PEAFF... Huge news!
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Tuesday June 23, 8:01 am Eastern Time Company Press Release PeakSoft Announces PeakStore Grand Opening Online commerce expansion of company's web site expected to generate new revenue opportunities by offering customers top Internet-enhancing applications, texts and tips BELLINGHAM, Wash.--(BUSINESS WIRE)--June 23, 1998-- PeakSoft Corporation (ASE:PKT)(OTC BB:PEAFF-pending), a pioneer in the development of Internet research and communication technology, today announced the grand opening of the PeakStore, the online commerce section of the company's web site located at peak.com.
The PeakStore combines Internet-based marketing promotion and state-of-the-art electronic-commerce product fulfillment systems to market a complementary line of Internet-enhancing applications from PeakSoft (PeakJet(tm), JetEffects(tm), NetMagnet(tm)) and partner companies such as Software Builders International (NetZIP(R)). Additional software products that improve an Internet user's experience are under evaluation, and will be added to the PeakStore inventory in the next several weeks.
In its ''Better Browsing BookShelf,'' the PeakStore will also feature selected Internet-related book titles offered in association with Amazon.com.
''The PeakStore represents a new revenue opportunity which capitalizes on the electronic software distribution experiences since we sold our first product over the Internet in November, 1996,'' said Doug Foster, president and CEO of PeakSoft. ''It provides our customers with one convenient place to find informative Internet content and to purchase Internet-enhancing software products and related books.''
''We're excited and honored that our product NetZIP is going to be featured in the PeakStore,'' said David Halprin, marketing manager for Software Builders International. ''I'm confident that our co-marketing efforts with PeakSoft will result in higher revenues for both companies while giving consumers the products they want, in an environment that is customer friendly.''
The PeakStore offers software products for instant sale and use through a secure online transaction and product-downloading system that utilizes the latest online commerce tools, such as CyberSource Corporation's CommerceEZ(tm) and Sm@rtCert(R). This technology enables PeakSoft's online sales team to maintain in-house control over the various facets of the digital sale and delivery of software applications from multiple vendors.
During a typical shopping experience at the PeakStore, a customer makes an informed purchase decision based on a wealth of product data and related web content, including ''hot tips'' that are updated frequently. After a purchase selection has been made, the customer is directed into a secure area of the PeakStore to submit confidential order and payment information. This information is quickly and safely processed, and the customer is issued an electronic Sm@rtCert that serves as a redemption voucher and proof of purchase for one or more products.
About PeakSoft Corporation
PeakSoft Corporation is a market leader in the development of Internet productivity and communication software products. The company is publicly traded on the Alberta Stock Exchange under the symbol (PKT) and is a pending listing (OTC:BB) under the symbol (PEAFF). PeakSoft is a diversified Internet software company headquartered in Bellingham, Wash., U.S.A. For more information, call 888/377-7325, visit the PeakSoft web site at peak.com or send e-mail to info@peak.com.
About Software Builders International
Software Builders International is a developer of advanced, yet easy-to-use, Internet utility technologies that enhance users' Internet and online experiences. For more information regarding NetZIP products or to receive a press kit, please contact David Halprin at davidh@softwarebuilders.com or 770/541-1500 ext. 118. Founded in 1992, Software Builders is headquartered in Atlanta, Ga., U.S.A.
The Alberta Stock Exchange have neither approved nor disapproved of the information contained herein.
Contact: PeakSoft Corp. Chris Kent, 360/752-1100 x119 chrisk@peak.com
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