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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT

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To: WallStreetTips who wrote ()4/8/1999 5:03:00 PM
From: Michael Graham  Read Replies (1) of 1125
 
More MXNT news!

Maxnet Announces Trademark and Patent Applications

Thursday April 8, 3:58 pm Eastern Time

FREEHOLD, N.J.--(BUSINESS WIRE)--April 8, 1999--Maxnet, Inc. (OTC BB:MXNT - news) New Jersey based MXNT announced today that it has filed a Trademark Application in Japan for MaxPlanet/Japan.

Additionally, the Company has filed Trademark Applications for MAX!, MAX!'s characters and the character MAX! as ''The First Internet Ambassador.''

Furthermore, the Company plans to file a detailed Patent Application describing all the future possibilities for MAX! as ''The First Internet Ambassador.''

MAX! is multi-cultural and has multiple personalities; MXNT's MAX! character is seeking to mirror the many facets of the World Wide Web, and become 'The First Internet Ambassador,''' stated M. Marsowicz CTO for MXNT.

M. Marsowicz added: ''How can a User to www.MaxPlanet.com enjoy all of our programs and affiliates with so many sites and barriers? By MXNT rapidly deploying MAX!'s interactive art and graphics we are extending the www.MaxPlanet.com brand throughout our Community. Our future MAX! will be embarking on the Internet and beyond by sending MAX! to different communities as a marketing tool to develop real estate for other sites. Similar to a franchise, MAX! will be a celebrity ambassador to all entertainment mediums. By blending MAX! with personalization of an additional character and site within our community we may achieve what Yahoo, Disney, AOL and others are attempting to do disparately.''

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, VP, 732/625-0770
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