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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: One Voice who wrote (3368)6/9/1998 11:33:00 AM
From: maria  Read Replies (2) of 4783
 
News. . . .

(BSNS WIRE) Packaging Plus' Subsidiary MANHATTAN CONCIERGE Unveils Its N
Packaging Plus' Subsidiary MANHATTAN CONCIERGE Unveils Its New Web Site and
Increased Revenues


Business Editors

PLAINVIEW, N.Y.--(BUSINESS WIRE)--June 9,1998--Packaging Plus
Services, Inc. (OTC BB:PKGP) announced that its subsidiary, MANHATTAN
CONCIERGE, has unveiled its newly developed web site
(http://www.manhattanconcierge.com. MANHATTAN CONCIERGE is a national
provider of premium seats for national and international events such
as Broadway and off-Broadway shows, concerts, sporting events, tours
and restaurants. The company's motto is "ANY TICKET, ANY TIME,
ANYWHERE".
Michael Lepson, Director of Manhattan Concierge, stated, "Between
our knowledgeable staff and industry contacts we are able to make the
customers' evenings or weekends more enjoyable. MANHATTAN CONCIERGE is
proud to offer availability of premium seating to what is currently
the most difficult ticket in New York, The Lion King". Mr. Lepson
added, "Revenue has increased dramatically with the introduction of
the web site. In addition, through joint ventures and partnerships
with entities such as Aladdin Travel, MBNA Bank and the Japanese
Travel Bureau International, we are anticipating continued rapid
revenue growth of $4,000,000 to $5,000,000 annually."
MANHATTAN CONCIERGE also currently has over 9,000 members who pay
an annual fee to receive updates on shows and events and exclusive
rights for advance ticket sales. Furthermore, another Packaging Plus
subsidiary, THE ASSOCIATION OF PACKAGERS AND CARRIERS (APAC) is
presently testing direct phone lines to MANHATTAN CONCIERGE from
selected APAC member locations nationwide.
PKGP owns and operates several subsidiaries in the packaging and
shipping businesses, including THE ASSOCIATION OF PACKAGERS AND
CARRIERS (APAC), a nationwide association of independent
postal/business service centers. The Association provides access to
business services and logistically convenient and cost effective
delivery of goods worldwide. PKGP's other subsidiaries are engaged in
advertising and support services for that Association.

--30--rc/ny*

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KEYWORD: NEW YORK
INDUSTRY KEYWORD: ENTERTAINMENT COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT

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