To: seeker1 who wrote (91 ) 9/25/1999 9:49:00 AM From: Glenn Petersen Read Replies (1) | Respond to of 102
IDX hits 150,000 subscriber level:mydirect.com iDirect Investor Relations Press Room September 16, 1999. ONTARIO ACQUISITION HELPS I.D. INTERNET DIRECT EXCEED MILESTONE OF 150,000 SUBSCRIBERS TORONTO- SEPTEMBER 16, 1999-ÿ I.D. Internet Direct is pleased to announce the purchase of NewForce Communications subscriber base. Through the acquisition of 400 subscribers plus organic growth,ÿInternet Direct has exceeded it?s projection of 150,000 subscribers before 1999 calendar year end. John Nemanic, President and CEO of I.D. Internet Direct states "The Corporate growth and development of our National company is successful because of the cohesion of a determined business philosophy and the hard work and dedication of its 260 employees." I.D Internet Direct and Look Communications have announced that they have entered into a definitive agreement for the amalgamation of the two companies. Completion of the amalgamation is expected before the end of October. About I.D. Internet Direct: I.D. Internet Direct provides a full spectrum of Internet solutions to customers in British Columbia, Alberta, Manitoba, Ontario and Quebec with headquarters in Toronto. Now the largest Canadian independent Internet Service Provider, Internet Direct serves over 150,000 subscribers, over 10,000 web hosted businesses and individuals, and 800 dedicated connection business customers through 31 local access points nationally. __________________________ John Nemanic Presidentÿ and CEO I.D. Internet Direct Ltd. Contact: Gordie Campbell, Investor Relations Toll Free:ÿÿÿÿÿ 1-888-439-2897 Email:ÿ netgains@direct.ca. Web:ÿÿÿ ÿÿÿÿÿÿÿ www.idirect.com/investors