GONT NEWS APRIL 10,2000
Monday April 10, 9:38 am Eastern Time Company Press Release ShopGoOnline Signs Distribution Agreement with Cisco System for B2B Product Line Expanded Ingram Micro Distribution Agreement to Feature Additional Major Technology Supplier as Core Product Sourcing for B2B Division BUENA PARK, Calif.--(BUSINESS WIRE)--April 10, 2000-- Matthew Herman, vice president of GoOn-Line.com. (OTCBB:GONT - news) today announced a distribution authorization agreement with Cisco Systems.
This alliance authorizes ShopGoOnline.com, e-commerce division of Go Online Networks to offer over 2,600 Cisco technology products over the site.
Cisco Systems (Nasdaq:CSCO - news) is the worldwide leader in networking for the Internet. Cisco offers the industry's broadest range of hardware products used to form information networks or providing access to those networks.
``Teamed with the recent marketing alliance with Tech Data Corp. (Nasdaq:TECD - news) and the expanded affiliation with Ingram Micro, ShopGoOnline is extremely well positioned in the distribution of merchandise, including computer hardware and software, telecommunications devices, business machines, and technology products to augment our B2B division. The distribution authorization agreement with Cisco Systems serves to further establish our presence as a technology products supplier to business customers and online shoppers,' stated Matthew Herman, vice president of GoOn-Line.Com.
``We can now position ourselves as a viable source through which businesses can purchase all of their technology products and services needed to run their businesses effectively, while being assured of the highest quality and the most competitive pricing,' continued Herman.
ShopoGoOnline continues to build upon its partnership with Ingram Micro (NYSE:IM - news), the world's largest wholesale provider of technology products and services. As part of that expanded agreement, Ingram Micro offers ShopGoOnline 99 percent accuracy for shipment of stocked products within 24 hours of the purchase.
``Ingram Micro's logistical expertise and successful fulfillment system make them a reliable resource for order delivery, and a integral part of our business to business interchange,' commented Herman. ``Our goal is to provide our customers with excellent back office support, timely shipment and competitively priced products,' concluded Herman.
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 GoOn-line.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 www.GoOnLineNetworks.com or Go Online.com Matthew Herman, 530/891-4100 mh@GoOn-line.com www.GoOn-Line.com www.ShopGoOnLine.com or PMR and Associates Patrick M. Rost, 760/942-0015 PMRandCO@AOL.com
_____________________________________________________
DISCLAIMER - GONT
DDInvestor.com is not a registered investment advisor. Please read our full disclaimer at: ddinvestor.com
PMRand Associates, LLC has retained DDInvestor.com LLC for a period of two months to assist Go Online Networks Corporation (otc:bb - GONT) in becoming more widely known to the investment community. See the full disclaimer at: ddinvestor.com
For its efforts DDInvestor.com LLC will receive 16,000 shares of GONT stock each month. To receive updates from DDInvestor on GONT as well as our other profiled companies, sign up for our mailing list at: ddinvestor.listbot.com
View a full profile on GONT at our site: ddinvestor.com |