Have you seen the latest press release. It looks like we have a tiger by the tail here. I see only one way on this stock and that is straight up!!!!!
Power Direct - Investing in the Making of New Market Leaders Internet
Strategies That Change Traditional Markets
TORONTO--(BUSINESS WIRE)--Feb. 25, 1999--Power Direct's (OTC BB: PWDR)
Recent Letter of Intent to make a substantial investment in
LANSource Technologies Inc. has propelled it into the Internet
marketplace. As a result of the new funding, LANSource will be able to
deliver big on their Internet Fax for ISP/NSP (Internet Service
Providers / Network Service Providers) strategy launched in early
January 1999.
According to LANSource President Marc Bisnaire, ''The ISP/NSP will
play a key role in the future corporate network, where corporate LAN's
are enhanced by ISP provided services. This service will be equally
appealing to SOHO and global enterprises alike.''
LANSource's ISP Internet Fax strategy represents a paradigm shift
in the LAN fax server industry by eliminating the need for the
traditional fax server on the corporate LAN. Businesses, from the
biggest enterprises to the smallest SOHO, can outsource their fax
operations to their ISP -- all while saving on long distance calls.
For the ISP this means they have a service they can sell to their
existing client base.
''When a paradigm shift happens in an industry this usually means
new market leaders and exponential growth opportunities'' sites Jack
Sha, President of Power Direct Inc. He adds, ''LANSource's newly
released technology is amazing because it is a true open system
architecture that combines both the Internet Control Network Software
and a plethora of on-ramp software ideally suited to the business
market. This combination will allow it to quickly dominate this new
and growing market sector.
''As a supplier to ISP's, LANSource is strategically positioned to
be the key player in Fax over IP solution. Fax over IP is happening
now, and LANSource intends to leverage its close relationships with
industry leaders such as 3Com, IBM, Digi, Brooktrout, Dialogic to
expand the world finest Virtual Fax Network'' says Bisnaire. ''We are
going to put our award winning ''Fax to:'' button on every desktop and
make the fax as transparent as e-mail'' he states.
LANSource is a solid, dynamic market driven company with the
management and the experience to execute this strategy. This
investment enables this market savvy and technology rich company to
better implement their vision. With companies such as 3Com and IBM
currently working with LANSource, as well as licensing their software
the ability to be the market leader is well within reach.
On behalf of the Board of Directors,
(signed)
Robert Klein, Chairman
For further information please contact Investor Relations at
(604) 664-0484, or toll free at 1-888-488-6882, or please visit
powerdirectinc.com For additional information on LANSource
Technologies Inc. please visit lansource.com
Contact:
Power Direct, Toronto
Investor Relations, 604/664-0484
or toll free at 1-888-488-6882
or please visit powerdirectinc.com
or
For additional information on LANSource Technologies
Inc. please visit lansource.com |
