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Technology Stocks : Golden Fortune Investments Ltd (Gfx-Ase) Y2kit

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To: Investman who wrote (7)3/23/1999 10:54:00 AM
From: Investman   of 17
 

I have been following this company just recently and just ordered my Y2Kit. I contacted the company the other day and they tell me that a distribution blitz on the Y2Kit in North America will soon be in full swing. I have attached the latest news release. I will keep my eyes and hears peeled for any more information.

GOLDEN
FORTUNE
INVESTMENTS
ASE: GFX LIMITED

GOLDEN FORTUNE ENTERS JOINT VENTURE MARKETING
INITIATIVE WITH SKF MILLENNIUM
Company in USA Marketing Launch for Y2Kit

Tuesday March 16,1999 Mr. James Tong, President of Golden Fortune Investments Limited (ASE:GFX) is pleased to announce an agreement with SKF Millennium Sales Inc. to support its comprehensive marketing program involving wide spread media coverage into mainstream USA.

Golden Fortune will realize a royalty of $1.00 Cdn. for every kit sold as a result of this campaign as consideration for its joint venture to the marketing budget. SKF has retained a Los Angeles based Consulting Service to introduce the Y2Kit to the US as the premiere tool to help solve in-home compliance problems.

According to Mr. Tong, this joint venture to establish the Y2Kit's presence in the US naturally complements Golden Fortune's efforts to market its Chinese Language version of the kit.

SKF has been beta testing its "home readiness marketing strategy" in the Canadian marketplace through local market media appearances on both Radio and Television. A recent advertisement of the Y2Kit resulted in 680 orders in an eight hour period after a Saturday morning local AM Radio spot. Simultaneously an"identify the web-site contest" resulted in 1200 hits before the show had finished airing.

Press coverage and advertising has resulted in significant traffic to the website as well, with one small Ad in a US National publication pulling 5200 hits in a three hour period. The company has now completed fine-tuning the infrastructure of its operations fulfillment center, setting-up a national 1-800 service and establishing the electronic commerce network for its website.

The Y2kit is a home preparation package that arms the homeowner with a printed report and plan of action in 42 specific areas of potential home compliance issues with programmable electronic equipment. The kit also contains the PC2000 hardware/software diagnostic program that checks computer compliance issues and generates a detailed remedy report.

For information regarding Golden Fortune Investments Limited and its on-going corporate direction.
Please call toll Free: 1-877-688-2623 E-mail: goldfort@aol.com Website: www.gfil.com

On behalf of the Board of Directors,

James Tong, President
Golden Fortune Investments Limited

Golden Fortune Investments Limited #298-1199 W. Pender St. Vancouver, BC V6E 2R1

The Alberta Stock Exchange has neither approved nor disapproved of the contents of this news release

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