Exhibit 99.1
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NEWS FROM H.L. LANZET, INC.
12 Hull Street
Oceanside, NY 11572
(212) 687-0061 (516) 763-1668
Fax: (212) 687-5804 (516) 763-1626
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FOR IMMEIDATE RELEASE
CONTACT: Robert Bradshaw, CEO Herbert Lanzet/DeeDee Lanzet
Richard Walker, CFO H.L. Lanzet, Inc.
011-44 1420 543468 212-687-0061
ROBERT BRADSHAW CONFIRMED AS CEO OF TOWNPAGESNET.COM PLC
BRADSHAW & CFO RICHARD WALKER WILL ALSO SERVE AS DIRECTORS ON
TOWNPAGES' FOUR PRINCIPAL SUBSIDIARIES
ALTON, England - June 21, 2000 - TownPagesNet.com plc (AMEX; TPN), which
provides Internet, new media and advertising related services to both businesses
and consumers through its subsidiaries, today confirmed the appointment of
Robert Bradshaw as Chief Executive Officer. He had joined the company as interim
CEO in late April 2000.
Robert Bradshaw, a chartered accountant, was a partner with Pricewaterhouse
Coopers for almost 30 years. In that time he had responsibility for advising a
number of diverse publicly owned companies, including high technology entities.
He also provided corporate finance advice, audit and advisory services to
clients. Since April 1999, Mr. Bradshaw has held a number of directorships in
both an executive and non-executive capacity and is a member of the Global
Advisory Board of ci4net.com inc.
Bradshaw and Chief Financial Officer Richard Walker, also a chartered
accountant, are being appointed to the Boards of TownPagesNet.com plc's
principal UK subsidiaries, Buyers Guide, Ltd, Morbria Ltd, Town Pages UK Ltd and
WWW.CO.UK. Designed to strengthen the Boards of these UK subsidiaries, the
appointments will ensure both the best possible use of Group resources and
consistency of controls within the TownPagesNet.com group of companies.
TownPagesNet.com plc also announced the resignation of Nigel Talbot Ponsonby,
a non-executive director from the Board. Mr. Talbot Ponsonby has stepped
down due to his other commercial and personal commitments.
"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.
