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Gold/Mining/Energy : Golden Fortune Investments Ltd (GFX-ASE) Y2Kit

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To: Tim Zuch who wrote ()3/22/1999 12:30:00 PM
From: Goldfort  Read Replies (1) of 3
 
GOLDEN FORTUNE ENTERS US MARKET WITH Y2Kit

Golden Fortune Enters Joint Venture Marketing Initiative With SKF Millennium Company Initiating US Marketing Launch for Y2Kit

Date: MARCH 16,1999
Company: GOLDEN FORTUNE INVESTMENTS LIMITED
Symbol: GFX
Exchange: ASE
Website: gfil.com
Email: info@gfil.com

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 CDN $1.00 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 further information regarding Golden Fortune Investments Limited and its on-going corporate direction, please call toll free, 1-877-688-2623, e-mail: info@gfil.com or visit our Website: gfil.com

On behalf of the Board of Directors,

James Tong,
President

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

Toll Free: 1-877-688-2623
Website: gfil.com
E-mail: info@gfil.com

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