TMRT in the news:
( BW)(CA-2THEMART.COM)(TMRT) 2TheMart.com Launches Its New Web Site Providing a Sales Channel For Both Major Vendors And Small Companies
Business Editors and High-Tech Writers
IRVINE, Calif.--(BUSINESS WIRE)--Nov. 22, 1999--2TheMart.com Inc. (the "Company"), Monday announced that it has launched its new Web site to take online shopping to the next level with its open e-marketplace that is interactive, content rich and unique in its e-commerce offering joining traditional retail product merchandising in two purchasing formats -- fixed price through 2TheMart's BidOnce(TM) feature and auction.
The site brings together brand name products and unique items from both major vendors and small companies to offer a variety of products and great value to the company's shoppers. Combine all this shopping action with entertaining content and interactive fun, and the result is a Web site customers will want to return to again and again.
The 2TheMart.com site provides its major vendors and small companies, called "Merchant Partners," with a variety of tools to manage the business that they conduct on the site. Merchant Partners will be provided with the ability to utilize 2TheMart.com's integrated Enterprise Resource Planning system, enabling Merchant Partners to view online reports and integrate warehousing and distribution methodologies. In addition, Merchant Partners have the ability to load large quantities of products with ease through the use of 2TheMart.com's sMart Lister(TM) product listing tool.
The 2TheMart.com site will allow its customers the opportunity to chat, participate in exclusive auctions and even submit their opinions throughout the site. All these activities, our special events, money-saving offers and excellent customer service with live chat make 2TheMart the next evolution in online shopping. By investing in scalable, leading technology, 2TheMart.com has created an unsurpassed e-commerce experience.
"During this initial debut of the site, 2TheMart.com will be uploading the thousands of products onto the site that the company's Merchant Partners have agreed to sell on the site. We will also be using this time to fine tune the extensive e-commerce infrastructure that we have developed, while we continue to add unique features to our site that will enrich the consumer buying experience and benefit our vendors," said Dominic J. Magliarditi, President of 2TheMart.com.
Certain information and statements included in this release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements.
2TheMart.com is an Internet e-commerce company founded in December 1998.
--30--KM/np* EZ/np
CONTACT: 2TheMart.com Inc., Irvine
Investor Relations, 949/477-1200 Ext. 1552 |
