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Technology Stocks : ABOM, V.AIR Airbomb.com Inc.

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To: Goalie who started this subject2/15/2001 1:47:41 PM
From: Goalie   of 50
 
Excellent news!

Airbomb.com Inc
Launches Online Partnership Program
2/15/01

AIRBOMB.COM INC ("AIR-V;ABOM-L") - Launches Online Partnership Program

David Houston, President, on behalf of the Board reports:

Airbomb.com Inc. is pleased to announce that it has launched a web partnering
strategy to provide online shopping solutions to retail bicycle stores, wholesalers
and distributors on a global basis. Airbomb has created a "web store template"
that allows retail and wholesale businesses to create their own internet web
store. Airbomb provides the products and both the front and back-end
management to these web stores with e-BOSS. "The internet is providing the
bike industry a better way to do business. B2B marketplace providers such as
Airbomb are creating ways to do business, save money and cut inefficiencies,"
said company President and CEO David Houston.

e-BOSS (e-Business On-line Shopping Solution) was created by Airbomb and is
a fully serviced online shopping solution with both front and back-end
management capabilities. All product logistics management and fulfillment will be
provided by Airbomb. "Bike stores can create a fully functional on-line shopping
site quickly and for a fraction of the cost. Airbomb's involvement is invisible to the
customer but will add to Airbomb's bottom line as all the online orders are
managed and fulfilled by Airbomb with the store receiving a commission,"
continued David Houston. "It works perfectly for both the store and Airbomb."

Airbomb launched the program with partner, NSMB.COM
(NorthShoreMountainBiking), a major online content provider to the biking world,
to create a cost effective online shopping solution for visitors to the NSMB site.
The new online store is a mirror image of Airbomb's online store but has been
customized to match the look and feel of the NSMB site.

"The e-BOSS program allows us to reach out even further to well-targeted
consumers as we partner with mountain biking related websites globally. This
online solution can be provided to the more than 7,000 bicycle retailers in the
United States and Canada that would like to have an online presence but don't
have the knowledge or the resources to do so." stated Eugene Duke, Airbomb's
Manager, Marketing and Promotions.

By providing both front and back-end management, affiliate sites can be created
and running "live" in about 48 hours. Airbomb also maintains the ability to update
affiliate sites with new products and specials almost instantly. The revenue
potential for these sites is only limited by the partners' ability to market their
on-line store and generate sales. The more resources an affiliate dedicates to
that activity, the more sales they can expect. As well, Airbomb expects to
dramatically increase their B2B sales to these stores as the program grows.

About Airbomb.com Inc.

Airbomb.com Inc. is a B2B and B2C internet e-tailer and distributor of mountain
bikes and related parts and accessories. The Company is unique because it has
developed strong relationships with some of the largest original equipment and
component manufacturers (OEMs) in Asia and North America. Selling products
direct from the manufacturers to the consumers and retail dealers at wholesale
prices or less allows Airbomb.com customers significant price advantages over
the competition.

According to the World Market Report International Bicycle Statistics, 1999
Interbike Directory, the United States retail market for bicycles and related parts
and accessories is approximately US $5.4 billion and US $25 billion globally.

Further disclosure of the Company's activities can be found in the "Investors"
section at www.airbomb.com.

About NSMB.COM

In less than a year NSMB.com (NorthShoreMountainBiking) has become the
online destination for freeride mountain bikers. Freeriding is the hottest, most
vibrant market in cycling today and until NSMB.com came along the
entertainment and information needs of this thirsty group were not being
addressed not even in print. Based around Vancouver's world famous North
Shore, NSMB.com attracts visitors from over 60 countries and has the sort of
traffic numbers that turn established sites green. NorthShoreMountainBiking's
focus is to deliver inspiration, entertainment and information that is the creme de
la creme.

Airbomb.com Inc. FAX: 1-604-689-1722 Toll-free: 1-800-639-0544 Email:
airbomb@senategroup.com INET : www.airbomb.com

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