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To: Jim Bishop who wrote (15346)11/29/1999 6:27:00 PM
From: RICE  Respond to of 150070
 
More good news on MDTV today. I can t beleive this stock is at 75 cents. Please read this PR, they ready to grow.

MDU Communications International Inc. - With Up to $57 Million Financing, MDTV Ready to Add Subscribers, Explore New Markets and Add Broadband Internet Services
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RICHMOND, B.C.--(BUSINESS WIRE)--Nov. 29, 1999--MDU Communications Inc.'s (MDU)(OTCBB: MDTV), the Canadian operating subsidiary of MDU Communications International Inc. ("MDTV" or the "Company") recent announcement of an agreement in principle with Merbanco Capital for up to $57 million in long-term "subscriber acquisition cost" lease financing will propel the company into a rapid expansion mode across Canada with plans for U.S. and other emerging markets.

The financing, expected to close in the near future, will provide the majority of capital required for the Company to achieve a digital Satellite subscriber base of approximately 150,000 in Canada alone, within the next 4 to 5 years. The company expects to add 5000 plus new subscribers in the first quarter of next year, in large part due to the planned installation of service for 1600 new subscribers in a series of buildings that will be served exclusively by MDU. By the end of 2000 the company expects to be serving approximately 50,000 plus subscribers. Currently, the company has access agreements with properties representing over 30,000 potential new subscribers. MDU services approximately 14,000 subscribers today.

According to Gary Monaghan, President of MDU Communications Inc., "digital satellite revenues are expected to increase exponentially as the average MDTV satellite subscriber with a digital set top box spends approximately $ 43.95/month on Star Choice programming including our digital access fee". Mr. Monaghan added, " satellite television service is our primary product and source of revenue today, however we look forward to offering a new high speed Internet service to these customers in the very near future, which should see our revenue increase even more". Recently, the company completed its beta test trials of this new high speed Internet service at select MDU condominium and hospitality sites.

The Company utilizes a well trained and very large direct marketing sales force that provides it with a significant advantage over current cable television providers "We have strong teams of highly enthusiastic, motivated and knowledgeable sales people spending 1 to 2 hours with every resident. We provide a free system demonstration, free installation and a free 30 day preview of the platinum package that includes up to 200 channels of great entertainment," says Joseph Strang, VP of Sales and Marketing. Mr. Strang added, " our past sales history has shown that once a customer has tried our service, they stay with our service."

The company will provide sales support through its offices in Vancouver, Calgary, Edmonton, Winnipeg, Mississauga and Halifax. The company is currently in negotiations with some of its Canadian clients that have properties in major U.S. cities and hopes to launch its first site in a major U.S. market towards the end of the first quarter next year.

The Company's filings, including current financial reports, can be accessed through the EDGAR database at www.sec.gov. For additional information please see www.mduc.com or contact Investor Relations.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

CONTACT: Corporate Headquarters
www.mduc.com
Investor Relations:
Tel: (604) 277-8152
(800) 794-9076
Fax: (604) 277-8301
Investor@mduc.com



To: Jim Bishop who wrote (15346)11/30/1999 11:00:00 AM
From: Honor+Integrity  Read Replies (2) | Respond to of 150070
 
CCCZ--Jim, as you know I got into this last week. Since getting in I've noticed 2 things:

1) Accumulation has indeed been taking place; and

2) Hyper/Pumpers have emerged.

I just read a few by "Quadrant4" and "research" over on the Raging Bull CCCZ board. Looks like classic pump to me. Almost reminiscent of a coppermaster P/D; which raises the bitter bile of unfond memories.

If there is truly something going on, then I am content to watch it unfold. If someone is trying to blow through CCCZ for a quick and opportunistic pump and dump, then I get a little ticked. We don't need the false prophets.

Does anybody know anything about these two?