4networld.com, Inc. Announced That Its Wholly Owned Subsidiary 4net Software, Inc. Signed a Preferred Marketing Agreement with the U.S. Federation of Small Businesses to Provide Web Site Content Management Solutions to its 100,000 Members

Business Wire,  July 31, 2000  

• E-mail
• Print
• Link

Business Editors

NEW YORK--(BUSINESS WIRE)--July 31, 2000

Today, 4networld.com, Inc. (OTCBB:FNTW) announced that its wholly owned subsidiary, 4net Software, Inc. has entered into a Preferred Marketing Agreement with the U.S. Federation of Small Businesses ("USFSB"). 4net Software will offer web-site content management solutions and web development services to over 100,000 members of the USFSB.

4net Software, Inc. is a provider of content management software and a developer of business-critical Web sites. The USFSB is one of the nation's largest organizations dedicated to helping small businesses succeed and grow. It offers a variety of affordable group programs for business owners, including health insurance, product and service discounts. Pursuant to this agreement, the USFSB will market and recommend the products and services of 4net Software to its membership base.

Michael Park, the President of 4net Software stated, "With this preferred marketing agreement in place 4net Software will be able to market its cost-effective Internet solutions for small and mid-sized businesses to the 100,000 members of USFSB and hopefully generate significant sales and licensing revenues." Mr. Park continued that "4net Software is honored to be partnering with a national organization with the stature of the USFSB, one which is equally dedicated to the goal of empowering smaller enterprises throughout the U.S."

"4net Software has demonstrated that it can provide small businesses with an Internet friendly tool they need to compete in today's marketplace," said Michael Kinney, Vice President of Marketing for the USFSB. "It is a credit to their management team and the strength of their product line that we entered into the marketing and referral agreement to offer 4net Software's proprietary software and development services to our member businesses." Mr. Kinney continued, "We're pleased to be able to offer 4net Software's affordable Internet solutions as part of the wide range of money-saving services available to businesses through the Federation."

About 4net Software, Inc.

4net Software, Inc. (http://www.4netsoftware.com) is a provider of content management software and a developer of business-critical Web sites. 4net Software develops web based software applications, focusing on content management and information exchange that services small business up to the corporate enterprise. The Company's flagship product, 4netManager, seamlessly bridges the gap between content creation and content delivery by giving non-technical users the ability to update and maintain their own web site. The functionality of 4netManager eliminates the cost of web site maintenance, and improves the process of sustaining a dynamic online presence. 4netSoftware's objective is to become a premier business-to-business provider of content management solutions for the business community.

About the U.S. Federation of Small Businesses

The USFSB (http://www.usfsb.com) was formed in 1983 to help small businesses and the self-employed to have access to the same benefits that large corporations have. USFSB's concept is simple: small businesses would pay a minimal membership fee and join together in order to magnify their economic clout and political power. The USFSB recognizes the needs of small businesses and strives to make running your business easier while increasing your profits. The USFSB has put together a list of national vendors that our members have requested, such as 4net Software, at their fingertips to obtain discounts from our massive dollar value generated by our members. When they use our vendors, not only will they receive an extra value, they also know that they will have strength in numbers to get the best possible service. The Mission of the USFSB is to assist small business owners to stay on the cutting edge of technology and to grow and prosper within their industry. The USFSB - by virtue of its collective strengths - will provide you with assistance, services, and products that will accommodate your business regardless of its size. Our members enjoy exciting benefits such as; free small business information, legal documents, software, as well as discounts on services and products.

About 4networld.com, Inc.

4networld.com, Inc., (http://www.4networld.com), is a publicly traded company engaged in acquiring, managing, and operating a network of niche software and Internet solution companies. 4networld's objective is to leverage its family of products and services to its growing client base. 4networld's strategy is to acquire and integrate software and Internet solution companies into a collaborative network that leverages the collective knowledge and resources of 4networld to actively develop the business strategies, operations, and management teams of its portfolio companies.

FORWARD LOOKING STATEMENTS

Certain of the statements contained herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those included in the forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect the occurrence of unanticipated events.

COPYRIGHT 2000 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning