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Microcap & Penny Stocks : DAVID SIRK's VALUE MOMENTUM PLAYS -- Ignore unavailable to you. Want to Upgrade?

To: David Sirk who wrote (2746)	6/1/1999 12:11:00 PM
From: 2MAR$	Read Replies (1) \| Respond to of 4828

IRE) Lakota Energy Inc. Announces the Acquisition of 2-Infinity.c Lakota Energy Inc. Announces the Acquisition of 2-Infinity.com, a High Speed Internet Solutions Provider Business Editors & Technology Writers ATLANTA--(BUSINESS WIRE)--June 1, 1999--Lakota Energy Inc., (OTC BB:LAKO), is pleased to announce the acquisition of 2-Infinity.com, of Houston, a provider of high speed Internet access products for the multi-tenant and hospitality markets worldwide. "The acquisition of 2-Infinity.com is a critical element in our strategy to acquire companies in the Internet arena which have explosive growth opportunities," said Ken Honeyman, President of Lakota Energy Inc. He further stated, "2-Infinity.com can show dramatic gains in growth very quickly, capture a sizeable market share and in turn, result in enhanced shareholder value." Majed Jalali, President of 2-Infinity.com said, "We can now take advantage of the inability of the other Internet Solutions Providers, (ISPs) in the Houston market to offer high speed Internet access directly to multiple dwelling units, (MDUs). This acquisition gives us a strategic advantage and will help us gain a large foothold in this market. We are looking forward to establishing 2-Infinity.com as the high speed Internet access provider of choice in the Houston market and beyond." Utilizing a "single box" Internet access solution designed by TUT Systems, (NASDAQ:TUTS), 2-Infinity.com will be able to provide a "plug and play" product to these target markets allowing high speed Internet access through existing phone lines that does not disrupt voice service. TUT's proprietary FastCopper(tm) technology, allows high-speed networking and Internet access that require no new wires or cables and is a large factor in the products' cost-effectiveness. Users will be able to download files, telecommute, videoconference, browse and play games up to 100 times faster, (over 1Mbps) than they would with a standard dial-up connection by using this DSL, (Digital Subscriber Line) technology. Customers have a secure, "always on" dedicated connection that is theirs, 24 hours a day without dropped connections. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, competition, completion problems, technological changes and other risks. --30--jc/at* CONTACT: PMR and Associates, Investor Relations Patrick M. Rost, 760/942-0015 760/942-1581 fax PMRandco@aol.com or Lakota Energy Inc. Ken Honeyman, 770/433-8250 LAKO@bellsouth.net Lakotaenergy.com or 2-Infinity.com Majed Jalali, 713/592-0371 2-Infinity.com KEYWORD: GEORGIA TEXAS INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET OIL/GAS ENERGY MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: busine