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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT

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To: WallStreetTips who wrote (1088)7/1/1999 7:07:00 PM
From: The O  Read Replies (1) of 1125
 
Maxnet - MXNT Integrates www.TelePhoneBook.net

<Picture: 24/7 ad>July 1, 1999 12:15 PM

FREEHOLD, N.J. --(BUSINESS WIRE)--July 1, 1999--New Jersey based Maxnet, Inc. MXNT , MXNT, announced the integration of the Internet Yellow Pages (www.Telephonebook.net) and White Pages on www.MaxPlanet.com today.

MXNT invites current registrants to edit and confirm existing data within the Internet White and Yellow Pages Directory. This directory is among the fastest search directories found on the Web today with an average search time of one tenth of one second in a database of over 90,000,000 registrants.

Once implemented, www.Telephonebook.net and its databases will enhance www.Maxplanet.com's information resources and E-commerce shopping experience. The strategic integration of this technology, databases and www.Telephonebook.net into WebPhoneBook.com should translate to significant advertising and directory sales revenue for the Company. The Company will be utilizing these new resources to add additional value to MXNT's network of sites including upgrading the Company's gateways for businesses to increase brand exposure. The Company is seeking to integrate these components into a perfect fit for WebPhoneBook.com to become an Internet Multimedia Information Rolodex.

I. Goldreich, VP and COO of MXNT stated, "MXNT invites all Businesses and Users to register for a listing in the upcoming premier Internet Multimedia Rolodex, Webphonebook.com. The integration of multiple portals, numerous affiliate sales sites and transactional points are coming together under this complex integration. The Company's goals are to continue creating interactive living Portals, Max!Auction, streaming Audio/Video, an Internet Radio Station (MPR - MaxPlanet Radio) as well as an Information Business to Business / User to User WebPhoneBook.

Maxnet, Inc. is an integrated Internet Development Company focused on creating and expanding strategic alliances for its comprehensive network of consumer and business-oriented web services and sites with offices in New Jersey and Florida.

The Company, Maxnet, Inc. - MXNT releases information over the public news wire services. Any information that is disseminated by other methods other than by Official Company Release is not from Maxnet, Inc. - MXNT.

For further information on Maxnet, visit their websites: maxplanet.com maxplanet.com maxplanet.com mxnt.com maxplanet.com Maxnet, Inc. - MXNT is currently changing its name to reflect its new diversified Internet marketing business.

Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from those expressed in these forward-looking statements. This release may contain forward-looking statements, made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties, which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect results include the development and introduction of competitive technologies, the market awareness and acceptance of the Maxnet technologies, the overall market demand for internet services, the presence of technologically inferior products and services which are priced or promoted to compete with Maxnet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information.

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