news on WTHL from RB
BSNS WIRE) Whitehall Enterprises' Announces Portal Agreement With ComCity'
Whitehall Enterprises' Announces Portal Agreement With ComCity's Mortgage
LoanPage.com
Business Editors
MIAMI--(BUSINESS WIRE)--July 6, 2000--Whitehall Enterprises, Inc.
(OTCBB:WTHL) today announced that its wholly-owned subsidiary,
Alternative Lending Group, Inc. (ALG), has entered a portal agreement
with ComCity's Mortgage LoanPage.com. Under the terms of the
agreement, LoanPage drives Internet traffic to ALG's Web site at
www.alternativelending.com, where customers can apply for mortgage
loans 24 hours a day via the Internet.
"Our agreement with ComCity's Mortgage LoanPage provides unlimited
exposure for Alternative Lending Group throughout the mortgage
marketplace," said Whitehall President and Chief Executive Officer
Luis Alvarez. "ComCity receives about 700,000 hits per month and
represents a tremendous opportunity to promote ALG's unique services,"
Alvarez added.
"We have been receiving numerous hits from the LoanPage site
because we advertise extensively with them," said ALG Chief Executive
Officer R. Jeffrey Mertz Jr. "As one of the top consumer sites for
mortgage information, they give us great exposure."
About ComCity's Mortgage LoanPage
The Mortgage LoanPage is located on the Internet via
www.LoanPage.com, where it operates the largest International database
and directory of mortgage professionals on the Internet. The Web site
provides a one-stop shop for real estate finance and loan shopping for
commercial, residential, agricultural or any other purpose. LoanPage
is produced, hosted, and a wholly owned subsidiary of ComCity
(www.comcity.com), an Internet Presence Provider (IPP) which was
established in 1995 to provide companies and businesses with a
one-stop shop for presence on the World Wide Web. ComCity provides
cost efficient Internet solutions for small companies to large
corporations.
ComCity(R) is a registered trademark. The Mortgage Loan Page is a
trademark of ComCity.
About Whitehall
Whitehall Enterprises Inc. (OTCBB: WTHL) is a growth oriented
holding company targeting business acquisitions, which will contribute
a diversified asset base for the company. Whitehall Enterprises'
current business activities include marketing hair growth promotion
and hair loss prevention technologies, and e-commerce mortgage
banking.
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. Certain information
included in this news release (as well as information included in oral
statements or other written statements made or to be made by Whitehall
Enterprises, Inc.) contains statements that are forward-looking, such
as statements related to consummation of the transaction, anticipated
future revenues of the companies and success of current product
offerings. Such forward-looking information involves important risks
and uncertainties that could significantly affect anticipated results
in the future and accordingly, such results may differ materially from
those expressed in any forward-looking statements made by or on behalf
of Whitehall Enterprises. For a description of additional risks and
uncertainties, please refer to Whitehall Enterprises, Inc.'s filings
with the Securities and Exchange Commission, including Forms 10K and
10-Q.
--30--nmb/mi*
CONTACT: Investor Relations Services Inc., New Smyrna Beach, FL
Tom Biggs, 904/409-0200
KEYWORD: FLORIDA
INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING E-COMMERCE
BANKING MEDICAL DEVICES
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