PCIG: .37x.45, changing to eBus fulfillment center.
Changing name to Product Express.com eBusiness Services.
productexpress.com
Shrs Out 3.94 Mil
Float 2.40 Mil
Management has determined that there is a tremendous opportunity and value
in our core competencies as a high-speed order and fulfillment center. Our
unique distribution system that we have developed for the convenience store
industry is very efficient and valuable.
As of September 30, 1999, there were 3,939,092 shares of Premium Cigars
International, Ltd. common stock, no par value outstanding
04/24/2000 PCIG** Premium Cigars International Ltd PXPS Product Express.com eBusiness Services
otcbb.com
John Greenwell, Chief Executive Officer of Premium Cigars International,
Ltd. commented: "Since the Company started, PCIG has invested significant
time and resources to develop an integrated order processing, tracking and
distribution system that currently services thousands of convenience stores.
These are competencies ideally suited to the unique conditions of e-commerce.
If product is in inventory, we are able to ship within minutes of taking the
order. This unique site further leverages our proven ability to sell, market
and efficiently distribute our products directly to convenience stores and
other specialty retail stores as evidenced by our continued relationships with
major c-store chains such as 7-Eleven(R), Circle K(R), and Mobil(R). This
experience should provide us with a competitive advantage over the traditional
methods of distribution to these retail outlets and, in turn, increase revenue
for PCIG and for our customers. It is our opinion that through
ProductExpress.com, PCIG will provide a much needed service, and should be
well received throughout the industry." |
