JUST THE BEGINNING Shopping.com Announces Exclusive Online Shopping Agreement with Netcom; Only Internet Retailer to Provide Netcom Customers with One-stop Shopping
CORONA DEL MAR, Calif.--(BUSINESS WIRE)--Dec. 21, 1998-- Shopping.com (OTC:IBUY) reached an agreement with Netcom to be the exclusive shopping site for Netcom members.
The new Netcom one-stop shopping area will enhance the online retail experience for its more than 2.1 million unique users.
"We are excited about the opportunities we will be providing to Netcom's members," said Pat De Micco, executive vice president of merchandising.
De Micco added, "They will now be able to shop in over 60 stores with only one checkout process and one credit card transaction. Shopping.com is committed to offering what no other online retailer can offer: one-stop shopping for products and services including travel packages, free e-mail and Web-hosting as well as business to business sales."
Shopping.com will be featured in Netcom's monthly Welcome Packets that reach more than 40,000 new members. Additionally, Shopping.com's offerings will be highlighted in Netcom's monthly e-mail billing statements.
About Shopping.com
Shopping.com was founded with a 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 booksamillion.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 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. Consumers can 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, please refer to Shopping.com's filings with the Securities and Exchange Commission, including Forms 10-K and 10-Q.
CONTACT: Shopping.com
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
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