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PEAKSOFT MULTINET CORPORATION
PRESS RELEASE
For Immediate Release
May 11, 1999
For more information, contact:
RUBENSTEIN PUBLIC RELATIONS
Contact: Sarah Cohn
212-843-8045
INVESTOR RELATIONS::
PeakSoft Multinet Corp.
Bellingham, WA
360-752-1100
invest@peak.com
RUBENSTEIN INVESTOR RELATIONS
Contact: Kevin Theiss
212-843-8096, ktheis@rir1.com
PeakSoft Multinet Announces Peak.com,
An Online Business Community
Peak.com to Leverage Technology and Novell Alliance
to Empower Vertical Businesses
NETWORLD + INTEROP -NOVELL PARTNER PAVILLION, BOOTH 6037
Las Vegas, May 11, 1999 - PeakSoft Multinet (ASE: PKS; OTC-BB: PEAMF), located
at peak.com, a leading provider of Internet communication
solutions, announced today the development of Peak.com, a new content
rich online business community. Leveraging the company's marketing
alliance with Novell (Nasdaq: NOVL), Peak.com will begin empowering
small business users with a unique, full-service website for the
gathering and sharing of critical information.
"The company is leveraging its assets; powerful technology, years of
Internet experience and strategic alliances to provide a unique
service to the untapped small business market. Businesses need an
easy solution to gain value from the Internet and remain competitive.
Peak.com offers a combination of free and premium services coupled
with powerful organized content," said Doug Foster, CEO of PeakSoft
Multinet.
To provide these solutions and services to vertical business segments
around the world, PeakSoft Multinet has entered into a co-marketing
alliance with Novell's Small Business Products Group. Through the
alliance, Novell's worldwide customers will have access to Peak.com
and the PeakTrack Business Series.
"Our alliance with PeakSoft Multinet is a prime example of Novell's
commitment to providing superior, integrated and easy-to-use
solutions to small businesses around the world. Partnerships like
this will provide current and future Novell customers with a dynamic
set of software and Internet/intranet services to meet the unique
needs of vertical industry entrepreneurs," said Ben Anderson, Vice
President of Engineering at Novell.
Utilizing the company's proprietary technology, Peak.com will
introduce users to the full potential of the web as a powerful
business tool and increase productivity by providing a host of easily
accessible business resources and services. Initially designed to
service companies with up to 100 employees in the legal, travel, real
estate and other small business sectors, Peak.com will provide quick
and timely access to industry-specific and general news, an online
networking forum for the sharing of information a a variety of
business and vendor services, both free and subscription based.
In addition, Peak.com users will have exclusive access to the
PeakTrack Business Series, a unique suite of software products also
being launched at the Networld + Interop show. Designed to provide
knowledge management solutions and important content for specific
vertical industries, this product suite initially consists of four
software-based solutions: PeakTrack Law, PeakTrack Realty, PeakTrack
Travel and PeakTrack Business. Each PeakTrack Business Series
product will enhance productivity by providing targeted news and
content, organizing, tracking and automatically updating information;
and facilitating communications and commerce with clients and
associates.
About PeakSoft Multinet Corporation:
PeakSoft Multinet Corporation is a leading developer of software
tools and Internet solutions designed to empower small- and
medium-sized businesses. To reach a wide-range of consumers, the
company has constructed several strategic marketing alliances with
Novell, RealNetworks (Nasdaq: RNWK), Symantec, Software Builders and
Xoom.com (Nasdaq: XMCM). Publicly traded on the Alberta Stock
Exchange (PKS) and on the OTC Bulletin Board (PEAMF), PeakSoft is
headquartered in Bellingham, WA. For more information, visit the
PeakSoft web site at www.peak.com or send email to info@peak.com.
This release may contain forward-looking statements as well as historical
information. Forward- looking statements, which are included in
accordance with the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, may involve known and
unknown risks, uncertainties and other factors that may cause the
company's actual results and performance to be materially different
from any results or performance suggested by the statements in this
release. Such statements, and other matters addressed in this press
release, may involve a number of risks and uncertainties including
price competition, technological advances, decreased demand or
diversion to other software solutions.
The Alberta Stock Exchange has neither approved nor disapproved of
the information contained herein.
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