LA Group, Inc. "ONTVE" Announces Marketing Agreements With America On Line
and Others
ROCHESTER, N.Y., Feb 4, 2000 (BUSINESS WIRE) -- LA Group Inc., (OTC-BB
symbol: ONTVE) today announced it has commenced marketing arrangements
with several Internet companies.
Mr. Daniel Fasano, Chairman and Chief Executive Officer of LA Group,
Inc. stated, "LA Group has entered into marketing arrangements with
many of the leading Internet companies. Agreements have been signed
with American On Line (AOL), Yahoo, Netscape, Digitalcity,
Moviefone.com, Compuserve, ICQ, and Spinner. The agreements call for
the utilization of keywords, banner and log-on pop up screen
advertising to direct subscribers to the soon to be operating portal
Website AsSeenOnTV.com.
Fasano continued, "We are well along in our process of identifying
entry partners and have begun negotiations with advertisers for
positions on our new www.AsSeenOnTV.com site."
Company President Frank Costanzo said, "These relationships with the
premiere Internet companies are what we intend to be the first of
several methods enabling their subscribers to explore our exciting
site. The business model we are implementing also calls for web traffic
to enter our new portal simply by entering "AsSeenOnTV.com".
LA Group, Inc. recently acquired the Internet domain name
www.AsSeenOnTV.com in a $5,000,000 transaction. AsSeenOnTV.com is the
premier domain name for the direct response television industry. LA
Group also recently announced that it had filed SEC Form 10-SB for the
purposes of becoming a fully reporting public company.
The company operates its own destination Website www.seenontv.com. In
addition, the company operates the Ronco Website www.Ronco.com. The
company anticipates the beta testing of its new portal site
www.AsSeenOnTV.com to commence operation by March 1, 2000.
Forward-looking statements in this press release are made pursuant to
the "Safe Harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward looking
statements involve risks and uncertainties, including, without
limitation, the continued popularity of the Company's Websites and
product orders stemming therefrom, increased levels of competition,
technological change, dependence upon third party suppliers, and other
risks.
Copyright (C) 2000 Business Wire. All rights reserved.
Distributed via COMTEX.
-0-
CONTACT: LA Group, Inc.
Tel. 716-426-5394
or Tel. 888-596-8476
Fax. 888-596-8476
www.lagroupinc.com
E-mail: PublicRelations@LAGroupinc.com |
