Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : IJNT Breaking out, Rumor has it Huge Deal in the Works -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (13)	8/6/1999 8:25:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 36

(COMTEX) B: IJNT.net To Apply for Nasdaq Listing B: IJNT.net To Apply for Nasdaq Listing HOUSTON, Aug 6, 1999 (BUSINESS WIRE via COMTEX) -- IJNT.net Inc. (OTC BB:IJNT), a leading high-speed Internet access provider, Friday announced that it has started to prepare an application for a listing on the Nasdaq national markets. Craig Hewitt, IJNT.net vice president of finance, said, "Moving to Nasdaq is a natural advancement for IJNT, particularly in view of our recent alliance with Nortel Networks to develop a DSL network similar to those of companies like Covad(R), Northpoint(R), and Rhythms(R)." The company is also developing its fiber backbone network to provide proprietary bandwidth for its DSL and wireless systems and to provide full telecommunication services and interconnectivity. Mary E. Blake, President of IJNT.net said, "We now substantially qualify for Nasdaq listing and therefore have instructed our attorneys to prepare and file the application. We believe that IJNT's growth as a wireless provider and Web development company, along with the recently announced transaction with Nortel Networks, makes this our next step. We hope to accomplish this task as quickly as possible." IJNT.net provides high-speed, wireless Internet access, wired broadband solutions and telecommunication services. The company's customer base is growing rapidly as the company diversifies its offerings and expands its network across the United States and internationally. IJNT also provides Web site development, online advertising, and e-commerce services as well as dial-up Internet access throughout the United States and internationally. The company's rapid growth is the result of aggressive marketing and sales, internal development, acquisitions and strategic alliances. This news release may contain forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, subscriber growth, product demand, competition, and other risksand uncertainties detailed from time to time in the company's periodic reports, including Quarterly Reports on Form 10-Q and Annual Reports on 10-K. This and additional information can be found on the company's Web site at www.ijnt.net or can be obtained from the company upon request. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: IJNT.net Inc. Brandon Powell, 949/723-2183 E-mail: bpowell@ijnt.net Fax: 949/723-2181 www.ijnt.net www.urjet.net www.mrhm.net WEB PAGE: businesswire.com GEOGRAPHY: TEXAS INDUSTRY CODE: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. *** end of story