News out on ETPI - web site completed ahead of schedule - looks good!
HOUSTON--(BUSINESS WIRE)--Dec. 21, 1998--Entertainment
Technologies & Programs Inc. (OTC BB:ETPI), a fully integrated
entertainment and amusement gaming company, is pleased to announce
today's grand opening of Performance Sound & Light on-line catalog
( performance-s-l.com ), two weeks ahead of their original
schedule.
As was stated in a prior press release, Performance Sound & Light
has experienced a substantial increase in sales in the past week
coinciding with the initial opening of the web site, which was still
under construction and included a very limited selection.
Chairman/CEO James D. Butcher commented, "We feel our product mix
and prices are the finest in the industry. Our paper catalog was very
successful in generating sales, and we feel the internet provides us
with an even greater opportunity to introduce our product line and
guaranteed low prices to the consumer. Based on preliminary results,
we anticipate a substantial increase in revenues next year from the
Performance Sound & Light division as awareness grows. We are actively
reviewing methods to advertise and market our web site, including
major shopping search engines such as Yahoo! (Nasdaq:YHOO), Excite
(Nasdaq:XCIT), and Microsoft's (Nasdaq:MSFT) MSN shopping network.
Additionally, we will aggressively pursue methods of communicating our
site to potential customers through direct e-mails to users of
professional sound and lighting equipment, and establishing links to
web sites supporting groups such as night clubs, disc jockeys,
churches, bowling alleys and other major customers of sound and
lighting equipment."
With the opening of the Performance Sound & Light web site, the
company will now turn its focus to the development of an on-line
booking and concert promotion web site for Vision Quest Productions,
which is slated for completion in January.
--30--SCP/ho*
CONTACT: Entertainment Technologies & Programs Inc., Houston
Pete Cahill, 281/486-6061
ETPNLife@aol.com |
