VTCO Offers Online Auctions with NY Times conglomerate Auction Unverse-trading 3s
Business Wire - January 11, 1999 13:16
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 11, 1999--Virtual Technology Corporation (OTC BB:VTCO) (http://www.virtual-world.com), a premier
technology reseller, announced an alliance with Auction Universe, a division of Classified Ventures, to auction VTC products via the Internet.
Auction Universe whose media properties include more than 140 newspapers, as well as magazines, radio and television stations, collectively have a daily circulation
of over 19.5 million. Entering the market with companies such as eBay (EBAY), Ubid (UBID) and On-Sale (ONSL), the Auctions will be marketed via VTC's
E-Commerce Internet site vtcoauctions.com) and the Auction Universe Network (http://www.aun.com). The VTC auction site will be promoted by
Auction Universe and its affiliates.
Auction Universe is owned by Classified Ventures a Times Mirror Company (NYSE:TMC), and provides online auction services through a network of more than
140 newspapers and media properties. Classified Ventures LLC is a company formed by eight leading media companies: Central Newspapers Inc., Gannet Co.
(NYSE:GCI), Knight Ridder (NYSE:KRI), The McClatchy Company, The New York Times (NYSE:NYT), The Times Mirror (NYSE:TMC), Tribune Company,
The Washington Post Company (NYSE:WPO).
VTCO trading just under 4 biz.yahoo.com |
