To: Stock Watcher who wrote (5775 ) 4/7/1999 2:59:00 PM From: Dave Gore Respond to of 52051
**PNET** news out....another alliance...one of these days this should go...really cheap....2 interesting technologies....one for the internet and the other a Phone-based Yellow Pages and fax service. Marketing efforts beginning...software finished BETA-testing with flying colors....see PNET thread for complete report. (PR NEWSWIRE) Phon-Net announces strategic alliance with Logicool Inc., a Phon-Net announces strategic alliance with Logicool Inc., a telecommunications marketing company SEATTLE, April 7 /CNW-PRN/ - PHON-NET, the developer of revolutionary software for the Internet, has formed a strategic alliance with Logicool, Inc., a telecommunications marketing company specializing in the marketing of long distance phone service and Internet access. Logicool's network of 3,800 agents throughout the United States gives Phon-net the ability to make immediate market penetration. (www.logicool.net) Logicool currently has a 7.9 cent per minute long distance product, which is designed as an employee affinity program and is being rolled out to Boca Raton Magazine, Arizona Iced Tea, West Central Chapter of PGA, Sen-Dure, Atlantic Real Estate Credit Corp and The Dardick Agency. Logicool is also launching a nationwide $17.95 per month unlimited Internet access-service, in a partnership with the Multiple Sclerosis Foundation. $1.00 from every subscriber's monthly bill will be donated to the Multiple Sclerosis Foundation. ''The partnership between Phon-Net and Logicool has us launching our newest, and by far, most revolutionary product, Direct Connect,'' stated Richard Middlebrook, CEO & President of Logicool, Inc. This software will give any company, big or small, the ability to have a cyber store front in which they will be able to talk to their customers. Internet browsers can go to a web site with Direct Connect and talk live with the business while on the same phone line. About Phon-net: One of the main objections by consumers about surfing the web is the lack of interaction on the Internet. Phon-net Direct Connect software takes a major step in satisfying this important customer need. Direct Connect allows businesses and consumers to interact at the Internet site, similar to the experience found in a physical store. This software, downloaded for free from the Internet, gives the consumer the ability to ''freeze the business'' website image on the computer screen. The consumer is then directly connected to the business using the same phone line as his/her Internet connection. For businesses, Direct Connect becomes a logical solution for problems encountered in attempting to better serve the customer. Some advantages of Direct Connect include: Increased Security, customers who are not comfortable with sending personal and payment information over the Internet can call the business directly without having to log off. Instant Access, customers can ask questions about certain products, leave a voicemail or request e-mail on demand. All forward-looking statements made by Phon-Net Corporation involve material risks and uncertainties and are subject to change based on factors beyond Phon-Net Corporation's control. Accordingly, Phon-Net Corporation's future performance and financial results may differ materially from those *** end of story ***