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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Ice Cube who wrote (12470)	7/22/1999 12:21:00 PM
From: 2MAR$	Read Replies (2) \| Respond to of 108040

(PR NEWSWIRE) CyPost Corporation Expands ISP Service East CyPost Corporation Expands ISP Service East DOVER, Del., July 22 /PRNewswire/ -- CyPost Corporation (OTC Bulletin Board: POST) is pleased to announce the signing of a letter of intent to purchase Internet service provider (ISP), NetRover Inc. of Toronto. The cash value of the transaction is approximately $2.7 million USD. NetRover Inc. and all the affiliated NetRover companies have been providing reliable Internet services to their customers since 1993. Its nation wide network coverage services Ontario, Quebec, British Columbia, Alberta and Manitoba, and will soon provide DSL and cable services. As one of Canada's largest privately owned Internet providers, with over 13,000 subscribers, NetRover is committed to being the leader in server based hosting solutions. "We are excited about the CyPost merger as we continue to provide reliable access, greatly enhanced now by the privacy and protection solutions that CyPost has developed," said Rob Adams, president of NetRover. The management at NetRover has built an uncompromising service package for their customers. They provide service to traditional dial-up customers, professionals, SOHO users and corporations. This diverse customer base, along with the strategic partnerships developed since NetRover's inception, create a diverse and balanced business model. Having developed a solid reputation within the industry for its premiere multi-lingual customer support, high up time and strong management, NetRover, www.netrover.com, has established a strong partnership with UUNet, www.uunet.com, and is an International Premier Partner with Network Solutions, www.networksolutions.com. NetRover is CyPost's first ISP acquisition on the East Coast as the company aggressively moves toward building a solid presence in North America. The recent completed acquisitions of Hermes Net Solutions, www.ihermes.com, and Intouch.Internet, www.intouch.bc.ca, along with the LOI signings of Internet Arena, www.inetarena.com, and NetRover give CyPost an ISP user base of approximately 20 thousand. "We believe the inherent value of CyPost has grown exponentially as these acquisitions are completed," said Steve Berry, president and chief executive of CyPost. "The market is beginning to realize our value and this is reflected in the recent stock activity. "As we continue our strategic acquisition plan, CyPost will grow into what we believe will be a powerful force within our market," said Berry. "We are in discussions with several prospects and look forward to continued momentum on our current path." About CyPost CyPost Corporation, www.cypost.com, provides broad-based privacy and protection solutions for individuals, business professionals and corporations. The company also develops complete privacy and protection management, including encryption technology, anti-virus software and content management applications, for use at entry points and gateways to the Internet. For more information please call toll-free 877-CyPost1. 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 -0- 07/22/99 /CONTACT: Peg McNicol, Marketing Communications Manager of CyPost Corporation, 877-297-6781, or fax, 604-904-4433, or pmcnicol@cypost.com/ /Web site: netrover.com /Web site: cypost.com (POST) CO: CyPost Corporation; NetRover Inc.; British Columbia ST: Delaware, Ontario IN: MLM SU: TNM * end of story *