AT&T Canada and Planet411.com Negotiating.MONTREAL--(BUSINESS WIRE)--June 7, 1999-- AT&T Canada, a subsidiary of AT&T (NYSE NYSE See: New York Stock Exchange :T), and Planet411.com (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:PFOO) an Electronic Business Service Provider and Virtual City/Portal creator, have entered into negotiations for a cooperative marketing agreement. About Planet411.com Planet411.com offers merchants and businesses seeking to reach and profit from the ever-growing number of Internet consumers a dynamic, simple and complete turnkey E-business solution available within a finer, more versatile local Internet community. Collaborating with leading solutions in several fields, Planet411.com's total E-Business package supplies businesses with the following essential features: E-Commerce, hosting, branding, fulfillment, shipping and a customer service call center. For a small monthly fee, businesses can lease Planet411.com's total E- business solution and benefit from the use of top-rated E-Commerce products that will be maintained by EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. . Planet411.com's core focus is to be an Electronic Business Service Provider (EBSP EBSP Electron Backscattering Pattern EBSP Electronic Baggage Screening Program ) on a city by city basis. Setting-up an online business with Planet411.com (an EBSP) is as easy as getting connected to the Internet by using an Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (an ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ). The company's total Internet business solution saves businesses the time and costs associated with having to purchase, set-up, operate and maintain all the required hardware and software needed to do business on the Internet. Businesses will wish to be included in Planet411.com's active local environments because of the interactive and targeted synergy between consumers and merchants. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the company's limited operating history, delays in product development, development of the Internet market, changes in product pricing policies, competitive pressures, and the risk factors detailed from time to time in the company's periodic reports and registration statements filed with the Securities and Exchange Commission. |
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