CyPost Corporation Subsidiary To Expand Service Nationwide.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Nov. 19, 2001 NetRoverUSA Online 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 it has signed an agreement with Dialup USA Inc., a leading 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. wholesale aggregator. This agreement will enable NetRoverUSA to offer nationwide 56K dialup access in over 5600 points of presence (POP's) 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. . NetRoverUSA will be the newest 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. to market nationwide in the United States. Other CyPost companies, NetRover Inc., Connect Northwest, and Internet Arena have successfully operated locally in the United States and nationally throughout Canada since 1995. NetRoverUSA, as a new alternative to existing US nationwide ISP's, will focus on delivering superb live customer care and support, with minimal hold times, 24 hours per day, seven days per week, 365 days per year through its customer call centers. It will provide nationwide network access in over 5600 points of presence, at a price of $19.95 per month. "I am pleased the Company's time lines are on course, and the management group is delivering on schedule," said J. Thomas Johnston, CyPost Chairman. "Moving to an international presence for Internet dialup access represents a huge opportunity for growth. CyPost anticipates the business relationship with Dialup USA will prove to be fruitful for both parties. With CyPost now having a national footprint both in the United States and Canada, we will turn our attention to the marketing initiatives that will increase our subscriber base." NetRoverUSA www.netroverusa.com expects to begin accepting new signups by early December of this year. 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 in 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 (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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