Ezenet enters strategic alliance with ValueWeb
PUBLIC FLOAT: 2 million shares ASE Symbol - EZE
ISSUED SHARES: 7.46 million shares CUSIP No. 655416 10 5
TORONTO, Nov. 15 /CNW/ - EZENET Corp., a leading Canadian software
company, today announced that it has entered into a strategic relationship
with VALUEWEB, a leading worldwide web hosting company. EZENET has taken its
premier Internet software product, INSTAbase, and aligned it with VALUEWEB's
hosting service. The two companies intend to ally to create increased
opportunities for small businesses worldwide with their Internet exposure and
software applications. EZENET's INSTAbase software is distributed in retail
stores in North America, the United Kingdom, and Europe, and VALUEWEB hosts
web sites for customers in more than 117 countries.
The alliance is designed to enhance the individual's and small
businesses' online exposure by offering a powerful and easy-to-use-software in
combination with affordable web hosting. INSTAbase is ideal for small
businesses and individuals that want to establish a presence online, enhance
their existing web page, and/or enter the world of e-commerce with ease.
VALUEWEB's affordable web hosting packages appeal to small businesses
worldwide that wish to establish a presence on the web, but that do not have
the resources of larger companies.
"This is a valuable relationship for EZENET, VALUEWEB, and small
businesses, because it provides an Internet solution at a reduced cost.
EZENET's software in combination with VALUEWEB's web hosting service creates a
powerful solution for small businesses and individuals looking to enhance or
launch their Internet web sites," stated Haron Ezer, EZENET's President and
CEO. "Together EZENET and VALUEWEB will provide consumers with a convenient
and cost-effective means of maximizing their Internet exposure. The synergy
between INSTAbase and VALUEWEB's web hosting will greatly benefit the consumer
as the relationship grows between the two companies."
"VALUEWEB is pleased to have this opportunity to offer the INSTAbase
product to our customers," said Jeffrey D. Rubenstein, VALUEWEB's Chief
Operating Officer. "We think the relationship with EZENET is important to our
success in the web hosting market space, and we look forward to continuing and
expanding our joint strategies into 2000 and beyond."
About ValueWeb
ValueWeb (http://www.valueweb.net) helps small businesses establish a
presence on the Internet by providing low-cost, entry-level solutions and, as
their sites mature and expand, also provides supplemental products and
services for seamless migration to higher-end services. The company,
established in 1996, is owned and operated by e.spire Communications, Inc.
(NASDAQ: ESPI) and now hosts more than 50,000 business Web sites for customers
in more than 117 countries around the world.
ValueWeb's multimillion-dollar data center is located in Deerfield Beach,
Florida and is manned 24 hours a day, 7 days a week. The equipment installed
in the data center includes 7500 series Cisco routers, a 7 terabyte IBM
robotic tape library, an IBM RS/6000 SP supercomputer, a 200 KVA UPS emergency
power system, and an 8-liter diesel generator. ValueWeb is an IBM ISP Business
Partner, and a Registered Microsoft Web Presence Provider, and a Network
Solutions Alliance Partner.
About e.spire Communications, Inc.
e.spire Communications, Inc. (NASDAQ: ESPI) is a leading integrated
communications provider, offering traditional local and long distance,
Internet access and Web-hosting services, and advanced data solutions, such as
ATM and frame relay. In addition, e.spire's subsidiary, ACSI Network
Technologies, Inc., provides third parties, including other communications
concerns, municipalities and corporations, with turnkey fiber-optic design,
construction and project management expertise. For more information on
e.spire, contact espire.net.
About Ezenet Corp.
Ezenet Corp. (ALBERTA: EZE) is a leader in developing high-tech and
Internet software solutions in today's technological and e-commerce market.
EZENET has created, developed, and managed a variety of software titles,
hardware support, and Internet capabilities which provide high-tech solutions
to banks, trust companies, insurance companies, and the consumer market.
Ezenet's software expertise allowed for the development of "INSTAbase Web-
Ready", a unique, powerful, yet simple software program that allows users to
quickly create databases of their own design and to publish their databases to
the Web without programming. Further information is available through Ezenet's
corporate web site at www.ezenet.com.
About INSTAbase
INSTAbase 4.0 Web Ready is an easy to use information organizer for day
to day needs. The unique "Web Ready" feature gives even novice Internet users
the ability to instantly publish their databases to the Web. INSTAbase is
ideal for e-commerce, scholastic or social purposes, arranging a roster with
photos or medical records, implementing inventory control for a business, or
building a list of recipes for that new diet. Acclaimed in PC World, PC
Magazine, Business Week Magazine, the Houston Chronicle and the Los Angeles
Times, INSTAbase was placed by all among the very best applications. INSTAbase
is currently available at CompUSA, MicroCenter, Staples - Business Depot, and
Office Depot outlets in North America and retails for $69.95. Additionally,
INSTAbase is available in the United Kingdom and Germany. For a full
demonstration of INSTAbase 4.0 Web-Ready, an online press kit is available at
instabase.com. INSTAbase can also be downloaded and used
free for 30 days.
The Alberta Stock Exchange has neither approved nor disapproved the
information contained herein.
For further information: Terry Rogers, CFO, Ezenet Corp., Phone:
(416) 482-3037, Fax (416) 482-0707, E-Mail - terry@ezenet.com, Internet -
www.ezenet.com; For Investor Relations information contact: Gary Perkins,
Phone: (905) 889-1711, Toll Free 1-800-225-2744, Fax: (905) 889-2511, E-Mail -
investorrelations@ezenet.com |
