***** NEWS RELEASE *****
Let's hope it helps the stock price tomorrow, I feel like I've been bent over and slammed!
AllnetServices.com Corp. Signs Letter of Intent to Acquire Computer Solutions Company; Launches Marketing for New Internet Site
PR Newswire - June 03, 1998 18:29
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CORAL SPRINGS, Fla., June 3 /PRNewswire/ -- AllnetServices.com Corp. (OTC Bulletin Board: AWEB) today announced the signing of a Letter of Intent to acquire a computer company in New York. The eleven-year-old company had 1997 revenue totaling more than $1.2 million. The company provides comprehensive computer hardware, software and systems solution placing a special emphasis on Electronic Filing Cabinet Systems, LAN/WAN and NT Systems Networking Solutions and Internet Home Page Advertising. They also manufacture custom configuration PCs, provide Theft Deterrent Solutions, Systems Integration and Consulting Services. Signing of a final purchase agreement is expected within thirty days, subject to the completion of due diligence.
AllnetServices.com also announced it will be launching the first of several new marketing and advertising campaigns aimed at increasing the traffic at its two e-commerce sites: goingonce.net, the 24-hour interactive online auction, and its newest Internet site allnetdirect.com, which lists over 45,000 computer products from more than 700 manufacturers including Intel (INTC), Microsoft (MSFT), Compaq, (CPQ), IBM (IBM), Hewlett Packard (HP) and hundreds more. Additionally, the company anticipates its third online etailing site, allmonitormall.com, to be operational by June 19th.
The Company, which was formed in April 1997, spent seven months designing proprietary, fully scalable systems architecture for the Internet shopping marketplace. AllnetServices.com specializes in the marketing and distribution of a broad range of products and services at wholesale prices to both consumer and trade customers through its Internet-related businesses.
To visit AllnetServices.com Corp.:
allnetservices.com
allnetdirect.com
goingonce.net
allmonitormall.com
Or contact Mark E. Merhab, Chairman, mmerhab@allnetservices.com 949-462-3937
To receive an investor packet go to allnetservices.com and link to the company's investor page. There, you can simply fill out and submit a form request on line.
SOURCE AllnetServices.com Corp.
/CONTACT: Mark E. Merhab, Chairman, for AllnetServices.com Corp.,
949-462-3937, mmerhab@allnetservices.com/
/Web site: goingonce.net
/Web site: allnetdirect.com
/Web site: allmonitormall.com
/Web site: allnetservices.com
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