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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (16189)9/21/1999 1:13:00 PM
From: interesting man  Read Replies (1) of 108040
 
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




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