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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT -- Ignore unavailable to you. Want to Upgrade?

To: TOPFUEL who wrote (363)	4/5/1999 11:42:00 AM
From: WallStreetTips	Read Replies (1) \| Respond to of 1125

MXNT >>> New News on launch of MaxPlanet.com - Hong Kong Monday April 5, 9:18 am Eastern Time Company Press Release Maxnet Announces MaxPlanet - Hong Kong With Web-City Canada Corporation FREEHOLD, N.J.--(BUSINESS WIRE)--April 6, 1999--Maxnet, Inc. (NASD OTC BB:MXNT) announced today an agreement to launch MaxPlanet.com - Hong Kong with Web-City Canada. The terms of the agreement call for MXNT's site development for MaxPlanet - Hong Kong to be divided into Chinese and global content. Web-City Canada will develop Chinese content while MXNT will supply the global content for the site. Advertising revenues form MaxPlanet/ Hong Kong will be coordinated through Web-City Canada while MXNT will ensure that MaxPlanet - Hong Kong is properly maintained and promoted. ''We're very excited about our partnership with MXNT,'' says Donald Yuen, President & CEO of WebCity Interactive (Canada) Corporation. ''We've been impressed with MXNT's business model and their brand. We look forward to a long, mutually beneficial relationship.'' About WebCity Interactive (Canada) Corporation WebCity Interactive (Canada) Corporation was registered on July 11, 1997. The Company has sales offices nation wide and is headquartered in Toronto, Ontario. WebCity is dedicated to providing quality Canadian-based web services for Users and creating one-to-one marketing solutions for Advertisers, Affiliates and Business Partners. One of WebCity's missions is to provide worldwide free-of-charge quality and reliable web tools and services to individuals and organizations over the Internet. The Company's primary objectives include strengthening and uniting Canadians on the Information Super Highway and achieving financial Corporate stability through steady quarterly growth.