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Technology Stocks : PNLK..ProNetLink..Facts Thread -- Ignore unavailable to you. Want to Upgrade?


To: Warren A. Wilbur, Jr. who wrote (221)11/15/1999 11:06:00 AM
From: terri acey  Read Replies (1) | Respond to of 291
 
Monday November 15, 9:52 am Eastern Time
Company Press Release
SOURCE: ProNetLink.com
ProNetLink.com Enters Into Strategic Alliance With TRADE, Incorporated
Agreement to Provide ProNetLink.com Members with Comprehensive International Trade Reports & Databases
NEW YORK, Nov. 15 /PRNewswire/ -- ProNetLink.com (OTC Bulletin Board: PNLK - news), the Global Trade Internetwork(TM), today announced that it has entered into a strategic alliance with TRADE, Incorporated, the leading supplier of international trade reports and databases, to offer comprehensive trade information to ProNetLink.com members. The agreement further solidifies ProNetLink.com's leadership position in online business-to-business e-commerce and international trade solutions.

Under the terms of the agreement, ProNetLink.com and TRADE, Inc. will work together to build an interface on the ProNetLink.com site for immediate access to TRADE, Inc.'s unique data services. Additionally, ProNetLink.com members will be able to license TRADE, Inc.'s trade intelligence products through a preferred ProNetLink.com membership discount. ProNetLink.com and TRADE, Inc. will share the revenue generated from the purchase of TRADE, Inc. data on ProNetLink.com.

''The power of the Internet is information,' noted Glenn Zagoren, chairman of ProNetLink.com. ''With this new alliance with TRADE Inc., ProNetLink.com members will have immediate access to the most current international trade data, significantly enhancing their ability to take advantage of changes in the international trade landscape for the benefit of their businesses.'

TRADE, Inc. uses innovative software programs to transform global trade information into real-world business applications. Added to a strategic relationship for all China Customs import and export information, including waterborne, airborne, truck and rail, TRADE provides the fastest and most accurate information in the industry. As a result of TRADE's superior technology, the company has helped clients in numerous business segments, government agencies and professional associations execute their most important trading requirements including competitive analysis, sourcing, new business prospecting, market analysis and improved risk management.

''We are excited to be working with ProNetLink.com to expand the reach of our international trade data,' cited Thomas G. Gordon Jr., president and CEO of TRADE, Inc. ''The future of international trade is the Internet and we feel that by working with ProNetLink.com, we will be able to stay on the forefront of advanced technology solutions for international business development.'

About TRADE, Inc.

TRADE, Incorporated is a leading trade information company, with a global marketing presence in the United States, Hong Kong, China, Japan, the United Kingdom, Germany and Italy. TRADE, Inc. provides international commerce solutions to more than 2,500 companies in over 28 countries, combining unique information sources with specialized artificial intelligence software to create the fastest, most accurate trade information in the world.

Companies worldwide benefit from TRADE's expertise in formatting manifest data to make it commercially applicable. Companies seeking an accurate market assessment benefit from TRADE's international data technology for use in their competitive intelligence, supplier sourcing, risk management, market analysis and business development solutions.

About ProNetLink.com

ProNetLink.com, The Global Trade Internetwork, is a comprehensive business-to-business e-commerce portal designed specifically for the international trade community. In addition to locating potential markets and trade partners, ProNetLink.com members may conduct business functions online, participate in live trade event netcasts, communicate in real-time with trading partners and receive the critical information and resources necessary for the continued growth of their businesses.

ProNetLink.com also features PNL-TV, the Internet's first trade news broadcast network.

In addition to Department of Commerce programming, PNL-TV broadcasts a live newscast Monday through Friday at 11:00AM EST featuring current global trade issues, interviews with government and international business leaders and reports from correspondents from around the world.

Headquartered in New York City, ProNetLink.com maintains sales offices in Israel, Russia, India and Asia. Additional offices are scheduled to open on a regular basis. For more information, please contact Andrew Silver, LaForce & Stevens, 212-242-9353, asilver@laforce-stevens.com or ProNetLink.com at 212-688-8838, email: info@pronetlink.com. ProNetLink can be reached online at pronetlink.com.

ProNetLink.com is publicly traded on the NASDAQ exchange OTC Bulletin Board: PNLK (PNLK.OB).

This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect ProNetLink.com's current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to risks and uncertainties, which could cause the Company's results to differ materially.

SOURCE: ProNetLink.com