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Microcap & Penny Stocks : HNS - (WAS ABYT)

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To: jon cameron who started this subject8/2/2000 3:20:37 PM
From: tony schwarz   of 254
 
(COMTEX) B: New H-NET.COM Partnership Further Expands E-Commerce Webs
B: New H-NET.COM Partnership Further Expands E-Commerce Website Services and
Revenue Streams

NIAGARA FALLS, N.Y., Aug 2, 2000 /PRNewswire via COMTEX/ -- H-NET.COM, Inc.
(OTC Bulletin Board: HNSP) announced today an international partnership with
Cardservice International, a leading provider of electronic commerce and credit
card processing, for e-commerce services and credit card processing for
websites. The latest partnership alliance adds another important revenue source
while significantly expanding e-commerce website services for the company's
vision care clients.

Anton Stephens, President of H-NET.COM, said, "This latest alliance expands our
revenue stream and strengthens our hosting services by adding customer payment
processing and cash management as part of the total H-NET(R) services.
Cardservice International is a leading transaction service provider serving more
than 185,000 businesses and processing more than $12 billion in annual bankcard
volume. We also are in discussion with other potential partners who are well
positioned to help us move forward."

Greg Fassett, President and CEO of Cardservice International, said, "The
partnership enhances H-NET(R)'s ability to become a full-service hosting
provider by adding world-class payment solutions for its customers. This
partnership also allows H-NET(R) to use our 2,200 member sales force to sell all
H-NET(R) services."

H-NET.COM previously announced partnerships with Network Solutions and Roanoke
Technology Corp., that together with the new Cardservice alliance, enable
H-NET.COM to provide a full suite of e-commerce website hosting services. These
include domain name search and registration, website creation and maintenance
using Image Cafe, credit card processing and cash management and website
promotion and awareness campaigns.

H-NET.COM, Inc. is emerging as the global digital B2B solutions provider for the
vision care industry. With its multi-service Internet portal, web hosting
services and Internet-based transaction processing services, H-NET(R) provides
services to retail opticians, retail chain home offices, optometrists,
ophthalmologists and optical labs.

For further information regarding e-commerce solutions offered through H-NET(R),
contact Matthew Fry at the business development division of Cardservice
International at 800-641-8472, ext. 218, or H-NET(R) customer service at
905-475-3249.

For more information about H-NET.COM, visit the website www.h-net.net or contact
Christine at (905) 475-3249. Email info@h-net.net. For other valuable
information, visit Hawk Associates website www.hawkassociates.com or contact
Frank Hawkins at (305) 852-2383. Email: info@hawkassociates.com.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding the expansion of the Company's
operations are forward-looking statements. Words such as "expects", "intends",
"anticipates", and "likely" also identify forward-looking statements. Actual
results may differ from such forward-looking statements as a result of a number
of factors.

SOURCE H-NET.COM, Inc.


CONTACT: Matthew Fry of Cardservice International, 800-641-8472, ext.
218; or Christine of H-NET.COM, 905-475-3249, or info@h-net.n
t; or Frank
Hawkins of Hawk Associates, 305-852-2383, or info@hawkassocia
es.com, for
H-NET.COM

URL: hawkassociates.com
h-net.net
prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

-0-


KEYWORD: New York
INDUSTRY KEYWORD: CPR
MLM
HEA
SUBJECT CODE: JVN
OTC

*** end of story ***
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