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To: Warlock who wrote (32165)1/7/1999 1:38:00 PM
From: Frederick Langford  Respond to of 34592
 
Haven't been playing the bb's but couldn't pass this one up <g>
Watch CITN:
Citadel Launches New Internet Company -- shoppingwave.com

Business Wire - January 07, 1999 12:20

DALLAS--(BUSINESS WIRE)--Jan. 7, 1999--

Citadel To Declare Spin-off Stock Dividend of 15% of New Company to Shareholders

Citadel Technology, Inc. (OTCBB: CITN), a provider of network and desktop security software products,
announced today that it has launched an internet subsidiary, shoppingwave.com, designed to implement the
internet strategies and concepts developed by Citadel. Citadel will file with the SEC to make
shoppingwave.com a fully reporting, publicly traded, over the counter company, of which Citadel will own 85%
after the spin off dividend. Shoppingwave.com will be fully devoted to the development and operation of
electronic commerce and other internet related opportunities.

Citadel's Board of Directors approved a stock dividend of 750,000 shares of shoppingwave.com's common
stock (15% of the subsidiary's outstanding stock). The record date will be set following the filings of an
information statement and an Exchange Act registration statement with the SEC. Citadel stockholders will
receive shares of the internet subsidiary spin-off dividend based on their pro rata Citadel holdings on the record
date. Based on Citadel's currently outstanding shares, each Citadel stockholder would receive one share of the
new company's common stock for approximately every 42 Citadel shares held at the record date.

Shoppingwave.com seeks to become a leading e-commerce site. The company will initially launch two brand
concepts. The first is to become the leading consolidator and repository of on-line "How To" information and
training. Shoppingwave.com's sites will include on-line courses and information on how to do almost anything,
from fixing leaky faucets to creating macros in Microsoft Excel(TM). The company seeks to create a site that
will be a leading destination for anyone who needs help in learning anything. One of the first anchors of the
shoppingwave.com internet mall will be the Citadel Campus, which offers interactive, on-line training
courseware for the industry's top software applications from companies such as Microsoft(TM),
Netscape(TM), Lotus(TM), Symantec(TM), Intuit(TM) and Adobe(TM) The second concept of
shoppingwave.com is an e-commerce outlet mall that the company believes will create a new experience for
on-line shopping in the future. Details of the outlet mall will be disclosed at a later date.

Steven B. Solomon, Citadel President and CEO said, "Our core business at Citadel is built on a solid foundation
which continues to get stronger. After extensive research and planning, by establishing a separate subsidiary, we
clearly envision this new entity as a premier commerce company that will create a new paradigm for on-line
shopping in the future. Citadel and the subsidiary will be able to focus on opportunities unique to each respective
company and allows each to independently pursue their own investment opportunities. This will better enable the
companies to compete in tomorrow's markets and to deliver value to its shareholders and customers."

A new board of directors and management for the new subsidiary will be announced in the near future. Citadel
will file an information statement related to the dividend with the Securities and Exchange Commission prior to
distribution and distribute an information statement to its stockholders. Citadel believes that the dividend will be
a taxable event and is reviewing the tax consequences of the dividend, which will be disclosed in the filings.

For more information, please contact Citadel Technology Inc. at 1-800-962-0701 or visit the company website
at www.citadel.com.

The above statements are not strictly historical facts and include forward-looking statements that involve a
number of risks and uncertainties. The actual results of the future events described in such forward-looking
statements could differ materially as a result of, among other things, the following: timing and delays related to
distribution of an information statement based on the SEC review process, implementation of internet strategies,
integration of technology, transition of selling and distribution methods, the availability of capital on terms
acceptable to the Company, general economic conditions, competition, the market for the network software
products, software development costs and possible future litigation, as well as the risks and uncertainties
discussed in the Company's public reports and filings and public statements.

CONTACT: Company Contact:
Steven B. Solomon
Tel: (214) 520.9292
or
Media and Investor Contact:
Dian Griesel, Ph.D.
The Investor Relations Group
Tel: (212) 664.8489


%CITADEL-TECHNOLOGY CITN %TEXAS %INTERACTIVE %MULTIMEDIA %INTERNET %COMED V%BW P%BW



To: Warlock who wrote (32165)1/7/1999 3:52:00 PM
From: BARRY ALLEN  Respond to of 34592
 
CDKX......anyone following this one?

Wednesday January 6, 1:13 pm Eastern Time

Company Press Release

CDKNET.COM Inc. Decides Not to Accept Current Offer

GARDEN CITY, New York--(BUSINESS WIRE)--Jan. 6, 1999--CDKNET.COM Inc. (OTC BB:CDKX - news; the ''Company'') announced today that the Board of Directors of the Company has decided not to accept the offer as presently constituted by a prospective purchaser seeking to acquire the Company for a ''substantial premium per share above the current market price.''

The Company is actively engaged in discussion with several prospective purchasers. The Company is prepared to evaluate any revised offers from such prospective purchaser and any other offers made by third parties with respect to the Company.

This press release contains forward-looking statements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements.

CDKnet, CDK and Game Player and Metrotainment are registered trademarks of CDKnet, LLC.

--------------------------------------------------------------------------------
Contact:

CDKNET.COM, Garden City
Steven A. Horowitz, 516/222-2345
Fax: 516/222-2665

--------------------------------------------------------------------------------



To: Warlock who wrote (32165)1/12/1999 12:23:00 PM
From: JeanD  Read Replies (1) | Respond to of 34592
 
BNTK to be a YHOO virtual store per newsalert. Great news!

JD