Shop Go Online Signs Marketing Alliance With $11 Billion Information Technology Distributor Tech Data Corp.
BUENA PARK, Calif.--(BUSINESS WIRE)--April 5, 2000--
Access to Over 75,000 Computer and Technology Related Items From Over 1,000 Manufactures Provides the Core Products to Fulfill ShopGoOnline.Coms' Merchandising Strategy
Scott Claverie, president of GoOnline.Com, Wednesday announced that ShopGoOnline.com, the e-commerce division of GoOnline Networks Corp. (OTCBB:GONT-news), announced today that they have reached an agreement with Tech Data Corp. to become an online reseller of Tech Data's complete line of technology products.
Tech Data Corp. (NASDAQ:TECD) is a full-line distributor of more than 75,000 technology products from the leading names in the technology products arena including, 3Com, Intel, Microsoft, Apple Computers, Compaq and Hewlett Packard. Under the terms of the agreement Tech Data will provide ShopGoOnline.com a full array of product offerings, preferred pricing, product promotions, order processing , shipment management, customer service, product support, and warranty servicing. ShopGoOnline.com currently offers over 1,300 items for sale. It is expected that this alliance will dramatically increase ShopGoOnline.com's products offering in the near term. This alliance will also serve to solidly position ShopGoOnline.Com in the most sought after product category in cyberspace.
"ShopGoOnline is enormously pleased with our alliance with a Fortune 500 company of Tech Data's stature. We have been searching for a partner of this magnitude to fulfill our merchandising needs in computers, information technology, components, peripherals, and software. Tech Data fulfills our needs and more. They offer outstanding product assortment, pricing, technical support, warranty service and order processing," stated Matthew Herman, vice president of GoOn-Line.com. "An enormous percent of e-commerce sales volume is in the technology arena. Our Business to Business Division will also benefit significantly from this alliance as part of our Web Development and E-commerce solutions strategy," concluded Herman.
About Tech Data Corp.
Tech Data Corp. (NASDAQ:TECD) was founded in 1974. The Fortune 500 Company and its subsidiaries distribute to more than 70 countries and serve over 100,000 resellers in the United States, Canada, the Caribbean, Latin America, Europe and the Middle East. Tech Data provides extensive pre- and post-sale training, service and support as well as high-quality configuration and assembly services and a full range of electronic commerce solutions. The company generated sales of $11.5 billion in its most recent fiscal year, which ended Jan. 31, 1999. Tech Data provides its customers with leading products from 1,000 manufacturers and publishers in these product divisions: components, networking, peripherals, systems and software.
About Go Online Networks Corp.
Go Online Networks Corp. (OTCBB:GONT-news) is a Buena Park Internet technology and marketing concern, consisting of three core Internet divisions: Go Online Kiosk Division, Shop Go Online, and its Business to Business subsidiary, GoOnline.com, and Auctionomics.Com.
Shop Go Online Division:
Shop Go Online is an e-commerce business, offering a wide variety of consumer products for purchase online. Many products are displayed using state-of-the-art streaming video and audio technology, along with Panoscan and IBM Hot Media, enhancing the shopping experience.
GoOn-line.com B2B Division:
GoOn-line.com's B2B division offers unsurpassed designs for e-commerce sites for companies, in either business to business (B2B) or business to consumer (B2C) realms, utilizing the latest in technology available on the Web today.
Go Online Kiosk Division:
The Go Online Kiosk Division owns and operates audiovisual Internet Kiosk systems custom designed to provide consumers access to the Internet from public locations throughout the United States. The current focus is on obtaining multi-year exclusive site agreements from national hotel franchisees. Consumers can access the Internet by paying with cash or credit card and can surf the World Wide Web or send and receive e-mails. Additional revenues can be obtained by selling screen saver, banner ads and popup advertisements.
Auctionomics.Com
Auctionomics.Com is an e-commerce auction site that gives buyers, through a referral site developed with Classified Auctions.com, the power to research and locate specific assets being auctioned throughout the United States, many of which are not currently being offered for sale on the Internet.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
CONTACT: Go Online Networks
Joseph Naughton, 714/736-9888
joe@jnne.com
goonlinenetworks.com
or
Go Online.com
Matthew Herman, 530/891-4100
mh@GoOn-line.com
goon-line.com
shopgoonline.com
or
PMR and Associates
Patrick M. Rost, 760/942-0015
PMRandCO@AOL.com |
