News Release
Sorry for long post but it was emailed to me.
Harry
Suite 440 - 789 West Pender Street, Vancouver B.C. V6C 1H2
Tel: 604-606-1550 Fax: 604-606-1565 Toll Free 1-800-343-2552 Email info@solars.com www.solars.com
SCS SOLARS TRANSACTION WITH BID.COM APPROVED BY VSE
VANCOUVER, CANADA (November 23, 1999) -- SCS Solars Computing Systems Ltd. announced today that the Vancouver Stock Exchange approved the Bid.Com transaction that entitles it to introduce Internet auctions for travel products.
A newly-formed and wholly owned subsidiary of SCS Solars, Solar Bid Travel Ltd. will provide travel product vendors the means to supply online discounts for airline tickets, cruises,
packaged holidays and destination resorts. The licensed online auction technology of Bid.Com
will serve to host and enable these transactions.
"Using proprietary SOLARNET technology we are able to link our services with virtually every travel agent in the world, as well as a large number of travel wholesalers, airlines and destination operators", said Jeff Lymburner, President & CEO of Bid.Com International, Inc.
"Never before have travelers had the opportunity to benefit from direct exposure to such a huge pool of travel products and services. Work is on schedule and we look forward to an exciting entry into this massive global marketplace," said Frank Wells, Chairman of SCS Solars.
Mr. Wells also announced the appointment of travel industry veteran, Alan Thompson, to the position of President of Solar Bid Travel. Mr. Thompson has more than 35 years travel management experience and is also a Director of Travelbyus.com.
Founded in 1995, Bid.com is one of the Internet's leading on-line auction sales and marketing organizations, with offices in Toronto, Tampa, Florida and Dublin, Ireland. The company offers a compelling, entertaining and cost-effective method of selling a wide array of goods and services over electronic distribution channels.
SCS Solars Computing Systems Inc., through its SOLARNET Travel Network, improves the productivity and profitability of travel vendors and travel retailers worldwide by developing and delivering Internet and Intranet GDS/CRS on-line travel information and automation. SCS Solars Computing Systems Inc. is a public company, trading on the Vancouver Stock Exchange under the symbol SCS.
Frank Wells, Chairman
Investor Relations contact:
Brad Carr, Corporate Development
SCS Solars Computing Systems Inc.
Tel: 604.606.1550
E-mail: bcarr@solars.com
The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
