News is now out 9:30 AM look inside: NetCurrents Announces Expanded Internet Services Extensive Services, Advanced Technology Helps Corporations Manage Online Perceptions and Internet Information LOS ANGELES--(BUSINESS WIRE)--Jan. 4, 2000--NetCurrents Inc. (Nasdaq:NTCS - news), The Premier Internet Intelligence Agency (formerly IAT Resources Corp.) today announced the expansion of InvestorFacts one of their business-to-business Internet services and the introduction of CyberFacts and CyberPerceptions, two new business-to-business Internet services.
InvestorFacts tracks and monitors more than 50,000 message boards, Internet locations, e-publications and newsgroups for publicly traded companies, providing clients with an extensive range of online information combined with a real-time alert monitoring system to combat fraud and misinformation found on the Internet.
CyberFacts is NetCurrents second level of service, offering companies all of the elements of InvestorFacts, in addition to weekly and monthly activity reports, message removal and response to negative or incorrect postings.
CyberPerceptions, NetCurrents most sophisticated service to date, includes all of the features of CyberFacts and, in addition, allows clients to select targeted notification criteria and customize the frequency and range of their reporting. As part of CyberPerceptions, NetCurrents also offers strategic support for corporate branding and customer perception, through the use of the Company's proprietary technology. The CyberPerceptions service offers additional features that are custom designed, based on the specific criteria of each client and arc included at no extra cost.
``Initially our services were limited to InvestorFacts, offered on a limited basis, for monitoring corporate misinformation on the Internet. By expanding NetCurrents proprietary, real-time monitoring and notification service, we now offer more sophisticated corporate services,' announced Irwin Meyer, CEO of NetCurrents.
``This includes competitive intelligence, strategic information dissemination, due diligence support, merger/acquisition support, asset tracking, forensic accounting support and numerous crisis intervention services.'
``We believe NetCurrents offers the first total solution to proactively manage and correct Internet misinformation,' said Victor Holtorf, Chief Operating Officer of NetCurrents. ``We intend to move rapidly to assist public corporations in becoming proactive in the war against fraud and misinformation on the Internet and to continually offer new services which will assist them in their strategic planning to protect their shareholders' value. Our goal is to give companies an edge against competition and allow them to maintain the appropriate perception of their company with the public.'
``Information is power, and until this time, businesses haven't had an effective way to monitor, respond, react, or effectively collect and manage Internet Information in real-time,' added James J. Cerna, NetCurrents, Executive Vice-President/Strategic Planning. ``Perhaps the most important aspect of our technology and analysis is the way it helps protect corporations from rising cases of Internet fraud.'
NetCurrents Inc.
NetCurrents, The Premier Internet Intelligence Agency, thoroughly analyzes communications from thousands of targeted Internet locations in real-time. The Company provides clients with critical information and counsel to protect their corporate image, measure consumers' perceptions, and counter misinformation. NetCurrents provides comprehensive monitoring, analysis and management of information on the Internet. Due to the sensitivity of businesses that require this type of technology and analysis, the confidentiality of NetCurrents' clients is assured. For more information on services and technology provided by NetCurrents, call 650/401-3200 or visit our Web site at www.netcurrents.com or email info@netcurrents.com.
This news release contains forward-looking statements within the meaning of Section 37A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ from those indicated in the forward-looking statements, including the Company's ability to successfully market and provide their services, general economic conditions and other risks that are discussed in the Company's filings with the Securities and Exchange Commission (including the Company's Annual Report on Form 10-KSB). The Company undertakes no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise.
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