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.

Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: QuietWon who wrote (3854)	1/22/1999 8:41:00 AM
From: John R Resseger	Respond to of 15987

NEWS!!! WOOD biz.yahoo.com

To: QuietWon who wrote (3854)	1/22/1999 9:05:00 AM
From: Alan Boyd	Read Replies (1) \| Respond to of 15987

IJNT News: For those who follow IJNT another development this week: SAN FRANCISCO--(BUSINESS WIRE)--Jan. 21, 1999--IJNT International (OTC BB:IJNT) announced today that it is forming a subsidiary which it intends to operate as a facilities-based and reseller Competitive Local Exchange Carrier (CLEC). The new company will be named UrJet Backbone Network (UBN), Inc. UBN will be a fully owned subsidiary of IJNT. The new company will immediately apply for tariff rate recognition in a number of states with a view to providing high-speed broadband and wireless Internet services. Brandon Powell, IJNT General Counsel stated that, "...becoming a CLEC can lead to substantial cost savings and new revenue streams for IJNT. Powell added that, "...we will be able to wholesale bandwidth to connect to the Internet and our high-speed wireless Internet access and provide that service to large business, ISP's and others. We will also be able to interconnect our growing network with those of other carriers." Mary Blake, President of IJNT also stated, "This provides the Company with two major opportunities which are both part of the IJNT mission statement--number one, to become a national backbone provider and to wholesale bandwidth and secondly, to provide Internet telephony. We can begin to provide services as a telephone carrier as well as wireless Internet access provider with the national bandwidth in place." IJNT CEO, Jon Marple stated, "...becoming a national backbone provider moves the Company another step forward in becoming a major force in the national wireless and broadband industry. This is a significant move for the Company and we hope to have the national infrastructure in place by 4th quarter of this year." IJNT International provides high-speed, wireless Internet access to homes and businesses without the use of phone lines. The Company's subscriber base is rapidly growing as the service expands nationwide. IJNT also provides website development and e-commerce services as well as dial-up Internet access throughout the U.S. and internationally. The Company's rapid growth is the result of aggressive marketing and sales, internal development, acquisitions, and strategic alliances. This press release may contain forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, subscriber growth, product demand, competition, and other risks and uncertainties detailed from time to time in the Company's periodic reports, including Quarterly Reports on Form 10-Q and Annual Reports on 10-K. This and additional information can be found on the Company's website at www.ijnt.net or can be obtained from the Company upon request. CONTACT: OTC Financial Network IJNT International Mario "Ike" Iacoviello Jon H. Marple 800-683-5227/ 760-931-9211 949-723-2183 ike@otcfn.com jmarple@ijnt.net KEYWORD: CALIFORNIA