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Technology Stocks : ICGI. Icommerce Group.. Internet holding company

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To: judge who wrote (4)6/30/1999 6:21:00 PM
From: Fact4   of 8
 
iCommerce Group Launches Traffic Building Ad Campaign
Ads to Appear on Leading Web Sites, Including Yahoo, LinkExchange, Metacrawler, Go2Net and Silicon Investor
KNOXVILLE, Tenn.--(BUSINESS WIRE)--June 30, 1999--iCommerce Group, Inc. (OTC BB:ICGI - news) today reported that it has launched a traffic building advertising campaign for its various Internet e-commerce sites, including its newest Internet property, MusicInStock.com (www.MusicInStock.com), the Company's recently launched 247mall (www.247mall.com), and SJI Tobacco (www.sjitobacco.com), its premium cigar and tobacco site.

The advertising campaign will ultimately include its soon-to-be launched reverse auction site, CutThePrice.com (www.CutThePrice.com).

The advertising program commenced on June 24, 1999, with the first advertisements appearing on various sites throughout the Go2Net Network. Among Go2Net sites that iCommerce Group will utilize are Metacrawler (www.metacrawler.com), 100Hot.com (www.100Hot.com), StockSite.com (www.stocksite.com ),Go2Net (www.go2net.com), Silicon Investor (www.siliconinvestor.com), and Haggle.com (www.haggle.com ). In addition, advertising on LinkExchange (www.linkexchange.com), Thomson Investor (www.thomsoninvest.net) and Yahoo (www.yahoo.com)are expected to begin on or about July 1, 1999.

''We expect this new program,'' commented JD Jenkins, Chairman and CEO of iCommerce Group, ''to help boost traffic throughout our growing family of e-commerce sites. We are also in discussions with various other widely-visited sites with an eye on broadening the scope of our ad campaign. Further, we plan to explore various other advertising and promotional activities, including opportunities in print and broadcast media.''

iCommerce Group, Inc. is a sales and marketing organization that specializes in the development and operation of Internet sites. Among the sites and developments, the Company has been recognized as the first to operate a commercial Web site devoted exclusively to the sale of premium cigars, pipes accessories (www.sjitobacco.com).

This site has generated millions of dollars in sales since it began operating.

iCommerce Group is currently developing a reverse auction site with the nationally distributed magazine WEBBOUND. The site, www.CutThePrice.com is scheduled for release during the third quarter of 1999. For more information regarding iCommerce Group, Inc., its products and services, please visit the Company's corporate web site at www.i-cgi.com .

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.
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