Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Maya who wrote (432)	1/23/1998 3:37:00 AM
From: Postman	Respond to of 118717

A small internet company from Toronto, Valu-net International (VNE/ASE) has signed a deal with AOL to help market their Olympic Hockey team pre-paid phone cards. Currently trading in the $1.50-$1.60 range. _________________________________________________________________ PRESS RELEASE Valu-Net Teams Up With AOL Canada To Merchandise Valu-net's Products & Services To AOL Members Mr David Lucatch, President and CEO of Valu-net Corporation ("Valu-net"), announced today that Valu-net has entered into an agreement with AOL Canada ("AOL") under which AOL will merchandise Valu-net's products and services to AOL members. "Valu-net's Team Canada Olympic hockey phone cards will soon be promoted on AOL Canada's Sports Channel" says AOL's Managing Director, Stephen Bartkiw. "These Team Canada Olympic hockey prepaid phone cards are the first product of our new partnership with Valu-net, which is aimed at offering unique products and services on-line". AOL members will be able to easily access and purchase hockey card sets from the products page of Valu-net's hockey web site at www.vnhockey.com. In addition, AOL members will soon be able to purchase other Valu-net merchandise from the AOL Canada Shopping Channel. According to David Lucatch, President & CEO of Valu-net; "We are very excited to be able to offer large affinity-based groups, like AOL, access to Valu-net products and services, as this is an essential component of our over-all business strategy. With AOL membership totalling more than 110,000 households in Canada and more than 11 million world-wide, this agreement provides Valu-net and its clients with the opportunity to greatly increase exposure and revenue through on-line shopping activities. By combining Valu-net's ability to offer exclusive sports and other merchandise with our proprietary, bank- endorsed, Electronic Commerce system, we are creating a unique shopping experience for AOL members and other Internet consumers". Valu-net Corporation, with operations in Canada, Australia, New Zealand and Malaysia, is a publicly traded marketing and technology company listed on The Alberta Stock Exchange under the symbol "VNE". By working with leading financial institutions and technology companies, Valu-net has developed a "virtual" retailing system that is secure for both consumers and business. Valu-net combines real-life marketing through traditional channels, such as print media and retail outlets, with New Media opportunities, including Internet marketing and all the other services needed to establish turn-key electronic commerce platforms.