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Microcap & Penny Stocks : Quest Net Corp. (OTCBB: QNET) -- Ignore unavailable to you. Want to Upgrade?


To: Joe Griffin who wrote (157)1/20/1999 9:18:00 AM
From: scouser  Respond to of 213
 
NEWS

BW0003 JAN 20,1999 1:30 PACIFIC 04:30 EASTERN

( BW)(FL-QUEST-NET)(QNET) Quest Net Corp. Announces Appointment of the Honorable Lauri J. Fitz-Pegado to Board of Directors

Business Editors

FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan. 20, 1999--Quest Net Corp. (OTC BB:QNET) Wednesday announced the appointment of the honorable Lauri J. Fitz-Pegado to its board of directors effective Feb. 15, 1999.
In announcing this addition to the board, Camilo Pereira, chairman and chief executive officer, stated: "The appointment of Lauri J. Fitz-Pegado to our board will tremendously enhance our board's expertise in international and public affairs. Her senior policy-making experiences at the Department of Commerce, where she supported and directed the expansion of U.S. business interests overseas, will also be an immeasurable benefit."
Fitz-Pegado brings to the board more than 20 years of extensive international and public affairs experience. Her prior positions have included foreign service information officer at the U.S. Information Agency and managing director and senior vice president at Hill & Knowlton Public Affairs Worldwide. More recent positions include special advisor to the secretary of commerce and also as director general and assistant secretary of commerce with responsibility for the U.S. and Foreign Commercial Service, International Trade Administration.
Currently, Fitz-Pegado is vice president of Global Gateway Management at Iridium LLC with headquarters in Washington D.C., a $5 billion global mobile personal communications system. She completed her undergraduate studies at Vassar College and her graduate degree in international affairs was earned at Johns Hopkins University.
Based in Ft. Lauderdale, Quest Net 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 more than 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 ISPs, and Wireless Internet Connection at a speed of up to 3 Mbps to a distance of eight 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.

--30--RJ/la*

CONTACT: Quest Net Corp., Ft. Lauderdale
Robert Leff, 954/567-1008
Info@ipquest.com
or
Zelco Enterprises Inc., Boca Raton
Paul Zeller. 561/218-0697
zelcolll@aol.com

KEYWORD: FLORIDA DISTRICT OF COLUMBIA MARYLAND
INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS COMED
MANAGEMENT CHANGES

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To: Joe Griffin who wrote (157)1/20/1999 9:27:00 AM
From: john griffin  Read Replies (2) | Respond to of 213
 
The dividend shares were in my account yesterday and listed at 0 value. I do not know the details of the restriction.
Anyone have more info. John