Tuesday July 20, 8:29 am Eastern Time
Company Press Release
COSMOZ.com, Inc. Today Announced That It has Purchased
the Remaining 51% Interest of Mbmagic
SAN FRANCISCO--(BUSINESS WIRE)--July 20, 1999--COSMOZ.com, Inc. (OTC BB:CMOZ -
news) today announced that it has purchased the remaining 51% interest of Mbmagic (http://mbmagic.com), a message board
community solutions provider.
MBMagic has achieved specific site development goals as well as specific traffic level goals to warrant the acquisition of the
remaining interest in the company.
MBMagic has recently added features that enable individuals to both create their own message boards as well as gain a variety of
control over the board they moderate. Webmasters have at their disposal a web headquarters (WebHQ(TM)) for their individual
board.
The WebHQ allows the webmasters to fully customize the look and feel of their message boards. Webmasters can include additional
HTML code to the message boards, use cascading style sheets and schedule advertising banners. Webmasters can also control
access to the board through a variety of controls. Most importantly, affiliate websites benefit from being profiled and promoted by
MBmagic.
Cosmoz.com recognizes that several investment forum services have message boards on the same stocks, but investors generally go
to the most active message boards first, such as SiliconInvestor.com which is owned by Go2Net (Nasdaq:GNET - news) and
RagingBull.com which is partly owned by CMGI Inc., (Nasdaq:CMGI - news). One of the Company's strategies is to use
MBmagic's turnkey solution to pool the message board traffic from hundreds of financial websites into the same stock forums
thereby creating the Largest Online Investment Message Board Service.
MBmagic is presently hiring additional staff to manage the website and to promote its affiliate program in addition to developing a
web-based chat service in Java.
About Cosmoz.com
Cosmoz.com (http://www.cosmoz.com), is actively acquiring Web sites to become a leading Diversified Portal and Internet Venture
Capital Company similar to Yahoo! (Nasdaq:YHOO - news), Go2Net, CMGI (Nasdaq:CMGI - news), Lycos (Nasdaq:LCOS -
news), AltaVista (Nasdaq:CPQ - news), Excite (Nasdaq:XCIT - news) and Netscape Netcenter (NYSE:AOL - news), with the goal
of developing and marketing the Cosmoz Network of Web sites.
Cosmoz.com Portal provides all the content, functioning and ease of navigation users expect from major Internet Portals along with
Free Email, Personalization of the site and Real Time data that will be offered in the future.
Cosmoz.com's mission is to become a recognized leader in the acquisition, development and investment of profitable, high profile,
high traffic, niche market -- Internet related and web-based technology businesses. Cosmoz.com's goal is to become a major force in
the Internet industry and is dedicated to the acquisition and development of up to 20 Web sites by the year 2000.
Cosmoz's latest development is MonsterQuote.com, an online financial Web site that offers investors a wide range of investment
tools such as market data, stock quotes, portfolio monitoring, news, financial analysis, investment research, charts and a unique
feature called the ''happy meter'' which gives investors an overview of how their stocks are doing without having to view the actual
numbers.
Also, Cosmoz has recently signed a binding agreement to acquire StreetIQ.com, a leading Internet women's financial Web site.
Furthermore, negotiations with several acquisition candidates and investment opportunities are ongoing.
''We are aggressively continuing to acquire and develop more Web sites that will compliment and add value to Cosmoz.com's
Network of Web sites,'' said Wilfred Shaw, Chairman and CEO.
For more corporate information or how to sell your Web site please visit us at (http://www.cosmoz.com).
Certain information and statements included in this release constitute ''forward-looking statements'' within the meaning of the Federal
Private Securities Litigation reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties
and other factors which may cause the results, performance, or achievements of the company to be materially different from any
future results, performance, or achievements expressed or implied in such forward-looking statements.
Contact:
LD Communications, Inc. (for Cosmoz.com)
Bill Tunnell, 623/825-2550
tunnellaz@aol.com
or
Hampton-Porter Investment Bankers
Michael Losse, 800/545-3345
mlosse@hpib.com
or
Compass Point Group, Inc.
Glenn Bartolini, 619/525-0800
gb@compasspointgroup.com |
