Townpagesnet Com PLC – ‘6-K’ for 7/31/99 – EX-99.1

On:  Thursday, 1/27/00   ·   For:  7/31/99   ·   Accession #:  911420-0-23   ·   File #:  1-14957

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Report of a Foreign Private Issuer   —   Form 6-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 6-K         Report of Foreign Private Issuer                       5     15K 
 2: EX-4.1      Agreement for the Acquisition of Morbria Limited      50    149K 
 3: EX-99.1     Press Release                                          2     11K 

EX-99.1   —   Press Release

EX-99.1
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NEWS            from          H. L. LANZET, INC.              

                  12 Hull Street
                       Oceanside, NY 11572
                                    (212) 687-0061 o  (516) 763-1668
                                        Fax: (212) 687-5804 o (516) 763-1626

============================================================================    
FOR IMMEDIATE RELEASE                                                           

                                                                [Download Table]


                                                                              
CONTACT:  A. Lyndon-Skeggs    Tim Johnson         Herbert Lanzet/DeeDee Lanzet
          TownPages           Countrywide         H.L. Lanzet, Inc            
          011-44 1420 543468  011-44 1295 224400  212-687-0061                
                                                  LANZET@AOL.COM              

TOWNPAGES (TPN)  BUYS INTERNET DESIGN COMPANY MORBRIA LIMITED FOR $5.25         
MILLION                                                                         

ALTON, England, October 1, 1999---TownPagesNet.com plc [AMEX:TPN], the company  
which is working to bring on-line information facilities to every major town and
city in the UK, has acquired Manchester-based Morbria Limited for approximately 
$5.25 million in TownPages common stock. The two companies had signed a letter  
of intent in early August.                                                      

Morbria's consolidated financial statements reflect revenues of US$3.56 million 
and a pre-tax profit of US$532,000 for the fiscal year ended March 31, 1999.    
Graphic Palette (www.graphicpalette.co.uk), one of its operating subsidiaries,  
specializes in the design of websites and advertising services, giving the      
company a natural fit with the TownPages concept.                               

"Morbria--and specifically Graphic Palette--will bring an additional boost to   
our website design facilities and Internet business services, " commented       
TownPages President Andrew Lyndon-Skeggs. "We believe that multimedia web design
services offered by experienced companies like Graphic Palette will command a   
substantial premium as Internet usage in the UK continues its exponential       
growth. Graphic Palette already has an impressive corporate client portfolio    
including Ericsson, Brother Computers and Alliance & Leicester."                

"With our combined resources," Lyndon-Skeggs added, "we will be a major player  
in this area in the UK market and ready to compete in that market with companies
such as US Web (www.usweb.com) and Razorfish (www.razorfish.com)."              

Morbria's Managing Director, Robert Dillon, said; "We are delighted to be       
joining forces with a leading player in the Internet market. We will use this   
opportunity to invest in the people we need to drive our business forward."     

TownPages(R) offers local and national information both through its Internet    
website (www.TownPages.co.uk) and its free-access on-line kiosks. The `Go Local'
section offers information on 1,300 UK towns and cities. The `Go National'      
section includes an ever expanding range of e-commerce-focused Web Channels on  
subjects such as Cars, Property                                                 

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TownPages                                                                 Page 2

and Recruitment. Over the next two years, TownPages will install 3,500          
free-access kiosks in every major town and city across the UK.                  

TownPagesNet.com plc owns Town Pages UK Ltd., which operates TownPages(R), an   
interactive service providing comprehensive, up-to-date, locally focused        
information about specific towns and cities in the United Kingdom in a          
graphically pleasing format. On 5 May 1999, the company consummated the initial 
public offering of its securities in the US for gross proceeds of $22,000,000.  

"Safe Harbor" statement under the Private Securities Litigation Reform Act of   
1995: This release contains forward-looking statements that are subject to risks
and uncertainties including, but not limited to, the impact of competitive      
products and pricing, product demand and market acceptance, reliance on key     
strategic alliances, fluctuations in operating results and other risks detailed 
from time to time in the Company's filings with the Securities and Exchange     
Commission.                                                                     

TownPages(R)' website can be found at www.TownPages.co.uk                       
For further press information, please contact: Tim Johnson/ Ian Taylor,         
Countrywide Porter Novelli, Tel: 01295 224400, Fax: 01295 224444                
E-mail: Tim-Johnson@cpn.co.uk                                                   

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘6-K’ Filing		Date		First		Last			Other Filings
Filed on:		1/27/00							6-K
		10/1/99		1
For Period End:		7/31/99
		3/31/99		1
									List all Filings