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Technology Stocks : UBUY - Auctionanything.com

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To: MarcG who wrote (56)5/28/1999 2:46:00 PM
From: FZupan  Read Replies (1) of 68
 
Stogiesauction.com Goes Live

Business Wire - May 28, 1999 13:51

BOCA RATON, Fla.--(BUSINESS WIRE)--May 28, 1999--International Internet Inc.(OTC BB:ININ) International Internet announced today that it has launched its first online cigar auction site, stogiesauction.com. The joint venture between International Internet and AuctionAnything.com, Inc. (OTC BB:UBUY), is located at stogiesauction.com.

The site offers users both company-to-person as well as person-to-person trading platforms. The site allows Stogiesonline.com, as well as independent sellers, a vehicle for listing items for
bid. Users can browse for items arranged by topic and bid through an automated easy-to-use online service. Additionally, the site offers Stogiesonline.com members the ability to bid on popular cigars, rare cigars and other hard-to-find cigar- related items. Other site features include a classified section and a notify section where buyers will be e-mailed when items they are seeking become available for bid. Unlike most auction sites, which may be difficult to use, Stogiesauction.com was designed to be user friendly.

Stogiesauction.com will be in competition with other online Internet auction sites that auction cigar products such as eBay (Nasdaq:EBAY), Excite auctions (Nasdaq:XCIT), Yahoo auctions (Nasdaq:YHOO) and Amazon auctions (Nasdaq:AMZN).

AuctionAnything.com, Inc. presently runs its SportsAuction (www.sportsauction.com) website and is developing other complementary auction sites designed around specific "micro-community" themes. AuctionAnything.com, Inc. plans to continue to enhance and
improve its SportsAuction division while leveraging its existing customer database to expand the entire range of AuctionAnything.com services.

International Internet, Inc. develops and operates Internet and direct retail marketing companies as well as venture funds focused on the Internet. The Company's development strategy promotes opportunities for synergistic business relationships among the Internet companies within its portfolio. This portfolio includes majority-owned subsidiaries:
StogiesOnline.com,Inc., (www.stogiesonline.com), Webhumidor.com, Inc.(www.webhumidor.com), GoldOnline.com, Inc. (www.goldonline.com) and Mr. Cigar, Inc. which operates a line of fully automated vending humidors. International Internet also directly
holds a minority investment in Wowstores.com, Inc. (OTC BB:WOWS)
(www.wowstores.com), an online shopping directory.

Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material was prepared and disseminated by The Hawke Group, Inc. "Hawke") for the Company discussed herein, based upon Company supplied information or other sources believed to be reliable. The information is not guaranteed by Hawke for accuracy or to be all
inclusive. This material is information only and is not an offer or solicitation to buy or sell the securities. Hawke, its affiliates, and/or its officers, directors and employees may from time to time have a position in these securities. The Hawke Group has been compensated by the Company.
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