GLOBAL BUSINESS INFORMATION DIRECTORY, INC. ACQUIRES FIRST EUROPEAN DATABASE
SEATTLE.WA - JULY 28, 1999 - Global Business Information Directory, Inc. ("Global") (OTCBB: GBDI) a global business directory providing business with an opportunity to market themselves worldwide on the Internet, today announced that it had acquired the first in a series of European Databases.
The new database from Germany houses approx 3.1 million companies. Global anticipates that these numbers will increase as other German companies, not included in the database, utilize Global's free registration system. Free registration can be accessed through Global's website at www.gbid.com. Each country database added to Global's directory will allow the sales and marketing team (Associate Partner) for that country or region to begin offering the revenue producing services such as Global's "Corporate Overview Pages", website hosting, website manufacturing and online advertising. Global expects such activity in Germany to begin early this fall.
"Our partnership with Germany data suppliers helps Global add a large new audience in our mission to become the world's Best Internet based Business to Business Community," says Stephen Carmichael President and CEO of Global. "This addition represents the first in a series of new global databases currently being acquired. Our desire is to ensure maximum exposure for all companies to new markets around the world. "Our mission" said Carmichael "is to become the largest and most profitable Business Directory on the Internet offering users and advertisers unlimited opportunities to facilitate and accomplish their respective objectives".
Global Business Information Directory, Inc is positioned as the first truly global geographic business-to-business directory on the Internet. Global differentiates itself from word based search engines by offering an industry and geographic based business directory through its website www.gbid.com. Its current database of more than 17 million companies has positioned Global as one of the largest free business directories on the Internet. Global offers a full line of services including website hosting, website construction and e-commerce solutions.
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This document may contain certain forward-looking information and statements concerning the Company's operations, performance and financial condition, including, in particular, the likelihood of the Company's success in developing and expanding its business. These statements are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements.
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