CyPost Corporation: NetRover Extends Agreement with WorldCom Canada as its Wholesale Internet Provider.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Nov. 8, 2001 NetRover Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CyPost Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :POST), today announced that it has selected WorldCom Canada Ltd., the leading global business data and Internet communications provider, to continue providing NetRover with wholesale Internet services through and including April 2003. As a result, NetRover will continue to offer its growing Canadian customer base nationwide access to one of the most reliable and secure Internet backbones A group of communications networks managed by several commercial companies that provide the major high-speed links across the country. ISPs are either connected directly to these backbones or to a larger regional ISP that is connected to one. , as well as superior bilingual customer service 24 hours per day, seven days per week, 365 days per year via its customer call centers. "Our agreement with WorldCom Canada Ltd. will not only allow us to maintain our geographical coverage, it provides us with a strong foundation to grow our dial-up capacity in the future," said Pezhman Sharifi, Vice President of Business Development. "With our strong national footprint of over 60 Points of Presence, we are able to serve all ten provinces in Canada, a high quality, affordable, and fast 56K Dialup service. Having established a solid framework in Canada, we can now turn our efforts to securing a national footprint in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ." About CyPost Corporation Founded in September 1997, CyPost Corporation, via its wholly owned subsidiaries, offers a full range of consumer Internet access services and a broad selection of business services, both of which are offered regionally in the Pacific Northwest and nationwide in Canada. These services are tailored to the specific demands of both its business and residential customers and include connectivity, server co-locations, e-mail, Web hosting, high-speed Internet access and other value-added services. CyPost is also positioning its business to enter the managed security service provider market (MSP (1) (Management Service Provider or Managed Service Provider) An organization that manages a customer's computer systems and networks which are either located on the customer's premises or at a third-party datacenter. ) to provide its Network of Service Providers additional privacy and protection solutions such as managed anti-virus, firewall, VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. , intrusion detection and filtering services. Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of 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. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect CyPost Corporation's business and prospects and cause actual results to differ materially from these forward looking statements. |
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