GLXY exploded to 10+ last time
(COMTEX) B: Galaxy Enterprises, Inc. Joins Amazon.com Associates Prog
B: Galaxy Enterprises, Inc. Joins Amazon.com Associates Program
OREM, Utah, Jul 15, 1999 (BUSINESS WIRE via COMTEX) -- Galaxy
Enterprises, Inc. (OTC Bulletin Board:GLXY - news) announced it has
made significant steps in a concentrated effort to increase its revenue
potential from proprietary E-commerce solutions.
Galaxy recently joined Yahoo (Nasdaq:YHOO - news), AOL (NYSE: AOL -
news), Microsoft Network, Excite, Motley Fool, and other high traffic
Internet sites by participating as a member of the Amazon.com
(Nasdaq:AMZN - news) Associates Program. The Amazon.com Associates
Program is the leading selling program on the Internet, with more than
260,000 members.
Galaxy has dedicated itself to providing positive revenue streams from
its core high traffic e-commerce sites. Galaxy's Internet mall
(http://www.galaxymall.com) has more than 2,200 merchants receiving
millions of hits a month. MatchSite.com (http://www.matchsite.com),
Galaxy's revolutionary search engine simultaneously queries ten major
search engines on the Web, which include Alta Vista, Excite, HotBot,
Infoseek (Nasdaq:SEEK - news), Lycos (Nasdaq:LCOS - news), Magellan,
NorthernLight, Snap, WebCrawler, and Yahoo!, thus eliminating theneed
for multiple queries.
Galaxy has proven itself to be one of the leaders in the emerging
high-tech world dominated by the Internet. Audited financial reports
posted with the SEC reveal that annual revenues increased at a rate of
358% in 1998 from 1997, with 1998 revenues totaling $11,448,392.
John J. Poelman, Chairman of the Board and Chief Executive Officer of
Galaxy Enterprises, Inc. reiterated the role Galaxy is playing in the
e-commerce world of today. Poelman stated, "Galaxy is the true
e-solutions provider for Internet based businesses. Our thousands of
electronic storefronts, millions of monthly hits, and revolutionary
broad based search engine, MatchSite.com, allows us to provide a level
of service critical for Internet marketing success today. Positioning
MatchSite.com as part of the Amazon.com Associates Program will only
help propel Galaxy forward to becoming one ofthe Internet's fastest
growing and best valued companies."
About Galaxy
Galaxy Enterprises is an e-solutions provider, trainer and
facilitator of Internet-based businesses. Galaxy also owns and operates
Galaxy Mall (http://www.galaxymall.com), and the search engine
MatchSite.com (http://www.matchsite.com), and Impact Media -- provider
of Custom Cut CD's.
Certain of the above statements may be forward-looking statements that
involve risks and uncertainties. In such statements, actual results
could differ materially as a result of a variety of factors, including
competitive developments and risk factors listed from time to time to
time in the company's SEC reports.
Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Galaxy Enterprises, Inc.
Daren Baird, 801/227-0004 ext. 3317
daren@galaxymall.com
WEB PAGE: businesswire.com
GEOGRAPHY: UTAH
INDUSTRY CODE: COMPUTERS/ELECTRONICS
COMED
INTERACTIVE/MULTIMEDIA/INTERNET
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