Another avenue of recognition....every little bit helps.
AM
SAN DIEGO--(BUSINESS WIRE)--Feb. 9, 1999--IP Equity, Inc., a leading Internet-targeted investor communications firm, announced today that it had created the first MicroCap Internet Index. The ISN MicroCap Internet Index will debut on the company's Internet Stock News(TM) financial site, www.internetstocknews.com in early March.
With 36,000 Internet stock investors Internet Stock News(ISN) is one of the largest circulation Internet investment publications in the world. Internet Stock News is creating a 100% free financial portal to explain the benefits of investing in Internet stocks to retail investors to be released next month. Features will include free real time quotes, online stock offerings of Internet companies, independent commentary and analysis by ISN Analyst, Ted Kunzog and ISN Staff Writers, and comprehensive indexes for Internet Stocks including Large Cap, Mid Cap, Small Cap, Content, E-Tailing, ISP's, Web Advertising, Services, and Internet Enabler stocks. Internet Stock News e-mail updates with Internet industry news, analysis, and online offerings are always free at www.internetstocknews.com
Companies to be included in the initial ISN MicroCap Internet Index include K2 DesignKTWO , Marketguide MARG , WaveRider CommunicationsWAVC , Wave Systems WAVX , ConnectCNKT , Leap GroupLEAP , Starnet Communications SNMM , 800 Travel Systems IFLY , BlueflyBFLY , Shopping.comIBUY , Online System ServicesWEBB , EtelETEL , and Global Media CorporationGLMC .
Companies to be considered for addition depending on change in their reporting status include The Entertainment Internet EINI , Executone XTON , Peaksoft (PKT.AL, PEAFF Pending), World Commerce Online WCOL , Plenum Communications PLNM , Infonautics INFO , Planet Entertainment PNEC , Intelect Communications ICOM , Auction Television Network ATVW , Homecom HCOM , Softlink SFLK , GIC Global GGNC , mPhase Technologies XDSL , Inland Entertainment INLD , Today.com TODY , Virtual TechnologyVTCO and Xin Net, Inc. XNET .
IP Equity President and Internet Stock News Founder Chris Agarwal states, "With the recent passing of the OTC Bulletin Board Eligibility Rule by the NASD and SEC, companies must start reporting or face de-listing. We think that this will allow the OTC BB to become a fertile ground for emerging technology companies to seek a listing similar to what the Nasdaq was in the 80's and 90's. The industry that will benefit from this ruling most is the Internet. While many microcap Internet companies already trade on the NASDAQ Small Cap exchange, emerging Internet businesses can now quickly raise capital and become effectively publicly traded with decent exposure through quotation on the OTC Bulletin Board. It is almost as if, through regulation, the NASD and SEC have effectively deregulated the exchange for small cash-starved Internet companies and enabled the Internet industry to grow at a more rapid pace."
About IP Equity:
IP Equity, Inc. is a leading Internet-targeted investor communications firm for small cap and microcap companies that derive the majority of their revenues from the Internet or Internet-related products and services. To find out more about IP Equity Investor Communications for your Internet company, visit www.ipequity.com.
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