FDN, Inc. Announces Contract to Supply ISP Signal to BeachAccess.net, Inc.Business Editors/Technology Writers ORLANDO, Fla.--(BUSINESS WIRE)--Dec. 12, 2001 FDN FDN Foundation FDN Fully Distinguished Name FDN Fixed Dialing Number (telecommunications) FDN Florida Digital Network FDN Fuerza Democratica Nicaraguense (Nicaraguan Democratic Force) , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FDNI FDNI Flavor-Diagonal Neutrino Interactions ) announced the signing of a three-way agreement to supply enhanced 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. services for BeachAccess.net, Inc., a division of BIFS BIFS Binary Format for Scenes BIFS Built-in Functions (Arithmetic) BIFS Biotechnology Information for Food Safety BIFS Backoff Inter-Frame Space Technologies Corporation (NQB NQB National Quotation Bureau, Inc (now Pink Sheets) :BIFT BIFT Bangalore Islamic Foundation Trust (India) ). BeachAccess.net, Inc. is located in and operates from South Carolina supplying local Internet access and connectivity to its clients in the greater Myrtle Beach area. As part of the agreement, FDNI in cooperation with Adbookplus, Inc. will supply a nationwide dialup capability for use by BeachAccess.net, Inc. and its clients, thereby enabling the company to extend its ISP service area nationwide and solicit customers outside of its present local dialup network. At the present time BeachAccess.net has over 1,000 subscribers and with the addition of the new nationwide service estimates that it can expand its ISP capabilities to handle approximately 4,000 customers in the near future. Included within the agreement, Adbookplus, Inc. will take over the billing and customer service responsibilities for the system. Both Al Keyser of BIFS Technologies and Paul Matthews of FDNI commented that the association between FDNI, Adbookplus, Inc. and BIFS Technologies Corporation was a natural fit and served as a complimentary joint venture between the three companies by offering a demonstrable value added service package to existing local customers and opens the door to adding customers from the nationwide audience. FDNI and Adbookplus, Inc. are expected to pick up additional subscribers under the collaborative venture, while BIFS increases its direct coverage area and reduces certain ancillary expenses. Adbookplus, Inc. is also the parent and owner of the realm 123clickit.com. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including without limitation, the future press releases of FDN, Inc. |
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