Quepasa.com Launches Shopping Channel
Monday October 18, 11:30 am Eastern Time
Company Press Release
Quepasa.com Launches Shopping Channel Featuring
Merchandise From Amazon, JC Penney, and E-toys
PHOENIX--(BUSINESS WIRE)--Oct. 18, 1999-- E-Commerce Site Aimed at 31 Million U.S. Hispanic Consumers In
Time For Holiday Shopping Season
Quepasa.com (NASDAQ: PASA - news), the premiere online community for U.S. Hispanics, announced today the launch of
its e-commerce program, the quepasa shopping channel (www.quepasa.com). It is the first in a series of upcoming
e-commerce initiatives the company will be introducing as part of its strategy to be the most comprehensive online destination
for Hispanics.
``A well-structured and balanced Internet company cannot rely on advertising alone to create income,' said Gary Trujillo,
Chairman and CEO of quepasa.com. ``We recognize that and through the quepasa shopping channel have initiated our plan
to create an e-commerce platform that addresses the exploding U.S. Hispanic market and its multi-billion dollar purchasing
power.'
The quepasa shopping channel, available in both English and Spanish, features merchandise from well-known companies such
as Amazon.com, e-toys, Dell Computer Corporation, and J.C. Penney. In all, it offers a tremendous variety of products in 13
different categories, including music, video, sports, toys, clothing, and automobiles. Consumers can easily and efficiently make
their purchases online with the knowledge that quepasa.com uses advanced technology to make purchasing on the Web safe
and secure.
``U.S. Hispanic consumers now have their own online shopping site. The quepasa shopping channel gives quepasa.com
members the convenience and ability to shop at home for all the latest and greatest products, just in time for the holiday
shopping season,' said Trujillo.
About quepasa.com
Quepasa.com provides the rapidly growing U.S. Hispanic market with information and interactive content available in both
Spanish and English. The site was founded in 1998 and includes a search engine, a shopping channel, free e-mail, free Web
pages, Spanish-language news feeds, worldwide weather information, chat rooms, games, maps, and message boards. Over
the past six months, quepasa.com has experienced a 133% compound monthly growth rate in page views. Quepasa.com has
entered into strategic partnerships with leading providers of media, content and technology including: Reuters NewMedia,
Inc., Associated Press, Hispanic Business Magazine, Screaming Media, Inc., AutoNation, Inc., Telemundo Network Group,
Fox Sports World Espanol, WeatherLabs, Inc., Inktomi, GTE Internetworking and Exodus Communications.
Certain statements in this release regarding the Company's expected future business and prospects constitute
``forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are based upon current expectations and involve certain risks and uncertainties that could cause
actual results to differ materially from any such statement, including risks and uncertainties discussed in the Prospectus as
amended, of quepasa.com, which discussions are incorporated herein by reference.
Contact:
PepperCom
Ken Juarez
212/931-6138
kjuarez@peppercom.com
or
quepasa.com
Michele Vahsen
602/716-0100 ext. 259
mvahsen@quepasa.com |
