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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE
WEB 27.990.0%Oct 11 5:00 PM EST

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To: VisionsOfSugarplums who wrote (25)4/23/1999 10:51:00 AM
From: Denise D  Read Replies (1) of 1252
 
toowit,

Looks like my source was right on, two PRs released this morning, below. Enjoy.

Denise.

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Net Shepherd Launches Internet Community Management System 2.0

Net Shepherd targets Business Intelligence and e-Business Applications


CALGARY, April 23 /CNW/ - Net Shepherd Inc. announced today the roll out of its patent pending Internet Community Management System 2.0. This release extends the functionality of the company's custom ommunity system and allows the community manager to address community member performance and quality assurance issues. The new platform is server-based and multi-use and has a wide range of applications, including Internet content management, business intelligence, call center automation and e-business communities. To demonstrate the platform for customer specific applications, Net Shepherd also announced the development of its "plug-and-play demo" offering, which will be used by its international business development team to demonstrate the community management system. A plug-and-play demo eliminates the need to demonstrate the technology live on the Internet and enables prospective clients to immediately visualize the technology's economic potential without making a major investment in time or money.

"We are thrilled with the response to this 'roll-out' from existing and potential customers around the world," said Don Sandford, president and CEO of Net Shepherd. "The applications for this platform are unlimited and our greatest challenge is to educate the market on the possibilities of Version 2.0 and the compelling business models." Sandford continued, "Most importantly for Net Shepherd and its shareholders is the revenue model. We charge a development fee for customization of the platform, while the underlying technology platform is licensed to users and hosting and maintenance fees are charged to maintain community-generated databases in real time."

The Internet Community Management System 2.0 gives customers an easy way to capture and analyze new information including market research, data collection and verification, and web content categorization and characterization. This platform is targeted at organizations where information and knowledge are a strategic asset and it helps these same organizations create, share and manage information to create competitive advantage.

To learn of potential partnership opportunities with Net Shepherd, or any one of Net Shepherd's business solutions, Internet technologies, and systems integration services for the 'Net, contact Don Sandford, Chief Executive Officer (403.205.6677) or visit our Web site at netshepherd.com.

Headquartered in Calgary, Alberta and operating globally in cyberspace, Net Shepherd Inc. is traded on The Alberta Stock Exchange under the symbol WEB.

Net Shepherd Inc. delivers Web-based solutions that create new business opportunities for companies.

newswire.ca

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Net Shepherd to Enhance its Community Tools Financed by Warrants Exercised by Vanenburg Group

...Development program focused next generation enhanced community tools


CALGARY, April 23 /CNW/ - Net Shepherd Inc. (ASE: WEB), today announced that the Vanenburg Group of the Netherlands has agreed to exercise approximately 1.6 million warrants at $.50/warrant before the July 31, 1999 expiry date. The exercising of warrants increases Vanenburg Group's stake in Net Shepherd Inc. from 8% to 14%. In addition Vanenburg Group receives a seat on the Board of Net Shepherd Inc., subject to shareholder approval at the company's next Annual General Meeting.

The two companies have reached formal agreement regarding the use of funds made available through the exercising of the warrants. The funds will be used to develop enhancements to a custom browser that will be used by Net Shepherd's Internet community members and licensed for content assurance applications. Funds will also be invested in development of a plug and play demonstration capability that is designed to fast-track business development opportunities. Investment will also be made in the development of neural network technology designed to improve the categorization of web content.

"The collaborative nature of our relationship with Vanenburg makes it possible for Net Shepherd to optimize the focus of our investment on truly market led projects", says Don Sandford, President and CEO of Net Shepherd.

"Vanenburg's decision to increase its equity stake in Net Shepherd is driven by the commercial potential of Net Shepherd's technology to drive more value from enhanced tools and the use of the technology within other Vanenburg companies." added, J.D. van de Geer of Vanenburg Group BV.

Net Shepherd is a leading provider of business solutions to corporations that want to transform the way they do business using the power of the Internet. The Corporation offers a full line of Internet community software solutions, and systems integration services.

Additional information on Net Shepherd is available on the 'Net at netshepherd.com. Net Shepherd Inc. is traded on The Alberta Stock Exchange under the symbol WEB.

Vanenburg Group, formerly known as Vanenburg Ventures, is a private, limited liability Netherlands Company that was formed in 1994. During the last years, Vanenburg Group main activities included providing venture capital funding for technology companies worldwide and invested in companies that supply innovative services and products in the enterprise applications market.

Vanenburg Group acts as financial holding for its investments to date.

newswire.ca
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