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Microcap & Penny Stocks : QSOUND LABS INC - - QSND - - ACER GROUP - - IBM

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To: MF who wrote (823)	6/29/2000 1:31:00 PM
From: Walter Morton	of 857

QSND & NewAgeCities.com ink deal NEWAGECITIES COM INC filed this 10KSB on 04/14/2000. Strategic alliances Our alliance with QSound Labs provides us with licenses for Internet Store and AffiliateDirect. Internet Store is the e-commerce software that will serve as the backbone for all of our online shopping activities. Our online stores are created using this software. In addition, Internet Store allows us to offer other merchants the chance to open their own online stores. AffiliateDirect is the software that allows Web page owners to sell any of our products on their pages and earn a commission. We believe that Internet Store and AffiliateDirect are already two of the most complete and easy-to-use In addition, QSound has agreed to customize the software to our specifications. QSound Labs will receive 3% of Web site revenues generated from product sales using their software. In addition, they received 400,000 shares of common stock and options to purchase 125,000 shares of our common stock exercisable at $2.25 per share over a five year term, which has been valued at $671,250. NewAgeCities.com?s web sites include: newagesound.com NewAgeCities.com MINDBODYSTORES.COM REVBILL.COM PSYCHICCITIES.NET KKINGSTON.COM PSYCHICITIES.COM NEWAGEBODY.COM NEWAGEWOMAN.COM NEWAGESECURE.COM STOCKSNSTARS.COM SEARCHNEWAGE.COM NEWAGEAUCTIONS.COM WAMBLINUNPA.COM NACTCORP.COM NEWAGELOVE.COM ASKMOTHEREARTH.COM NEWAGETALK.COM JILLDAHNE.COM LOVEOILS.COM ASTROCITIES.COM NEWAGEBIZ.COM NEWAGEB2B.COM

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