To: CAPT.DAN who wrote (5109 ) 2/2/1999 10:27:00 AM From: Trooper Respond to of 15987
More news on MXNT! 02/02 10:01 Maxnet Announces New Affiliation with Pseudo Programs, Inc. - MXNT.OB> Maxnet Announces New Affiliation with Pseudo Programs, Inc. - www.Pseudo.com FREEHOLD, N.J.--(BUSINESS WIRE)--Feb. 2, 1999-- Maxnet, Inc. (NASD-OTC BB: MXNT) is pleased to announce a new affiliation with Pseudo Programs, Inc. - www.Pseudo.com. MXNT's subscriber base, new visitors and developers are to be treated as loyal customers and VIP's with the addition of Pseudo's content in a myriad of areas on www.MaxPlanet.Com. "Pseudo's original content is a perfect meld of what we at MXNT call "New Media Content," states Robert Fuchs, VP of marketing for MXNT. MXNT's Portal, www.MaxPlanet.com will be channeling this content to its million plus viewers and creating a very netcentric viewing community. MXNT believes that this affiliation is timed perfectly with future advertisers on www.MaxPlanet.com since they will be able to sell their products into the content. "Our advertising clients will have shows to sponsor, areas to advertise into that are 'very vertical eyeballs' as we call them," adds Robert Fuchs, VP of marketing for MXNT. Advertisers are looking for content - shows and stickiness; Pseudo's production of original content maintains loyal viewers who regularly access shows with mini portals built around them. "We recognize the need to build around programming as television does. It may only take a few good shows and a positive advertising and merchandising campaign to propel MXNT's network and Portal www.MaxPlanet.com into the spotlight. MXNT is determined to become a member of the New Economic metrics of tomorrow," states Michael Marsowicz CIO for MXNT. About Pseudo: Established in 1994 by Joshua Harris, founder of Jupiter Communications, Pseudo Programs, Inc., www.Pseudo.com is the premier provider of online Net-Television entertainment. Each week, Pseudo produces and netcasts over forty different interactive Net-TV shows, representing almost 200 original programming hours per month. About MXNT: MXNT's www.MaxPlanet.com allows internet users access to services such as MXNT's Big-Auction, MaxPlanet Radio, shopping, MAXIM Music's audio & video, e-push technology, and many of the upcoming benefits of one of MXNT's premier products www.Webphonebook.com. By integrating Real Audio - Real Video media into MXNT's MaxPlanet, Internet users will be treated to a much-awaited alternative to static banners and buttons. MXNT's entertainment division MAXIM MUSIC will be producing E-mercials that allow users an interactive preview in Real Audio-Real Video media before the user decides to click through to another section of MaxPlanet or to another site. Maxnet, Inc. is an integrated Internet Development Company focused on creating and expanding strategic alliances for its comprehensive network of consumer and business-oriented web services. For further information on Maxnet, visit their websites: maxplanet.com maxplanet.com maxplanet.com mxnt.com maxplanet.com Maxnet, Inc., MXNT is currently changing its name to reflect its new diversified Internet marketing business. Maxnet, Inc. currently has offices in New Jersey and Florida. Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from those expressed in these forward-looking statements. This release may contain forward-looking statements, made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties, which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect results include the development and introduction of competitive technologies, the market awareness and acceptance of the Maxnet technologies, the overall market demand for internet services, the presence of technologically inferior products and services which are priced or promoted to compete with Maxnet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information. --30--eb/ny* CONTACT: Maxnet, Inc. I. Goldreich, VP (732) 625-0770