NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: PEAKSOFT CORPORATION
ASE SYMBOL: PKT OTC Bulletin Board SYMBOL: PEAFF
OCTOBER 26, 1998
PeakSoft Announces Promotion Agreement With XOOM.com; Leading direct selling-based Web community to offer the PeakJet 2000 Web-browsing accelerator to its members for trial and sale
BELLINGHAM, WASHINGTON--PeakSoft Corporation (ASE:PKT; OTC-BB:PEAFF-pending), a pioneer in the development of Internet research and communication technology, today announced an alliance marketing agreement with XOOM.com (www.xoom.com), the second fastest growing site on the Web for the first six months of 1998, according to Media Metrix. As part of this agreement, XOOM.com will offer its members the PeakJet 2000 Web-browsing accelerator for trial and purchase through a variety of direct-response marketing efforts.
"We're excited to offer PeakJet 2000 to a qualified group of users such as XOOM.com's members," stated PeakSoft President and CEO Doug Foster. "We believe that they can benefit from the product's advanced acceleration and efficiency features, which make the overall Internet experience faster and more enjoyable."
PeakJet 2000
PeakJet 2000 is a next-generation web-browsing accelerator that significantly speeds up any user's browsing experience. Working with either Microsoft Internet Explorer 3.0+ or Netscape Navigator 3.0+, PeakJet 2000 makes full use of any Internet connection to look-ahead and preload links into cache and to freshen cached pages, giving users faster access to the pages they want to see. PeakJet 2000 builds on the award-winning and innovative technology in PeakJet 1.5, to deliver up to 50 percent more surfing speed on any speed modem, as well as on ISDN-type connections.
PeakSoft Alliance Marketing Program
PeakSoft has entered into a series of marketing partnerships with leading Internet-related companies that seek to meet similar market objectives by delivering technology that significantly improves a user's web experience. PeakSoft's recent market alliance partners include XOOM.com, RealNetworks (RNWK), Symantec (SYMC) and Software Builders International. For more information about PeakSoft's alliance marketing program, please contact Melissa Mandel at mel@theforceimb.com, or Scott Codespoti at jscott@theforceimb.com or by phone at 206-749-4007.
About PeakSoft Corporation
PeakSoft Corporation is a market leader in the development of Internet productivity and communication software products. The company is publicly traded on the Alberta Stock Exchange under the symbol (PKT) and is a pending listing (OTC-BB) under the symbol (PEAFF). PeakSoft is a diversified Internet software company headquartered in Bellingham, Wash., U.S.A. For more information, call 888-377-7325, visit the PeakSoft web site at www.peak.com or send e-mail to info@peak.com.
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FOR FURTHER INFORMATION PLEASE CONTACT:
PeakSoft Corporation Corporate and Investor Relations Chris Kent (360) 752-1100, ext. 119 Email: chrisk@peak.com Website: peak.com
The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein.
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