ZiaSun Subsidiary Posts Over $27 Million in Year-End Sales; - Sales and
Seminar Registrations Exceed Expectations -
SOLANA BEACH, Calif., Jan. 19 /PRNewswire/ -- ZiaSun Technologies, Inc. (OTC Bulletin Board: ZSUN - news), a
profitable Internet holding company, today announced year-end results for its subsidiary Online Investors Advantage (OIA).
OIA, a market pioneer and the Internet's leading investment education firm, posted over $27.4 million in fiscal 1999 sales with
very strong earnings as compared to $3.57 million in fiscal 1998 sales. Sales during the first nine months of 1999 were $19
million, and the fourth quarter sales increase is on target with OIA's growth objectives in 2000. In the process, OIA trained
8,272 students in 220 investment education workshops across North America, New Zealand and Australia during the year.
The number of workshop attendees has already increased in the first quarter of 2000. ``We are extremely pleased with OIA's
continual sales increases, and expect additional growth by introducing OIA's investment workshops into the European
Community in the second quarter of 2000,' said ZiaSun Chairman Scott Elder. ``I believe the European expansion will be very
smooth, because OIA has already established a solid operating model, which is readily adaptable to the European
marketplace.'
OIA anticipates at least 10,000 workshop attendees in the U.S.A. alone this year. This increase will be driven by the addition
of television advertising, based on the success of a promotional TV spot, which significantly increased attendance at its free
seminars where OIA presents and sells its investing workshops. Direct mail and newspaper advertising will be significantly
increased as well.
An arrangement with Traders Library is also expected to contribute to increased sales during 2000. This online bookstore
operation was established in the third quarter of fiscal 1999 as a value-added service for subscribers to OIA's Investor
Toolbox. Bookstore sales have rapidly evolved into a profit-generating operation in conjunction with Investors Toolbox, which
should exceed $1.25 million in fiscal 2000 sales compared to $670,000 in fiscal 1999.
About Online Investors Advantage
The Security Blanket.com, an online education industry watchdog and analyst, highly recommends OIA's investment education
program. This has helped OIA establish a dominant U.S. market share in the education sector for investor training in the
benefits, dangers and required skills of effectively selecting stocks for investment on the Internet.
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 portfolio 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).
Investors Relations Contact: ZiaSun Technologies, San Diego Mr. Mark Harris, VP, Investor Relations, 858-350-4060,
mark@pinmail.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 risk and uncertainties that may affect the Company's business prospects and performances. These include
economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings
with the Securities and Exchange Commission.
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SOURCE: ZiaSun Technologies, Inc |
