(COMTEX) B: M&A West Inc. Subsidiary Website-Funding.com Accomplishes
B: M&A West Inc. Subsidiary Website-Funding.com Accomplishes Beta Phase
Successfully; Company Ready to Take Financing Site to Next Level
SAN BRUNO, Calif., Aug 7, 2000 (BUSINESS WIRE) -- San Francisco Bay Area
Internet technology company M&A West Inc. (OTCBB: MAWI) announces the success of
its recently launched Website-Funding.com (www.website-funding.com).
Open for business in April of this year, Website-Funding.com is an online
resource for companies seeking capital to develop or grow their Internet
presence by offering flexible financing options for clients of Web developers
worldwide, from large corporations to start-ups.
"M&A West is filling the void created by lenders that are hesitant to provide
financing for Internet development, software or Web enhancements," said Scott
Kelly, president and CEO of M&A West. "Instead of tying up a large amount of
capital, companies have started borrowing money for Web development, similar to
leasing office equipment or financing telecommunications systems. Through
Website-Funding, they are making affordable monthly payments and still have cash
in the bank."
Now complete with its "beta" phase, Website-Funding.com is ready to take its
financial offering to the next level by offering debt financing for
entrepreneurs. The newly re-designed site is currently expanding its
relationships with additional finance companies of all sizes.
About M&A West Inc.
M&A West Inc. has four primary business objectives. The first is to be a leader
in the acquisition and development of Internet and technology companies. The
second is to provide seed capital to newly emerging Internet companies. The
third is to provide a full line of business services to emerging micro-cap
companies to increase awareness of their business. The fourth is to create and
grow offshoot Internet-related companies under the M&A West Inc. umbrella.
Other companies in this space include Internet Capital Group Inc. (Nasdaq:
ICGE), CMGI Inc. (Nasdaq: CMGI) and Divine InterVentures Inc. (Nasdaq: DVIN)
M&A West Inc.'s portfolio of Investments Includes:
EBusiness solutions company Digital Bridge Inc. (OTCBB: DGBI)
(www.digitalbridge.com), online financial services firm VLDC Technologies (OTC:
PCLO) (www.pcloans.com), music entertainment company Ronlan Entertainment
(www.ronlan.com), Workfire Networks Inc. (www.workfire.com), venture capital
portal VentureList.com (www.venturelist.com), Internet service provider
Sierra-Net, electronic communications network eCapX.com (www.ecapx.com), stock
research engine InvstorPackages.com (www.investorpackages.com) and computer
security services provider InvincibleNet.com (www.invinciblenet.com).
Recent news releases and additional information about M&A West Inc. may be found
on the company's home page at www.mawest.com.
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of
1934 and as that term is defined in the Private Securities Litigation
improvement Act of 1995. The company intends that such statements about the
company's future expectations, including future revenues and earnings and all
other forward-looking statements be subject to the safe harbors created thereby.
Since these statements (future operational results and sales) involve risks and
uncertainties and are subject to change at any time, the company's actual
results may differ materially from expected results.
CONTACT: M&A West Inc.
Rick West 650.827.7308 (Public Relations)
Rick@mawest.com
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