ActFit.com Inc. Announces Listing On Frankfurt Stock Exchange, Symbol 'FIK'.Business Editors TORONTO--(BUSINESS WIRE)--July 20, 2000 ActFit.com Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ACTFF)(CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. :ACTFu.) of Los Angeles and Toronto, operator of www.ActFit.com, the Internet's premier website for the Active Lifestyle market, announced today that it is now being traded on the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. under the German CUSIP number 916 698, and the symbol FIK FIK Flying Insect Killer FIK Fault Isolation Kit FIK Flange Insulation Kit . European investors wishing to receive all press releases should write to: Teamwork Kommunikations GmbG, Grosse Bleichen 32, 20354 Hamburg, Germany, or e-mail info@teamwork-germany.de. Mr. Richard Hue, ActFit.com Inc. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , explained that listing on the Frankfurt Exchange, the largest in Germany, is a further step in making ActFit.com an international brand. "There has been much interest in the company within the European community and this listing will allow access to European investors wishing to trade in real time and in local currency and Euros," said Mr. Hue. "We believe that this listing will allow us to expand our shareholder base, and I am further encouraged by the recent announcement of plans for the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. and Frankfurt Exchange to merge this year." This listing is the first step in ActFit.com's strategy of expanding and creating new partnerships and alliances in Europe, where high-speed, broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a is racing far ahead of North America. ActFit.com's interactive fitness content is media-rich and ideally suited to delivery over Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) and wireless (satellite) Internet access systems. "With satellite Internet access Satellite Internet services are used in locations where terrestrial Internet access is not available and in locations which move frequently. Internet access via satellite is available worldwide, including vessels at sea and mobile land vehicles. available for as little as $15 U.S. per month, the forecast of 150 million European broadband subscribers within the next six years is certainly within the realm of possibility. We are currently talking with possible partners in localizing the ActFit.com brand and the Active line of on-line training products for distribution to this massive new market," said Mr. Hue. With DSL access to the Internet, customers can benefit from streaming media, secure remote work and fast Internet access at connection speeds that typically range from 1.5 Mbps to 8Mbps. This is roughly 100 times faster than the typical speed of dial-up access. Satellite Internet access currently allows download speeds of up to 2.5Mbps, with 10Mbps access available by the end of 2000. ActFit.com is a pioneer in the creation and delivery of rich media fitness content. Active Trainer Online is the first complete fitness training application on the Internet Body of Knowledge Online is the only online strength training encyclopedia Actfit.com has the largest library of fitness training video clips in the world Visit www.ActFit.com, the Active Lifestyle Source! Forward-looking statements and comments in this press release are made pursuant to the safe-harbor provisions of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, complete future web sites or complete future acquisitions are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including, but not limited to, the risks related to the demand for the company's products and/or services, competition, and availability of capital. The information herein has not been approved or disapproved by regulatory authorities. |
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