Mako Capital, Inc. Signs Letter of Intent with
Wireless Internet Provider
Tuesday, February 2, 1999
Rancho Mirage, California - Mako Capital, Inc. (NASDAQ OTC: MAKO), today
announced that is has signed a letter of intent to enter into a joint venture
with Alliance Resource, Inc.
The agreement will give Mako Capital, Inc. exclusive rights to become a
reseller of WWAN service systems in the State of California, Oregon and
Washington, with the first right of refusal in the states of Nevada and
Arizona. Mako Capital, Inc. is also eligible to expand its marketing into
additional States as it is able with no restrictions on markets, areas or
countries, except where previously granted exclusives are in effect.
Mako Capital, Inc. would be, under this option, granted the "Rights to market,
distribute and resell" the WWAN service to any private or public entity that
intends to become an ISP or commercial data client. Alliance Resource, Inc.'s
wireless technology allows Internet access up to one thousand times faster
than traditional modems at a reasonable cost. The revolutionary technology
enables the user full Internet access without the use of telephone lines.
This reduces the cost of Internet use by eliminating the telephone expenses.
Jayne Newell-Lanza, President of Mako Capital, Inc., stated by employing an
aggressive development strategy, Mako Capital, Inc. will be well positioned to
take advantage of the Internet technological market, already being targeted by
prominent online communications companies. Mako Capital, Inc. believes that
this package of products and services will be extremely attractive to ISPs and
other partners to resell to their existing commercial clients. Jayne Newell-
Lanza stated that this joint venture with Alliance Resource, Inc. will provide
a complete solution for business on the
Internet. Ms. Newell-Lanza further stated that the signing of this letter of
intent is consistent with our growth strategy of creating key strategic
alliances and acquisitions which will position Mako Capital, Inc. into the
technological market place.
Mako Capital, Inc. is continuing its negotiations with other possible Internet
acquisitions, which will include Internet access, online trading, online
travel, E-Commerce services and other financial media entities.
Further information may be obtained through the company:
Mako Capital, Inc.
Jayne Newell-Lanza, (800) 959-9122
E-mail: MakoCap@aol.com
makocapital.com
This news release contains forms of forward-looking statements that are based
on the company's beliefs as well as assumptions made by information currently
available to the company. Such statements are subject to certain risks,
uncertainties and assumptions, which are identified in the company's
corporate financial statements and business plan.
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Mako Capital, Inc. Acquiring
Financial ublication and Website
Wednesday, February 3, 1999
Rancho Mirage, California - Mako Capital, Inc. (NASDAQ OTC: MAKO), today
announced that the company is in the process of acquiring Profit Magazine, the
authoritative, financial-driven, upscale lifestyle magazine.
The publication also launched its E-commerce website, www.ProfitMagazine.net,
in December of 1998. Mako Capital, Inc. will be utilizing technology
universalized by companies such as Ebay (NASDAQ: EBAY-news) and Geocities
(NASDAQ:GCTY-news), to expand the Profit Magazine website into an auction
website, which will connect buyers and sellers of various upscale items and
exotic travel. The website will include applicable tools for internet users,
such as a fully functioning financial section, complete with stock quotes,
stock reports, financial news and investment articles. The site will also
have the capability to search the internet via multifarious search engines.
Profit Magazine is distributed to thousands of locations throughout the United States _______________________________
oh my!!
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