To: Wayne Rumball who wrote (32 ) 12/13/1999 8:39:00 AM From: Mr.Manners Respond to of 63
INGR, and ILNK trading higher Monday December 13, 7:32 am Eastern Time Company Press Release SOURCE: Big Planet, Inc. Big Planet Confirms Discussions With I-Link; Companies Consider Exclusive Distribution Arrangement PROVO, Utah, Dec. 13 /PRNewswire/ -- Big Planet(TM), Inc., a wholly owned subsidiary of Nu Skin Enterprises, Inc. (NYSE: NUS - news), today confirmed that it is in discussions to secure the exclusive global network marketing distribution rights for products and services of I-Link Incorporated (Nasdaq: ILNK - news) offered to residential and small business users. I-Link is an enhanced voice and data service provider offering a range of enhanced services such as one-number call routing, caller screening, unified voice, fax, pager and e-mail messaging, voice and fax-on-demand, conference calling and seamless call transfer via a direct connection to a nationally deployed Internet Protocol telephony network. As currently contemplated, I-Link Worldwide's network marketing representatives and their sales volumes would move in tact to Big Planet. In return, Big Planet would purchase I-Link products and services on a wholesale basis and would assume responsibility for providing customer service to existing I-Link customers. The proposed transaction is subject to ongoing negotiations and requisite corporate and regulatory approvals. About Big Planet Big Planet, a wholly owned subsidiary of Nu Skin Enterprises (NYSE: NUS - news), is an innovative provider of communications and integrated technology products and services for individuals and small businesses. Through Big Planet's representative sales force, the company's product offering is vertically integrated to provide the device, connection and destination for customers to take advantage of the latest advancements in technology, including simplified access to the Internet and online shopping. The company's online store, www.bpstore.com, allows customers to choose from a wide variety of products in such categories as electronics, toys, health care, books, CDs, videos, home and garden, jewelry, sporting goods, food services and apparel, as well as exclusive access to Pharmanex nutritional products and Nu Skin personal care products. For information about Big Planet and its products and services, visit www.bigplanet.com. For more information about I-Link and its products and services, visit www.i-link.com. Please note: This press release contains forward-looking statements that represent Nu Skin Enterprises and Big Planet's current expectations and beliefs concerning future events, including, among other things, the ongoing negotiations and proposed transaction between Big Planet and I-Link. Nu Skin Enterprises and Big Planet wish to caution and advise readers that the parties are still negotiating the terms of the proposed transaction and there can be no assurance that the parties will reach an agreement or that any final agreement will not be on terms substantially different than those discussed. Any such transaction would also be subject to uncertainties regarding the number of customers and independent representatives that would elect to remain customers and independent representatives of Big Planet and the ability of Big Planet to profitably retain and service such customers. The company's financial performance and the forward-looking statements contained herein are further qualified by a detailed discussion of associated risks set forth in the documents filed by the company with the Securities and Exchange Commission, including the company's most recent Form 10-K and Form 10-Q. Nu Skin Enterprises, Nu Skin, Pharmanex and Big Planet are registered trademarks in the United States and/or other countries. Other product and company names herein may be trademarks of their respective owners. SOURCE: Big Planet, Inc. -------------------------------------------------------------------------------- More Quotes and News: I-Link Inc (NasdaqSC:ILNK - news) Nu Skin Enterprises, Inc (NYSE:NUS - news) Related News Categories: computers, household/consumer, telecom --------------------------------------------------------------------------------