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Microcap & Penny Stocks : PNET - XGAG Phon-Net

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To: JP390 who wrote (50)2/18/1999 9:40:00 AM
From: IPOhopper  Read Replies (1) of 262
 
PNET news...

Thursday February 18, 6:00 am Eastern Time

Company Press Release

SOURCE: Phon-Net Corporation

Phon-Net Announces Strategic Marketing Alliance
With BCD Online, an ISP, and E-Mail on Demand

VANCOUVER, British Columbia, Feb. 18 /PRNewswire/ -- Phon-Net (OTC-Bulletin Board: PNET - news) today
announced a strategic marketing alliance with BCD Online to market e-commerce solutions via Phon-Net to BCD's
web-based businesses. BCD, an exclusive authorized reseller of CNM Network, is a nationwide ISP providing e-commerce
solutions to the world. ''Our low-end goal for 1999 is to successfully market 100,000 Phon-Net units,'' said Charles Jarvis,
President of BCD Online. Additional information can be found on BCD's website at www.bcdonline.com.

The BCD agreement, as a sub-distributor under the recently announced exclusive marketing contract with Adatom, Inc. for
the U.S., is a continuing part of Phon-Net's fast track plan to make Phon-Net Direct Connect accessible to every web-based
business. Recently Phon-Net announced the 50 million dollar national distribution agreement with Adatom, Inc. for Phon-Net
Direct Connect software in the U.S. Continued discussions for global distribution are ongoing.

Phon-Net also announced the addition of e-mail on demand to Phon-Net Direct Connect's software package. Phon-Net
Direct Connect's revolutionary software, allows consumers to utilize a single phone line to view a company's website and
simultaneously talk with that company's representatives. This simple but vital feature allows consumers to contact a company
without fear that their personal information will fall into the wrong hands. Pointing out that 95% of U.S. households only have
one telephone line, Brian Collins, President of Phon-Net, stated, ''a staggering amount of e-commerce is currently being lost
without Phon-Net Direct Connect simply because customers are either afraid to send their credit card information over the
internet, or because they must first disconnect from the internet before, they can contact the company they found on the
internet.''

By clicking on the Phon-Net Direct Connect.com icon on any business web page, consumers and websurfers will be able to
connect to the company by phone, leave voice mail, and now also receive custom e-mail from the business.

Outgoing e-mail can he updated by the business 24 hours a day, 7 days a week, and may be as lengthy as required.
Businesses have the option of including business or employment information, specials, promotions and coupons. ''Every
business with a webpage will be able to increase sales with this software,'' Collins said.

All forward-looking statements made by Phon-Net Corporation involve material risks and uncertainties and are subject to
change based on factors beyond Phon-Net Corporation's control. Accordingly, Phon-Net Corporation's future performance
and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such
factors include, without limitation, those described in Phon-Net Corporation's filings with the United States Securities and
Exchange Commission. Phon-Net Corporation does not undertake to publicly update or revise its forward-looking statements
even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

SOURCE: Phon-Net Corporation
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