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Technology Stocks : Network Connection , Inc. (TNCX)

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To: Douglas Nordgren who wrote (263)4/7/1998 5:01:00 PM
From: Douglas Nordgren  Read Replies (1) of 330
 
Yoohoo, anybody here, or did everybody bail at 6?

TNCX has got a mouthpiece, know anything about them?

biz.yahoo.com

The Network Connection, Inc. Names VistaQuest, Inc. Financial Public
Relations Counsel

ATLANTA, April 7 /PRNewswire/ -- The Network Connection, Inc. (TNCi); (Nasdaq: TNCX - news), an industry leading developer and manufacturer of video and multimedia file-server technologies for the airline, cruise line, train, hotel, education, Internet and corporate Intranet environments, today announced that it has named New York City-based VistaQuest, Inc. as its financial public relations counsel.

Founded in 1995, VistaQuest specializes in representing publicly traded companies that are on the threshold of expansion via
breakthrough technology or significant corporate repositioning.

''1998 is shaping up to be a significant growth year for TNCi,'' stated Wil Riner, chief executive officer of The Network
Connection, Inc. ''In the first quarter just completed, we received FAA certification for our AirView(R) product based on our Cheetah(R) video servers, which was also selected by Colgate, Gallaudet and Auburn Universities; and just after introducing our Internet Courseware On Demand (ICOD) initiative, we entered into a co-marketing agreement with EarthLink Network, Inc.

''Including our introduction of a network, video-ready Set Top PC, which is scheduled for delivery April 15, 1998, these developments require us to retain financial public relations counsel that can articulate our success to the financial markets and also maintain a knowledgeable shareholder base.''

''Niche technology companies often have hidden jewels that go completely unnoticed to The Street,'' stated Mark Kabbash, president of VistaQuest, Inc. ''And that is the case with TNCi.

''In addition to gaining major market interest in all aspects of their business, TNCi's ICOD product is an evolutionary step for the Internet that should become the norm. By charging $24 - $36 per hour for content-provider-certified courses over the Internet, TNCi has entered into a high-margin, low-cost online business that provides superior value-added services to users who can complete courses in software, OSHA regulations, Human Resources and Management skills at their own pace, from any location with internet access. Offering this service to EarthLink's 500,000 members is a strategic move that we at
VistaQuest believe represents a significant recurring income stream.''

TNCi designs, manufactures and distributes the Cheetah family of video server platforms that enable the storage and delivery of up to 700 hours of digital video/audio data to up to 300 simultaneous video/audio users over local area networks. Cheetah servers are used to bring interactive, on-demand, full-motion video training, education and entertainment to the networked client computers in the corporate, home, educational and aircraft (AirView(R)), cruise ship CruiseView(R)), train (TrainView(R)), and hotel (InnView(TM)), travel-related entertainment and transport environments. Visit TNCi's web site at tne.com
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