TO ALL INVESTORS: Here is the news!
Date:
Tue, 04 Aug 1998 13:57:51 -0700
From:
Sheldon <termin8r@uniserve.com>
To:
bramirez@austin360.com
INTERACTIVE PROCESSING, INC. RECEIVES PURCHASE ORDER FROM SPENCER GIFTS AND SIGNS
AGREEMENT FOR PURCHASE ORDER FINANCING
LAS VEGAS, NV Aug 4, 1998/ Businesswire/ - Interactive Processing, Inc. (OTC
Bulletin Board: IAPI ) Announced today it has received a Purchase Order from
Spencer Gifts and signs an agreement with First Vancouver Finance for purchase
order financing. Interactive Processing also announces a feature write up in Maxim
Magazine for the September 1998 issue.
IAPI has received a purchase order for a container of TV Terminator remote controls
from Spencer Gifts a national retail chain owned by Universal Studios with over 500
stores in the United States and Canada.
IAPI signs an agreement with First Vancouver Finance a finance Company with over 20
years experience in the factoring business.
Maxim Magazine of New York has included a 1/3 page photo layout, which features in
the Circus Maximus section of their magazine. The feature includes the Football
Sport Remote, TV Terminator, and Hockey Puck Remote. The September issue should be
on the shelves in mid August.
Sheldon Silverman, CEO, says, "We have received our first purchase order from a
large recognized retail chain and this is a major step towards IAPIYs goal to sell
products worldwide." "The signing with First Vancouver Finance will secure further
sales and give the company leverage for further product development." "The feature
in Maxim Magazine is great for the CompanyYs exposure of the product line. Maxim
Magazine demographics being mainly male readers between 20 - 40 years old, will
generate direct sales and will bring new investors to IAPI."
IAPI manufactures and sells interactive universal remote controls directed towards
sports enthusiasts. IAPIYs universal remote controls are also being aimed at the
premium market for additional advertising for large Corporations. IAPI has met with
and shown the Football Sport Remote to several large Corporations for premium
purchase orders. IAPI has already received purchase orders from Anhueser
Busch,"Budweiser".
08-04-98 / Contact: Sheldon Silverman, 800-522-6888 or 604-606-8080 of Interactive
Processing, Inc.
Web site: remotecontrols.com ( IAPI )
E mail: termin8r@uniserve.com |
