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Technology Stocks : QSSY Q-Seven Systems

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To: Trade4$ who wrote ()6/22/1999 9:48:00 AM
From: Trade4$  Read Replies (1) of 55
 
Hot off the press:
Q-Seven Systems Inc. Announces a 257% Increase in Sales

BusinessWire, Tuesday, June 22, 1999 at 09:36

MONHEIM, Germany--(BUSINESS WIRE)--June 22, 1999--Q-Seven Systems
Inc. (OTC BB:QSSY)(www.q-seven.com) Tuesday announced the company's
sites have experienced a 257% average increase in sales from the year
prior.
Certain sites grew by over 400%!
X-Real Intertainment Inc., a wholly owned subsidiary of Q-Seven
Systems Inc., had average sales of approximately $28,000 per month in
1998. In the first 5 months of 1999, sales have averaged approximately
$72,000 - a 257% increase from the year before. Certain sites have
grown over 400%.
During the first week of June 1999, a new Webmaster Affiliate
Program was initiated that has increased the rate at which members are
joining the sites dramatically. In the past few weeks, since the new
program was begun, this rate has nearly doubled.
These sales increases are not reflected in the sales figures
mentioned above. Management believes memberships and sales will
continue to grow in the coming months.
Philipp Kriependorf, president of Q-Seven Systems, today said
that, "The Webmaster Affiliate Program of Q-Seven Systems has exceeded
our highest expectations.
"The manner in which the new program has been presented by X-Real
is totally new to the German market and we believe that we are capable
of repeating the successes of the larger American Affiliate Programs
like the ones initiated by Amazon.com: NASDAQ:AMZN. We expect sales to
grow much more with our new marketing approach."
Q-Sevens User Management Software can be used to run various
kinds of Internet businesses. However, the company focuses on the
fastest growing and most lucrative industries on the net: online
gambling, online shopping and adult entertainment. It competes with
companies such as: Starnet Communications: OTC BB:SNMM; GIC Global
Entertainment Corp: OTC BB:GNCC; and Ranes Holdings: OTC BB:RIHI.
The management of Q-Seven cautions readers not to place undue
reliance on "forward-looking statements," such as "plans to," "is
expected to," etc. which speak only as of the date made, when used in
this press release, in filings with the SEC, in other public or
stockholder communications, or in oral statements made with the
approval of an authorized executive officer of the company.
Such statements are based on certain assumptions and expectations
which may or may not actually occur and which involve various risks
and uncertainties.
Source: Q-Seven Systems Inc.
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