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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (3044)	7/12/1999 12:28:00 PM
From: kevin Jacob	Respond to of 3896

Attention Business/Technology/Automotive Editors: Microforum Announces Five-Year Contract with Canadian Black Book TORONTO, July 12 /CNW/ - Microforum Inc. (TSE:MCF) is pleased to announce that its wholly-owned subsidiary, Internet Frontier Inc. (iFront), has finalized a five-year contract with Wm. Ward Publishing Ltd., the distributor of Canadian Black Book, a supplier of new and used vehicle information to the automotive and financial industries. Microforum will develop software and host Canadian Black Book data for online review of automobile values by select customers, in addition to ensuring that all of Canadian Black Book's data will be available online to select customers by the fall of 1999. iFront will receive a monthly fee as well as a usage fee based on the percentage of revenue that Canadian Black Book collects from selling its data online. ''Canadian Black Book is the premiere vehicle information provider to the automotive and financial industries. Microforum is looking forward to partnering our technological expertise with the industry's leading information supplier,'' said Howard Pearl, CEO of Microforum. The software system will enable Canadian Black Book to provide online, real time data to automotive retailers, financial institutions, manufacturers and other industry participants who rely on Canadian Black Book data to operate their businesses. The first application of this site will allow loan officers at a major Canadian financial institution to access industry standard vehicle value assessment guides online. ''We are pleased to be working with iFront to create an innovative, leading-edge e-commerce site for business-to-business needs,'' stated Kathy Ward, Director of Sales and Marketing, Wm. Ward Publishing Ltd., the distributor of Canadian Black Book. About Canadian Black Book Canadian Black Book is committed to supply the automotive industry with the most dependable source of new and used vehicle information. With an operating history of over 38 years, the Canadian Black Book currently publishes in print and electronic format The Used Car Market Guide, Old Car Market Guide, Used Truck and Van Guide, Residual Value Guide and Wholesale/Retail Guide. These industry standard vehicle value assessment guides are used by both auto dealers and financial institutions. The company's website is located at www.canadianblackbook.com. About Microforum Microforum Inc. (www.microforum.com) is a leading Internet applications, and technology services corporation providing a broad range of electronic commerce and integrated marketing, creative and database services. Microforum's wholly owned subsidiaries include Internet Frontier Inc. (www.ifront.com) doing business as iFront and Software Guaranty (www.softwareguaranty.com), PPL Marketing Services Inc., Marshall Fenn Communications Inc. and Poste Haste Systems Inc. Internet Frontier Inc. is a Microsoft Certified Solution Provider Partner providing the proprietary iFrontECS(TM) e-commerce solution and the CALMS(TM) on-line credit approval system. PPL Marketing Services has achieved the prestigious ISO9001 and the Ford Q1 Quality Certifications. Howard Pearl President & CEO, Microforum Marco Argenti CEO, iFront -30- For further information: INVESTOR INFORMATION: The Investor Relations Group, 1-800-444-9214, irg@invrel.com, www.invrel.com; CORPORATE INFORMATION: Howard Pearl, CEO and President, Microforum Inc., (905) 670-8000, hpearl@mf.com