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Technology Stocks : IOTI - IndexOnly.com New Proprietary Search Engine

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To: Needticker who wrote (59)8/24/2000 8:59:11 AM
From: Needticker  Read Replies (1) of 61
 
Indexonly Technologies Inc. Appoints Peter Ribeiro as Chief Operating Officer
and Director Online Business Directory Fortifies Its Management Team to Lead Its
Expansion Across the US and Beyond

LAS VEGAS, Aug 24, 2000 /PRNewswire via COMTEX/ -- Indexonly Technologies Inc.
(OTC Bulletin Board: IOTI) today announced that it has appointed Peter Ribeiro
as chief operating officer and director. As Chief Operating Officer and
Director, Peter will oversee operations of Indexonly's finance, legal,
production and marketing departments. Peter will also be instrumental in
directing the company's future growth in the wireless marketplace.

"We are excited to have been able to hire someone of Peter's caliber and
experience," said Cliff Sweeney, president and CEO of Indexonly. "We are
confident that Peter's strengths in creating partnerships and alliances will
enhance Indexonly's position and dominance in the marketplace and further
fortify our management team. Peter will draw upon his extensive high-tech
management experience to ensure that we sufficiently scale our company to
support its next phases of growth."

Peter Ribeiro has been actively involved in the consumer high-tech industry for
over 20 years, with experience in both business-to-business and
business-to-consumer market segments. Peter brings over 12 years of experience
as a senior business manager for western Canada's most progressive retailer of
high tech products, London Drugs Ltd. During his tenure at London Drugs Ltd.,
Peter was instrumental in helping the company gain new market share,
specifically leading a Consumer High Tech Electronics Retail Division that is
now considered a market leader in several categories. Peter was formerly
appointed as a member of the Business Process Improvement Team spearheaded by
Deloitte & Touche due to his creative ability to "think outside the box". In
addition to being a project leader for many development teams, Peter has also
led a team of over 70 department managers and 500 sales staff to the successful
delivery of budgeted growth and overall profits. Peter's strengths in
innovation, leadership, extensive knowledge of the high tech industry, contacts
in the wireless industry and vision for future growth have made him an asset to
all his business ventures.

About Indexonly.com

Indexonly Technologies, Inc. has developed and markets www.indexonly.com , the
first Internet business directory to successfully combine the proven strategy of
franchising with Internet advertising. Consumers and businesses now have global
access to a comprehensive and relevant listing of products and services in any
state/province, city or town. Advertisers now have affordable Internet
advertising that can be targeted on a global or regional scale. With a growing
database of over 17 million business records, organized into 6,500 active
categories in over 36,000 communities throughout the United States and Canada,
Indexonly.com is revolutionizing the way people search and businesses advertise
on the Internet. For more information, contact the company at 2421 Tech Center
Court, Suite 100, Las Vegas, Nevada 89128, USA Tel: 1-888-314-1112, Fax:
702-341-9771 or visit the company web site at www.indexonly.com .

This release contains forward-looking statements, including statements related
to financial and operating performance, franchise and advertising agreements,
and international expansion. These forward-looking statements involve risks and
uncertainties and actual results may differ materially. For a discussion of some
of the other risk factors that could affect Indexonly Technologies, Inc.'s
future results, see the discussion of "Risk Factors" in Indexonly's SB-2.
Readers are cautioned not to place undue reliance in these forward-looking
statements.

All trademarks and registered trademarks are the property of their respective
owners.

Indexonly.com Contact Agency Contact:
Karen Whiton Leanne Pawluk
Marketing & Communications Executive Verrecchia Group
Tel: 1-888-314-1112 Tel: 403-762-4718
Fax: 702-341-9771 Fax: 403-762-4713
E-mail: karen@indexonly.com E-mail: leanne@vergroup.com

SOURCE Indexonly Technologies Inc.

CONTACT: Karen Whiton, Marketing & Communications Executive of Indexonly
Technologies, 888-314-1112, or fax, 702-341-9771, or karen@indexonly.com; or
Leanne Pawluk of Verrecchia Group, 403-762-4718, or fax, 403-762-4713, or
leanne@vergroup.com

URL: indexonly.com
prnewswire.com

(C) 2000 PR Newswire. All rights reserved.
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