To: BillyG who wrote (39601 ) 4/1/1999 4:07:00 PM From: John Rieman Read Replies (2) | Respond to of 50808
Fat Pipes................................biz.yahoo.com Thursday April 1, 8:31 am Eastern Time Company Press Release WebNode.com to Sell $4 Billion of Next Generation Internet Nodes to Public SAFETY HARBOR, Fla.--(BUSINESS WIRE)--April 1, 1999--WebNode.com today announced it has have been granted an exclusive contract by the US Department of Energy (DOE) Office of Science (formerly Office of Energy Research) to raise $4 billion in funding for the new countrywide state-of-the-art fiber optic Next Generation Internet (NGI) to replace the existing copper backbone. Webnode.com's contract calls for it to sell 40 million nodes on the NGI to the general public. Each node will carry an initial value of $100. Further details on how to purchase nodes is available on the company's website at webnode.com . Further information on the Next Generation Internet Initiative may be found at iitf.nist.gov . The NGI is being modeled after the $500 million Internet2 and Abilene projects that successfully went live in February. Speeds for the NGI are expected to top 2.4 gigabits per second, which is 85,000 times faster than a standard dial-up modem. Additional information on these projects may be found at internet2.edu . ''We are very excited to have been chosen to spearhead this revolutionary project on behalf of the US government,'' said webnode.com President, Stefan Bosscia. ''We look forward to doing the same for other governments around the world. The internet is truly a global project.'' Early adoptees of the NGI include: 3Com Corporation (Nasdaq: COMS - news), Advanced Network & Services, Ameritech (NYSE: AIT - news), AT&T (NYSE: AT - news), Cabletron Systems (NYSE: CS - news), Cisco Systems (Nasdaq: CSCO - news), FORE Systems (Nasdaq: FORE - news), ITC^DeltaCom (Nasdaq: ITCD - news), IBM Corporation (NYSE: IBM - news), Lucent Technologies (NYSE: LU - news), MCI WorldCom (Nasdaq: WCOM - news), Newbridge Networks (NYSE: NN - news), Nortel Networks (NYSE: NTL - news), Packet Engines/Alcatel (NYSE: ALA - news), Qwest Communications (Nasdaq: QWST - news), and StarBurst Communications. Companies expressing interest include: GTE Government Systems (NYSE: GTE - news), Sun Microsystems (Nasdaq: SUNW - news), Yahoo! (Nasdaq: YHOO - news), America On-Line (NYSE: AOL - news), Amazon.com (NASDAQ: AMZN - news), and Microsoft (Nasdaq: MSFT - news). Webnode.com is a new division of BZE International, a recognized worldwide leader in e-commerce for government entities. Projects include satellite navigation, currency arbitrage systems development, and armaments deployment. BZE has contracts worldwide, with clients in Canada, the Czech Republic, Great Britain, Israel, and Japan. -------------------------------------------------------------------------------- Contact: Morgan Laurel Communications, Westport, Conn. Jim Chefftell, 203/226-0790 Director of Public Relations info@WebNode.com --------------------------------------------------------------------------------