OFF TOPIC
Wal-Mart has introduced their new computer Built-To-Order on their web site
wal-mart.com
AMGV has been chosen as the exclusive computer BTO for this site. Offering their "Avail"
brand computer on Wal-Mart Online and also Microsoft's 12 million plus Hotmail.com
subscribers.
availpc.com
hotmail.com
The growth opportunity for AMGV through this valuable association with Wal-Mart and
Microsoft is tremendous.
Business Wire
AMERICAN GENERAL VENTURES PROVIDES
BUILD-TO-ORDER COMPUTERS ON WAL-MART
STORES INC.'S ONLINE STORE BUSINESS AND HIGH
TECH EDITORS
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Aug. 5,
1998--American
General Ventures, Inc. (OTC BB:AMGV.O), through its wholly owned
subsidiary ACI Micro Systems, Inc. (ACI) announced that its
Build-To-Order (BTO) desktop, tower and notebook computers are now
available at Wal-Mart Online (www.wal-mart.com).
American General Ventures has been selected as the exclusive
vendor for the Wal-Mart BTO computer program.
The Company began its partnership with Wal-Mart Stores, Inc.
(NYSE:WMT.N) in 1995 by distributing its pre-configured computers
through numerous Wal-Mart retail outlets. Because of the success ACI
had with these retail stores, expanding its presence from eight to 70
stores in one year, the Company was asked in June 1997 to feature its
computers on the retailer's new Internet storefront. ACI's "Avail"
line of pre-configured computers has since occupied a prominent
position on that web site and is consistently a featured item. The
Company believes that the BTO computer program will greatly exceed the
sales of previous programs as it allows consumers to custom configure
a computer to their own particular desires and represents the fastest
growing segment of the personal computer industry.
The Company also recently announced that it has implemented its
own secure e-commerce web site to increase the marketing and
distribution of its computer products via the Internet. The Company's
web site (www.availpc.com) is promoted through Hotmail, a free e-mail
service owned by Microsoft (NASDAQ:MSFT.O). Hotmail's membership of
over
16 million registered users makes it the world's largest free e-mail
service. The Company's web site features a direct link to Wal-Mart's
BTO web site.
--30--MG/dx*
CONTACT: American General Ventures, Inc.
Investor Relations, (719) 548-1616 x16 |
