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Microcap & Penny Stocks : AREE - Formerly TVSI

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To: Jonas Grumby who started this subject8/10/2000 6:54:53 PM
From: dkgross   of 6528
 
AreteOutdoors.Com Signs on Veteran Outfitter Adventure Specialists

BOULDER, Colo., Aug. 10 /PRNewswire/ -- Arete Industries, Inc. (OTC Bulletin Board: AREE) subsidiary, Arete Outdoors announced today the signing of a contract to offer adventure travel from elite outfitters, Adventure Specialists of Westcliffe, Colorado through its website at www.areteoutdoors.com/channel/earth/camping.

(Photo: newscom.com )

Tom Raabe, Arete Industries CEO stated, "I'm extremely pleased to announce the Adventure Specialists agreement. This is a seminal benchmark for the Company. We are bringing a world-class product to market through the AreteOutdoors website. Adventure travel will not only generate revenues for the website, but will drive sales of our outdoor products and services." Adventure Specialists, established in 1970, offers
a wide selection of trips, including pack trips, wilderness programs, guided climbs, combination trips, and research adventures in Colorado's Sangre de Cristo Wilderness, Peru and Mexico's Copper Canyon. Their specialty is research expeditions. Owners Dr. Gary Zeigler and Amy Finger are archaeologist/explorers and have led more than 60 trips to Copper Canyon and 100 trips to the Inca regions in Peru.

In May, Dr. Ziegler and Cusco-based writer, Peter Frost led an Arete sponsored group of 10 adventure travel participants to investigate the remote Inca ceremonial site of Puncuyoc. Located right in Peru's wild Vilcabamba range, the seldom-visited 16th Century ruins are part of the last refuge of the Incas occupied in their final struggle against the Spanish conquest.

The group located a stone paved Inca road leading down in dense cloud forest and then discovered two worked stone structures that may have been associated with mountain worshipping rituals. Discovery of important Inca ruins by a Ziegler-lead expedition was filmed for a popular international TV program expected to be aired in 2001. Adventure Specialists has two more expeditions scheduled in August and October this year to the Vilcabamba region. They plan a return to Puncuyoc next May.

"I'm very excited to have Adventure Specialists as part of the Arete Team," said Marion Emmons, AreteOutdoors.com Adventure Travel Manager. "Their expertise in these particular regions, coupled with their enthusiasm, brings a unique experience to every traveler."

Mike Lowe, Arete Outdoors President, stated that the relationship with Adventure Specialists and his long time mountaineering, guiding and business partners, Ziegler and Finger are a cornerstone of the website. "Trips brought to the website by Adventure Specialists bring not only incredible adventure opportunities but will exemplify the high-end experience we intend to generate for users of the website. Their trips are unparalleled in terms of fun, life enriching quality and value.

Gary and Amy are truly exceptional individuals who will set the standard for the kind of adventurists whom we will bring together to create genuinely superior content to the website on all levels. It is my great honor to have them involved."

AreteOutdoors.com will offer all of Adventure Specialists' domestic and international trips, excursions, camps and custom adventures throughout the year on a straight commission basis as coordinated by the Adventure Travel Manager of the website, Marion Emmons, 'Adventure Girl'. AreteOutdoors.com will encourage the guides and customers to contribute articles, and product and trip reviews to the website on an ongoing basis. Ziegler and Finger will also rate other outfitters and offer reviews and travel advise through the website.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties not known or disclosed herein that could cause actual results to differ materially from those expressed herein.

For information contact: Eric Popkoff, President of Undiscovered Equities Research, Inc., Phone: (718) 998-8124, E-mail: ir@areteindustries.com SOURCE Arete Industries, Inc. -0- 08/10/2000

/CONTACT: Eric Popkoff, President of Undiscovered Equities Research, Inc., 718-998-8124, ir@areteindustries.com/ /Photo: NewsCom: newscom.com

AP Archive: photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 201-369-3467/ /Web site: areteoutdoors.com -- LATH123 -- 1039 08/10/2000 17:05 EDT prnewswire.com Copyright PR Newswire 1998. All rights reserved.
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