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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 54.08+2.8%Nov 28 9:30 AM EST

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To: lupaka who wrote (5060)9/22/2000 5:38:33 PM
From: lupaka  Read Replies (1) of 5650
 
P6 opening Toronto Hosting Center

PSINet to Unveil New State-of-the Art Toronto
Internet Hosting

Centre

Company to Celebrate Opening of Largest Facility in Canada with
Welcoming Reception and Hosting Centre Tours



PSINet Limited, a wholly owned Canadian subsidiary of PSINet Inc. (Nasdaq:
PSIX), the Internet Super Carrier, will open a new 114,000 square foot global
Internet hosting centre in Toronto, Ontario. The facility will serve as a global
Web hosting and eCommerce centre to Canadian businesses. In celebration
of the grand opening, the company will host a reception and offer tours of the
facility.

WHAT: PSINet reception celebrating the opening of new Toronto Hosting
Centre. The company will also offer hosting centre tours of the new facility.


WHO: William L. Schrader, Chairman and CEO, PSINet Inc.
Harold S. (Pete) Wills, President & COO, PSINet Inc.
Robert Offley, President, PSINet Limited
Nancy Hughes-Anthony, President and CEO, Canadian Chamber of
Commerce
Elyse Allan, president and CEO, Toronto Board of Trade
Tom Copeland, Chair, Canadian Association of Internet Providers
Councilor Jane Pitfield
Councilor Michael Prue
Hon. David Turnbull, Minister of Transportation, MPP

WHEN: Tuesday, September 26, 2000
Interviews available all day
Evening event
6 - 9 p.m.
Official ceremony and speeches
7 p.m.

WHERE: 73 Laird Drive
(south of Eglinton Ave East, between Bayview and Leslie)
Toronto, Ontario



NOTE: Hosting centre tours will be held from 6:05 - 9 p.m. If you would like to
schedule a tour at a different time, please contact Dave Copp to schedule.

For additional information, please contact Dave Copp, PSINet Limited,
416-228-3510 or coppd@psi.ca or Peggy McMahan of Edelman PR,
416-979-1120 or Peggy_McMahan@edelman.com.

PSINet Limited, established in 1996 with headquarters in Toronto, is a wholly
owned Canadian subsidiary of PSINet Inc. Headquartered in Ashburn, Va.,
PSINet is an Internet Super Carrier offering global eCommerce infrastructure
and a full suite of retail and wholesale Internet services through wholly-owned
PSINet subsidiaries. Services are provided on PSINet-owned and operated
fiber, satellite, web hosting and switching facilities providing direct access in
more than 900 metropolitan areas in 29 countries on five continents. PSINet
information can be obtained by e-mail at media@psi.ca, by accessing the web
site at www.psi.ca or www.psinet.com.
quote.bloomberg.com
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