IJNT.NET TARGETS GLOBAL MARKETS WITH BROADBAND WIRELESS INTERNET ACCESS AND TELECOMMUNICATIONS SERVICES
-- Discussions with Partner and Joint Venture Candidates in Europe and the Middle East --
Houston, TX - April 27, 1999: IJNT.net (OTC BB: IJNT), a leading wireless and high-speed Internet access provider, today announced that the new international division of its UrJet™ Internet subsidiary is deploying high-speed, wireless Internet access and developing its backbone network in Europe and other parts of the world.
The Company said it is in discussions with potential partners and joint venture candidates in Germany, Turkey, Portugal, India, Egypt, United Arab Emirates, and Sweden. IJNT hopes to finalize these agreements shortly in order to support the full-scale rollout of its broadband wireless Internet access and telecommunications services throughout calendar 1999.
IJNT General Counsel Brandon Powell said that much of the international interest in IJNT.net was generated through the Company's appearance last month in Germany at the CeBIT '99 Expo, the largest computer and electronics show in the world.
Powell explained, “In Europe and other regions, the use of phone lines for Internet access is even more frustrating and expensive than here in the United States. IJNT's wireless two-way system frees the Internet user from the phone line with better, cheaper, and faster access. We think there is tremendous pent-up demand for our services throughout the world, and are now forging alliances with local partners and international carriers to make this a reality.”
The Company's two-way wireless Internet service allows users to bypass the local phone company and receive immediate, reliable access at competitive prices. The service includes digital modems, direct T-1 or greater bandwidth connections to the Internet backbone, and top quality equipment and software.
UeJet Internet has already begun to build a global presence through its worldwide dial-up Internet access services, and also offers the high-speed, wireless Internet access to domestic markets.
The Company also indicated that CEO Jon Marple was interviewed for television on the popular European show Investing in America, which will air in Germany, Austria, and Switzerland on NTV, Germany's premier news channel, on May 2nd, 1999 at 10:35 a.m. The show reaches an audience of millions of viewers in Europe and the U.S.
IJNT.net provides high-speed, wireless Internet access and telecommunication services to homes and businesses without the use of phone lines. The Company's subscriber base is increasing as the service expands nationwide. IJNT also provides website development and e-commerce services as well as dial-up Internet access throughout the U.S. and internationally. The Company's rapid growth is the result of aggressive marketing and sales, internal development, acquisitions, and strategic alliances.
This press release may contain forward-looking statements made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, subscriber growth, product demand, competition, and other risks and uncertainties detailed from time to time in the Company's periodic reports, including Quarterly Reports on Form 10-Q and Annual Reports on 10-K. This and additional information can be found on the Company's website at www.ijnt.net or can be obtained from the Company upon request.
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