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Technology Stocks : Foodvision.com, Inc. (FVSN)

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To: TallTrader who wrote ()2/2/2000 8:43:00 AM
From: TallTrader  Read Replies (1) of 72
 
NEWS: Heritage Concepts, Foodvision.Com In Strategic Pact
Monday, January 31, 2000 02:48 PM


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BURLINGTON, Ont. (Dow Jones)--Heritage Concepts International Inc. (T.HCI, news, msgs) said it has entered into a letter of intent to form a strategic alliance with foodvision.com Inc. (FVSNE, news, msgs), Atlanta.

In a news release, the company said foodvision.com owns six Atlanta restaurants, including the Dirty Bird Cafe, Grandma Lee's and Kenny Rogers Roasters.

Heritage said that, under the alliance, it will offer online ordering, e-mail and fax services at its Great Canadian Soup Co. and Grandma Lee's properties, co-develop a Web site for Great Canadian Soup Co., and expand product and service opportunities for the radio broadcast industry.

Terms of the agreement weren't disclosed.

Heritage Concepts is a restaurant franchisor.

-Amy Pataki, Dow Jones Newswires; 416-306-2100
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