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; (COMTEX) B: Jones Naughton Entertainment's Auctionomics.com Division
B: Jones Naughton Entertainment's Auctionomics.com Division Signs Marketing
Agreement with ClassifiedAuctions.com
LOS ANGELES, Sep 15, 1999 (BUSINESS WIRE) -- Jones Naughton
Entertainment, Inc. (OTC BB: JNNE), announced today the Company's
e-commerce auction subsidiary, Auctionomics.com, has reached an
exclusive marketing agreement with ClassifiedAuctions.com to build
traffic and online auction transactions.
Under the agreement, Auctionomics.com will create electronic awareness
and direct a stream of user traffic to the Auctionomics'
ClassifiedAuctions Web site and its online auction events.
Auctionomics.com's on-line bidding directory will give buyers the power
to research and locate specific assets being auctioned throughout the
U.S., many of which are not currently being offered for sale on the
Internet. Some of the unique product categories will include government
surplus, coins and rare books, estate items, industrial machinery and
equipment, rare and fine artwork and financial instruments, to name a
few.
Auctionomics.com will utilize Jones Naughton's GoOn-line.com's advanced
streaming audio and video technology to allow direct on-line bidding -
putting auctions, auctioneers and buyers in direct communication
throughout the world through its new Web site.
"The Internet has accelerated the need for sophisticated, comprehensive
and efficient marketing methods to support the auction process," says
Nathan A. Wolfstein IV, Auctionomics' Vice President of Marketing. "To
meet this need, Auctionomics' ClassifiedAuctions will feature advanced
digital graphics and streaming audio and video in an online auction
environment that presents and promotes product features.
ClassifiedAuctions.com is an online auction site that has built a
strong following in estate and government surplus sales and will
provide Auctionomics its operational auction platform."
Auctionomics.com and ClassifiedAuctions.com reached the agreement based
on mutual benefits and a shared auction business philosophy.
ClassifiedAuctions.com's functioning Web site reinforces the backbone
of the Auctionomics Web site, as the leading auction marketing and
sales infomediary network. The agreement will also provide great
exposure for the Auctionomics ClassifiedAuctions site, thereby building
user traffic and increasing profitability from online sales.
The two companies are headed by teams who embrace the tremendous power
of the Internet as a tool to further strategic marketing objectives.
Both companies believe that established conventional auction business
principles should be applied to the Internet and that the Internet
should be harnessed to maximize auction sales.
About Jones Naughton Entertainment, Inc.
Jones Naughton Entertainment, Inc. is an Internet technology concern
focused on combining traditional marketing methods with the latest
advancements in Internet technology. Through its GoOn-line Division,
Jones Naughton provides interactive Internet, advertising and media
buying services to a growing number of clients across the country.
GoOn-line has also begun installing Internet kiosks in various hotels
and is aggressively pursuing kiosk agreements with a number of national
hotel chains.
Jones Naughton's subsidiary, GoOn-line.com (a Chico, California- based
Internet company specializing in the production of streaming video
infomercials over the Internet) offers Internet products and services
to consumers via E-commerce solutions available on the World Wide Web.
GoOn-line.com has launched www.ShopGoOnline.com , a virtual shopping
mall Web site featuring a wide variety of products, some of which have
traditionally only been available from infomercial companies
(COMTEX) B: Jones Naughton Entertainment's Auctionomics.com Division
B: Jones Naughton Entertainment's Auctionomics.com Division Signs Marketing
Agreement with ClassifiedAuctions.com
LOS ANGELES, Sep 15, 1999 (BUSINESS WIRE) -- Jones Naughton
Entertainment, Inc. (OTC BB: JNNE), announced today the Company's
e-commerce auction subsidiary, Auctionomics.com, has reached an
exclusive marketing agreement with ClassifiedAuctions.com to build
traffic and online auction transactions.
Under the agreement, Auctionomics.com will create electronic awareness
and direct a stream of user traffic to the Auctionomics'
ClassifiedAuctions Web site and its online auction events.
Auctionomics.com's on-line bidding directory will give buyers the power
to research and locate specific assets being auctioned throughout the
U.S., many of which are not currently being offered for sale on the
Internet. Some of the unique product categories will include government
surplus, coins and rare books, estate items, industrial machinery and |
