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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE
WEB 27.990.0%Oct 11 5:00 PM EST

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To: hx4 who wrote (1121)6/27/2000 1:24:00 PM
From: Denise D   of 1252
 
News Release!

NET SHEPHERD INC. - NEW CLIENTS BUILDING REVENUE FOR ANSWERS.COM
Successes prove appeal of Answers.Com's offer to small companies

Calgary, Alberta - Tuesday, June 27, 2000, 12:49 PM EDT

Net Shepherd Inc. (CDNX: WEB) announced today that Answers.com, its Pasadena-based subsidiary company, has signed up its first set of clients in small and medium-sized businesses across a variety of industries. This provides market proof of the attractiveness of Answers.com's offer to small and medium-sized companies.

''We have always said that we believed that Answers.com's approach to online customer support would be very attractive to smaller businesses and this proves that we are on track'', said Don Sandford, President & CEO of Net Shepherd Inc. ''This is a huge market. There are hundreds of thousands of small and medium-sized companies aiming to do business through their websites.''

Bill Fogg, CEO of Answers.com, said, ''We believe our solution is a major improvement for companies of all sizes that need to cost-efficiently respond to customer inquiries. Our recent announcement with GE Plastics shows that large companies appreciate our technology, scalability and ability to customize to their requirements. This announcement shows that smaller companies also find our offer appealing. We're certain the market demand for our product is strong.''

Among the companies that will be using Answers.com's services are:

- HomeDiscover.com: an on-line business-to-consumer real estate company that facilitates the buying and selling of residential properties.
- Florist.com: an on-line florist (www.florist.com) based in Beverly Hills, California.
- CoPort Technologies Inc.: a unique marketing company that develops 'resourcebars' that help organisations while giving consumers the 'best of the Web' through a community feeling and personalized content such as news, weather and entertainment - all personalized according to the consumer's zip code.

These customers will begin using Answers.com's services on their websites in the coming weeks.

''This is just the beginning'', concluded Fogg. ''In the coming weeks and months, we hope to see our number of small and medium-sized customers growing into the tens, hundreds and eventually thousands.''

About Answers.com:

Answers.com (www.answers.com) is a provider of online customer service tools that help businesses of all sizes manage inquiry volume, minimize costs and maximize customer satisfaction. Through their advanced question and answer technology, Answers.com provides the best tools for online customer service support. Simply put, it allows their customers' customers to quickly find real answers to their questions - 24 hours a day, seven days a week - right from the convenience of their company's Web site.

Established in 1996 by idealab!, Answers.com was recently acquired and relaunched by Net Shepherd, Inc. to target the business-to-business market.

About Net Shepherd Inc:

Net Shepherd Inc (NSI) (www.netshepherd.com) has proprietary technology and know-how that enables businesses to collect information and perform work by using communities of people connected to the Internet. These services have paradigm-breaking speed and cost advantages over alternative solutions. NSI invests in the development of its technology and licenses its applications to worldwide third party businesses as well as subsidiary application companies (AppCos). It also intends to take the AppCos to public financial markets, or enter into strategic alliances and/or industry sales. NSI currently supports three AppCos: Answers.com, ktopia and ClickChoice.com.

enewsservices.com
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Denise.
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