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Technology Stocks : Buying IPOs on the open market

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To: Yak-attack who wrote (3906)12/3/1999 8:33:00 AM
From: 2MAR$  Read Replies (1) of 5529
 
FREESHOP NETWORK SURPASSES ONE MILLION ORDERS FOR NOVEMBER

SEATTLE, Dec 3, 1999 /PRNewswire via COMTEX/ -- FreeShop.com, Inc.,
(Nasdaq: FSHP), today announced it received more than one million
orders in the month of November. The one million order milestone is a
first for FreeShop, and more than doubles recent months totals. The
FreeShop network includes FreeShop.com (www.freeshop.com) Worldwide
Brochures (www.wwb.com) and CatalogSite (www.catalogsite.com).

"We are very excited about this outstanding achievement," said Tim
Choate, president and CEO of FreeShop,com. "The remarkable growth in
orders for last month is a clear indication of the success of our
unique and dynamic business model. We believe this places us in the top
five sites for order volume on the Internet. Our clients and partners,
such as Johnson & Johnson, Disney, American Express and eBay, see
FreeShop as a rapid and proven method of customer acquisition for their
products and services."

About FreeShop.com, Inc. FreeShop.com is a leading online direct
marketing network that connects marketers and consumers in a fun,
interactive environment. Consumers seeking to explore, learn about or
try new products can choose from a variety of free, trial and
promotional offers from hundreds of well-known companies. The FreeShop
Network includes FreeShop.com (www.freeshop.com), featuring free and
trial offers; CatalogSite (www.catalogsite.com), offering hundreds of
free catalogs; and Worldwide Brochures (www.wwb.com), offering over 15,
000 free travel brochures. FreeShop.com is headquartered in Seattle,
Washington, and publicly traded on Nasdaq: FSHP. For more information,
please visit www.freeshop.com.

This press release contains statements which may constitute
"forward-looking statements" within the meaning of the Securities Act
of 1933 and the Securities Exchange Act of 1934, as amended by the
Private Securities Litigation Reform Act of 1995. Prospective investors
are cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties,
and that actual results may differ materially from those contemplated
by such forward-looking statements. Important factors currently known
to management that could cause actual results to differ materially from
those in forward-looking statements include fluctuation of the
Company's operating results, the ability to compete successfully and
the ability to integrate acquired companies. The Company undertakes no
obligation to update or revise forward-looking statements to reflect
changed assumptions, the occurrence of unanticipated events or changes
to future operating results.

CONTACT: Stacy Benedec, Director of Investor Relations of FreeShop.com,
Inc., 206-441-9100, ext. 158, or stacy.benedec@freeshop.com; or Heather
Snavely of Edelman Worldwide, 206-223-1606, or
heather_snavely@edelman.com, for FreeShop.com, Inc.

SOURCE FreeShop.com, Inc.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Stacy Benedec, Director of Investor Relations of FreeShop.com,
Inc., 206-441-9100, ext. 158, or stacy.benedec@freeshop.com;
or Heather
Snavely of Edelman Worldwide, 206-223-1606, or
heather_snavely@edelman.com,
for FreeShop.com, Inc.

WEB PAGE: freeshop.com

GEOGRAPHY: Washington

INDUSTRY CODE: MLM

SUBJECT CODE: SLS

*** end of story **
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