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Microcap & Penny Stocks : CNES - Connectisys Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Robert who wrote (18)	2/23/1999 8:11:00 AM
From: Robert	Read Replies (2) \| Respond to of 86

ConectiSys Negotiates Test Pilot of Its Wireless Meter Technology in Italy, Data Delivery via the Net LOS ANGELES--(BUSINESS WIRE)--Feb. 23, 1999--Robert Spigno, President/C.E.O.,ConectiSys, Corp. (OTC BB:CNES) announced that the company, over the last several weeks, has been in serious negotiations to supply automatic wireless meter readings with an authorized agent of Italy's electrical utility. According to agency representative Sergio Orso, "Our national electric company wants to have a pilot project to read its meters from a central location. . .the company is willing to start the project immediately" According to Orso, "Italy presently has 30 million electrical meters." The initial test pilot calls for 1,000 units in phase I and 11,000 additional units in phase II. Kilowatt usage data will be sent every 15 minutes over the Internet and collected by ConectiSys' servers in the US. Impending Internet changes will assure that ConectiSys can conduct business abroad reliably and inexpensively. Rapid international improvement of the Internet's backbone are occurring through companies such as WorldPort Communications, Inc. (Nasdaq:WRDP) and Star Telecom (Nasdaq:STRX). Star Telecom recently signed a letter of intent with WorldPort for the purchase of up to $55 million in fiber capacity between the two carriers over the next three years to interconnect their European backbone networks and switching sites. "We are currently discussing the test protocol of the project," reported Robert Spigno, President/C.E.O. of ConectiSys Corp. "Progress has been surprisingly rapid to this point and we anticipate a conclusion within several weeks." The Company has created a Registration Web Site at conectisys.net for those consumers on the Internet who wish to evaluate the cost savings from an electricity reseller. We also welcome resellers of electricity to consider the Company's technology. Through the collected information, the Company intends to introduce interested consumers to electricity resellers utilizing the Company's technology. The company further intends to begin an awareness campaign targeting Internet users through banner advertising. We plan to first test banner ad "click through" ratio's on at least six high traffic portals: TheGlobe.com(Nasdaq:TGLO), Yahoo.com (Nasdaq:YHOO), Excite.com (Nasdaq:XCIT), Lycos.com (Nasdaq:LCOS), Infoseek (Nasdaq:SEEK) and Microsoft's (Nasdaq:MSFT) BannerMart.com, as well as other available media's, before we fully launch our campaign. Persons seeking additional information and/or those who would like to be added to the company's email list for future updates and press releases should register at the Investor Relation section of conectisys.net This press release may contain forward-looking statements. No explicit or implicit promises are intended herein. Any investment in these designated securities should be considered highly speculative. The Company recommends that any prospective investor consult with his investment advisor or broker prior to investing in the Company's securities. This press release is not intended as a general solicitation for an offer to buy nor an offer to sell securities. CONTACT: ConectiSys Corp., Los Angeles Robert A. Spigno, 805/295-6763 KEYWORD: CALIFORNIA BW1083 FEB 23,1999 4:46 PACIFIC 07:46 EASTERN