Solutions, Inc. (the "Company") issued a
press release with respect to its financial results for the quarter ended June
30, 2003. A copy of the press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.

         This Current Report on Form 8-K and the press release attached hereto
are being furnished by the Company pursuant to Item 12 of Form 8-K, insofar as
they disclose historical information regarding the Company's results of
operations for the quarter ended June 30, 2003.

         In accordance with General Instruction B.6 of Form 8-K, the information
in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed
"filed" for the purposes of Section 18 of the Securities Exchange Act of 1934,
as amended, or otherwise subject to the liability of that section, nor shall it
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, except as shall be expressly set forth by specific reference
in such a filing.





                                   SIGNATURES

         Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned, hereunto duly authorized.


                                           SEMOTUS SOLUTIONS, INC.

         Date:   August 14, 2003           By:  /s/ Anthony N. LaPine
                                           -------------------------------------
                                           Anthony N. LaPine,
                                           President and Chief Executive Officer

EX-99.1

                                                                    EXHIBIT 99.1
                                                                    ------------

                  SEMOTUS SOLUTIONS ANNOUNCES FINANCIAL RESULTS
                    FOR THE FIRST QUARTER ENDED JUNE 30, 2003

                   Semotus Reports 35% Reduction in Net Loss,
               Margin Improved to 77% and Cash Burn Reduced by 67%

LOS GATOS, CA.-- (PrimeZone Media) August 14, 2003, 12:30 PM EST -- Semotus
Solutions (AMEX:DLK), a leading provider of software for mobile enterprise
applications, reported the financial results of the first quarter of its fiscal
year 2004. For the three months ended June 30, 2003, the Company continued on
its path to profitability with a reduced net loss and cash burn rate and at the
same time further improving its margins.

Semotus reported a reduction in its net loss to $673,000 or $0.03 per share in
the three months ended June 30, 2003 from $1.0 million or $0.06 per share in the
three months ended June 30, 2002. Semotus also reduced its use of cash by 67% to
$231,000 from $709,000 in the three months ended June 30, 2003 versus 2002.
Semotus' operating performance improved, as evidenced by a continued increase in
its gross profit margin to 77% for the quarter ended June 30, 2003 from 65% for
the quarter ended June 30, 2002. Revenues declined to $354,000 from $614,000 in
the quarter ended June 30, 2003 versus 2002. This revenue decline is
substantially all a result of the completion of a customer maintenance contract
at March 31, 2003. Last year's recorded revenue resulted from the amortization
of deferred revenue from the customer maintenance contract and as such, had no
impact on the cash position of the Company.

As discussed in Note 5 to the Consolidated Financial Statements, "Stock Based
Compensation Expense", the Company's net loss was increased by a non-cash charge
to income of $348,000 due to the application of the variable method of
accounting for certain stock options that were repriced. In accordance with
generally accepted accounting principles, $348,000, or 51% of the Company's net
loss, is a consequence of the non-cash compensation expense recognized on
repriced stock options.

"We have stayed on our course that we set out upon last year to improve our
operations and get to profitability," said Mr. Charles Dargan, CFO of Semotus.
"This quarter continues to build upon our Consolidation and Centralization Plan
and we are closing in on our goal of profitability."

Mr. Anthony LaPine, CEO and Chairman of the Board, stated, "Now that we have cut
our losses and increased our gross margins, our next challenge is revenue
growth. Semotus' recent partnership with Reuters is just one of many new Sales
and Marketing initiatives that are expected to contribute to future revenue
growth. We continue to conserve our cash while we carefully invest in our
future."

Mr. LaPine continued, "We have completed the difficult and painful Consolidation
and Centralization phase of the company evolution. We have cleaned up the equity
structure with the buy back of a $5.7 million dollar Preferred. Semotus now has
a clean ownership structure with one class of common stock and no debt. As I
have mentioned in the past, we are committed to achieving profitability and to
increased shareholder value."


ABOUT SEMOTUS SOLUTIONS
Founded in 1993, Semotus Solutions (AMEX:DLK) is a premier provider of software
for the mobile enterprise, connecting employees to critical business systems,
information and processes. With a Fortune 1000 installed base and more than 600
corporate customers including Lockheed Martin, Blue Cross Blue Shield,
Coca-Cola, Hewlett Packard, Nextel Communications, JP Morgan-Chase, and The
United Nations, Semotus Solutions' software provides mobility, convenience,
efficiency and profitability in the areas of workforce automation, finance,
healthcare, and m-commerce. Semotus Solutions is proud to be included in the
Deloitte & Touche 2002 "Technology Fast 500" list of companies. WWW.SEMOTUS.COM
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SEMOTUS SOLUTIONS
MEDIA CONTACT
STEPHANIE JANARD, 303-708-1159
Marketing Manager
SJANARD@SEMOTUS.COM
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SEMOTUS SOLUTIONS
INVESTOR RELATIONS CONTACT
TALI DURANT, 408-358-7100
Corporate Counsel
TDURANT@SEMOTUS.COM
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This press release contains forward-looking statements, which are made pursuant
to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of
1995. Words such as "intends, "believes and similar expressions reflecting
something other than historical fact are intended to identify forward-looking
statements, but are not the exclusive means of identifying such statements.
These forward-looking statements involve a number of risks and uncertainties,
including the timely development and market acceptance of products and
technologies, the ability to secure additional sources of finance, the ability
to reduce operating expenses, and other factors described in the Company's
filings with the Securities and Exchange Commission. The actual results that the
Company achieves may differ materially from any forward-looking statement due to
such risks and uncertainties. The Company undertakes no obligation to revise or
update any forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.