Thanks Jim.
By courtesy of Financial Intelligence of today:
Featured Update - Financial Intranet - FNTN
It's been a very tough year for Financial Intranet and a frustrating one for shareholders. Although there were disappointments, the fact that they
were able to attain full reporting status says a lot for their efforts, especially in view of the large number of issues, including some better known
names being assigned an e symbol or sent to the pink sheets. It would appear from the two most recent press releases, that they have overcome
some of the problems that beset them earlier in the year and they may have straightened out their ducks and hopefully have them lined up for the
new Millennium. Given the steady and consistent increase in volume it does bode well for FNTN.
Our work has turned sharply positive on evolving dynamic structure. Upside could exceed highs.
Financial Intranet Selects Global Center for Site Hosting
FNTN Signs Collocation Agreement with Frontier GlobalCenter for Increased Speed and Reliability of
Streaming Media Content Distribution
MOUNT KISCO, N.Y.--(BUSINESS WIRE)--Dec. 2, 1999-- Financial Intranet, Inc. (OTCBB: FNTN) today announced that it will be utilizing
Frontier GlobalCenter's world-class hosting and digital distribution infrastructure and services to host a new streaming media web site scheduled to
launch in First Quarter 2000. The Company's corporate site, www.fntn.com will also reside at Frontier GlobalCenter's Media Distribution Center in
Manhattan.
By selecting Frontier GlobalCenter, FNTN has the advantage of being part of a scalable, highly available, complex hosting infrastructure that runs
on its own OC-48 network. No competitor can match that kind of Internet connectivity.
"We needed a hosting infrastructure that will handle distribution of streaming media without slow down or incident. We selected Frontier
GlobalCenter because of its professional services as well as proven ability to help services such as ours scale to handle demand", said, Maura
Marx, FNTN's Executive Vice President. "Additionally, as a wholesale distributor of Global Crossing's communications services, we'll be streaming
media through the same superior underlying network that we now provide to our customers."
The Frontier GlobalCenter complex hosting infrastructure is comprised of three centers of excellence:
-- The Frontier Optronics NetworkSM - a 20,000 route mile, fiber
optic, redundant ring architecture designed to deliver unrivaled
speed, scalability and reliability. The Frontier Optronics
Network currently connects over 120 major U.S. metropolitan areas
and includes a Cisco powered IP network operating at OC-48 (2.5 Gbps).
-- Frontier GlobalCenter's Media Distribution Centers -
geographically distributed, 24x7x365, on-net data centers
designed to high-security, disaster-resistant specifications to
ensure guaranteed uptime.
-- Frontier Application Networking Services - highly available,
reliable and flexible utility applications and services that
enable anytime, anywhere computing.
Frontier GlobalCenter's MDCs host more than 300 top Internet brands - some of the best known names in the business, including Yahoo!, ZDNet,
Red Hat and eToys. Frontier GlobalCenter facilitates 60 percent of all Internet searches and delivers more than 8.8 billion page views per month,
nearly 2 million hits per minute.
About Financial Intranet
Based in Mount Kisco, New York, Financial Intranet, Inc. has established a proprietary, secured, on-demand data and video information network
that links the brokerage and mutual fund industries together and connects both to the individual investor at the Company's web site www.fntn.com.
The Company also derives revenue from similar communications networks linking individual businesses with their remote affiliates, in addition to the
resale of communications services to the financial and business communities. For more information visit Financial Intranet at www.fntn.com
About Frontier GlobalCenter
Frontier GlobalCenter, a unit of Frontier Corporation, is a leading international Internet Protocol (IP) applications and communications services
provider. Frontier recently agreed to merge with Global Crossing Ltd. (NASDAQ: GBLX). The combined company will own and operate the first
seamless global IP network with 88,100 ultra-high bandwidth fiber miles connecting 170 major cities in 24 countries. For more information, visit the
Frontier Web site at www.frontiercorp.com or Frontier GlobalCenter at www.globalcenter.net.
Safe Harbor Statement
Certain statements made in this release may contain language describing the plans, goals, strategies, intentions, forecasts and expectations of
Financial Intranet that may be referred to as "forward-looking statements." Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those
projected in the forward-looking statements as a result of various factors.
Financial Intranet Signs Agreement with Info Directions
MOUNT KISCO, N.Y.--(BUSINESS WIRE)--Nov. 30, 1999--Financial Intranet, Inc. (OTCBB: FNTN) announced that it has chosen
CostGuard for its in-house billing and customer care solution. Developed and licensed by Info Directions, Inc., the software will enable the
Company to bundle long distance, Internet access, video conferencing and video streaming services onto one client bill. FNTN had previously
relied on a service bureau to bill corporate clients.
"We wanted to be able to present our end-users with one simplified bill for all of our services. We also felt compelled to take control of the billing
process instead of relying on a third party," explained Maura Marx, Executive Vice President of Financial Intranet. "This agreement is the result of
an extended period of due diligence into billing and customer care systems. Key factors in our decision to go with the CostGuard solution were its
outstanding reputation among licensees, coupled with scalability and control. We can now use our own personnel to monitor billing operations, and
detect and correct problems when they occur."
About Financial Intranet
Financial Intranet, Inc. has established a proprietary, secured, on-demand data and video information network that links the brokerage and mutual
fund industries together and connects both to the individual investor at the Company's web site www.fntn.com. The Company also derives revenue
from similar communications networks linking individual businesses with their remote affiliates, in addition to the resale of communications services
to the financial and business communities.
About InfoDirections
Info Directions, Inc (IDI) is a software development company that manufactures, installs and supports core rating, billing and customer care
solutions to the emerging telecommunications and data marketplace. Built on a high-performance usage based rating engine, CostGuard products
deliver convergent billing solutions to multi-service providers of long distance, local, wholesale, data, gas and electricity. Integrated with advanced
web-enabled functionality, CostGuard is the premier choice for service providers seeking an immediate return on investment from billing operations.
A Microsoft Certified Solution provider and a member of the MSDN ISV Program, IDI licenses CostGuard in the United States from its
headquarters near Rochester, NY and regional offices throughout North America. To learn more about Info Directions, Inc. please call
1.800.924.4110 or visit www.infodirections.com.
Safe Harbor Statement
Certain statements made in this release may contain language describing the plans, goals, strategies, intentions, forecasts and expectations of
Financial Intranet that may be referred to as "forward-looking statements." Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those
projected in the forward-looking statements as a result of various factors.
_________________________________________________________________________ Featured Update ll - NetGateway - NGWY
Since acheiving Nasdaq listing two months ago, NetGateway has risen to a higher price range on much improve average volume levels and a very
strong opening day for its Nasdaq debut. So far so good. The stock acts well and a potentially dynamically bullish structure. With Ecommerce
stocks like Ariba (ARBA) and Commerce One going through the roof, I'm somewhat puzzled as to why Netgateway as a very promising business
to business, (B2B) contender and Ecommerce player with a lot going for it has been left behind by as sector where almost everything else is going
the through the roof. If Commerce One is worth $1000, NetGateway has to be deserving of a valuation of somewhere between $20 and $100
given some of the high profile agreements it has in place. Perhaps Year 2000 will see this issue gain some greater respect from Wall St.
Have a great Wednesday
_________________________________________________________________________
The Long and Short of it
FNTN We've waited a long time for confirmation of a buy signal. The buy signal is in. Long.
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