To: Stock Watcher who wrote (11522 ) 6/30/1999 11:25:00 PM From: Jetta Read Replies (1) | Respond to of 52051
POST news.....cypost.com Wednesday June 30, 7:58 pm Eastern Time Company Press Release SOURCE: CyPost Corporation CyPost Completes Intouch.Internet Inc. Acquisition DOVER, Del., June 30 /PRNewswire/ -- CyPost Corporation (OTC Bulletin Board: POST - news), is pleased to announce it has completed the acquisition of Intouch.Internet Inc., a leading Internet service provider (ISP) of personal dial-up and Web hosting accounts. The strategic acquisition expands CyPost's global leadership position in the privacy and protection markets and provides additional distribution of content and services at the ISP level. ''We have moved aggressively to complete the Intouch.Internet Inc. acquisition and secure the company's key personnel,'' said Steve Berry president and chief executive officer of CyPost. ''This acquisition also marks the acceleration of our business model and demonstrates the commitment to our shareholders of CyPost being a global leader of privacy and protection on the Internet,'' said Mr. Berry. Intouch.Internet Inc., operating as The InterNet Store, has a three year history of providing dial-up access, leased lines, Web hosting and consulting services to individual, professional, commercial and government clients. The company has developed extensive one-to-one marketing expertise and superior customer care support in the ISP industry. Once integrated, Intouch.Internet Inc. customers will have access to CyPost's full portfolio of privacy and protection services for e-commerce, e-business and e-communications. CyPost Corporation www.cypost.com develops cost-effective, broad-based solutions enabling individuals, business professionals and corporations to fully benefit from existing and emerging privacy and protection technologies in the communications industry, including Intranets and the Internet. Its flagship product, Navaho Lock www.navaholock.com, is an easy to use encryption program. Using a drag and drop interface, Navaho Lock permits both individual and business clients to keep their electronic information, whether stored on a personal computer, used on a network, or sent across the Internet, completely private and protected. Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect CyPost Corporation's business and prospects and cause actual results to differ materially from these forward looking statements. SOURCE: CyPost Corporation