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U.S. HOME & GARDEN - NASDAQ Stock Market: USHG
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News October 22, 09:00 Eastern Time
U.S. Home & Garden Chooses OpenSite for Private Online Auction
SAN FRANCISCO, Sep 22, 1999 (BUSINESS WIRE) -- U.S. Home & Garden Inc.
(NASDAQ: USHG) today announced that E*Garden, its lawn and garden
website, will use OpenSite Technologies' Concierge service to power its
private business-to-business online auction.
The auction will open in October to growers, landscapers, garden
centers, manufacturers, and other garden-product businesses at
www.egardenwholesale.com. The site will specifically prohibit consumer
transactions.
With this new auction, USHG can create a unique exchange forum for the
lawn and garden industry, making it easier to sell excess inventory,
introduce new products, broaden their customer base, and create a
community of qualified customers. USHG will work with garden-product
businesses like Germania Seeds, to generate inventory for the auction.
USHG will also provide a non auction business-to-business site to
facilitate transactions in the ordinary course of business.
"Using OpenSite's Concierge service, we can create a sales channel that
simply does not exist for this industry today," said Linda Parks
Watson, president of E*Garden. "Auctions should be especially
attractive for our project-oriented and time-sensitive customers, such
as nurseries, garden centers, and landscape contractors. In addition,
we hope to extend brand awareness for E*Garden, increase our customer
acquisition and retention, obtain additional registration and
purchasing information, and optimize inventory management."
OpenSite's Concierge service is an outsourced auction solution, letting
USHG establish an online auction quickly and cost-effectively. Using
Concierge, USHG will establish a branded, sophisticated, fully
functional auction that integrates seamlessly into the E*Garden
website, which will also offer a fixed-price wholesale goods. OpenSite
will provide setup, site design, software, hosting, and auction
maintenance during the first six months of operations, thereafter
E*Garden intends to have all operation of the auction site brought in
house.
"U.S. Home & Garden is taking a lead in its industry," said Kip Frey,
Opensite president and CEO. "By creating this new business-to-business
auction, the company can greatly expand its business opportunities by
creating and opening new channels of distribution that up to now have
not been available to commercial users, businesses and manufacturers."
U.S. Home & Garden Inc. is a leading manufacturer and marketer of a
broad range of consumer lawn and garden products including weed
preventative landscape fabrics, weed trimmer replacement heads,
fertilizer spikes, decorative landscape edging, shade cloth and root
feeders which are sold under various recognized brand names including
Weedblock(R) , Jobe's(R), Weed Wizard(TM), Emerald Edge(R), Shade
Fabric(TM) Ross(R), and Tensar(R). The Company markets its products
through most large national home improvement and mass merchant
retailers.
To learn more about U.S. Home & Garden Inc. business, visit its website
at www.easygardener.com/ushg.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Certain statements contained in this press release that
are not historical facts are forward looking statements that involve a
number of known and unknown risks, uncertainties and other factors that
could cause the actual results, performance or achievements of the
Company to be materially different from any future results, performance
or achievement expressed or implied by such forward looking statements.
These risks and uncertainties include, but are not limited to,
statements involving the ability of the Company to successfully
integrate any future businesses or product lines acquired into existing
operations, the Company's growth strategy, customer concentration,
outstanding indebtedness, dependence on weather conditions,
seasonality, expansion, and other activities of competitors, changes in
federal or state environmental laws and the administration of such
laws, protection of trademarks and other proprietary rights, the
general condition of the economy, uncertainty relating to the Company's
Year 2000 compliance efforts and the possible failure of key suppliers
and customers to be Year 2000 compliant, and other risks detailed in
the Company's Securities and Exchange Commission filings. The words
"anticipate" and "intend" and similar expressions identify
forward-looking statements. Readers are cautioned not to place undue
reliance on these forward-looking statements which speak only as of the
date the statement was made.
Editor's Note: the character between the E and the G in E*Garden is an
asterisk, and may not show up on certain databases.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
CONTACT: U. S. Home & Garden Inc.
Robert L. Kassel, President, 415/616-8111
or
Cameron Associates
Kevin McGrath, 212/245-8800
WEB PAGE: businesswire.com
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