MXNT.. more news after the bell
Wednesday April 14, 4:00 pm Eastern Time
Company Press Release
Maxnet Announces Agreement to Offer and Promote Free Networds
FREEHOLD, N.J.--(BUSINESS WIRE)--April 14, 1999--Maxnet, Inc. (OTC BB:MXNT) announced an agreement with Netword, Inc. - www.Netword.com to offer Free Networds to the MXNT Portal communities.
''Networds deliver the landscape and real estate to our visitors, and gives an AOL Keywords concept to our Videos and E-Commerce areas. Networds go back to CompuServe's philosophy of TOP Categories, or top levels for any site. With Networds, visitors to MXNT's sites may get to our Web resources fast; and that leverages the MAX! Brand even further,'' stated Michael Marsowicz, CTO for MXNT.
''Networds offer MXNT's members a free and simple method to navigate www.MaxPlanet.com's site and the Web,'' stated Michael L. Wise, President and CEO of Netword, Inc.
The Netword System includes a free browser add-on (a one-minute download) permitting users to enter Networds directly in their browser address lines. Networds may also be entered at www.Netword.com, or at any Website with a Netword slot. Users may create Free Networds for any URL, and make them instantly available to other users.
Netword, Inc. is based in Gaithersburg, Maryland. The patented Netword System permits universally available easily remembered user-friendly names to be created for any URL. For a small registration fee, Owners of Internet resources, such as webpages, ftp files, or e-mail addresses, may create Networds to reach their Internet addresses directly. Networds pointing to businesses, entertainment locations, personal Websites, sports figures and teams, TV and radio stations, news stories, and government entities are currently available in Netword, Inc.'s database.
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 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.
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Contact:
Maxnet, Inc., Freehold
I. Goldreich, VP
732/625-0770 |
