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

To: Alan Coccio who wrote (8107)	3/2/1999 1:39:00 PM
From: James Tilton	Read Replies (2) \| Respond to of 15987

Money Made, could you check out this news release. Need your comments, Thanks in advance, sorry long news letter but what a great thing. Planet America Inc. -PNTC- to Launch 1,200 Local Area Web Portals that will Capture the US $1.7 Trillion Retail Market BusinessWire, Tuesday, March 02, 1999 at 11:48 BUFFALO, N.Y.--(BUSINESS WIRE)--March 2, 1999--Planet America Inc. (OTC BB:PNTC) revealed its plans to launch over 1,200 Local Area Web(TM) sites (LAWs(TM))--interactive information and IBM e-business(TM) utilities--addressing the needs of local markets where users spend 90% of their time and money. An IBM Business Partner, Pla.net will set up over 1,200 local hubs for dynamic information, interactive marketing, IBM e-business(TM) and e-commerce solutions in North America. Pla.net's aggressive rollout targets the whole of America's $1.7 trillion retail market including the $7.8 billion online market (Forrester Research, 1998). This fact alone increases Planet's revenue potential far above that of other purely Internet-based companies like Amazon.com (AMZN), eBay (EBAY), BID.COM (BII.TO), or Shopping.com (IBUY) who compete in a virtual market worth less than one half of one percent of the total US retail marketplace. By targeting local as well as national markets and supporting traditional as well as online distribution, Pla.net's network of LAWs(TM) will generate consistently increasing revenues in a way unseen in the online world to date. Considering an average city with population of 250,000 will show about $3 billion in annual retail sales, a single Pla.net site accounting for just 1% of that local market will yield $30 million annually. With over 1,200 sites planned for North America alone (over 70 in development) Pla.net is looking at potential revenues upwards of $36 billion. Additional revenues from National Sponsors and major Internet players alike will cause Pla.net's revenues to skyrocket even further. Pla.net America Inc. (PNTC) LAW(TM) expansion programs are as comprehensive as they are aggressive. Pla.net's local portals give both Wal-Mart (WMT) and Shopping.com (IBUY) or Barnes & Noble (BKS) and Amazon.com (AMZN), an equal opportunity to become part of users' everyday community lifestyles. Pla.net can enhance a company's existing physical presence in a community as well as provide Internet companies a very real presence to augment their virtual presence on the worldwide web. Pla.net America Inc. (PNTC) (as an IBM Business Partner) is actually delivering what Internet hype alone has not: a common-sense, needs-based, and highly profitable business that combines the best of the old and the new. As far as Planet America Inc (PNTC) is concerned, the LAW(TM) isn't reinventing the wheel...it's revolutionizing it. This release contains forward-looking statements which may involve known and unknown risks, uncertainties and other factors that may cause Pla.net America's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. CONTACT: Pla.net America Inc. 905-853-0349 or 1-888-666-3821 eplanet@ibm.net www.georgianbancorp.com/planet KEYWORD: NEW YORK INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com