To: May Tran who wrote (15330 ) 4/15/1999 7:29:00 PM From: Paganini Read Replies (2) | Respond to of 40688
For those who have not seen this: PrintOnTheNet.com Appoints Auditors (Last updated 3:48 PM ET April 15) MIAMI (BUSINESS WIRE) - Net Lnnx, Inc. (OTC BB:NLNX) announced today that PrintOnTheNet.com, its wholly owned subsidiary, has retained the accounting firm of Berkowitz, Dick, Pollack and Brant, Certified Public Accountants. Paul Lambert, CFO of PrintOnTheNet.com stated, "As a fully reporting public company it has always been our intention to apply for Nasdaq listing as soon as practicable. We are taking all the necessary steps to achieve this goal and the appointment of one of the most prestigious CPA firms in the region strengthens our commitment to our shareholders." PrintOnTheNet.com provides a fully interactive secure venue through which companies of all sizes are able to design and order their printed materials via the World Wide Web. Although PrintOnTheNet.com will launch a consumer web site in mid 1999, the company's primary focus is on "business-to-business" e-commerce. PrintOnTheNet's innovative service provides consistent quality, locks in corporate design standards, allows for instant modification and proofing, and enables distributed ordering for businesses with offices in multiple locations. Forrester Research estimates that business-to-business e-commerce will generate $1.4 trillion by the year 2003, with more than 90 percent of all e-commerce being conducted between businesses. Many companies such as VerticalNet, (NASDAQ:VERT) www.verticalnet.com, BroadVision, (NASDAQ:BVSN) www.broadvision.com and ProNetLink.com (OTC BB: PNLK) www.ProNetLink.com are enjoying tremendous success in this emerging market. The printing industry generates over $80 billion each year and PrintOnTheNet.com is the first publicly traded company to tap into the enormous printing market via the Internet. The information contained in this news release, other than historical information, consists of forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such statements regarding timing of acquiring and developing new products, of bringing them on line and deriving revenues and profits from them as well as the effects of those revenues and profits on the company's margins and financial position is uncertain because many of the factors affecting the timing of those items are beyond the company's control.