PurchasePro.com, Inc. Reports Preliminary Fourth Quarter 1999 Revenue Results
Business Editors/High-Tech Writers
LAS VEGAS--(BUSINESS WIRE)--Jan. 31, 2000--PurchasePro.com, Inc.
(Nasdaq:PPRO), a leading provider of business-to-business e-commerce
solutions, today reported preliminary revenue results for the fourth
quarter ended Dec. 31, 1999.
PurchasePro.com expects to report revenues of approximately $2.65
million for the fourth quarter of 1999.
About PurchasePro.com
PurchasePro.com, Inc. (Nasdaq:PPRO) is a leading provider of
Internet business-to-business electronic commerce services. The
company's e-commerce solution is comprised of public and private
procurement networks where businesses can buy and sell a wide range of
products and services in an efficient, competitive and cost-effective
manner. The company has designed its procurement network to meet the
needs of customers as well as their strategic business partners.
For more information, call toll free at 888/830-4600 or in Las
Vegas at 702/316-7000. You can also access PurchasePro.com, Inc. at
its Web site, www.purchasepro.com.
This press release includes forward looking statements which are
subject to a number of risks and uncertainties, including whether the
preliminary reported revenue will change as results are finalized in
the course of our audit, the risks and uncertainties associated with
rapidly changing technologies such as the Internet, the risks of
technology development and the risks of competition. Actual results
could differ materially. For more information about these risks and
uncertainties, see the SEC filings of PurchasePro.com, Inc, including
the section entitled "Factors That May Affect Results" in its 10-Q
filing for the quarterly period ended Sept. 30, 1999 and the section
entitled "Risk Factors" in its registration statement on Form S-1/A
filed on Jan. 13, 2000 with the Securities and Exchange Commission,
which is available from the company on request and on the Internet at
the SEC's Website, www.sec.gov.
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CONTACT: PurchasePro.com, Inc.
Richard St. Peter, 702/316-7000 (Investors)
Anthony Timmons, 702/316-7000 (Media)
or
Morgen-Walke Associates, Inc.
Brooke Deterline, 415/296-7383 (Investors)
Alicia Nieva Woodgate, 415/296-7383 (Media)
KEYWORD: NEVADA
INDUSTRY KEYWORD: E-COMMERCE RETAIL EARNINGS
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