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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce

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To: James Mitchell who wrote (876)7/24/1998 5:49:00 PM
From: DeWAVE  Read Replies (2) of 2752
 
MORE NEWS... will it ever stop... LOL

AllnetServices.com Corp. and Digital River Enter Software Distribution Agreement

CORAL SPRINGS, Fla.--(BUSINESS WIRE)--July 24, 1998-- AllnetServices.com Corp. (OTC:AWEB) today announced the company has entered into an Electronic Software Distribution (ESD) partnership with Digital River, the world's largest online database of software products.

As a result of the partnership, Allnet will offer its customers, for the first time, the opportunity to purchase and download software directly from three of its Internet sites, as opposed to physical delivery of boxed products only. As part of the Agreement, Digital River will provide Allnet with access to its vast inventory of more than 100,000 digital products. Additionally, Digital River's SSL-secured e-commerce engine will perform credit card screening and export management for all electronically downloaded software sales.

"The partnership formed through the ESD created by Digital River allows us to offer incremental sales at no additional cost while customers can experience their purchases immediately," said Robert Aubel, President and CEO of Allnet. "Digital River's proprietary technology for digital delivery, commerce and encryption systems complements, perfectly, Allnet's security and etailing network. This Agreement adds a great alternative for our customers and is an excellent addition to our growing list of products."

AllnetServices.com Corp., which was formed in April 1997, spent seven months designing proprietary, fully scalable systems architecture for the Internet shopping marketplace. The Company specializes in the marketing and distribution of a broad range of products and services at wholesale prices to both consumer and trade customers. Its Internet-related businesses include: AllnetDirect.com, which lists over 45,000 computer-related products, similar to Insight.com (NSIT); GoingOnce.net, a 24-hour on line auction, similar to that of OnSale.com (ONSL); AllmonitorMall.com, the first Web site dedicated solely to offering all monitor-related merchandise; and AllnetServices.com, which offers Web hosting, professional graphics design and animation, data base management and site development. -0- *T

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 visit Digital River: digitalriver.com
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