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Microcap & Penny Stocks : VNIN - Next Hot Internet Stock?

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To: micky who wrote ()9/24/1998 8:59:00 PM
From: micky   of 32
 
(PR NEWSWIRE) Valence 9 Announces Strategy for Business Growth
Valence 9 Announces Strategy for Business Growth

MOUNT DORA, Fla., Sept. 23 /PRNewswire/ -- Valence 9 Development Inc.,
(OTC Bulletin Board: VNIN), a Nevada corporation founded in February 1997
operates in the growth area of Internet Solutions. Valence 9 has a highly
developed strategy for business growth. This strategy is one that will build
on Valence 9's own existing product development. Through the continuation of
this product development, and a vigorous program of acquisitions, Valence 9
will position itself as a comprehensive Internet Solutions and Internet
Service provider.
Key personnel in Valence 9 include:
CEO: Robert Short, formerly a senior executive at Radio Free Europe/Radio
Liberty in Munich, Germany, has more than 30 years experience in information
technology including 20 years at senior executive level. He pioneered the use
of information technology logistic simulations for the Department of Defense,
has planned and successfully implemented large global IT and
telecommunications systems in several countries and introduced use of the
Internet to support broadcasting operations for the world's largest surrogate
radio organisation.
Chief Technology Officer: Wayne Walrath, the designer and developer of
PageFactory is an expert in Internet technology and a successful entrepreneur.
He is the founder and president of Acme Technologies which focuses on database
development, systems integration and real time data capture. He was also a
Microsystems specialist with Radio Free Europe/Radio Liberty where he planned
and implemented a broadcast management system and assisted in developing
administrative information systems migration planning prior to its relocation
to Prague. His technical experience includes the major languages and internet
protocols and he has worked on or developed for Macintosh, Dos, Unix and
Windows NT Servers and BackOffice applications.
CFO: Dr. Michael Gordy is an independent organisational strategy
consultant who specialises in information and telecommunications technology
and management development. He is a founding board member of AJA
International which develops and markets software solutions and consulting
tools as well as being Director General of Transitions and Perspectives Ltd, a
brokering and consulting company. He has worked as an External Consultant for
many years on such varied projects as health care, digital equipment and the
social implications of social technology for the United Nations Research
Institute for Social Development.
Under the first leg of its expansion strategy, Valence 9 identified a
niche market. This being the development of an Operating System for the
Internet, which would allow end users, more specifically non-technical users,
to put content onto the Internet without the need for any specialist skills.
The product that has been developed is known as PageFactory and currently runs
on the Apple Mac platform. A PC-based version will shortly be available. The
first public PageFactory installation was deployed in September 1996 at
Oklahoma State University where it is used to allow their 20,000 students to
create their own web content.
As part of the growth strategy, Valence 9 has entered into discussions
with a number of companies and is currently undertaking detailed due diligence
on these.

SOURCE Valence 9 Development Inc.
-0- 09/23/98
/CONTACT: VenGua Investor Relations, +44-1926-337676, or fax,
+44-1926-339924, or groupho@vengua.co.uk, for Valence 9/
(VNIN)

CO: Valence 9 Development Inc.
ST: Nevada; Florida
IN: MLM
SU: OTC







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