MXNT news out...
What do you guys think of this one - still under $1,
has a 52 week high of $4.50
Maybe the next CNKT?
(COMTEX) B: MXNT LAUNCHES WWW.MAXPLANET.COM 'BIG-PORTAL'
B: MXNT LAUNCHES WWW.MAXPLANET.COM 'BIG-PORTAL'
FREEHOLD, N.J., Dec. 2 /PRNewswire/ -- MXNT (OTC Bulletin Board: MXNT)
is pleased to announce www.MaxPlanet.com. Titled "Big-Portal," MXNT's
MaxPlanet.com allows internet users access to services such as MXNT's
upcoming Big-Auction, shopping, MAXIM MUSIC's audio & video, free
e-mail, e-push technology, and many of the upcoming benefits of one of
MXNT's premier products www.Webphonebook.com.
By integrating rich ambient media into MXNT's "Big-Portal," internet
users will be treated to a much awaited alternative to static banners
and buttons. MXNT's entertainment division MAXIM MUSIC will be
producing E-mercials that allow users a 2 minute interactive preview in
rich ambient media before the user decides to click thr to another site.
The CTO for MXNT, Michael Marsowicz stated that
"http://www.maxplanet.com/maxauction Big-Auction beta with boards are
up ... We want users to begin posting to the message boards and bid
boards for beta testing starting today."
Furthermore, MXNT is pleased to announce that it has signed a
definitive Co-Branding Proposal with Planetary Motion, Inc.
(PlanetaryMotion.Com), a privately held company based in Glencoe,
Illinois. Planetary Motion, Inc. is developing a unique,
telephony-based application for the busy person who is away from the
computer, yet needs to access or manage personal or corporate
information efficiently. Planetary Motion's product line, CoolMail, is
targeted towards accountants, consultants, attorneys, executives, and
traveling sales people. The CoolMail service enables anyone to listen
to e-mail messages from anywhere using the telephone, and then reply or
re-direct that information at the touch of a button or the sound of
their voice.
According to industry statistics prepared by Planetary Motion, the
number of people using free e-mail services as of March 1997 total 18.5
million. Furthermore, the estimated e-mail messages moving through US
computers by the year 2000 will equal or surpass 6.6 trillion.
MXNT will be offering the CoolMail service on all of its premier and
affiliate websites including Webphonebook.com.
Michael Marsowicz, CTO of MXNT stated, "Imagine a JAVA Applet that
actually is a search tool, a Webphonebook, a video streaming tool and a
personal desktop icon all in one." Additionally, MXNT's
Webphonebook.Com will offer businesses an exclusive presence on a
featured Internet website service in a selected geographic area of
their choice. With hundreds of industries that could potentially
benefit from the Webphonebook service and considering that over $11
billion is spent annually on Yellow Page advertising alone, the
Company's potential is enormous.
For further information on MXNT, visit their websites:
mxnt.com
webphonebook.com
maxplanet.com
1class.com
or contact OTC Financial Network at 1-888-682-3622,
otcfn.com.
Maxnet, Inc. is currently changing its name to reflect its new
diversified Internet marketing business.
Certain of the statements included in this press release constitute
forward-looking statements within the meaning of Section 27A of the
Securities Exchange Act of 1934, as amended. The Company notes that a
variety of factors could cause the Company's actual results and
experience to differ materially from those expressed in these
forward-looking statements.
This release may contain forward-looking statements, made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995, that involve risks and uncertainties which might
cause the actual results to differ materially from those projected in
any forward-looking statements. Factors which could affect results
include the development and introduction of competitive technologies,
the market awareness and acceptance of the MXNT technologies, the
overall market demand for internet services, the presence of
technologically-inferior products and services which are priced or
promoted to compete with MXNT services, the ability to attract and
retain technical personnel, and the ability of the Company to protect
its proprietary information.
SOURCE MXNT
-0- 12/02/98 /CONTACT: I. Goldreich, VP of
MXNT, 732-625-0770; or OTC Financial Network, 888-682-3622, for MXNT/
/Web site: mxnt.com /Web site:
webphonebook.com
/Web site: maxplanet.com /Web site: 1class.com
/Web site: otcfn.com
(MXNT)
CO: MXNT ST: New Jersey IN: CPR MLM SU: PDT
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