Break Out the Bananas! PinkMonkey.com Membership Hits Half Million Mark.Business Editors & High-Tech Writers HOUSTON--(BUSINESS WIRE)--Dec. 21, 2000 How does a youth-oriented Web site celebrate when it hits a major milestone? For PinkMonkey.com, it's "bananas ba·nan·as adj. Slang Crazy: "That's the horrible thing when you're bananas all around!" to celebrate its 500,000th member. PinkMonkey .com Inc. (Pink Sheets:PMKY PMKY Pittsburgh, McKeesport, and Youghiogheny Railroad ), a large online provider of free literature summaries and study materials, today announced that it has reached the half-million member milestone. "We had projected that we would achieve this milestone by mid-2001, but our membership growth has been phenomenal," said Keith McIntosh, PinkMonkey.com's chairman and 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. . "While 85% of our members are high school and college students, we have been delighted to find the remainder is largely populated pop·u·late tr.v. pop·u·lat·ed, pop·u·lat·ing, pop·u·lates 1. To supply with inhabitants, as by colonization; people. 2. by teachers and home-schooling parents. The reception from these educators has been tremendous and has greatly assisted in the growth of the site largely by word of mouth," McIntosh added. "We look forward to continued expansion as we begin the next year, both in membership and in increased content for our members." PinkMonkey.com Inc. (http://www.pinkmonkey.com) is a leading Internet provider Internet provider - Internet Service Provider of free study materials, including 319 literature summaries, 15 study guides on core curriculum subjects and the SAT and GRE (Generic Routing Encapsulation) A tunneling protocol developed by Cisco that allows network layer packets to contain packets from a different protocol. It is widely used to tunnel protocols inside IP packets for virtual private networks (VPNs). exams, an 1,800 title library of classic texts, state testing resources, college planning resources, message boards, links to over 400 other quality online study resources and much more. PinkMonkey is a child-safe and teacher recommended study site. For additional information click on the following link: http://pinkmonkey.com/company/co_frm.asp Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. 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. involve risks and uncertainties that may cause the company's actual results in future periods to differ materially from those expressed. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. |
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