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Gold/Mining/Energy : PKS-PeakSoft Multinet Corp. (was PeakSoft Corp.) -- Ignore unavailable to you. Want to Upgrade?

To: Charles T. Russell who wrote (1454)	7/16/1999 1:45:00 PM
From: Elayne Shochet Tatar	Read Replies (1) \| Respond to of 1470

news from company: guess this is the reason stock has moved up a bit PeakSoft Multinet Appoints Terry Haas As Vice President of Business Development Tuesday, June 15, 1999 10:24 AM BELLINGHAM, WA--(BUSINESS WIRE)--June 15, 1999-- Former Novell Vice President and Innovus CEO and President Brings Sales and Market Experience to PeakSoft PeakSoft Multinet (ASE: PKS; OTC-BB:PEAMF), located at peak.com, a leading provider of Internet communication solutions, announced today the appointment of Terry Haas as Vice President of Business Development on a consulting basis. Haas will assist PeakSoft in pursuing business development opportunities and in gaining the highest value from its co-marketing alliance with Novell and other PeakSoft partners at peak.com, the Company's online business community. Mr. Haas was formerly the Vice President of Channel Sales and Marketing at Novell, and during his 11 years with Novell, he was also the Director of North American Distributor Sales. In addition to his experience at Novell, Haas was the President and CEO of Innovus Corporation, and has an extensive industry background as the principal of the consulting firm Paratechnology, Inc., where he was a marketing and sales consultant working with Sun, Digital, Borland Lotus and others. "Terry Haas will utilize his strong marketing and sales experience to provide strategic input for PeakSoft's business plan and for the implementation of peak.com. Partnerships form a core strategy at peak.com, and it is good to have Terry's business development expertise on the team," said Doug Foster, President of PeakSoft Multinet. On his appointment as Vice President of Business Development for PeakSoft, Haas commented, "I am excited to be joining PeakSoft's team, to lead in the development of new partnerships, and to enhance the quality and value of its existing relationships with Novell, Real Networks and Xoom.com." PeakSoft Multinet recently launched its online business community, peak.com, to empower small business users with a unique, full-service web site for the gathering and sharing of critical information. The Company also introduced its PeakTrack Business Series, a unique suite of software products designed to provide knowledge management solutions and important content for specific vertical industries, including legal, realty, travel and other small businesses. This product suite initially consists of four software-based solutions: PeakTrack Law, PeakTrack Realty, PeakTrack Travel and PeakTrack Business. 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, RealNetworks (Nasdaq: RNWK), 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. CONTACT: PeakSoft Multinet Phone: 360-752-1100 or Rubenstein Public Relations Contact: Sarah Cohn Phone: 212-843-8045 Quote for referenced ticker symbols: PEAMF © 1999, Business Wire