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

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To: Kimberly Lee who wrote ()9/29/1999 12:50:00 PM
From: IPOhopper   of 108040
 
PNET Announces Distribution Agreement with WAZZU.COM
Wednesday September 29, 8:59 am Eastern Time

Company Press Release

SOURCE: PHON-NET.COM

PHON-NET.COM Announces Distribution
Agreement with WAZZU.COM

SEATTLE, Sept. 29 /PRNewswire/ -- PHON-NET.COM (OTC Bulletin Board: PNET - news) announces
Distribution Agreement with WAZZU.COM, a supplier of businesses web pages. The agreement supplies 20,000
Phon-Net Direct Connect software licenses to the existing WAZZU.COM business web sites immediately. An
additional 5,000 licenses will be supplied to WAZZU.COM for use with their expanding customer list. A
comprehensive search engine directory of all businesses utilizing the Phon-Net Direct Connect service and icon is
under construction and will be available at the WAZZU.COM web site in the near future. Consumers looking for
businesses and products, with the ability to talk directly to the business and place their order, using the Phon-Net
Direct Connect service, will find a complete list of businesses at WAZZU.COM with the new search engine
directory. The Phon-Net Direct Connect icon on these business web sites will provide consumers with a method
of placing a SECURE PURCHASE using their telephone, not the Internet, while viewing the web page.

The Company's Phon-Net Direct Connect software connects consumers, using a single phone line connection to
the Internet, to talk to businesses, while viewing their web page! Phon-Net Direct Connect is free to consumers
and requires no special hardware, skill, membership, or credit card approval. The software will currently work
with 97% of consumers in the US today.

All forward-looking statements made by PHON-NET.COM involve material risks and uncertainties and are
subject to change based on factors beyond PHON-NET.COM's control. Accordingly, PHON-NET.COM's future
performance and financial results may differ materially from those expressed or implied in any such
forward-looking statements. Such factors include, without limitation; those described in PHON-NET.COM's
filings with the United States Securities and Exchange Commission. PHON-NET.COM does not undertake to
publicly update or revise its forward-looking statements even if experience or future changes make it clear that
any projected results expressed or implied therein will not be realized.

Investor information can be found at www.phon-net.com , symbol PNET on OTC/BB or by contacting Tizo
Maduro - investor relations at 1-800-668-6274 for an investor information package.

SOURCE: PHON-NET.COM
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