Thursday April 29, 6:45 am Eastern Time
Company Press Release
CPU MicroMart, Inc. Changes Its Name to EBIZ Enterprises, Inc.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 29, 1999--CPU Micromart Inc. (OTC BB:EBIZ - news), A rapidly growing e-commerce company, today announced its name change to EBIZ Enterprises, Inc. (www.ebizmart.com). The change reflects the company's overall success and the popularity of thelinuxstore.com and ebizmart.com. Ebizmart.com was launched in January and already has over 2,000 products listed. New vendors are added daily, some of which include, Huffy Corporation, LaCie Ltd., Mobility Electronics, IXLA, Spidergear, QMS, Fellowes, Pioneer Standard, Computer Renaissance and extremetoys.com.
This name change follows the EBIZ theme and sets the beginning pace for the upcoming major re-launch of www.ebizmart.com, stated EBIZ CEO, Jeffrey Rassas.
About EBIZ Enterprises, Inc. (Publicly traded as ''EBIZ'')
EBIZ operates the leading Business-to-Business e-commerce Portal site, www.ebizmart.com. This site is dedicated and focused on facilitating all products and service needs for the business customer. These services will include e-commerce web design, web hosting, auction development and management, travel services, weather information, stock quotes, news feeds, phone directory, mapping, calendar services, and e-commerce search engine. The products listed on www.ebizmart.com range from computer hardware and software to office supplies all at wholesale pricing direct-to-the business buyer.
The company uses management and staff's merchant competency to source computer hardware and software and travel related products at below market prices. EBIZ provides distribution, customer support, technical support, and order fulfillment for these products and services.
The company has developed and operates www.cpumicromart.com, and www.thelinuxstore.com, which are part of the e-commerce business-to-business Portal site www.ebizmart.com.
EBIZ designs, manufactures and distributes the nationally recognized M2 Systems Line, (Windows based Internet-Ready Multimedia PC's) and Element-L System Line (Linux based Internet-Ready Multimedia PC's). These two System lines continue to redefine and lead the low cost pricing landscape. M2 Systems PC brand has been recognized by Microsoft as one of North America's top 100 System Builders out of 90,000. EBIZ distributes the M2 Systems and Element-L PC line and its other products through its' own e-commerce sites as well as other strategic e-commerce partners and third party Internet sites including egghead.com, dealdeal.com, sandbox.net, Yahoo.com and others.
Certain matters discussed within this press release may be forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are inherently uncertain, and actual results and activities may differ materially from those estimated or projected.
Although the company believes the expectations reflected in any forward looking statements are based upon reasonable assumptions, it can give no assurances that its expectations will be attained. The company has no obligation to update the statements contained in this report or to take action that is described herein or otherwise presently planned.
CPU MicroMart's office, factory and warehouse is located at 15685 N. Greenway Hayden Loop, Scottsdale, AZ 85260, 602/850-4100. Public & Investor Relations Fax 602/850-4111. Sales & general fax 602/850-4111. Investor relations information available at www.ebizmart.com, or e-mail to ir@cpumicromart.com.
Contact:
Capital Markets Consulting Group Charles Aker, 602/990-0116 csa@doitnow.com
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