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AmeriNet Becomes Cisco Partner.


Business Editors/High-Tech Writers

BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Feb. 22, 2001

AmeriNet Group.com, Inc. ("AmeriNet") (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ABUY) today announced that its has been appointed as a "Cisco Partner." Pursuant to the terms of its agreement with Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
, Inc. ("Cisco") (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol)
CSCO Chief Supply Chain Officer
), AmeriNet has become an authorized reseller of Cisco products and systems.

Cisco currently controls approximately 65% of the Internet routing equipment market and has already shipped new routing devices capable of sending Internet traffic at rates of 10 gigabits per second, four times its previous capacity. The devices use interfaces known as "OC-19," the latest speed barrier for networks Current customers using the Cisco 12410 and 12416 include Sprint (NYSE NYSE

See: New York Stock Exchange
:FON Fon

People of southern Benin and adjacent parts of Togo. They speak a dialect of Gbe, a Kwa language of the Niger-Congo language family. Numbering about 3 million, the Fon are mainly farmers.
), AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services.  Time Warner (NYSE:AOL) and ATT ATT

ammonia tolerance test.
 (NYSE:T). Cisco's new routers feed into a strategic thrust to marry the Internet, or IP technology, with optical network technology. It is also set to disclose new technology based on its highly successful Cerent acquisition, intended for smaller telecommunications companies.

Commenting on the association, AmeriNet president Edward C. Dmytryk stated that "AmeriNet is delighted to join the Cisco product sales family and looks forward to becoming a part of Cisco's long term economic growth strategy. While we note that the market for Cisco equipment has suffered during the last year due to the general decline in Internet infrastructure enterprises during fiscal year 2000 and acknowledges that Cisco has predicted comparatively slow growth during fiscal year 2001, we strongly believe in Cisco's long term strategy and the prospects for growth averaging 50% per year over the next five years. We have discussed marketing options with management of Wriwebs.com, Inc., one of AmeriNet's current subsidiaries and PriMed Technologies, Inc., a corporation with which AmeriNet is conducting acquisition related negotiations and each is very interested in joining with AmeriNet in marketing Cisco products."

AmeriNet is a publicly traded holding company, which files periodic reports with the Securities and Exchange Commission. It has offices in Ocala and Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. . In business since 1964, its management has expertise in finance, acquisitions and securing growth capital for emerging companies in the medical, Internet and hi-tech fields. Its subsidiaries currently include: Wriwebs.com, Inc., and AmeriNet Communications, Inc.

For information concerning sale of Cisco System products, please contact Edward C. Dmytryk at (352) 861-1350 (voice); (352) 861-1339 (fax); ed@amerinetgroup.com. For additional information contact: Charles J. Scimeca at (561) 998-3435 (voice); (561) 998-4635 (fax); charles@amerinetgroup.com (email).

This release is comprised of inter-related information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. This release is provided in compliance with Commission Regulation FD and contains certain "forward-looking statements and information" (as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995) concerning AmeriNet that are based on the beliefs of AmeriNet's management, as well as assumptions made by and information currently available to AmeriNet. Such statements reflect the current views of AmeriNet with respect to future events and are subject to certain assumptions, including those described in this release. Should one or more of the underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed or expected. AmeriNet does not intend to update these forward-looking statements prior to announcement of quarterly or annual results.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 22, 2001
Words:559
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