Power Direct, Inc. Changes Company Name to 2U Online.com Inc. Effective
Wednesday, February 9, 2000
BELLINGHAM, Wash., Feb 8, 2000 (BUSINESS WIRE) --
(OTC BB:PWDR)
Power Direct, Inc. (OTC BB:PWDR) is pleased to announce a name change
of the Corporation to 2U Online.com Inc effective Wednesday, February
9, 2000.
The new trading symbol is OTC BB:TWOU. The new CUSIP Number is 90210M
10 8.
Jack Sha, the CEO states, "The new name 2U Online.com better reflects
the Company's main business featuring the 2U Online.com Cybermall
showcasing its separate yet linked E-Commerce sites, Jewels2U, Bouquets
2U, Chocolates 2U, and Original Art 2U. These gift-giving, content
providing sites can be viewed by visiting www.2uonline.com."
Both www.2uonline.com and www.cardstakes.com will have Chinese,
Spanish, German, Japanese and Portuguese versions.
The company continues to develop its Cardstakes.com site which feature
greeting cards with special effects, interactivity, music and a Scratch
& Win game inside each card which will enable the recipient to win cash
prizes and discounts towards items found on any of the 2U Online.com
E-Commerce sites. The cards at www.cardstakes.com can be sent free with
or without a purchase while visiting any of the 2U Online.com Cybermall
sites, which includes the sale of Jewels, Flowers, Chocolates and
Original Art.
For further information, please contact Investors Relations at (604)
664-0484 or toll free at 1-888-488-6882 or please visit
powerdirectinc.com e-mail:ir@powerdirectinc.com
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995: The statements contained herein which are not historical
fact are forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially from
those expressed in the forward-looking statements, including, but no
limited to, certain delays in testing and evaluation of products and
other risks detailed from time to time in Power Direct, Inc.'s filings
with the Securities & Exchange Commission.
Copyright (C) 2000 Business Wire. All rights reserved.
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-0-
CONTACT: Investor Relations
604/664-0484
or
Toll-free: 888/488-6882
powerdirectinc.com
E-mail: ir@powerdirectinc.com
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