ZiaSun Announces Over Seven-Fold Sales Increase
From In-House Telemarketing Team At Online
Investors Advantage Subsidiary
SOLANA BEACH, Calif.--(BUSINESS WIRE)--Dec. 3, 1999--ZiaSun Technologies, Inc
(OTC BB:ZSUN), a profitable
Internet holding company, today announced that sales generated by the inside sales division
at its wholly-owned subsidiary
Online Investors Advantage (OIA - www.i-advantage.com) have increased substantially every
month since January 1999.
OIA made strategic investments in its inside sales division earlier this year by acquiring
advanced dialing equipment, computers
and phones, and by hiring key sales personnel with proven track records in sales and
marketing.
As a result, the inside division's sales of OIA's training workshops (marketed at $3,995 per
person) and home study course
(retailing at $1,995 per unit) increased more than seven-fold from $50,000 in January 1999
to $362,000 in November 1999.
In order to achieve increased operating efficiencies and reduced overhead costs, OIA will
consolidate its inside sales division
with its fulfillment services next month.
``Online Investors Advantage is continuing to build its inside sales division and consolidate
operations into a larger office. This is
being done in preparation for the first-quarter 2000 roll out of a new entry-level, online
investing product,' explained ZiaSun
Chairman Scott Elder. ``This expanded product offering is expected to further accelerate the
exciting monthly sales momentum
OIA has achieved since January.'
OIA's high sell-through rate results from targeted marketing of qualified leads from individuals
who have either attended or
registered for its online investment training, as well as referrals from satisfied customers and
its high-traffic website.
About Online Investors Advantage
OIA workshops have been ``Highly Recommended' by www.thesecurityblanket.com in its
evaluation of investment education
programs. OIA believes it currently offers the most in-depth investor training for optimum use
of Internet-based investment and
financial management tools and services. In addition to the www.i-advantage.com website,
OIA also offers a video-based
learning program that provides the web's most comprehensive range of financial information
and tools, as well as a stock
screening and evaluation system with 700 individual search criteria.
About ZiaSun Technologies
ZiaSun Technologies, Inc. is a leading Internet holding company focused on e-commerce
and specialized online support
services within North America, Asia and other international markets. The Company's Internet
offering includes Asia4Sale
(www.asia4sale.com), AuctionAsia (www.auctionasia.net), MEDIAhits (www.mediahits.com),
Momentum Asia
(www.momentumasia.com), Momentum Finance (www.mfinance.com - a top 100 financial
website), Momentum Internet
(www.momentumplus.com), Online Investors Advantage (www.i-advantage.com), PINmail
(www.pinmail.com), Search
Dragon (www.searchdragon.com), ServiceLive (www.servicelive.com) and Swiftrade
(www.swiftrade.com).
Note: Any statements released by ZiaSun Technologies, Inc that are forward-looking are
made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are
cautioned that forward-looking
statements invoke risks and uncertainties that may affect the Company's business prospects
and performance. These include
economic, competitive, governmental, technological and other factors discussed in the
statements.
Contact:
OTC Financial Network
Geoffrey Eiten
800-230-3519 / 781-444-6100 ext. 13
geiten@otcfn.com
www.otcfn.com/zsun
or
ZiaSun Technologies
Mark Harris, VP of Investor Relations
858-350-4060
mark@pinmail.com
www.ziasun.com |
