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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Mighty_Mezz who wrote (4728)11/19/1999 8:06:00 AM
From: BORIS BADENUFF  Read Replies (1) of 7056
 
ARE YOU READY? siliconinvestor.com Hitsgalore.com to Release New Voice Banner Technology and New Banner Generator
RANCHO CUCAMONGA, Calif., Nov. 15 /PRNewswire/ -- Hitsgalore.com, Inc. (OTC Bulletin Board: HITT) announced that it will release its new Voice Banner Technology and banner generator. This new proprietary technology allows business advertisers to seamlessly add a 15-second voice message to banners that they create free of charge on the Company's web site. Release for the service is set for November 19.

Chairman Dorian Reed, said, "We're pleased to release this new technology. Although its release was delayed some so we could add more features, we think our users will agree it was worth the wait. Hitsgalore.com will be the first search portal to provide a technology and service offering free voice banners to advertisers."

In addition to the new voice banners, the Company is also releasing a newly designed banner generator utilizing the popular Macromedia Flash Technology. Users only need a sound card and the flash plug-in now available on many browsers. The Company will initially provide a toll free number that users call to record the voice message on the banner.

Alex Truong, CTO, stated, "We are excited about this multimedia capability using the Web as the delivery channel. Specifically, our new Voice Banner generator will offer attractive graphics as well as clear and concise audio messages. This unique service will allow our users to wow its customers with feature-rich advertising banners."

The Company will be moving quickly to patent and protect its unique business model and many of its propriety holdings and new innovations not yet released.

Reed continued, "This is cutting-edge technology and it's what our customers have been asking for: more and effective ways with which they can advertise their goods and services. Voice Banners are only our first step in helping all our advertisers and sponsors to increase traffic to their site, and to have their voice heard in the market place. We are looking forward to releasing many other serious marketing tools for our valued business users."

The Company also announced that its auditors are nearing completion of their re-examination of the Company's pre-merger financial statements for 1996, 1997 and 1998. The Company anticipates having its amended Annual Reports on Form 10-K for those years filed on or before November 30, 1999. Completion of these audits will result in a delay in the filing of the Company's Quarterly Report on Form 10-Q. Upon filing of its third quarterly report, the Company anticipates reporting continued growth in revenues and significant percentage increases in net income as compared to the previous quarter, thus continuing its trend of increasing quarter-to-quarter operating performance.

Hitsgalore.com (http://www.hitsgalore.com/) has a unique business model of giving away free banners, lifetime banner placement, and other Portal Services. The Company believes its business model compares favorably with other Internet portals and search engine companies. The Company generates revenue from its Keyword Bid & Rank program, sponsorships of Portal Services, and Local City Editions featuring local content. Hitsgalore.com strives to provide porn-free searching and does not accept or encourage any porn or adult-content listings on its site.

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SOURCE: Hitsgalore.com, Inc.
CONTACT: Hitsgalore.com, Inc. Investor Relations, 800-300-5388, investor@hitsgalore.com
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