(BSNS WIRE) Maxnet Announces Hardware and Software Upgrades Maxnet Announces Hardware and Software Upgrades Business Editors/Technology Writers FREEHOLD, N.J.--(BUSINESS WIRE)--April 15, 1999--Maxnet, Inc. (OTC BB:MXNT) New Jersey based MXNT announced today that in order to accommodate the thousands of new Users to MXNT's www.MaxPlanet.com and www.MaximAuction the Company is seeking to beef up its technological back end with Silicon Graphics Servers. MXNT needs the additional HorsePower to drive Video and Audio integration throughout their Portal Communities and alliances. This move makes MXNT 'Cable - Ready' for the upcoming convergence of the Internet/TV models. The Silicon Graphics technology supports the streaming protocols since Silicon Graphics began interfacing with NT. The Additional two Silicon Graphics Servers and a New Switch will increase MXNT's scalability since traffic has been driven up on www.MaxPlanet.com and MAX!Auction-www.MaximAuction.com has taken off. The Company will be testing, reviewing and scrutinizing its integration of all segments of www.MaxPlanet.com over the next 30 days. "Customer Service for our Users, Preferences and Eyeballs for the delivery of targeted ads for our advertisers is where the Company will be for the next 30 days," stated 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. --30--pp/mi* CONTACT: Maxnet, Inc., Freehold I. Goldreich, VP, 732/625-0770 Fax: 732/625-0777 KEYWORD: NEW JERSEY FLORIDA INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |