VITC NEWS JUST OUT !!!
VERSATECH, INC. ANNOUNCES STRATEGIC E-COMMERCE PARTNERSHIP WITH COMMISSION JUNCTION
SARASOTA, Fla., Mar 28, 2000 /PRNewswire via COMTEX/ -- VersaTech,
Inc. (OTC Bulletin Board: VITC), through its subsidiary Universal
Network, Inc., today announced that the company will soon launch an
affiliate program for Unitropin(TM), its growth hormone stimulating
health aid. The affiliate program, which the company expects to
increase revenues and bolster consumer awareness of Unitropin, will be
managed by Commission Junction, a Santa Barbara Web-based, e-commerce
network that matches online merchants' products and services to online
content providers and manages the resulting relationships.
"One advantage of partnering with Commission Junction to launch our
affiliate program is that Unitropin will immediately become available
to the 150,000 websites in Commission Junction's network," said Michael
Daily, President and CEO of VersaTecb, Inc. The Unitropin program is
structured to offer affiliates a generous $8 per unit on purchases made
by their customers, allowing Unitropin affiliates to earn significant
revenues by offering the popular anti-aging supplement. In addition to
earning revenues on sales, affiliates also can earn revenues when they
refer new users.
"In addition to the increased visibility we gain by joining Commission
Junction's large and well-respected network, we are also pleased with
the behind-the-scenes services they offer that will virtually eliminate
any administrative burden associated with managing such a large
affiliate program," continued Daily. Commission Junction will oversee
and manage the Unitropin affiliate program, which includes signing-up
new affiliates, auditing all affiliate driven e-commerce activity, and
collecting and paying commission on all sales generated through the
affiliate program.
Unitropin is a proprietary mix of natural compounds that have been
shown to stimulate the body's own production of growth hormone. Low
levels of growth hormone have been linked to the aging process.
About Commission Junction Founded in November 1998, Commission Junction
is driving the wave of e-commerce EnContext(TM). EnContext(TM) enables
online information and entertainment providers to sell product that
relay their content and earn commissions. Commission Junction is a
network that matches products to content, audits e-commerce activity,
manages the relationship between merchants and affiliate content
providers, and collects and pays commissions on all sales generated.
The Commission Junction Network comprises the World's most online
merchants including Fingerhut, ShopNow, 24/7 Media, as well as top
performing affiliate company providers including Merrill Lynch, Ask
Jeeves and Infospace. The privately held company has over 100 employees
and is headquartered in Santa Barbara, California.
About Universal Network, Inc. Universal Network of America, Inc. is a
direct sales organization distributing health and beauty aid products
through independent distributors and the Internet. Universal Network of
America, Inc. is based in Sarasota, Florida, and operates through its
subsidiary Universal Network, Inc.
Universal Network, Inc. is a wholly owned subsidiary of VersaTech, Inc.
which is publicly traded on the OTC Bulletin Board under the symbol
"VITC." For further information contact Steve Krakonchuk, 888-222-9392
or 604-214-9392.
SOURCE VersaTech, Inc.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
CONTACT: Steve Krakonchuk of VersaTech, 888-222-9392 or 604-214-9392
WEB PAGE: versatechinc.com |
