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To: RKocheran who wrote (252)2/8/1999 6:37:00 PM
From: Michael Graham  Respond to of 1125
 
MXNT - More news.

biz.yahoo.com

Monday February 8, 3:07 pm Eastern Time

Company Press Release

Maxnet's MAXIM MUSIC Teamed with TouchDown Entertainment to Offer New Hits Out of Florida

FREEHOLD, N.J.--(BUSINESS WIRE)--Feb. 8, 1999--Maxnet, Inc. (NASD-OTC BB:MXNT) announced today that in connection with MXNT's Entertainment Division, MXNT's MAXIM MUSIC released 3 new singles in association with TouchDown Entertainment and 2 new singles from the recording artists known as SouthPOE.

''Look out Bad Boy Records, Death Row Records and the East and West Coast. MAXIM MUSIC's Rap Label 9mm has teamed up with TouchDown Entertainment to offer new hits out of Florida!'' states Robert Fuchs, VP of Marketing for MXNT.

MXNT's MAXIM MUSIC is based on the unique philosophy of signing all musical artists without exercising bias toward young, unknown talents, and providing an outlet for their music to be heard and purchased via the Internet. ''By Touchdown Entertainment being independent gives us an edge. We can move in almost any direction, R&B, RAP, anything. It was this type of freedom that we were looking for and that is what MXNT's MAXIM MUSIC and 9mm offered. We have artists that follow Puff Daddy, 2PAC, Biggy Smalls, and the rest. They are creating music that will carry on those legends. We have the freedom to do what we want in this genre by being a team with MAX!'' states SADO, President of Touchdown Entertainment.

MAXIM MUSIC sets itself apart from web-only businesses and conventional record labels by successfully blending traditional brick and mortar distribution with the sizzle and growth of Internet visibility and distribution, typified by the philosophy of not exercising musical bias and allowing the artist total creative freedom has not only attracted up-and-coming talent from around the globe, but has also caught the attention of more established acts who may soon call MAXIM MUSIC their home.

Michael Marsowicz, CIO/CTO for MXNT stated, ''Over the last few years and more artists are distributing without big labels. Prince, Pearl Jam, and Smashing Pumpkins are some of the artists who blazed the independent trail. MP3 has changed music forever, add 5.1 surround and the Internet and a label. However, it takes talent to stay and that is where we believe to have an edge. Similar to what Nine Inch Nails and Trent Resnor were trying to do, but they didn't have the technical web talent. Here at www.MaxPlanet.com we accepted RAP as the number one selling genre in the world, just ask MTV. With our affiliation to www.Pseudo.com's Hop 88, our MAXIM MUSIC team, a Portal and MAX! We are all that!'' exclaimed M. Marsowicz.

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.