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

To: Brian Warner who wrote (1467)	11/9/1999 6:42:00 PM
From: Brian Warner	Read Replies (1) \| Respond to of 1470

PeakSoft Multinet Corp Announces Name Change to Peak.com Inc., Change Reflects Total Commitment to the Company's Small Business Web Community and Adoption of an E-Busines BELLINGHAM, WASHINGTON--PeakSoft Multinet (ASE: PKS; OTC-BB: PEAMF), announced its intention to seek shareholder approval to change the name of the company to Peak.com Inc. at its next Annual General Meeting. The company recently announced the availability of the next generation of its Small Business portal at peak.com. Peak.com has begun empowering small business users with a unique, full-service website for the gathering and sharing of critical information. Peak.com, while still in beta form, now offers many unique features and capabilities for small business. "PeakSoft entered the Internet market in 1996. We rapidly became recognized as an innovative Internet software company. The company developed the first Web Browser Accelerator and other tools to help manage information and knowledge in the explosive environment of the Internet", said Doug Foster, CEO of PeakSoft, "We feel our new e-business model offers the company a high growth opportunity and a diversified Internet based revenue model. The name change will allow us to focus on building a substantial Internet asset in the small business arena at peak.com. " Peak.com is dedicated to helping small business seize the e-opportunity represented by the Internet, with a focus on three key objectives: saving money, growing the business and increasing productivity. The company recently announced partnerships with Novell, National Computer Association, Kodiak Chamber of Commerce, Xoom, and Driveway (formerly Atrieva Corporation) designed to build membership and develop e-business based communities at the site. About PeakSoft Multinet PeakSoft Multinet Corporation is a market leading Internet communications company developing solutions that empower businesses to build knowledge, e-commerce and customer relationships through its small business community at peak.com. The company has strategic marketing alliances with partners including Novell, RealNetworks, Driveway Corporation (formerly Atrieva Corporation), Software Builders and Xoom.com. 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 corporate website at www.peaksoft.com or send email to info@peak.com or visit the small business community at 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. -30- FOR FURTHER INFORMATION PLEASE CONTACT: PeakSoft Multinet Corporation Tim Metz COO (360) 752-1100 Website: www.peak.com Email: Timm@peak.com The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein. fin-info.com