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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (10173)6/8/1999 7:57:00 AM
From: Jetta  Read Replies (1) | Respond to of 52051
 
sw, news from BIZN,
(previous mention)

Monday June 7, 8:26 am Eastern Time
Company Press Release
www.eBIZnet.com, Inc. Completes $1 Million Financing
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--June 7, 1999-- www.eBIZnet.com, Inc. (OTC BB:BIZN), (www.eBIZnet.com), a multifaceted Internet company, announced today that they have completed a $1 million private financing.

CFO Willis Hale stated: ''We are very pleased that as this funding has allowed eBIZnet to integrate vertically and strategically via its acquisition program, eBIZnet has added five different strategic Internet divisions for a risk-balanced Internet portfolio.''

''The company has acquired and is in the process of acquiring companies with which it transacts business. This will allow us to benefit from the synergies created.''

eBIZnet's Internet operations now include:

-Electronic Business Network, Inc. (www.ebn-inc.com), an Internet publishing and portal company developing specialized content. EBN derives its income from selling Internet banner advertising across its network of websites which consist of 17 major portals and 28,500 websites. This acquisition provides a major revenue stream as well as traffic to eBIZnet owned websites.
-JBX Online, Inc. (www.jbx-inc.com), a commercial ISP offering new technology in bandwidth delivery from local to global networks. JBX is a leading Web Hosting service offering state of the art, secure website hosting to businesses of all sizes. JBX's turnkey business and corporate website solutions includes server colocation, bandwidth on demand (TM), and leased line support.
-StormCrow Studios, Inc. (www.stormcrow.com), a digital multimedia production company developing entertainment content for delivery via the Internet's new convergence technologies such as streaming audio and video. In addition to providing an entertainment element to eBIZnet's websites, StormCrow Studios provides the Company with TV commercial production and website development.
-Global Online Exchange, Inc. (www.goe-inc.com), eBIZnet's online trade and exchange portal which will provide Internet users with a central clearinghouse for the trading of goods and services globally. At GOE's websites barter organizations, corporate trade exchanges, businesses and individuals will be able to conduct barter transactions in real time online.
-Capital Publishing Corporation (www.cp-corp.com), an online financial publishing company operating 14 financial websites, communities and portals featuring up to date financial news, information and online discussion forums. CPC distributes news and information on the stock market with a focus on the small cap markets, technology stocks and Internet companies.
eBIZnet also announced that its current interim audit is nearing completion and expected within 30 days. Upon completion of the audit, eBIZnet intends to file Form 10 with the SEC so as to become a fully reporting company. It remains the company's intention to achieve eligibility for a Nasdaq Small Cap listing this calendar year.

-0-

Stock Capitalization (a)

Public Stock
Free Trading 1,403,206

Total Shares Outstanding (a) 5,036,700

(a) If all transactions completed, and all options/warrants
exercised.

The Company currently updates its current information at its website. For other information about the company please visit its website at ebiznet.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products; delays in testing and evaluation of products; and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

This is not intended as an offer to either purchase or to sell securities of the company. Any forward looking statements contained herein are based upon information and belief but no assurances are made or intended.

--------------------------------------------------------------------------------
Contact:
www.eBIZnet.com Inc., Deerfield Beach
Garland E. Harris, 954/726-0304
admin@ebiznet.com
or
Johanna Talifero, 250/715-0133
johanna@ebiznet.com



To: Stock Watcher who wrote (10173)6/8/1999 8:38:00 AM
From: Jetta  Read Replies (1) | Respond to of 52051
 
ESFT news......
esoft.com

Tuesday June 8, 8:01 am Eastern Time
Company Press Release
SOURCE: eSoft Inc.
eSoft Becomes Sprint Authorized Sales Agent
Nationwide Customers Provided One-Stop Shopping for Their Business Communications Needs
BROOMFIELD, Colo., June 8 /PRNewswire/ -- eSoft Inc. (Nasdaq: ESFT - news) has teamed with Sprint Business, the division of Sprint that markets productivity-enhancing products and services to business customers, to provide one source for customers' business communication needs. By providing products and services necessary to compete in today's competitive marketplace, eSoft and Sprint can help companies improve their business performance.

Under the terms of the agreement, eSoft's value-added resellers (VARs) can sell a bundled offering that includes a TEAM Internet system and a Sprint or Earthlink connection. These connections range in speed from 56k dial-up modem access from Earthlink to full T-1 leased line provided by Sprint.

Sprint business is a leader in helping companies improve their business performance by providing the innovative products and services necessary to succeed in today's competitive markets. Sprint provides strategic solutions for small businesses, helping them become more productive with a unique blend of flexible communications services, simple flat-rate pricing and responsive customer service.

About Sprint Corporation

Sprint is a global communications company -- at the forefront of integrating long distance, local and wireless communications services, and one of the largest carriers of Internet traffic. Sprint built and operates the United States' first nationwide all-digital, fiber-optic network and is a leader in advanced data communications services. Sprint has $17 billion in annual revenues and serves more than 17 million business and residential customers.

About eSoft Inc.

eSoft Inc. was founded in 1984 with headquarters in Broomfield, Colo. eSoft provides a family of Internet appliances and services that enable small to medium-sized business to harness the full power of the Internet. The TEAM Internet family of products is designed for businesses with up to 200 workstations and provides low-cost, LAN-to-Internet connectivity and includes a range of features, including e-mail, Web browsing, firewall security, a Web server, remote access and virtual private network (VPN) functionality. Contact eSoft at 295 Interlocken Blvd., #500, Broomfield, Colo., 80021, USA; 303-444-1600 phone; 303-444-1640 fax; www.esoft.com. TEAM Internet is a registered trademark of eSoft Inc.

Statements made in this Press Release that are not historical or current facts are ''forward-looking statements'' made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (''The ACT'') and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as ''may,'' ''will,'' ''expect,'' ''believes,'' ''anticipate,'' ''estimate,'' ''approximate'' or ''continue,'' or the negative thereof. The Company intends that such forward-looking statements be subject to the safe harbors for such statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the Company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, and failure to gain product approval in foreign countries and failure to capitalize upon access to new markets. Additional risks and uncertainties which may affect forward-looking statements about the Company's TEAM Internet business and prospects include the possibility that a competitor will develop a more comprehensive or less expensive TEAM Internet solution, delays in market awareness of eSoft and its products, possible delays in eSoft's marketing strategy, which could have an immediate and material adverse effect by placing eSoft behind its competitors. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. These factors and others are discussed in the ''Management's Discussion and Analysis'' section of the Company's Reports on Form 10-KSB for the fiscal year ended December 31, 1998 to which reference should be made.

SOURCE: eSoft Inc.