Slim,
This is going out on Business Wire in a few minutes, let you guys have a peak first...
ARALDICA ANNOUNCES COMMENCEMENT OF PRODUCT SALES ON ITS INTERNET SITE
May 14, 1998...ARALDICA WINERIES, LTD. (OTC:BB - AWLT) announced today that it has commenced sales of its Italian wine, olive oil and speciality food products on its Internet site (araldica.com).
The company currently has listed, at discount prices, some 100 of its approximately 1,000 imported and domestic food and beverage products, and selected premium wines from its inventory of Antogianni, Bove, DeSio, Principe di Corleone and Malvell brands.
All products are expected to be available on-line within the next 30 days, and the company is establishing and staffing an entirely new department to handle projected Internet sales.
The company announced that its toll-free order line (1-888-473-2400) instantly started to receive orders, within two minutes of the establishment of the links to the company's home page.
The American consumer's recently demonstrated acceptance of the Internet as a source for the purchase of all types of products leads the company to believe that its Internet sales will, by the Fall
of 1998 at the latest, be equal to or surpass its present sales to distributors, wholesalers and retail stores.
ARALDICA WINERIES, LTD. (OTC:BB - AWLT) is a public company engaged (since 1993) in the nationwide direct marketing of premium Italian olive oils and speciality/gourmet foods, as well as the direct marketing of custom-labelled premium Italian wines on a state-by-state basis. |
