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Technology Stocks : shopping.com (IBUY)

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To: Sir Auric Goldfinger who wrote (194)12/14/1998 11:06:00 AM
From: afrayem onigwecher  Read Replies (2) of 435
 
<> and no competitive edge..................<>

Shopping.com was founded with the mission to be the dominant low-price leader on the Internet, selling brand-name consumer products every day. Shopping.com is an online retailer offering more than 2 million item selections of top brand-name consumer products organized by category. Shopping.com targets both the consumer and commercial markets utilizing state-of-the-art proprietary systems technology.

Shopping.com competes with other Internet retailers such as CDnow (Nasdaq:CDNW) at cdnow.com, for music; Amazon (Nasdaq:AMZN) at amazon.com, Barnes and Noble (NYSE:BKS) at barnesandnoble.com and Books-A-Million Inc. (Nasdaq:BAMM) at bookamillion.com, for books; Cyberian Outpost Inc. (Nasdaq:COOL) at outpost.com and CompUSA Inc. (NYSE:CPU) at compusa.com, for computers; and Staples Inc. (Nasdaq:SPLS) at staples.com, for office products; along with the AOL and Yahoo shopping sites.

Shopping.com offers millions of brand-name products to the Internet shopper, including computers, books, office products, CD's, pet supplies, housewares and more.

Shopping.com provides everyday low prices and fast delivery using direct vendor shipping, secure online payment protection, and customer-friendly check-out services to ensure a user-friendly Web shopping experience for the Internet shopper. Visit Shopping.com's Web site at www.shopping.com or www.IBUYstores.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this news release (as well as information included in oral statements or other written statements made or to be made by Shopping.com) contains statements that are forward-looking, such as statements relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of Shopping.com. For a description of additional risks and uncertainties, refer to Shopping.com's filings with the Securities and Exchange Commission, including Forms 10-K and 10-Q.

CONTACT:

Shopping.com, Corona Del Mar

Frank Denny, 949/640-4393, fax: 949/640-4374

www.shopping.com

or

Coffin Communications Group, Sherman Oaks, Calif.

Sanjay Sabnani, 818/789-0100, fax: 818/789-1152

KEYWORD: CALIFORNIA

BW0026 DEC 11,1998

5:45 PACIFIC

08:45 EASTERN
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