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Gold/Mining/Energy : HCIFF, HCI.T

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To: Frank Fontaine who started this subject2/9/2001 4:02:39 PM
From: Frank Fontaine  Read Replies (1) of 160
 
(COMTEX) B: HCI Launches Platinum Intermedia at NRB 2001
B: HCI Launches Platinum Intermedia at NRB 2001

TORONTO, Feb 09, 2001 (Canada NewsWire via COMTEX) -- Heritage Concepts
International Inc.'s (HCI) (TSE:HCI) will launch its wholly owned subsidiary
Platinum Intermedia at the National Religious Broadcasters Convention in Dallas,
Texas, February 10 - 13, 2001.

"We are very pleased to be launching Platinum Intermedia with its branded
e-commerce platform at such a prestigious convention," said Jerry Janik,
chairman of HCI. "Platinum Intermedia is based upon a new model for web use.
It's based on local commerce not the world market, as most e-commerce platforms
have been structured."

HCI will introduce Platinum Intermedia through a series of scheduled
presentations with major broadcast companies that represent, in total, over 200
religious-format radio stations at NRB 2001.

"This is a fabulous opportunity for Platinum to gain exposure to a vast audience
of potential customers," said Raj Kalra, CEO of Platinum Intermedia. "There are
12,615 broadcast stations licensed in the US. The Christian format alone
represents over 1,100 of these."

Platinum Intermedia will install on the radio station's website a complete
branded e-commerce platform to allow visitors seamless online shopping. Until
the local industry e-commerce business is in full operation, Platinum Intermedia
is able to provide its website customers over 20,000 premium commercial grade
products from respected brand name manufacturers in the US, Pacific Rim and
Europe. Platinum Intermedia provides all inventory, warehousing, fulfillment,
financial transaction and customer service. Its turnkey e-commerce allows the
station website to earn commissions from every sale without investing capital,
staff or technical resources. Platinum Intermedia can customize the e-commerce
package to include the radio station's existing products and products tailored
for their audience or format.

Platinum Intermedia provides complete e-business solutions for radio stations.
It is an ASP (Application Service Provider) that brings cutting edge content and
e-commerce services for stations of all genres.

The company's goal is to provide radio stations customized service to their web
site that will boost their marketability and generate revenue, featuring dynamic
updates, news, stock reports and weather to real-time streaming audio. Platinum
Intermedia radio stations e-commerce revenue generated options, give online
purchasing power that exceeds the needs of the electronic marketplace.

HCI is a diversified, Canadian-controlled company operating in this new economy
through autonomous subsidiaries and partnerships. AcSys Biometrics is the
leading-edge provider of neural technology with applications for the financial,
manufacturing, security and medical sectors; Heritage Concepts are branded
restaurant environments in the foodservice and franchise sector, and Platinum
Intermedia represent growth partnerships in the audio communications industry
and internet-related businesses. HCI trades on the Toronto Stock Exchange.

%SEDAR: 00002884E


CONTACT: For further information: Darlene Marks, Director, Communicati
ns,
Heritage Concepts International Inc., 399 Pearl Street, Burli
gton, Ontario,
L7R 2M8, Phone: (905) 634-4111, Fax: (905) 634-1101, Email: i
vest(at)hci.ca;
Sam Galbraith, VP Business Development, Platinum Intermedia,
152 Northwest
Parkway, Suite H, Marietta, GA 30067, (770) 952-2656,
sgalbraith(at)interwebinc.org

News release via Canada NewsWire, Toronto 416-863-9350 -ME-

Copyright (C) 2001 CNW, All rights reserved

-0-


KEYWORD: TORONTO
SUBJECT CODE: PDT

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