To: nick stalin who wrote (102122 ) 10/6/1999 2:44:00 PM From: SpinCity1 Respond to of 119973
I still think leap is going to be a major player and no I have not sold my holdings and no I am not going to, and yes I am ahead. Here is the news. They are picking up great clients MSFT, others and now CHICAGO--(BUSINESS WIRE)--Oct. 6, 1999--Quantum Leap Communications, Inc., a subsidiary of Leapnet, Inc. (Nasdaq: LEAP.O), and a leading Internet development and advertising agency, today announced that it has been retained by Wal-Mart Stores, Inc., (NYSE: WMT), to work on a significant e-commerce development project involving travel services. Quantum Leap has also been retained by SAMS Club, a subsidiary of Wal-Mart Stores Inc., as the lead developer and strategic consultant for the Companys e-commerce web site. Specific terms of the deal were not disclosed. Both development projects leverage Quantum Leaps strategic partnership with BroadVision, Inc. (NASDAQ: BVSN.O) and involve BroadVision implementation. BroadVision is the leading supplier of one-to-one e-business applications for relationship management across the extended enterprise. "We are pleased to play a significant role in the online initiatives for Wal-Mart and SAMS Club. This is a significant opportunity for Quantum Leap that leverages our expertise in strategy, information architecture, web development, programming, design and BroadVision implementation," said Frederick A. Smith, Quantum Leap President. Quantum Leap Communications, a subsidiary of Leapnet, Inc. (Nasdaq: LEAP.O), is dedicated to inventing outstanding experiences for consumers on the Internet. Quantum Leap combines award-winning design, years of technical experience and a heritage of marketing discipline to provide creative solutions for clients, which include Wal-Mart, SAMS Club, MSNBC.com, MSN Slate, MSN Encarta, MSN Internet Access, American Airlines, Ernst & Young, Morningstar and The University of Chicago Graduate School of Business. More information on Quantum Leap can be found at quantum.leapnet.com . This press release contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties. A number of important factors could cause the Companys actual results, performance or achievements for fiscal 2000 and beyond to differ materially from that expressed in such forward-looking statements. These factors are set forth in the Companys filings with the Securities and Exchange Commission and include, without limitation, material changes in economic conditions in the markets served by the Companys clients, competition in the Companys industry, uncertainties relating to the developing market for new media, changing technologies, seasonality and the Companys dependence on key clients and projects and key personnel. Loss of a key client or a significant reduction in business from a key client could have a significant adverse effect on the Companys business and results of operations. --30--jl/ny* CONTACT: Leapnet, Inc. Beth Pastor, VP of Corporate Communications 312/475-1254 pastor@leapnet.com or Morgen-Walke Associates Investor Relations: Cheryl Schneider/Hulus Alpay Press: Michael McMullan/David Nugent 212/850-5600 KEYWORD: ILLINOIS INDUSTRY KEYWORD: TELECOMMUNICATIONS RETAIL COMED INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1999, Business Wire