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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

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To: Kimberly Lee who started this subject11/16/2000 1:02:57 PM
From: SmartStockAdvsr.com   of 2994
 
HouseHold Direct Updates Corporate Profile Information; Business Plan Targets 60 Million Members

NEW YORK, Nov. 16 /PRNewswire/ -- HouseHold Direct.com, Inc. (OTC Bulletin Board: BYIT - news). HouseHold Direct announced today that it has upgraded the Due Diligence and investor information section of the Web Site (http://www.householddirect.com). The information can be accessed by clicking the corporate info button directly from the home page.

An abbreviated version of the new business plan, representing the shift of corporate market focus towards the existing 60 million members of private and public buying club operations is available online. Additionally, it is an important part of the consolidated investor and shareholder awareness campaign undertaken by HouseHold Direct during this dramatic period of transition from the development to the operational stage. These efforts are designed to increase the visibility of the Company. To request a complete copy of the current Business Plan, please e-mail your request to: ajameson@householddirect.com.

The Company's broader executive management team and the additional resources available to accomplish this larger implementation strategy present new and expanded opportunities that are expected to be beneficial to our shareholders as HouseHold Direct pursues an expanded market presence.

``HouseHold Direct is one of a smaller number of companies that has successfully accomplished the transition to a fully reporting status on the OTCBB,'' stated John Folger, CEO. ``That reporting status has initiated a business plan that projects revenues, profits and earnings as a means to drive shareholder value during the early stages of operational development.''

The Company also expects to realize substantial gains by the continual acquisition of retail and wholesale distribution enterprises in order to offer a well rounded technology and fulfillment platform that can assist manufacturers and distributors in achieving a higher level of profitability while improving sales efficiency and velocity. The ``brick and click'' business platform is designed for rapid expansion and integration within the traditional business distribution channel.

About HouseHold Direct

The mission of HouseHold Direct is to empower consumers by creating the largest and most powerful private wholesale consumer-buying network in the world. HouseHold Direct is pursuing a market consolidation strategy within the wholesale membership industry through its ``brick and click'' shopping platform. Central to this strategy is the ability to offer direct manufacturer and distributor pricing, extensive information, merchandise expertise, fulfillment capabilities, in-home delivery and quality customer service to our members. This superior personalized shopping environment and consumer experience creates the ability to ``live much better for much less.''

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.

SOURCE: HouseHold Direct.com, Inc.

Disclaimer: SmartStockAdvisor is a compensated agent of HouseHold Direct.com, Incorporated. Please see the following link for the complete disclosure:
Message 14473677

CONTACT: Investor Relations - SmartStockAdvisor.com,
Toll Free: 877-643-8821, E-mail: smartstockadvisor@yahoo.com
Web Site: 1stnettech.com
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