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Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?

To: lupaka who wrote (5136)	10/14/2000 10:36:32 AM
From: lupaka	Respond to of 5650

P6 & Digital Now VIENNA, Va., Oct. 12 /PRNewswire/ -- Digital Now, Inc., (Australia: DNI) a leading developer of digital imaging technology and e-commerce solutions for the photofinishing industry, announced today it has forged a deal with PSINet, the Internet Super Carrier, to purchase dial-up connectivity from PSINet that will allow Digital Now to offer free Internet access to its photo lab customers around the world. The service offering is designed to facilitate photo labs' progression from a film processing-only business model to offering superior customer satisfaction -- and increased revenues -- through the emerging, value-added online photofinishing market and the growing demand for digital products. Free access, customer service, and marketing support is available to photo labs that use Digital Now's Digital Photo Factory software and custom-branded MyPhotosNow.com site to provide value-added digital photo finishing services for their customers. PSINet also provides the connectivity and Internet infrastructure for MyPhotosNow.com. While online photo finishing is still in its infancy, photofinishers' reliance on digital products and the Internet for income generation has become a reality no lab can overlook. Jonathan Rosenzweig, Managing Director of the U.S. Equity Research Division of Salomon Smith Barney, has stated that photo labs should "look for the niche opportunities to leverage the Web and digital technology where you can. The worse thing to do is to ignore reality. You have to be quick and leading-edge just to stay in the game." Digital Now entered into the agreement with PSINet to help its current and future photo lab customers leverage the Web and become online photofinishing providers while the technology is still in an early adopter phase. "Online photo delivery has already proven to be a product enjoyed by millions, "said Stephen Giordano, president and CEO of Digital Now. "By offering free, high-quality PSINet Internet access to photo labs, we're helping to enable everyone's participation. We are very pleased to offer PSINet's service to photo labs everywhere." About PSINet Headquartered in Ashburn, VA, PSINet is an Internet Super Carrier offering global e-Commerce infrastructure, end-to-end IT solutions and a full suite of retail and wholesale Internet services through wholly-owned PSINet subsidiaries. Services are provided on PSINet-owned and operated fiber, satellite, Web hosting and switching facilities providing direct access in more than 900 metropolitan areas in 29 countries on five continents. PSINet information can be obtained by e-mail at info@psi.com, by accessing the Web site at psinet.com or by calling in the U.S. 800-799-0676. About Digital Now Digital Now is a leading developer of digital imaging technology and e-commerce solutions for the photo processing industry worldwide. Headquartered in the Northern Virginia technology corridor of Vienna, VA, the company also has offices in Seattle, WA; Zurich, Switzerland; and Como, Italy. Digital Now began trading on the Australian Stock Exchange (ASX) on March 9, 2000 under the symbol DNI. For more information, please call 703-902-0600 or visit our web site at digitalnow.com.