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Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?

To: donkeyman who wrote (3503)	3/15/2000 11:37:00 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 3519

Game over: biz.yahoo.com Wednesday March 15, 11:36 am Eastern Time Company Press Release Liberty Surf Group S.A. Acquires the UK's First Free ISP, the X-Stream Network Inc. PARIS and LONDON--(BUSINESS WIRE)--March 15, 2000--Liberty Surf Group S.A. and The X-Stream Network Inc. (OTCBB: XSNI - news), a pioneer of the free ISP model in Europe, today announced that the anticipated merger between the parties has been completed and Liberty Surf has acquired all of the outstanding shares of common stock of X-Stream. This merger brings together two leading providers of free Internet access in France and the United Kingdom (X-Stream also has start-up operations in Scandinavia and the Netherlands). Liberty Surf was founded in April 1999 by a group of shareholders including Kingfisher plc, one of Europe's leading retailers, and Europ@web, a group created by Bernard Arnault, Chairman of LVMH, to support and accelerate the growth of Internet companies. Liberty Surf currently offers Internet users in France free Internet access, French-language Internet content, Internet tools and services (including free e-mail), e-commerce offerings from local and global online retailers, and bundled telecommunications offers. The X-Stream Network, launched in March 1998, was the U.K.'s first free ISP and also recently launched its services in Norway, Denmark, Sweden and the Netherlands. It offers subscribers a local portal that delivers an integrated offering of country-specific content, a wide selection of e-commerce services, and free e-mail. In light of the merger, X-Stream's common stock ceased trading on the NASD OTC Bulletin Board upon the close of business on Tuesday, March 14, 2000. ------------------------------------------------------------------------ Contact: Liberty Surf Group Stephanie Raynaud Euro RSCG Corporate Tel: 33-1-41-34-45-49 www.libertysurf.fr or The X-Stream Network Inc. Dina Brewer Tel: 44-870-730-6466 www.x-stream.com