IFTP web site
infotopiainc.com
Here is some news from 8/1/2000:
(COMTEX) B: INFOTOPIA INC - To Assume Revenues of $1,000,000 Per Week
B: INFOTOPIA INC - To Assume Revenues of $1,000,000 Per Week; Torso Tiger to
Begin - Transition to Infotopia
New York, New York, Aug. 01, 2000 (Market News Publishing via COMTEX) --
Infotopia Inc. announced that it has met its primary contractual obligations to
begin the transition of the Torso Tiger infomercial to the Company. The Torso
Tiger has continued to produce between $800,000 to $1,000,000 in gross sales
revenue per week since February 18th, 2000. The Torso Tiger infomercial has been
rated as one of the top infomercials running during the past several months
according to Infomercial Monitoring, Inc. and Retailing.org Magazine.
Ernest Zavoral, Chief Operating Officer of Infotopia, stated, "With The Torso
Tiger now hitting record weeks of one million in revenue, it is a great time to
make this transition. The Torso Tiger infomercial has consistently been in the
top ten infomercials for the last few months. Infotopia should be able to report
on the earnings from this and other great products in the next few weeks. After
that we will keep our investors current on all of our revenues and television
timeslots on our website at infotopiainc.com."
The Torso Tiger management team has been preparing for the move into Infotopia
and are excited about the coming weeks. In June, when the agreement was
initially announced, Mark Levine, President of Torso Tiger Inc stated, "The
Torso Tiger's success is just beginning. In the fall we will launch the Torso
Tiger into retail, which will increase our ability to reach consumers far beyond
the infomercials. I believe the Torso Tiger will have a life span for many years
to come in retail and television. Our management team looks forward to
continuing the success of Torso Tiger for Infotopia. We encourage the
shareholders of IFTP to learn more about the Torso Tiger by visiting our website
at torsotiger.com" Now Mr. Levine adds, "Infotopia is making
arrangements to take ownership of our inventory and media. This should all be
completed by August 15th. When we have the inventory in place and the television
time slots confirmed we will announce to the public that the transition has been
completed."
About Infotopia: The Company's mission is to produce, market, and distribute an
expanding line of high-quality, innovative health, fitness and consumer
products. Infotopia seeks out products that deliver superior value, outstanding
quality, and competitive prices to best satisfy customer demand. The Company
markets its products to consumers through a variety marketing channels,
including infomercials, distributor alliances, and Internet e-commerce. The
management at Infotopia is committed to increasing corporate revenues and
profits.
This news release includes "forward-looking statements" that include risk and
uncertainties. The forward-looking statements in this release are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Actual results may differ materially due to a variety of factors,
including without limitation the Company's ability to produce and market
products and/or services and other risks detailed from time to time in their
Company's reports filed with the Securities Exchange Commission.
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TEL: (775) 327-6215 Matthew Westfield, Strategic Communications
TEL: (775) 327-6215 Matthew Westfield, Strategic Communication
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