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Technology Stocks : CSGI ...READY FOR TAKE-OFF!

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To: GIL GORDON who wrote (3277)2/1/1999 11:24:00 AM
From: TEDennis  Read Replies (1) of 3391
 
More "E-Commerce" news:

Monday February 1, 9:33 am Eastern Time
Company Press Release
ConSyGen's First E-Commerce Product To Be Sold on imall.com, the Internet's Largest Online Shopping Mall
PHOENIX--(BUSINESS WIRE)--Feb. 1, 1999--ConSyGen Inc., (NASDAQ:CSGI - news) Monday announced that ConSyGen's first e-commerce product, the Counterfeit Cop will be available on www.imall.com, which receives approximately thirty million hits and millions of shoppers per month.

Tom Dreaper, president and chief executive officer of ConSyGen stated: ''We are very pleased to have our first E-Commerce product, Counterfeit Cop being sold through iMall's vast network. This is the first of a number of high margin and high quality product offerings that ConSyGen will market over the Internet.

''The association with iMall, combined with our presence on Yahoo! (NASDAQ:YHOO - news) gives ConSyGen tremendous exposure on two of the major E-Commerce Internet sites. We are presently looking at several other very unique and profitable items to market in the near future.''

iMall is the second E-Commerce vender to market ConSyGen's first Internet product. Consumers can access ConSyGen's product information on www.imall.com by loading the following URL address into their web browser: www.imall.com/dshops/consygen.

In addition, customers can also order Counterfeit Cop through a link to Yahoo's (NASDAQ:YHOO - news) shopping site. This ordering system is similar to the one used by Amazon.com (NASDAQ:AMZN - news), Onsale.com (NASDAQ:ONSL - news), and other major E-Commerce sites such as E-bay (NASDAQ:EBAY - news), Ubid (NASDAQ:UBID - news), Citron Inc., (OTC BB:CTRN - news) and SkyMall Inc. (NASDAQ:SKYM - news).

ConSyGen's Counterfeit Cop detects counterfeit currency, credit cards, traveler's checks, casino chips, passports, driver's licenses, and other types of items used for monetary exchange or identification of documents faster than any other counterfeit detection unit currently available.

ConSyGen Inc. is a Phoenix-based company that also provides Year 2000 remediation and independent verification and validation services using its proprietary automated software technology.

Note to Editors: Caution Regarding Forward-Looking Statements: Statements contained in this release other than statements of historical fact may be deemed to be ''forward-looking statements.''

Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from those projected in such forward-looking statements. Factors which could affect results include the development of competing or superior technologies, market awareness and acceptance of ConSyGen technology, overall market demand for conversion services, the company's ability to attract and retain qualified personnel and to protect its propriety information, and other risk factors set forth in the company's SEC filings.

biz.yahoo.com

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