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Microcap & Penny Stocks : The STNX Investor

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To: Gary Price who wrote (2)11/27/1996 12:20:00 PM
From: Eric N   of 298
 
StarTronix International announces strategic provisioning alliance with PSINet

BusinessWire, Wednesday, November 27, 1996 at 09:28

IRVINE, Calif.--(BUSINESS WIRE)--Nov. 27, 1996--

Marks North America's First Cross-Border ISP Agreement

StarTronix International Inc. (OTC BB:STNX), on Wednesday
announced that it has entered into the first North American ISP
agreement with PSINet Inc. (NASDAQ:PSIX), the first commercial
Internet service provider.
The PSINet Internet provisioning agreement provides Internet
access in the United States and Canada to StarTronix's growing base
of 18,000 independent distributors.
For the past several months StarTronix has been exploring
relationships with a number of ISPs to develop its private Internet
Network for use by its distributors.
With the PSINet agreement, StarTronix will be able to quickly
develop a substantial dial-up anchor-network in the United States and
Canada for the benefit of its distributors, while adding a variety of
Internet-related products and services that the company has been
developing for the past six months, according to Greg Gilbert,
chairman of StarTronix International.
"We are pleased that PSINet has provisioned its state-of-the-art
network to allow our growing base of 18,000 Field Partners an
integrated network platform from which to reach our Web site and our
on-line services," said Gilbert. "We welcome the professionalism
and high quality service that PSINet provides, and are looking
forward to a long and mutually beneficial relationship."
"This announcement, the first such cross-border wholesale
Internet agreement in North America, further validates our strategy
to focus on building and maintaining the industry's best
high-performance, reliable Internet network for businesses and large
wholesale customers," said Pete Wills, chief operating officer for
PSINet. "StarTronix's established base of distributors will be able
to tap into our nationwide U.S. points-of-presence, as well as our
15 Canadian POPs. They make an ideal partner."
PSINet manages one of the world's largest and most advanced
fast-packet networks, which provides state-of-the-art, high-speed
Internet access ranging from dedicated high-speed circuits to ISDN to
high-speed modem dial-up. PSINet backs up its state-of-the-art network
with the industry's original service guarantee, employing automatic
back-up systems and crediting service for outages of as little as one
percent of a business day.
StarTronix International markets leading edge technologies and
Internet related products and services to consumers, as well as new and
existing home-based business owners through its three subsidiaries:
Irvine-based StarTronix Inc., StarTronix On-Line Inc. and StarTronix
TelCom Inc.
FOR MORE INFORMATION CONTACT:
Tony Guest at StarTronix 800/700-6711 or www.startronix.com or
Brian Muys at PSINet 703/904-4285 or muysb@psi.com

CONTACT: StarTronix, Irvine
Tony Guest, 800/700-6711
www.startronix.com
or
PSINet
Brian Muys, 703/904-4285
muysb@psi.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET
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