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Technology Stocks : Icon CMT Corp. (ICMT)

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To: Kat who wrote (96)5/29/1998 5:17:00 PM
From: elmer pacardo  Read Replies (1) of 128
 
I thought its appropriate to post this most recent article for ICMT...this thread is so quieeeeeeeeeeeeet.

Icon CMT Corp. and American Business Press Form Strategic and
Business Alliance

WEEHAWKEN, N.J. & NEW YORK--(BUSINESS WIRE)--May 28, 1998--Icon CMT
Corp. (NASDAQ: ICMT), the tier-one Internet solutions provider to businesses and
corporations, and American Business Press (ABP), the association of global information
providers, today announced a strategic and business partnership. The new alliance will help
bring leading-edge Internet services, technology, and consulting services to publishers
throughout the world.

Strategically, Icon CMT will work with ABP to help introduce Internet services to the more
than 1,100 publications worldwide represented by ABP. Icon CMT has also been named an
associate member of ABP and additionally has been selected to provide network services
connecting ABP offices to the Internet.

"The future of publishing is clearly linked to the future of the Internet," said Gordon Hughes,
president of ABP. "This alliance with Icon CMT will provide ABP with a powerful and
knowledgeable business partner capable of helping our member publications with many of their
Internet needs."

"We look forward to working with ABP and its member organizations," said Scott Baxter,
president and CEO of Icon CMT Corp. "Icon CMT has a long history of working with media
and publishing companies, so we're certainly excited by the opportunities this alliance will
provide." About American Business Press

Established in 1907, American Business Press is the industry association for
business-to-business information providers, including producers of magazines, CD-ROMs, Web
sites, trade shows and other ancillary products that build upon the printed product. Today, ABP
represents an $8 billion marketplace with more than 1,000 audited publications that span 181
industries and serve 37 million readers. ABP includes most major business-to-business
publishing groups, including Cahners Business Information, CMP Media, Crain
Communications, IDG Communications, Intertec Publishing, Lebhar-Friedman, The
McGraw-Hill Companies, Mecklermedia, Medical Economics Co., Pennwell Publishing, Penton
Media, Phillips Business Information, and Ziff-Davis Inc. About Icon CMT Corp.

Icon CMT Corp. is a tier-one Internet solutions provider for businesses and corporations. The
company offers a value-added platform of communications, technology and professional
services to provide organizations with end-to-end solutions for the design, development and
management of mission-critical applications and information across its nationwide network
backbone. Founded in 1991, Icon CMT is traded on the Nasdaq under the symbol ICMT.
Additional information about Icon CMT is available through the company's Web site at
icon.com, or by calling 1-800-ASK-ICON (275-4266).

This release may include forward-looking statements concerning
Icon CMT Corp.'s intent, belief or current expectations with respect
to, among other things, trends affecting its financial condition or
results of operations and its business and growth strategies. Such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties that may cause actual results to
differ materially from those projected, expressed or implied. Icon CMT
does not undertake any obligation to update or revise any
forward-looking statements.
CONTACT: Icon CMT Corp.
Mike Darcy, 201/319-5251
mdarcy@icon.com
or
American Business Press
Peter W. Shih, 212/661-6360
p.shih@abp2.com
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