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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Jeffrey D who wrote (2730)9/9/1999 11:10:00 AM
From: Jeffrey D  Read Replies (1) of 3519
 
Norway invaded!! <gg>> Jeff

X-STREAM NETWORK: X-Stream announces free Norwegian Internet service with Domino, at local call rates

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Story Filed: Thursday, September 09, 1999 9:31 AM EST

SEP 9, 1999, M2 Communications - LONDON -- The X-Stream Network, the UK's third largest and first FREE ISP, has launched its first Internet service outside the UK in Norway.

Under a strategic agreement with Domino, Norway's premier customer loyalty scheme, X-Stream is positioned to be one of Norway's dominant Internet Service Providers. X-Stream's FREE Internet access software will be available on its Norwegian website at x-stream.no and will be distributed from all Statoil petrol stations from Thursday 16th September.

Statoil is Scandinavia's largest network of petrol stations with more retail outlets than any other petrol company and handling over 11,850, 000 customer transactions each month.

Gregory Sukornyk, Chief Executive Officer of The X-Stream Network said: "We are very excited to be partnering with Domino in our inaugural European launch outside the UK. Domino's powerful distribution channel provides a natural fit with X-Stream's innovative service and expertise in building and managing an ISP portal."

X-Stream's FREE Internet service will be offered to all of Domino's 1.3 million members as well as Statoil customers, and other Domino partners, Cubus and Dressman.

Paul Myers, Chief Operating Officer of The X-Stream Network added, "Domino has membership encompassing 60% of Norwegian homes, a 71% brand recognition and a high association with quality and value. By partnering with Domino and offering our service for free through Statoil's extensive network of petrol stations X-Stream will be able to extend its pioneering free service. In conjunction with what we believe to be the most powerful and suitable partners in the region this expansion takes X-Stream to another level."

Users will benefit from all regular X-Stream offers such as X-Streamail Plus, 10 email addresses, free fax and voicemails direct to the customer's email inbox (via a personal phone number), FREE personal web site and unlimited Internet access all at the cost of a local phone call. By using an '810' access number, heavy users will receive up to a 30% discount on calls, as part of Telenor's Familie og Venner Internett ('Friends & Family') scheme.

Peter Wiren, Managing Director at Domino said "An ever increasing number of our customers are surfing on the Internet and this has become as natural as shopping daily in our stores. With X-Stream we believe we are giving the best Internet access available to Norwegians, and of course it's 100% free."

The X-Stream Network Norway will also offer a local version of X-Stream Central (http://x-stream.no) featuring live up to the minute news provided by partners Aftenposten, the on-line version of one of Norway's leading newspapers and Digi.No, Norway's premier technology e-zine. This will complement proprietary content generated by X-Stream's in house team.

Stefan Waldeck, X-Stream's Director of Sales and Marketing for Scandinaviacommented: "Norway was the natural choice for X-Stream to begin its European expansion. It is one of the most mature Internet markets in the world -- nearly a third of the national population has been on-line in the past two months and it has one of highest GDPs per capita of any country in Europe. As a media vehicle, a 'Portal Plus', this is an important component in our business strategy and opens a valuable marketplace to all our advertising partners."

Already committed to advertise with X-Stream Norway are Amazon.co.uk, Audiostreet, DVD Street, Alphabet Street, Games Street and Ritz Casino.

About The X-Stream Network

Launched in the UK on March 8, 1998, The X-Stream Network is the world's first 100% FREE Internet access service, which now boasts over 441,566 registered subscribers. Users can access the service by calling 0800 358 5678 and requesting the necessary software. Using this innovative software programme, The X-Stream Network is able to offer all users 100% free access to the Internet. The X-Stream Network has offices in London and Toronto.

The X-Stream Network can be found at

x-stream.com, X-Streamail Plus free email and Unified Messaging service at mail.x-stream.co.uk, X-Stream Central at x-stream.co.uk, X-Stream SmartShopper at smartshopper.x-stream.co.uk and The X-Stream Games Network at x-stream.gamesnetwork.com

Copyright 1994-99 M2 COMMUNICATIONS LTD
CONTACT: Kate Webb, Diversion
Tel: +44 (0)1628 676727
e-mail: katew@diversion.co.uk
Paul Myers, The X-Stream Network
Tel: +44 (0)870 730 6466
e-mail: press@x-stream.com
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