NTXY news today>Nettaxi.com Launches Free Internet Access for Millions of Citizens
Citizens of Community Portal Enjoy Fast, Free ISP From Spinway.com
SAN FRANCISCO--(BUSINESS WIRE)--Jan. 24, 2000--Nettaxi.com (OTC BB:NTXY - news), a community and portal web site with more than 120 million monthly page views, and Spinway.com (www.spinway.com), one of the nation's leading providers of free Internet access and premium advertising solutions, today announced the release of Nettaxi.com's free Internet access.
The free ISP will provide the 1.5 million citizens in the Nettaxi.com community the ability to shop online, surf the Web and enjoy all the benefits of using the Internet -- at no cost to them.
Effective today, all new and existing Nettaxi.com citizens may obtain free Internet access by signing up at www.nettaxi.com. Backed by the technology of Spinway.com, the easy-to-navigate registration process allows new citizens to sign up for free email and free Web space in addition to the free ISP.
Current Nettaxi.com citizens can use their existing username and password to sign up for the free ISP and upgrade their accounts. The free ISP download and installation process is fast and simple.
''By offering free ISP along with our free email, free web page hosting and free search, our Nettaxi.com citizens can now enjoy all the benefits of the Internet for free,'' said Robert Rositano, Jr., chief executive officer, Nettaxi.com. ''With a rapidly growing number of new citizens, the ability to get online for free is just fantastic. Our citizens will no longer have to pay to get online, nor be subject to hourly online charges. No one charges you to get into a shopping mall or library, so why should people have to pay to shop or do research on-line? It's a truly outstanding deal, and something people will use.''
About Spinway.com
Established in 1998, Spinway.com (www.spinway.com) provides businesses with co-branded or private label, free dial-up Internet access for use in driving traffic and broadening brand identity. Spinway.com can easily incorporate partners' technology to include personalized content, rewards programs, instant messaging, full-featured email and parental control software.
First to market with full motion video, the Spinway.com free Internet access solution delivers targetable, trackable, non-streaming full motion video over standard dial-up modems. The result is an effective marketing tool that propels user acquisition and retention, drives more traffic to partner sites and provides partners with a constant connection to their user base.
About Nettaxi.com
Nettaxi.com, based in Campbell, Calif., is a developer of commerce-enabled and content-rich communities that offer members a place to build their ''homes'' or ''businesses'' on the Web. Nettaxi's homepage provides access to news, entertainment, sports, financial, and travel information and services such as free e-mail, personal home pages, chat and message boards.
Nettaxi's CD-ROM product ''Nettaxi.com: The Experience'' is an award-winning, interactive learning tool which focuses on users that are new to the Internet. Through interaction with ''Url'' Nettaxi's cyber-cabby, users learn how to use email and the Internet. The CD-ROM can be customized to serve as an excellent customer acquisition tool by integrating partner's sites into the learning experience. Nettaxi is found on the Web at www.nettaxi.com.
Safe Harbor Statement
The matters discussed in this news release include forward-looking statements which are subject to various risks, uncertainties and other factors that could cause actual results to vary materially from the results anticipated in such forward looking statements. Such risks, uncertainties and other factors include competition, the management of Nettaxi.com's growth, the ability to deliver new products to market on time. Nettaxi.com's limited operating history, significant losses incurred since inception, expectation of losses for the foreseeable future, the fact that our revenue growth in prior periods is not indicative of future growth, the inability to accurately predict our future revenues, and other risks detailed from time to time in Nettaxi.com's filings with the Securities and Exchange Commission. These forward-looking statements represent Nettaxi.com's judgment as of the date of this release. Nettaxi.com disclaims any intent or obligation to update these forward-looking statements.
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