MGCN news out today - their software is "on schedule and under budget."
Tuesday July 20, 9:59 am Eastern Time
Company Press Release
MegaChain.com's Exponential Marketing Incentive
Program Ready To Go Live
VANCOUVER, B.C.--(BUSINESS WIRE)--July 20, 1999--Tom Lavin, president of MegaChain.com Ltd., announced
today that the Company has successfully completed the off-line beta testing of all first release modules comprising its Internet
e-commerce software.
''Our software development partners, Radiate Software of San Francisco, California, have given all MegaChain program
modules a rigorous workout and are fully satisfied that the core functionality is ready for early integration into the MegaChain
web site. We are on schedule, under budget and primed to turn our concept into reality''
'' 'Agent' and Vendor' sign-up and 'Customer List' input are available on the MegaChain web site as of today for those many
individuals who have already expressed eagerness to participate. Additional functionality will follow rapidly over the next few
weeks including automatic sign-up confirmation, transparent agent referral coding, mail merge and anti-spam filters and the
ability for Agents and Vendors to view both the commissions and the exact results of their advertising efforts.''
''We feel that MegaChain.com is entering a very exciting period in its growth as a company. The MegaChain concept of
incentive driven, result based, multi-level, permission e-mail is unique in the marketplace. The stunning and overnight success of
such Internet consumer incentive companies as Alladvantage.com have proven that the public has both the necessary computer
skills and the desire to regard the world of e-commerce as a place to both spend and make money. With the core functionality
of our program now in place we can begin to spread the word in earnest.''
MegaChain.com conducts its business internationally via the Internet. The Company's corporate offices are located at 34 West
8th Avenue, Vancouver, British Columbia, Canada V5Y 1M7, telephone 604 873-3847, fax 604 873-4295.
MegaChain.com is traded on the OTC Electronic Bulletin Board under the symbol ''MGCN''.
Cautionary Statement Under 'Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995: Statements
made in this fact sheet contain information about the Company's future business prospects. These statements may be
considered ''forward looking'' and are subject to risks and uncertainties that could cause actual results to differ materially from
those set forth or implied by such forward looking statements.
Contact:
MegaChain.com, Ltd.
Tom Lavin, 604/873-3847
email; tlavin@megachain.com
Web Site: www.megachain.com |
