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Microcap & Penny Stocks : MXNT ($1.75)>>

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To: Opus who wrote (54)3/12/1999 9:12:00 AM
From: WallStreetTips  Read Replies (2) of 91
 
MXNT >> Opens New Development & Sales Headquarters in FL


Friday March 12, 7:59 am Eastern Time
Company Press Release
Maxnet Opens New South Florida Internet Development and Sales Headquarters
FREEHOLD, N.J.--(BUSINESS WIRE)--March 12, 1999--Maxnet, Inc. (OTC BB:MXNT) The New Jersey corporate headquarters of MXNT announced today that it has purchased new office space in the heart of South Florida for its growing Internet Development and Sales departments.

Being in the center of the action was part of MXNT's strategy since South Florida and its international clientele is growing as a major hub for Music/Entertainment, Film, Nightlife, Sports and Technology. ''With all the events that currently take place in Miami it is the perfect fit for www.MaxPlanet.com's entertainment/techno-info/Internet vision,'' states Robert Fuchs VP of sales and marketing for MXNT. South Florida is ripe for business with its blend of cultures as its seeds. MXNT believes that its Hispanic Portal MundoMaximo.com is way ahead of the curve in many areas on the Internet because of the distinctive South Florida - Miami flavor.

''MXNT's new office space will take on the look and feel of a living, breathing www.MaxPlanet.com Portal as we roll out some of our plans,'' states Michael Marsowicz CTO for MXNT.

MXNT plans to invite businesses and affiliates into the space to develop their own areas just like a Portal on the Internet. MXNT is installing Web Cams into the new office space for streaming development activities right into MXNT's Internet communities. The company plans to be the 'First Portal Office' space to bring all of its day to day development activities into the Internet space. By approaching this as an online and offline community/neighborhood, the brick and mortar space melds with MXNT's Internet strategy of building a grid of companies into a business epicenter. A business may join MXNT's community and have immediate access to Network services, Internet services, and Consulting. ''By melding it into the Users lives we believe belonging to a real community will enhance and grow our subscriber base online and offline to our services,'' states Michael Marsowicz CTO for MXNT.

Maxnet, Inc. is an integrated Internet Development Company focused on creating and expanding strategic alliances for its comprehensive network of consumer and business-oriented web services with offices in New Jersey and Florida.

For further information on Maxnet, visit their websites:

maxplanet.com
maxplanet.com
maxplanet.com mxnt.com
maxplanet.com
Maxnet, Inc., MXNT 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 Maxnet technologies, the overall market demand for internet services, the presence of technologically inferior products and services which are priced or promoted to compete with Maxnet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information.

----------------------------------------------------------------------
Contact:
Maxnet Inc., Freehold
I. Goldreich, 732/625-0770

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