Play Co. Toys & Entertainment Corp. Announces That Its Subsidiary, Toys International.COM, Inc., Presented Its Cooperation Agreement With KPNQwest France at the MIPCOM Trade Show in Cannes, France on October 4KPNQwest France Supplies Internet-Infrastructure OTC BB SYMBOLS: Common Stock - PLCO Series E Preferred Stock- PLCOP Series E Preferred Stock Warrants - PLCOW
SAN MARCOS, Calif., Oct 11, 2000 /PRNewswire via COMTEX/ -- Play Co. Toys & Entertainment Corp. (OTC Bulletin Board: PLCO) ("Play Co. Toys" or the "Company" for Play Co. Toys and subsidiaries collectively) announced that its subsidiary, Toys International.COM, Inc. ("Toys International.COM") presented details of its cooperation agreement with KPNQwest France to market the recently introduced Toys International media concept TX40 at the MIPCOM trade show in Cannes, France on October 4. KPNQwest France is a subsidiary of KPNQwest which is a joint venture of the leading Dutch telecommunications company KPN (NYSE: KPN) and Qwest Communications (NYSE: Q), KPNQwest France will supply bandwidth on its modern high-speed Internet infrastructure and use the innovative www.TX40.net website to demonstrate its broadband services.
"KPNQwest is pleased to have been selected by Toys International.COM to provide TX40 with all the services required to meet its ambitious growth targets. This initiative between Toys International.COM and KPNQwest France guarantees Toys International.COM state-of-the-art technology with high-speed macro-capacity bandwidth services for TX40," said Guy Link, French Marketing and Communications Director at KPNQwest.
About Toys International.COM:
Toys International.COM (Frankfurt: Ty40) is a toy retailer headquartered in the USA, which combines conventional outlet stores with virtual Internet business. The Company markets high-quality toys, educational toys, children's books and videos through 34 retail stores in the USA as well as via the Internet in Germany. Toys International.COM operates the website www.webjumbo.de in Germany, as well as www.toyswhypayretail.com in the USA. This year the website www.webjumbo.de was voted the best online toy retailer in Germany by the Internet consumer magazine www.Gold.de.
Additionally, the Company has plans to develop further websites in other European languages with the goal of reaching more European markets in order to establish a Europe-wide network of Internet offers tailored to the individual needs of the various countries.
In addition to that, Toys International.COM is currently working on TX40, a revolutionary new media concept and Web presence. TX40 restricts the regularly occurring, high expenses for Internet advertising, while maintaining the number of hits as well as the loyalty of site visitors at a constant high level. This concept will be celebrating its inception at a major international launching event of 25th of October 2000.
About KPNQwest:
KPNQwest (Nasdaq: KQIP; ASE: KQIP) is a leading facilities-based, pan-European provider of data-centric services based on Internet Protocal (IP). It is deploying a technologically advanced 20,000 km fiber-optic network connecting 50 cities throughout Europe and provides a full portfolio of data-centric IP-based services and other advanced telecommunications services, including a pan-European Digital Subscriber Line service. KPNQwest is one of the largest business ISPs in Europe with operations in 15 countries. KPNQwest has twelve CyberCenters(TM) and has announced plans to build a further eighteen 10,000m2 CyberCenters across Europe, on its high-capacity fiber-optic network to provide web-hosting, application sharing and telehousing services. Website: www.kpnqwest.fr
Play Co. is a toy retailer with 34 stores located in nine states. 34 of those stores are operated by the Toys International subsidiary (publicly traded on the Frankfurt Stock Exchange in Germany.) The Company operates under the Play Co. Toys, Toys International and Toy Co. trade names. The Company specializes in offering educational, specialty, collectible, specialty imported and traditional toys.
Statements contained in this press release which are not historical facts may be considered forward looking information with respect to plans, projections, or future performance of Play Co. Toys as defined under the Private Securities Act of 1995. These forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected.
SOURCE Play Co. Toys & Entertainment Corp.
CONTACT: Play Co. Toys, 760-471-4505, fax, 760-471-9624
URL: kpnqwest.fr toyswhypayretail.com playco.com prnewswire.com
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