The Millennium Network Corporation
CDNX Stock Symbol: MLM
210, 9087B ? 198 th Street, Langley, BC V1M 3B1
Phone: 604.888.3170, Fax 1.888.656.2008
March 1, 2000
NEWS RELEASE ? Release Date: immediate
Millennium consolidates offices to aid expansion
The Millennium Network Corporation is pleased to advise that effective today it has re-located its
corporate office from Calgary, Alberta to Vancouver, British Columbia. The company?s new office is at
#210, 9087B 198 th Street, Langley, BC V1M 3B1 adjacent to its e-commerce pick & pack distribution
facility. The relocation of the corporate office will allow Millennium to streamline is operation and to
more effectively share resources throughout the company.
? Moving our corporate office to Vancouver will result in considerable cost savings for the company,?
says Bernie Lauser, President & CEO of Millennium.
?It only makes sense to consolidate our operation in Vancouver as we can easily handle our clients?
needs for all of Western Canada from here,? adds Renato Cavaliere, COO of the company. ?We are
seeing excellent growth in our client portfolio and have set our sights on quickly establishing a facility
in Eastern Canada as well as in the US in order to capitalize on the tremendous need in e-commerce
product fulfillment.?
The timing and current market demand for e-commerce related distribution and fulfillment could not be
more favorable. Recent media reports attest that one of the main reasons e-tailers are not turning profits
is the high cost of distribution. Millennium is solving this issue by providing (3PL) or third-party
logistics to those companies that are looking to increase the efficiency of their delivery process while at
the same time cut their distribution costs.
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For more information:
Jim Kootnekoff, Manager Investor Relations
Phone: 604.649.9399 or toll-free 1.877.387.5526
Fax: 1.888.656.2008
E-mail: investor@wowya.com
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release |
