CyPost Corporation Finalizes Marketing Contract with Internet Marketing Consortium, Inc.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Jan. 9, 2002 CyPost Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : POST), today announced it has signed and finalized a Marketing Agreement with Internet Marketing Consortium, Inc. (IMC (Internet Mail Consortium, Santa Cruz, CA, www.imc.org) An industry trade association founded in 1996 by Paul Hoffman and Dave Crocker that promotes Internet e-mail standards and features. ). The terms of the agreement call for IMC to bear all of the marketing costs to promote CyPost Corporation's newest nationally based 56K dialup 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. , NetRoverUSA. In turn, CyPost will compensate ICM ICM Intercom ICM Integrated Crop Management ICM International Congress of Mathematicians ICM Information Classification and Management ICM Intelligent Contact Management (Cisco) ICM International Creative Management on a per-subscriber basis. "CyPost Corporation is elated to have entered into an agreement with a firm as well recognized and resourceful as IMC," commented Sandra Warren, President of CyPost Corporation. "The shareholders of CyPost applaud IMC's entrepreneurial courage in taking on CyPost as their Joint Venture partner in efforts to expand the company's Internet service base nationwide." "The agreement that was just finalized with CyPost Corporation is the most unique one ever executed in my 52 years of marketing, " said Beryl Wolk, Chairman and Chief Executive Officer of IMC. "I haven't seen such a committed, dedicated group of executives spearheading a company since William Von Meister William F. von Meister (1941/1942—May 18, 1995) was an American entrepreneur who founded and participated in a number of startup ventures in the Washington, DC area. These included Control Video Corporation, a predecessor company to AOL, and The Source, an early BBS. of 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. came into my office over 10 years ago. Our goal and commitment is to build the company's nationwide 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. subscriber base to a point where they will rank within the top 10 Internet Service Providers in the country. I signed a performance-based agreement with CyPost to further show my commitment as a shareholder and fellow entrepreneur to the company," added Mr. Wolk. Initially, IMC will be expending several million dollars worth of advertising and marketing media in order to introduce the affordable, reliable ISP alternative to the masses. Mr. Wolk also commented that he, "firmly believes that, as proven over the past 52 years, the returns from a campaign of this magnitude will be dramatic for CyPost and its shareholders." About NetRoverUSA NetRoverUSA, 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 provides reliable, affordable Internet access services. An alternative to the 'Bigger ISPs,' NetRoverUSA provides consumers nationwide in the United States 56K dialup Internet access at a price of $19.95 per month without any set up fees. Additional product and pricing information is available by calling 1 800 768-9900 and through NetRoverUSA's web site at www.netroverusa.com. 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 nationwide throughout the United States and 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, 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 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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