Here's a 20c stock going the KTEL way?
TO: PRESS RELEASE DISTRIBUTION DATE: May 28, 1998 SUBJECT: ARALDICA EXPANDS INTERNET EXPOSURE
New Rochelle, New York FOR IMMEDIATE RELEASE
ARALDICA WINERIES, LTD. (NASD-BB: AWLT) Louis D. DeSantis, President announces today that Araldica has exceeded expectation for initial internet sales. "Araldica had projected Mediterranean Diet Club, our exclusive line of Italian gourmet products to have respectable sales. However, due to the immediate response to our website, we have determined to aggressively expand our exposure on the World Wide Web. We will utilize all of the major search engines including Yahoo, Infoseek, Lycos, Altavista and Excite for the greatest exposure on the internet.
DeSantis continued, " We are confident that this program will have a positive impact on the company's sales and earning."
The tremendous success that companies like K-Tel Records, Amazon.com and many others have received from the internet has prompted Araldica to focus a large portion of its marketing and sales effort onto the internet.
DeSantis said, "We have entered a new chapter in our ongoing effort to become a dynamic force in the direct marketing of imported and domestic gourmet foods and Italian wines. We have started internet sales with Mediterranean Diet Club, our exclusive line of Italian gourmet products. Also, Italian wine is now offered initially in New York State with other states to follow. Finally, we are featuring the finest imported Russian caviar available anywhere."
Already Araldica has received 'hits' on the internet site from over 45 countries around the world and from almost every state in America. Araldica is committed to providing customers the best possible prices and superior customer service, expanded offerings, while improving operating margins.
ARALDICA WINERIES, LTD. (OTC/BB symbol "AWLT") is a public company engaged (since 1993) in the nationwide marketing of premium Italian olive oils and specialty foods, and the sale of custom-labelled premium Italian wines.
FOR FURTHER INFORMATION: Louis D. DeSantis, President &Chief Executive Officer Araldica Wineries, Ltd. 2 Hamilton Avenue, Suite 207 New Rochelle, NY 10801-3523 Tel: 914-636-0500; E-M araldica@idsi.net; WWW: www.araldica.com |