Thursday February 3, 3:44 pm Eastern Time
Company Press Release
Weaving A Tangled Web -- Net Shepherd In Case of Mistaken Identity
CALGARY, Alberta--(BUSINESS WIRE)--Feb. 3, 2000--(CDNX:WEB. - news)
Net Shepherd Inc.(CDNX: WEB - news) announced today that it has no connection with Webraska Mobile technologies, which issued an announcement yesterday carrying the symbol WEB.
``We've had quite a few calls about this announcement,' explained Peter Hunt, Net Shepherd's Vice President of Corporate Affairs. ``Webraska provide real-time
traffic information, maps and navigation on mobile phones. They are not publicly traded and the WEB symbol seems to be a reference to their stand at an exhibition in France and nothing to do with a stock exchange.'
``Net Shepherd's combination of Distributed Task Forces and an Internet Community Management System will be providing a range of high-speed, lost-cost, paradigm-breaking information services for businesses,' said Hunt, ``but updating 26 maps of Paris' most congested locations isn't one of them.'
Background Notes:
Net Shepherd's technology helps companies that want to transform the way they do business and create new opportunities using the Internet. It uniquely uses an
Internet-based community of Distributed Task Forces to provide the gathering of information and the management of work at the speed of the Internet.
Net Shepherd develops, partners with and invests in companies that use this technology in a variety of different applications.
Net Shepherd Inc. is traded on the Canadian Venture Exchange under the symbol WEB.
Information and statements in this document, other than historical information, should be considered forward-looking and reflect management's current views of
future events and financial performance that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially include, but are not
limited to, the following: general economic conditions and developments within the Internet and Intranet industries; product development and technology changes;
competition and pricing pressures; length of the sales cycle; variability of sale order flow and the management of growth.
``THE CANADIAN VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN.'
Contact:
Net Shepherd Inc.
Peter Hunt, Vice-President, Corporate Affairs
900, 800 6th Avenue SW
Calgary, Alberta T2P 3G3, Canada
Phone: 403/218-8917
Fax: 403/232-6711
E-mail: peter.hunt@netshepherd.com
Website: www.netshepherd.com |
