MAWI acquires POKEMON sites
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here's the lastest news Tuesday September 21, 7:03 am Eastern Time
Company Press Release
M&A West, Inc. Acquires Pokemon Websites
SAN BRUNO, Calif.--(BUSINESS WIRE)--Sept. 21, 1999--M&A West, Inc. (OTC BB:MAWI - news), a company that develops, invests in and operates Internet and technology related companies, announced today that it has acquired the Pokemon websites, www.winpokemon.com, www.pokeauction.com and www.freepokemoncards.com.
Scott Kelly, President and CEO of M&A West, commented, ``Nintendo's Pokemon has become an overnight phenomenon. The purchase of these Pokemon sites provides us an excellent platform to promote our Internet entertainment division. Our plans are to provide forums where Pokemon collectors discuss, trade and win pokeman merchandise. Through www.winpokemon.com and www.freepokemoncards.com we plan to have weekly drawings to win Pokemon boosterpacks and other prizes. The www.pokeauction.com site will allow collectors to buy, sell and exchange Pokemon cards and related merchandise from other collectors.'
The popularity of Pokemon is based on the concept of collecting, developing and trading over 150 different Pokemon. Since its introduction to the United States in September 1998, Pokemon has become an overnight booming phenomenon. Pokemon is a top selling Nintendo video game property, a No. 1 rated kid's television show in U.S. syndication, as well as a No. 1 show on the Warner Bros. Television Network.
M&A West, Inc. has four primary business objectives. The first is to become a meaningful player in the acquisition and development of Internet and technology companies. The second is to provide seed capital to newly emerging Internet companies. The third is to provide a full line of business services to emerging micro-cap and small-cap companies to increase awareness of their business. The fourth is to create and grow offshoot Internet-related companies under the M&A West, Inc. umbrella.
M&A West, Inc.'s current investments include:
Virtuallender.com, Inc. (OTC BB:VLDC - news), www.virtuallender.com
Workfire.com, Inc. (OTC BB: WKFR - news), www.workfire.com
Digital Bridge, Inc. www.digitalbridge.com
Virtualwagering.com, Inc., www.virtualwagering.com and
Virtualgroceries.com, Inc., www.virtualgroceries.com
For more information on M&A West, Inc. please visit www.mawest.com.
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Statements regarding financial matters in this press release other than historical facts are ``forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. |