Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: WallStreetTips who wrote (802)	4/23/1999 2:53:00 PM
From: lightfoot	Read Replies (1) \| Respond to of 1125

Maxnet Upgrades MaxPlanet.com and Launches MaxPlanet Satellite Sites FREEHOLD, N.J. (April 23) BUSINESS WIRE -April 23, 1999--Maxnet, Inc. (OTC BB:MXNT) New Jersey based MXNT announced today that its www.MaxPlanet.com portal began offering Internet entrepreneurs and Users the ability to meld their local community news, bulletin boards, shopping malls and geography into MaxPlanet - California, Georgia, New York, Texas, and Hong Kong satellites. In conjunction with the launch of MaxPlanet - Canada canada.maxplanet.com and the upcoming launch of MaxPlanet - Japan, the Company is seeking to launch 50 Portal (Max!States) States in the USA - Complete with Regional Auctions, Shopping, Shows and more. Furthermore, www.MaxPlanet.com has a brand New Shopping Layout and New MaxPlanet Radio Shows in Real Audio - The Planet - MPR Lucky with Endo, and Survival of the Fittest. Additionally, MXNT's MAX!Auction - www.MaximAuction.com has contracted with www.TradeSafe.com to offer Users an Escrow services function to act as an objective third party to protect the buyer and the seller by collecting the money owed from the buyer and withholding it from the seller until the item has been received. I. Goldreich, VP and COO of MXNT stated, "We believe that all of the Users who frequent our sites should be secure. All issues regarding Privacy and Security are primary concerns for Users, Investors and MXNT." Maxnet, Inc. is an integrated Internet Development Company focused on creating and expanding strategic alliances for its comprehensive network of consumer and business-oriented web services with offices in New Jersey and Florida. The Company, Maxnet, Inc. - MXNT releases information over the public news wire services. Any information that is disseminated by other methods other than by Official Company Release is not from Maxnet, Inc. - MXNT and should be disregarded. For further information on Maxnet, visit their websites: maxplanet.com maxplanet.com maxplanet.com mxnt.com maxplanet.com Maxnet, Inc., MXNT is currently changing its name to reflect its new diversified Internet marketing business. Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from those expressed in these forward-looking statements. This release may contain forward-looking statements, made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties, which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect results include the development and introduction of competitive technologies, the market awareness and acceptance of the Maxnet technologies, the overall market demand for internet services, the presence of technologically inferior products and services which are priced or promoted to compete with Maxnet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information.