XSNI definatley has potential at $2.25
>>(BSNS WIRE) The X-Stream Network Launches its innovative FREE Internet S The X-Stream Network Launches its innovative FREE Internet Service in Sweden in conjunction with ONOFF Business Editors & Internet/Online Writers LONDON--(BUSINESS WIRE)--Sept. 21, 1999-- Strategic alliance with Sweden's leading consumer electronics retailer opens highly targeted distribution channel for X-Stream Sweden On September 14, within a week of its launch in Norway, The X-Stream Network (NASDAQ OTCBB:XSNI), the UK's third largest and first free ISP, launched its innovative free ISP portal service in Sweden. The Swedish launch marks X-Stream's third country to date and reinforces its position as one of Europe's most rapidly expanding Next Generation ISP Portals. Under a strategic agreement with ONOFF, Sweden's leading consumer electronics retailer, X-Stream will reach a highly targeted audience in the run up to Christmas. X-Stream's FREE Internet access software will be distributed at all of ONOFF's 66 stores from Monday 13th September. ONOFF is Sweden's largest consumer electronics chain and communicates by direct mail with 3.3 million households, a total of 81% of households in Sweden, every two weeks. Paul Myers, Chief Operating Officer of The X-Stream Network and Managing Director of X-Stream UK, said, "ONOFF has tremendous reach across the country and is recognized as the leading consumer electronics retail chain in Sweden. As in Norway where we launched last week, we have tied up with a powerful, widely known retail partner which we believe will provide an excellent platform for the distribution of our high quality product." Christopher Sukornyk, President, Chief Technology Officer and co-founder of The X-Stream Network added, "We are excited to introduce our latest integrated software and hardware architecture that allows us to quickly deploy new services in the future. We have chosen Scandinavia for the inaugural launch of our latest software, which will be launched in the UK later this year, as we see the region as Europe's most mature with a great history of early adoption." Users will benefit from all regular X-Stream offers such as X-StreamailPlus, 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. Sten Schroder, Managing Director ONOFF said, "This is extremely advantageous to ONOFF. We want to be able to offer our customers the very best in Internet technology. The service offering from X-Stream is exactly that. The bonus is that it is 100% FREE. Our customers will be as amazed as we are." The X-Stream Network Sweden will also offer a local version of X-Stream Central (http://x-stream.se) featuring live up to the minute news provided by partners Expressen, the on-line version of one of Sweden's leading newspapers. This will compliment proprietary content generated by X-Stream's in house editorial team. Stefan Waldeck, X-Stream's Director of Sales and Marketing for Scandinavia added, "Sweden is a massive Internet market. A remarkable 3.5 million Swedish surfers have accessed the Internet in the last 8 months. In May of this year, 1.2 million unique surfers visited an online shopping site. According to Sifo Interactive 500,000 of them purchased something during the last month. There is a significant Internet growth opportunity out there for X-Stream." Already committed to advertise with X-Stream Sweden 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 UK's first 100% FREE Internet access service, which boasts over 445,000 registered subscribers worldwide and now also offers FREE Internet access in Norway and Sweden. 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. With offices in London, Stockholm and Toronto, The X-Stream Network is rapidly expanding its unique service to new territories. The X-Stream Network can be found at x-stream.com, X-StreamailPlus free email and Unified Messaging service at mail.x-stream.co.uk, X-Stream Central at x-stream.co.uk, X-Stream Central Norway at x-stream.no, X-Stream Central Sweden at x-stream.se, X-Stream SmartShopper at smartshopper.x-stream.co.uk and The X-Stream Games Network at x-stream.gamesnetwork.com --30--sm/ny* CONTACT: Kate Webb Diversion Tel: 01628 676727 katew@diversion.co.uk or Paul Myers The X-Stream Network Tel: 0870 730 6466 press@x-stream.com www.x-stream.com KEYWORD: INTERNATIONAL EUROPE INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET RETAIL PRODUCT
Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |