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PEAKSOFT MULTINET AND NOVELL ANNOUNCE CO-MARKETING ALLIANCE FOR SMALL BUSINESS MARKET
BELLINGHAM, WA, March 29, 1999 - PeakSoft Multinet Corp. (ASE:PKS;
OTC-BB:PEAMF) and Novell, Inc. (Nasdaq: NOVL) jointly announced today
the formation of a co-marketing alliance to provide superior software
and Internet solutions to the small business market. The alliance
combines the two companies' software products and services to provide
unique synergistic solutions and marketing opportunities specifically
geared toward targeted vertical markets.
Through the alliance, Novell's worldwide business customers will
have access to new, productivity-enhancing software solutions created
by PeakSoft Multinet. In turn, PeakSoft Multinet will gain access to
Novell's worldwide partners (VARs), customers and other marketing
channels to enhance the introduction of its new solutions to targeted
markets and rapidly increase sales.
PeakSoft Multinet and Novell recognize companies in the legal
industry, real estate industry, travel industry and other businesses
are poised to benefit highly from the use of intranets and extranets.
Accordingly, Novell's Netware for Small Business Product (NWSB), which
installs a network of integrated applications designed specifically
for small businesses, and PeakSoft Multinet's PeakTrack Business
Series, which provides internet and intranet knowledge management
solutions for vertical markets, will be marketed in conjunction to
provide users with a powerful set of software and services to fill the
unique needs of small businesses. The new marketing initiative is
aimed at capturing increased market share and penetrating new vertical
markets.
"This marketing alliance creates the opportunity to significantly
enhance PeakSoft Multinet's sales growth by enabling us to reach an
increased number of small businesses currently using Novell
products," stated Doug Foster, PeakSoft Multinet's president and CEO.
"This alliance is a prime example of our commitment to providing
superior, integrated and easy-to-use solutions to small businesses
around the world."
"We are looking forward to this marketing alliance because it will allow us to provide our consumers with a strong competitive edge. Combining PeakSoft Multinet's innovative software and solutions with
Novell's NWSB will equip small businesses with the fundamental tools
for growth and advancement as we move towards the new millennium,"
said Ben Anderson, vice president of Engineering.
PeakSoft Multinet will adopt and support the Novell platform and seek
to optimize its PeakTrack Business Series as "Best of Novell"
solutions to be consistent with the NetWare standards. It will
specifically support and enhance Novell's Border Manager, GroupWise,
Novell Licensing Services (NLS), JAVA and Novell Directory Services
(NDS). Further, PeakSoft is introducing the "PeakJet 2000 for
Novell", a customized version of its #1 selling browser accelerator,
for Novell's customers. It will include a unique Novell icon.
PeakSoft may participate in a variety of other marketing methods
including Novell's newsletter, partner CDs, web marketing, tradeshows
and other partner activities. PeakSoft and Novell will explore other
areas to expand their collaboration and provide advanced solutions
for both companies' clients.
NetWare for Small Business 4.2 is available to Novell customers
worldwide. The product is designed to make network administration
simple for customers with minimal networking experience by having
automatic installation and tools for improved network manageability.
In addition, the product enables small companies to more effectively compete by conducting business on the Internet through several new Web-based technologies. NetWare for Small Business 4.2 is a cost-effective solution since it has a licensing scheme that allows businesses to add up to 50 users, one by one, if needed.
The PeakTrack Business Series, which will be available in Q2 1999, is
designed to provide small businesses with up to 50% faster internet
access and knowledge management services for the Internet/Intranet.
The series will include software packages tailored to the unique needs
of specific vertical industries, such as law, real estate, travel and
small businesses. The PeakTrack Business Series also allows for data
collaboration and information sharing both within the network and over
the internet and includes solutions for e-commerce.
About Novell:
Novell, Inc. (Nasdaq: NOVL) is the world's largest network software
company and the leader in directory-enabled network solutions. Novell
solutions make networks more manageable and secure and reduce the
total cost of ownership fir organizations of every kind and size.
Novell's worldwide channel, developer, education and technical support
programs are the most extensive in the network computing industry. For
information on Novell's complete range of products and services
contact Novell's Customer Response Center at (888) 321-4CRC (4272), or
visit Novell's Web site at www.novell.com. Press may access Novell
announcements and company information on the World Wide Web at
www.novell.com/pressroom.
About PeakSoft:
PeakSoft Multinet Corporation, formerly PeakSoft Corp., is a leading
developer of software tools and Internet solutions designed to
empower small businesses. During 1998 the company announced
marketing partnerships with RealNetworks (RNWK), Symantec (SYMC),
Software Builders and Xoom.com (XMCM). Publicly traded on the
Alberta Stock Exchange (PKS) and on the OTC Bulletin Board (PEAMF),
PeakSoft is headquartered in Bellingham, WA. For more information,
call 888-377-7325, visit the PeakSoft Web site (www.peak.com) or send
e-mail to info@peak.com.
Novell and NetWare are registered trademarks and Border Manager is a
trademark of Novell, Inc.
This release may contain forward-looking statements as well as
historical information. Forward- looking statements, which are
included in accordance with the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995, may involve known
and unknown risks, uncertainties and other factors that may cause the
company's actual results and performance to be materially different
from any results or performance suggested by the statements in this
release. Such statements, and other matters addressed in this press
release, may involve a number of risks and uncertainties including
price competition, technological advances, decreased demand or
diversion to other software solutions.
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The Alberta Stock Exchange has neither approved nor disapproved of the
information contained herein.
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