DDEQ going on this news:
MESA, Ariz., May 3, 2000 (BUSINESS WIRE) -- Diamond Equities Inc. (OTC BB:
DDEQ) Wednesday announced that its affiliate, GoProfit.com Inc. has completed
the various partnerships and vendor affiliations necessary to complete and
re-launch its site.
The site was taken down in November of 1999 because of disputes with the former
management team. The site remained down for remodeling and to implement new
features. It was anticipated, at that time, that the site would re-launch in
February of 2000. However, locating a qualified company to complete, as well as
maintain the site has taken longer than anticipated.
Various partnerships and vendor affiliations necessary for the re-launch and
continued advancement of the site are now complete. Companies to be involved
with the progress of the site by special assignments are Bridge.com,
Briefing.com, British Telecom (BTY), Global Center (GBLX), Inktomi/E-Lingo
(INKT), Page Net (PAGE) and Reuters (RTRSY).
New key features on the new GoProfit.com site will be Real Time Stock Quotes,
"Profit Talk" chat line, as well as extensive financial market segment
directories. It is anticipated that Foreign Language Search Translation will be
added some time after the initial re-launch of the site.
Safari Media Inc., a Tucson based WEB-Partner development company that is
involved in several developing stage projects with DDEQ will coordinate the
site. Safari Media Inc. offers their customers an effective, enticing multimedia
presence.
The company believes it offers an ideal blend of talented graphic artists and
programmers fluent in the latest Internet technologies. (To find out more about
Safari Media, you may visit their web site at www.safari-media.com).
Safari Media has proven experience with WEB development and is very enthused
about GoProfit.
James, Safari Media project manager for the GoProfit.com site stated, "We are
pleased to welcome GoProfit to a long list of companies that we have done
quality work for and we look forward to the challenge of meeting the demands of
the site. We are looking forward to having phase one of the re-launch completed
soon."
David Westfere, president of Diamond Equities Inc. stated, "The company intends
to deliver the GoProfit stock dividend previously promised to Diamond
shareholders. The condition of GoProfit and its finances have caused major
delays in the re-launch and IPO of the company.
"With the help of Safari Media, the re-launch of the site should attract
well-known investment banking firms causing GoProfit.com to become a market
presence as soon as possible."
In keeping with the company's market objectives and ongoing commitment to its
shareholders, Diamond also anticipates the future development of other high tech
companies. Diamond shareholders would benefit through future dividends from
these "yet to be announced" projects.
Forward-looking statements in this release are made pursuant to the "Safe
Harbor" provision of the Private Securities Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties, including without limitation, capital availability and needs,
competition for the company in developing high tech companies, the company's
dependency upon third-party service providers and actions of government
agencies, intellectual property rights, successful development of technology,
potential obsolescence, and other risks detailed from time to time in the
company's periodic reports.
The company assumes no obligation to update the information in this release. For
more information, contact David Westfere, president, Diamond Equities Inc.
602/462-5900 or fax 602/462-9073.
Distributed via COMTEX.
Copyright (C) 2000 Business Wire. All rights reserved.
-0-
CONTACT: Diamond Equities Inc., Mesa
David Westfere, 602/462-5900
Fax: 602/462-9073
KEYWORD: ARIZONA
INDUSTRY KEYWORD: BANKING
COMPUTERS/ELECTRONICS
E-COMMERCE
INTERNET
NETWORKING
MARKETING
AGREEMENTS
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