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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (56408)	2/17/1999 3:26:00 PM
From: Kevin Clarke	Read Replies (1) \| Respond to of 119973

ESFT, GREAT NEWS * *Company Press Release eSoft Signs Asia-Pacific Distribution Deal with NTT Electronics NTT Electronics to be Master Distributor in Japan BOULDER, Colo.--(BUSINESS WIRE)--Feb. 17, 1999-- eSoft Inc. (NASDAQ: ESFT - news), the company that develops an Internet presence for small businesses through the TEAM Internet family of Internet communication products, announced today a master distribution agreement with NTT Electronics Corp. (NEL). The agreement provides NEL with exclusive distribution rights in Japan and non-exclusive distribution rights in other Asia-Pacific countries. NEL is a subsidiary of Nippon Telegraph and Telephone Corp. (NYSE: NTT - news). eSoft estimates the agreement will be valued at more than $10 million in revenue over the next two years. ''Japan's Internet connectivity market is exploding,'' said Jeff Finn, president and CEO of eSoft. ''Teaming with NEL provides the best partnership possible for eSoft in the Japanese marketplace. This exciting partnership combines the dominant provider of Internet-related offerings in Japan and a leader in Internet connectivity products. We believe that this is just the start of what promises to be a long and mutually beneficial relationship.'' ''As Japan's Internet business grows, we believe eSoft's TEAM Internet family products will be well accepted in our marketplace,'' said Hyoh Ikawa, executive managing director of NEL. ''We hope to expand our business to SOHO markets in Japan and Asia-Pacific countries by combining eSoft's eminent products with our own products.'' NEL will be selling the product line into its direct sales channels and reseller channels.