DALLAS, July 11, 2005 (PRIMEZONE) -- Today, TalkingStocks.com issued a Profile Report on MidNet, Inc. (OTCBB:MIDX). The report discusses MidNet's technology, their competitive advantages in the market and how they provide benefits over virtual private networks or VPNs. The report is authored by Talking Stocks Senior Investment Analyst Shailesh Dhuri, CFA.
In the report, Mr. Dhuri concludes, "MidNet is developing a strong business model with significant potential barriers to entry. The timely execution of the MidNet's business plan is the most critical factor for its success. The company shows every indication that it is doing quite well in this process. As the technology leadership is often not enough to establish a winning product or brand, MidNet must successfully market its technology and create a strong brand image in order to compete in its market. This process is well underway. MidNet is proving itself a real leader in the industry as indicated by its lead generation and potential sales pipeline within the entertainment and oil & gas industries. These have been greatly enhanced in the last couple of months. The company is taking strides to seize the first mover advantage. This should establish MidNet as a top contender as this technology gains more and more acceptance."
To view the full report, please visit: http://talkingstocks.com/reports/MIDX_071105.php
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About MidNet, Inc.
MidNet is the creator, owner, and operator of The Middle Network(tm), a commercial complement to the Internet. The Middle Network provides high-speed, high-capacity private digital connectivity to companies and individuals who wish to create, manage, and distribute valuable intellectual properties.
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This press release contains statements relating to future results of MidNet, Inc. (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; changes in product mix; product obsolescence; the availability of manufacturing capacity; fluctuations in manufacturing yields; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the uncertainties of litigation; our ability to attract and retain qualified personnel; as well as other risks and uncertainties, including those detailed from time to time in MidNet's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Disclosure: TalkingStocks.com LLC and Pentony Enterprises LLC (StockGuru.com) affiliates have been compensated $3,500 this report. Neither TalkingStocks.com, LLC, nor Pentony Enterprises, LLC or their affiliates, are registered investment advisers or broker/dealers. TalkingStocks.com, LLC and Pentony Enterprises, LLC makes no recommendation that the purchase of securities of companies profiled in this Web site is suitable or advisable for any person or that an investment such securities will be profitable.