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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE -- Ignore unavailable to you. Want to Upgrade?


To: VisionsOfSugarplums who wrote (21)4/22/1999 10:32:00 AM
From: Denise D  Read Replies (1) | Respond to of 1252
 
toowit,

Everything looks good on my charts, heading up towards overbought, but of course we know from past experience that this doesn't mean we'll head back down.

I couldn't find any news from Net Shepherd except on Apr 12, did you see it? (I hadn't.)

Net Shepherd Announces Market Representation Agreement with Vanenburg Group BV

... Global Revenue Sharing from Business Applications of NSI Technology.


CALGARY, April 12 /CNW/ - Net Shepherd Inc. (ASE:WEB), today announced that it has entered into a Market Representation Agreement with Vanenburg Group BV of the Netherlands to bring to market, sell and distribute NSI's new scalable Internet Community Platform technology around the world.

Under the Market Representation Agreement, Vanenburg Group BV will represent Net Shepherd through Click Choice Europe BV (a Vanenburg Group company) exclusively in Europe. To date six projects have been identified in applications ranging from publishing, e-business and ERP applications, to education and Internet services. Under the new Agreement both companies will share in revenue earned from customers that have been sourced by Vanenburg Group business development personnel. Until now, Net Shepherd has had no business development, marketing and sales capability in on the ground in Europe.

"Our new platform is scalable, and can be easily replicated to provide tailored solutions for a range of customers within an industry segment. The platform is also extensible and will be employed in many different applications. The sheer number of opportunities already identified by the Vanenburg Group encourages us.", says Don Sandford, President and CEO of Net Shepherd. "The technology and business development alliance with Net Shepherd Inc. enables both companies to join forces to bring Net Shepherd's innovative Electronic Business Community Solutions to market around the world", added, J.D. van de Geer of Vanenburg Group BV.

Net Shepherd is a leading provider of business solutions to corporations that want to transform the way they do business using the power of the Internet. The Corporation offers a full line of Internet community software solutions, and systems integration services. Additional information on Net Shepherd is available, on the 'Net at netshepherd.com. Net Shepherd Inc. is traded on The Alberta Stock Exchange under the symbol WEB.

Vanenburg Group, formerly known as Vanenburg Ventures, is a private, limited liability Netherlands Company that was formed in 1994. During the last years, Vanenburg Group main activities included providing venture capital funding for technology companies worldwide and invested in companies that supply innovative services and products in the enterprise applications market.

Vanenburg Group acts as financial holding for its investments to date.

newswire.ca

–– OT

Obviously the market likes their move into Europe, remind you of any other stock we know? LOL

Denise.