| May 20, 2003 | For Immediate Release |
FUTURE PROTOSOURCE COMPANY, P2I NEWSPAPERS, SIGNS SIGNIFICANT UK CONTRACT.
BETHLEHEM, PA – May 20, 2003 – P2i Newspapers, soon to become publicly traded via its reverse merger into Protosource, announced today it has inked an agreement with Northcliffe Electronic Publishing (NEP) of London, England. P2i has been converting print content into web content for Northcliffe Press, the contract print arm of Northcliffe Newspaper Group (NNG), since the beginning of 2003.
“This agreement with NEP deepens the relationship and opens the door for dramatically more volume. Northcliffe Electronic Publishing is one of the most highly respected newspaper media businesses in Europe, and we are proud to have been chosen as a business partner”, stated Protosource CEO, Peter Wardle. “This helps solidify P2i Newspapers’ presence in the UK and gives us access to hundreds of potential customers across multiple verticals”.
Northcliffe Electronic Publishing (NEP) is the online arm of Northcliffe Newspapers Group (NNG). NEP works closely with the newspapers to deliver 17 local online portals, maximizing on Northcliffe's traditional publishing strength in the online environment. Northcliffe Press is one of the UK’s leading contract printers and has been an advocate of P2i’s Print-to-Internet services for some time. Northcliffe Newspapers Group is one of the largest and most successful regional newspaper publishers in the UK. Established in 1928, NNG is a wholly owned subsidiary of the Daily Mail & General Trust, publishers of one of the UK’s legendary daily papers, the Daily Mail. According to sources, NNG (www.nng.co.uk) prints more than 9 million newspaper impressions in an average week, and owns 106 regional titles across major UK towns and cities.
About P2i, Inc.
P2i is the leader in the conversion of previously created print advertising into interactive web products for newspaper, magazine and mail order/retail catalog advertising (visit www.p2ionline.com to learn more about the group). Clients include newspapers from the Gannett, Tribune and McClatchy Newspaper groups, and the retailers Avon, LL Bean and Neiman Marcus. The company is headquartered in Bethlehem, PA, has offices in New York and the UK, and a production facility in Malaysia.
About ProtoSource Corporation
ProtoSource Corporation, is committed to delivering outstanding service and support to its customers, community, employees and shareholders. ProtoSource Corporation offers complete Internet services to consumers, public agencies and businesses. Services include Web hosting, Web site development and electronic commerce. (www.psnw.com)
The statements contained in this Press Release contain certain forward-looking statements, including statements regarding ProtoSource's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to ProtoSource's management as at the date hereof and actual results may vary based upon future events, both within and without the control of ProtoSource's management.
BETHLEHEM, PA – May 20, 2003 – P2i Newspapers, soon to become publicly traded via its reverse merger into Protosource, announced today it has inked an agreement with Northcliffe Electronic Publishing (NEP) of London, England. P2i has been converting print content into web content for Northcliffe Press, the contract print arm of Northcliffe Newspaper Group (NNG), since the beginning of 2003.
“This agreement with NEP deepens the relationship and opens the door for dramatically more volume. Northcliffe Electronic Publishing is one of the most highly respected newspaper media businesses in Europe, and we are proud to have been chosen as a business partner”, stated Protosource CEO, Peter Wardle. “This helps solidify P2i Newspapers’ presence in the UK and gives us access to hundreds of potential customers across multiple verticals”.
Northcliffe Electronic Publishing (NEP) is the online arm of Northcliffe Newspapers Group (NNG). NEP works closely with the newspapers to deliver 17 local online portals, maximizing on Northcliffe's traditional publishing strength in the online environment. Northcliffe Press is one of the UK’s leading contract printers and has been an advocate of P2i’s Print-to-Internet services for some time. Northcliffe Newspapers Group is one of the largest and most successful regional newspaper publishers in the UK. Established in 1928, NNG is a wholly owned subsidiary of the Daily Mail & General Trust, publishers of one of the UK’s legendary daily papers, the Daily Mail. According to sources, NNG (www.nng.co.uk) prints more than 9 million newspaper impressions in an average week, and owns 106 regional titles across major UK towns and cities.
About P2i, Inc.
P2i is the leader in the conversion of previously created print advertising into interactive web products for newspaper, magazine and mail order/retail catalog advertising (visit www.p2ionline.com to learn more about the group). Clients include newspapers from the Gannett, Tribune and McClatchy Newspaper groups, and the retailers Avon, LL Bean and Neiman Marcus. The company is headquartered in Bethlehem, PA, has offices in New York and the UK, and a production facility in Malaysia.
About ProtoSource Corporation
ProtoSource Corporation, is committed to delivering outstanding service and support to its customers, community, employees and shareholders. ProtoSource Corporation offers complete Internet services to consumers, public agencies and businesses. Services include Web hosting, Web site development and electronic commerce. (www.psnw.com)
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The statements contained in this Press Release contain certain forward-looking statements, including statements regarding ProtoSource's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to ProtoSource's management as at the date hereof and actual results may vary based upon future events, both within and without the control of ProtoSource's management.
