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Gold/Mining/Energy : PKS-PeakSoft Multinet Corp. (was PeakSoft Corp.)

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To: Andrew who wrote (1442)5/12/1999 3:25:00 PM
From: Brian Warner  Read Replies (1) of 1470
 
PEAKSOFT MULTINET CORPORATION
PRESS RELEASE
For Immediate Release
May 12, 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 Launches Internet Solution Enhancing Productivity for Professionals
in Law, Real Estate, Travel and Small Businesses

PeakTrack Business Series to Become Foundation for
Online Business Community

NETWORLD + INTEROP -NOVELL PARTNER PAVILLION,
BOOTH 6037 Las Vegas, May 12, 1999 -- PeakSoft Multinet Corporation
(ASE: PKS; OTC-BB: PEAMF), a leading provider of Internet
communication solutions, announced today the release of the PeakTrack
Business Series, content rich software tools designed to increase
productivity in small businesses. PeakTrack will enhance the
functionality of the company's online business community, Peak.com,
located at peak.com

An easy to use and efficient knowledge management solution, the
PeakTrack Business Series initially consists of four industry
specific tools, PeakTrack Law, PeakTrack Travel, PeakTrack Realty and
PeakTrack Business. "The PeakTrack Business Series is an exciting
breakthrough for small businesses. This innovative product combined
with our content rich web site, Peak.com, allows companies in the
legal, realty, travel and other industries to utilize customized,
user-friendly software designed to increase efficiency and
productivity," said Doug Foster, CEO of PeakSoft Multinet.

PeakSoft has a co-marketing alliance with Novell's Small Business
Group (Nasdaq: NOVL), who just launched on Tuesday, May 11 the Novell
Small Business Suite 5 at the Networld + Interop show. "The
PeakTrack Business Series combined with Novell's Small Business Suite
5 provides small businesses with powerful tools to increase the
efficiency and productivity of their operations," added Foster.

About PeakTrack Law:
PeakTrack Law is a powerful tool for legal administrators, law librarians,
paralegals, legal researchers and lawyers who need an easy-to-use
means to master the wealth of legal information available on the web.
This innovative software connects users directly to the legal
Internet and provides access to the top legal web sites and resources
available with the click of a mouse button.

About PeakTrack Realty:
PeakTrack Realty is the ideal software solution for realtors, brokers and
their assistants who need to easily manage the proliferation of real
estate information on the web. With point-and-click ease, users can
obtain listing information over the Internet quicker than the
competition to provide superior value for clients.

About PeakTrack Travel:
Travel agents are quickly realizing they need to learn to exploit industry
resources available on the web to maintain a competitive edge and
stay in business. PeakTrack Travel is designed to provide brokers,
agents and their assistants with an easy-to-use, efficient doorway
to the Internet.

About PeakTrack Business:
PeakTrack Business is designed for owners, managers, employees and
consultants of small businesses. PeakTrack Business can be
custom-tailored to fit the needs of entrepreneurs and help them
organize the latest information and tools available via the Internet
to provide them with a competitive advantage.

System requirements for PeakTrack Business Series are as follows:
* Pentium( CPU with 32 MB RAM or higher
* 10 MB hard disk space, minimum 5 MB additional disk space for cache
* Microsoft Internet Explorer 3.0, or later, or Netscape Navigator 3.0 or later
* Windows( 95, Windows( 98 or Windows( NT 4.0
* Any speed modem, ISDN,T3 or T1 connections

Each PeakTrack Business Series component is priced at $99 and the first
250,000 people who register on Peak.com will receive the tool for
free and for a limited time will have free access to company's online
business community. To register: visit peaktrack.com or
peak.com.

About PeakSoft Multinet:
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
(Nasdaq: NOVL), 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 addresse 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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