This mornings current bid ask...2 1/2 x 2 5/8
Anyway,...
(COMTEX) B: H-NET(R) Announces Partnership With Roanoke Technology Co
B: H-NET(R) Announces Partnership With Roanoke Technology Corp. and Top-10.com
for its On-Line Services
NIAGARA FALLS, N.Y., Apr 18, 2000 /PRNewswire via COMTEX/ -- H-NET,COM, Inc.
(OTC Bulletin Board: HNSP) announced today an agreement with Roanoke Technology
Corp. (OTC Bulletin Board: RAKEE)(RTC) of Roanoke Rapids, N.C. that allows
H-NET(R) to offer its clients world-class Internet marketing and promotion
management through RTC's Top-10.com. Vision care providers will have powerful
web tools available through H-NET(R) to promote their web sites and mount
awareness campaigns.
The Top-10.com pact will provide H-NET(R) a percentage of all transaction
revenue from H-NET(R) referred customers and from H-NET's own existing client
base of 6,500 vision care providers.
In a related development, H-NET(R) and Roanoke Technology, which is an IBM
Business Partner, also announced an agreement to exclusively offer the IBM
(NYSE: IBM) Global Purchasing Plan (GPP) in Europe. Under the terms of the
agreement, H-NET(R) will supply electronic payment processing and cash
management services to GPP websites, which are designed for B2B supply chain
procurement. Projected transactions are estimated to be millions per month after
the GPP becomes fully operational in June. H-NET will receive revenues for all
sales from customers using the H-NET(R) electronic payment processing and cash
management services for the GPP.
Anton Stephens, CEO of H-NET, said: "This is a significant step forward. Our
agreement with RTC means we are not only offering vision care professionals a
comprehensive suite of products and services to manage their practices, but we
should now begin to benefit from revenue streams outside of vision care."
H-NET.COM, Inc. is emerging as the global digital B2B solutions provider for the
vision care industry. The company is positioned to become the central hub for
all vision care e-commerce with its one-stop multi-service Internet portal and
transaction processing services. The company offers a comprehensive suite of
electronic business and e-commerce services, in addition to being the leading
provider of enterprise software. Customers include retail opticians and chains,
optometrists, ophthalmologists and optical labs. Management plans to broaden the
reach of its B2B e-commerce transaction processing in 2000 while releasing
innovative e-commerce solutions.
For more information about the company visit the web site, www.h-net.net,
contact Christine, (905) 475-3249, or e-mail, info@h-net.net. For press
releases, SEC filings, price quotes, stock charts and other information, visit
Hawk Associates' web site, www.hawkassociates.com, contact Frank Hawkins at
(305)852-2383, or e-mail: info@hawkassociates.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding the expansion of the Company's
operations are forward-looking statements. Words such as "expects," "intends,"
"believes," "anticipates," and "likely" also identify forward- looking
statements. Actual results may differ from such forward-looking statements as a
result of a number of factors.
SOURCE H-NET, Inc.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Frank Hawkins of Hawk Associates, 305-852-2383, or e-mail,
info@hawkassociates.com, for H-NET.COM, Inc.
KEYWORD: New York
North Carolina
INDUSTRY KEYWORD: MLM
CPR
HEA
SUBJECT CODE: JVN
OTC
URL: h-net.net
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