IINN News!!! International Internet Ventures I LLC Acquires Interest in Chinese Portal
Business Editors/Technology Writers
BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 14, 2000--International
Internet, Inc. (OTC:IINN) announced today that International Internet
Ventures LLC, a wholly owned subsidiary of International Internet,
Inc. has acquired a minority interest in Vertical Computer Systems,
Inc. (OTC:VCSY). Vertical Computers a multi lingual portal provider,
and e-commerce solutions company. Vertical Computer Systems recently
launched Chinese portal TheChinaBridge.com
(http://www.thechinabridge.com) and currently operates
ShoppingInternet.com (http://www.shoppinginternet.com) which presently
offers products from over 700 French manufacturers.
About Vertical Computer Systems
Vertical Computer Systems, Inc. is a multi lingual portal
provider, and e-commerce solutions company, based in the United
States. The Company provides a full range of Internet services that;
build e-commerce solutions nationally and internationally
(www.ExternetWorld.com), distributes content via its multi lingual
portal networks (http://www.TheChinaBridge.com)
(www.ShoppingInternet.com,) and provides proprietary online gaming
software (www.WelcomeCasino.com) Vertical Computer Systems is
committed to building communities allowing the development of the
Internet in the Americas, Europe, Asia and Pacific Rim.
About International Internet
International Internet, Inc. develops and operates Internet and
direct retail marketing companies as well as venture funds focused on
the Internet. The International Internet Group includes wholly owned
subsidiaries American Computer Systems (ACS), StogiesOnline.com, Inc.
(www.stogiesonline.com), International Internet E-tail group, Inc. and
International Internet Ventures I LLC and majority owned subsidiaries,
Mr. Cigar, Inc., TheBroadcastWeb.com, Inc. (www.thebroadcastweb.com),
StogiesAuction.com (www.stogiesauction.com), a joint venture between
AuctionAnything.com, Inc. (OTC:UBUY) and International Internet.
International Internet also holds minority interests in WowStores.com,
Inc. (NQB - Pink Sheets:WOWS) (www.wowstores.com) and Goldonline
International, Inc.(OTC:GDOL) (www.goldonline.com).
Forward-looking statements in this release are made pursuant to
the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to certain
risks and uncertainties and actual results could differ from those
discussed. This material was prepared and disseminated by The Hawke
Group, Inc. ("Hawke") for the Company discussed herein, based upon
Company-supplied information or other sources believed to be reliable.
Hawke does not guarantee the information for accuracy or to be
all-inclusive. This material is information only and is not an offer
or solicitation to buy or sell the securities. Hawke, its affiliates,
and/or its officers, directors and employees may from time to time
have a position in these securities. International Internet has
retained The Hawke Group as a Financial Public Relations Consultant.
For services rendered between January 1, 1999 and December 31, 1999,
The Hawke Group has received 1,250,000 shares of International
Internet free-trading common stock. On November 15, 1999 Scott
Phillips, an employee of The Hawke Group, was issued 150,000 shares of
restricted stock.
--30--law/mi*
CONTACT: The Hawke Group Inc., Boca Raton
Scott Phillips, 954/564-7114
Fax: 954/564-9848
www.hawkegroup.com
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