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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: New Economy who wrote (24811)11/22/1999 4:30:00 PM
From: Moneylover  Read Replies (2) of 62348
 
AXX/tse
Axia NetMedia Corporation AXX
Shares issued 25,935,091 1999-11-19 close $8.45
Monday Nov 22 1999

Mr. Art Price reports
Axia NetMedia's wholly owned subsidiary, Citizen Connect UK, has signed a continuing agreement for delivery of its NetMedia application, Job Connect, with University for Industry in the United Kingdom. UFI is an organization established by the British government in order to execute its plans to improve the level of skills and training in the United Kingdom population and create a society of life-long learners.
Job Connect will contribute revenue to Axia through a number of channels, such as user-pay, sponsor-pay, licensing and hosting. The agreement provides Axia a minimum number of prepaid subscriptions for the program, with a value of approximately $4.75-million. Axia expects larger revenues over the coming years from this, its first NetMedia product sale.
Job Connect answers a growing worldwide demand for efficient education and retraining of the workforce. Axia approaches this NetMedia solution from a global perspective, marrying the power of the Internet with the ability to customize content to reflect the cultural and linguistic differences from country to country. It is expected that Job Connect will become the global standard for on-line retraining, mentoring and career enhancement.
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