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Technology Stocks : PNLK..ProNetLink..Facts Thread

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To: ilh1 who started this subject8/10/2000 8:12:32 AM
From: thebeaver1   of 291
 
Thursday August 10, 7:33 am Eastern Time
Press Release
ProNetLink.com Adds Over 3 Million Companies to Its International Procurement Directory
Expanded Online Directory Features 6.8 Million Qualified Companies from 177 Countries.
NEW YORK--(BUSINESS WIRE)--Aug. 10, 2000--ProNetLink.com (OTCBB:PNLK - news), the Global Trade Internetwork(TM), announced today that its online international Procurement Directory has grown to over 6.8 million companies from 177 countries as compared to 3.3 million companies from 122 countries in 1999.

The ProNetLink.com Procurement Directory is the front-end of the Global Trade Internetwork(TM) and allows businesses to quickly and easily find companies that buy and sell specific products or services anywhere in the world. The Procurement Directory allows a user to begin the trade process by first finding a potential trading partner then automatically sending a Request for Quote to all companies that matched the search. Following the RFQ process ProNetLink.com provides a frictionless solution for all other necessary trade services such as financing, shipping, insurance, compliance, tariffs and regulations.

``The strength of the ProNetLink.com Procurement Directory is that the firms included in it are qualified companies'', said Glenn Zagoren, Co-Chairman of ProNetLink.com, ``we have found that many of the ''business directories`` on the Internet contain old and incorrect information or are created from phonebook listings with limited value. The ProNetLink.com directory features over 6.8 million real companies and is a tool designed for executives who want solid, accurate information that can be used to help increase sales.''

The new data comes directly from international online users of ProNetLink.com, an information sharing relationship with Dun & Bradstreet and other reliable resources such as international trade associations.

The expansion of the Procurement Directory has resulted in the following improvements:

Companies with a D&B rating will now display the D&B logo on their listing.
Users will be able to access a firms D&B credit report directly from the ProNetLink.com directory thereby speeding up transaction decisions.
Additional business rating systems will be displayed on a company record that will allow users to quickly determine the credentials of a company.
4.4 million company listings are now from outside the United States...up from 1.5 million in 1999
Comparison of number of records by region, 1999 vs 2000:

USA: 1,783,000 to 2,422,000
Canada: 163,000 to 293,000
South/Central America: 36,000 to 138,000
Africa: 3,000 to 20,000
Europe: 996,000 to 1,774,000
Mid-East: 4,000 to 45,000
Asia/Oceana: 318,000 to 1,073,000

Expanded ``Business Category'' description, in addition to full ``Line of Business Description''
Trade Style business name, in addition to ``official'' company/corporation name.
Additional companies from high-volume export/import industries that include:
Agricultural Services; Forestry Products/Wood; Commercial
fisheries & preserves; coal, metals, oil & gas mining
businesses; heavy construction/industrial construction
companies; communication services companies, and int'l
standards Testing companies; Prepared Foods; Finished Apparel;
Machinery/Computer products; Transportation Services, and
Wholesalers/ Distributors.

Indexing/Storage database software upgraded plus database re-structuring for faster searches, better Advanced Search capabilities.
Re-designed/enhanced search, results, and display screens - easier to read information, easier to use process.
Branding, with images and/or logos, of various types of records within database.
``As the global market continues to expand we will continue to expand the ProNetLink.com Global Trade Internetwork'' said David Walker, CIO of ProNetLink.com, ``We know the trade process and we understand the needs of growing SME's. We combine the best of that knowledge into ProNetLink.com.''

The new and improved ProNetLink.com Procurement Directory features will fully activated on Monday August 14th.

About ProNetLink.com

ProNetLink.com offers a frictionless e-commerce solution for global trade. ProNetLink's web site (www.ProNetLink.com), called the Global Trade Internetwork(TM), is an online, interactive webtool(TM) where small to medium sized businesses can work within the site to arrange all areas of global trade including procurement, logistics, finance, insurance, product certification and much more. Seasoned professionals or newcomers to the world trade market can use ProNetLink.com to identify business opportunities that will help increase revenues, as well as take advantage of tools and resources that will enhance operating efficiencies. ProNetLink.com offers a horizontal trade services solution for vertical e-based businesses around the world. Currently the ProNetLink.com Procurement Directory contains over 6.8 million companies from 177 countries.

About PNLTV.com

ProNetLink.com also features www.PNLTV.com, the Internet's first global trade news broadcast network. PNLTV.com broadcasts a live newscast Monday through Friday at 11:00 a.m. EST featuring current global trade issues, interviews with government and international business leaders and reports from correspondents from around the world. PNLTV.com also offers in-depth coverage of special events such as the United Nations, U.S. Department of Commerce, WTO Meetings and the World Economic Forum in Davos, Switzerland. All PNLTV.com broadcasts are archived for viewing at anytime. PNLTV.com is free to viewers and can be accessed through the ProNetLink.com home page or by visiting www.PNLTV.com.

For more information, please contact ProNetLink.com, 645 Fifth Avenue, Suite 303, New York, NY 10022 Tel: 212/688-8838, email: info@pronetlink.com.

ProNetLink.com is publicly traded on the NASDAQ exchange OTC Bulletin Board: PNLK (PNLK.OB).

The ProNetLink.com logo, The Global Trade Internetwork and PNLTV logo are registered trademarks of ProNetLink, Corp.

This release contains, in addition to historical information, forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect ProNetLink.com's current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to risks and uncertainties, which could cause the Company's results to differ materially.

--------------------------------------------------------------------------------
Contact:
ProNetLink.com
Glenn Zagoren, 212/688-8838
gz@pronetlink.com
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