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TORONTO — PSINet Ltd. has announced that it plans further expansion into Quebec with the acquisition of Mlink Inc., a privately held commercial Internet provider based in Montreal.

The acquisition will provide Mlink's business customers with access to the global PSINet network, increasing its reach and scope of services.

Also through the acquisition, PSINet gained new DSL technologies that can be rolled out to businesses in Montreal.

Mlink's Montreal office will become the Quebec headquarters for PSINet.

SAN JOSE, Calif. — According to a University of Texas study released by Cisco Systems Inc., the Internet economy grew 68 per cent from the first quarter of 1998 to the first quarter of 1999, pumping an estimated $US507 billion into the U.S. economy and employing 2.3 million people.

The study also found that the Internet economy generates more annual revenue than the telecommunication and airline industries.

More than one-third of the 3,400 businesses surveyed for the study did not exist before 1996. Those same businesses now employ 305,000 people.

The complete results of the study, which was performed by the Centre for Research in Electronic Commerce at the University of Texas's Graduate School of Business, can be found at www.InternetIndicators.com.

SAN FRANCISCO — If people love free Web-based e-mail, they'll love free Web-based voicemail also, right?

Well, that's the reasoning behind eVoice, a company that offers a free home answering service that allows access to voicemail over the phone or the Internet.

Subscribers can check messages at the company's Web site, or have them automatically forwarded to an e-mail address as sound files. They can also check messages by phone.

While receiving messages over the Web or through their e-mail, customers will see a regular Web banner ad. When retrieving messages over the phone, subscribers will hear an ad before reviewing messages.

The service will compete with voicemail services sold to consumers by phone companies at a cost of about a $100 a year, according to eVoice.

— Compiled by Owen Ferguson

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