To: Sir Auric Goldfinger who wrote (1166 ) 1/6/1999 7:43:00 AM From: Mongo2116 Respond to of 19428
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan 5, 1999--Internet service provider Quest Net Corp.'s (OTC BB:QNET - news) Board of Director's voted to issue a dividend to all shareholders of record as of January 6, 1999. Shareholders will receive three additional restricted shares for every share held on the record date. Letters will be mailed by Friday January 8, 1998 to all shareholders of record as of the market close on Wednesday with instructions on how to immediately receive their dividends. In another heavy volume day, Quest Net Corp.'s stock finished even after an early round of selling, ending a mark of four straight days of advances. In other company news, Quest Net has announced its intention to file for full Nasdaq registration. Based in Fort Lauderdale, Fla., Quest Net (OTC BB:QNET - news) operates its own OC-12 (622Mbps) fiber optic self-healing SmartRing backbone running from Key West to Sebastian, Fla. Quest Net is a provider of secure, full-service global Internet and Intranet broadband digital networking solutions for businesses and individuals. It also has its own Frame Relay 45Mbps connection into the Internet Cloud. Quest Net is one of the largest regional Internet Service Providers with Dialup POPs (point-of-presence) in 228 cities and over 2,000 clients, mostly small businesses. It also offers dedicated high-speed Internet access, metropolitan and wide area network data transport services, including virtual private networks, to several commercial clients and other ISP's, and Wireless Internet Connection at a speed of up to 3 Mbps to a distance of 8 miles on a license free spectrum. Quest Net offers one of the fastest and cleanest routing systems for the transfer and delivery of voice, video and data streams at speeds ranging from 64 Kbps to 155 Mbps (OC-3), as well as frame relay connections at speeds up to 45 Mbps. CONTACT: Quest Net Corp., Fort Lauderdale Bobby Leff, 954/567-1008 Email: Info@ipquest.com