M&A West Launches Third Pokemon Website
SAN BRUNO, Calif.--(BUSINESS WIRE)--Oct. 28, 1999--M&A West, Inc. (OTCBB:MAWI - news), a company that develops, invests in and operates Internet and technology-related companies, announced today that it has successfully launched its Third Pokemon(tm)-related Web site, buynsellpokemon.com (www.buynsellpokemon.com).
M&A West, Inc.'s plans are to provide forums where Pokemon(tm) collectors can discuss, trade and win Pokemon merchandise.
``We are very excited about the launch of buynsellpokemon.com,' said Scott Kelly, President and CEO of M&A West, Inc. ``The response to our first site, WinPokemon.com (www.winpokemon.com) has been incredible and we have already received hundreds of entries for our Drawpokemon.com (www.drawpokemon.com) site. We plan to place the entries on the site and conduct an online vote to choose the winners.'
``Buynsellpokemon.com represents the first of several commercial Pokemon sites. We are currently offering Pokemon related products through an affiliate program with eToys.com©(Nasdaq:ETYS - news) and are finalizing direct retail agreements.'
The popularity of Pokemon(tm) is based on the concept of collecting, developing and trading over 150 different Pokemon(tm) cards. Since its introduction to the United States in September 1998, Pokemon(tm) has become an overnight booming phenomenon.
Pokemon(tm) is a top-selling Nintendo© video game property, a top-rated kid's television show in United States syndication, as well as a top-rated show on the Warner Bros. Television Network.
Recent reports from Wall Street project that Pokemon(tm) will maintain its incredible popularity well into next year. In fact, analysts predict that Pokemon(tm)-related companies will prosper even more next month with the highly anticipated release of the Pokemon(tm) movie from Warner Brothers.
Companies currently associated with Pokemon include: 4Kids Entertainment, Inc. (Nasdaq:KIDE - news), Grand Toys International, Inc. (Nasdaq:GRIN - news) and Topps Company, Inc. (Nasdaq:TOPP - news).
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: Online venture capital portal VentureList.com (www.venturelist.com), E-Commerce and Web development company Digital Bridge, Inc. (www.digitalbridge.com), Online gaming portal Virtualwagering.com, Inc. (www.virtualwagering.com) and Online grocery provider Virtualgroceries.com, Inc. (www.virtualgroceries.com).
For more information on M&A West, Inc. please visit www.mawest.com.
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.
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