(COMTEX) B: iChargeit Inc. Announces Agreement With Winners Internet
B: iChargeit Inc. Announces Agreement With Winners Internet Network, Inc.
FORT WORTH, TEXAS (Feb. 19) BUSINESS WIRE -Feb. 19, 1999--
-Company to Launch Series of Internet-based Global
Shopping Malls Utilizing Winr Credit Card and
Proprietary Currency Conversion and Processing Software-
Para-Link (OTC BB:PLNKD), a Texas corporation who recently announced
an agreement in principle to merge with iChargeit Inc., today announced
that iChargeit has signed an exclusive two year agreement with Winners
Internet Network (OTC BB:WINR) to build and maintain a series of Global
Shopping Malls utilizing the WINR credit card processing and
proprietary currency conversion software.
This partnership with WINR, empowered by Netgateway (OTCBB:NGWY), will
enable iChargeit Inc. to reproduce the iChargeit.com and
Cyberswapmeet.com cybermall sites thoroughly translated and priced in
the targeted country's language and monetary system.
Coupling these features with WINR's powerful global currency
conversion features and the anticipated mass appeal of the iChargeit
sites should allow the Company to meet their goal of opening 1,000
e-storefronts during the life of their previously announced agreement
with Netgateway.
Jesse Cohen, CEO of iChargeit, stated, "This agreement with a
fine-tuned organization like WINR represents a significant milestone in
the Company's development and in making global shopping a simple and
cost-effective process. iChargeit and WINR have already identified
several key areas for potential joint ventures which are presently
being explored."
"Our software was developed for diversified applications. This venture
opens the "global door" for the utilization of our proprietary software
products and furthers WINR's reach into Internet shopping," concluded
David C. Skinner, Jr., CEO of WINR.
iChargeit Inc. is an Internet based company whose iChargeit.com
Cybermall and Virtual Arcade, as well as the iChargeit
Cyberswapmeet.com web sites, are set to launch March 1,1999. iChargeit
Inc.'s key partners and anchor tenants include, but are not limited to,
Preferred Voice International (OTC BB:PFVI), Winners Internet Network
(OTC BB:WINR), Internet Media Corp. (OTC BB:USRF), Innovative Holdings
and Technologies Ltd. (OTC BB:IHTL) and Pacific Medical Group (OTC
BB:PMGI).
iChargeit has several key agreements in place with Netgateway which
utilize Netgateway's talented and diverse staff of programmers and web
site designers to incorporate many of the unique features of
Netgateway's ICC (Internet Commerce Center) into iChargeit's web sites
and product lines.
Statements made in this news release that relate to future plans,
financial results, market growth, or other projections, events or
anticipated results are forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended and Section
21E o the Securities and Exchange Act of 1934, as amended. Actual
results may differ materially due to a variety of factors, including
competitors with more resources available to them.
-0- tia/ny*
CONTACT: Investor Contacts:
DeMonte Associates
Cynthia DeMonte/Sean Leous
212/473-3700
or
iChargeit Inc.
888/815-4390
E-mail: ichargeit@netgateway.net
KEYWORD: TEXAS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET BANKING RETAIL MERGERS/ACQ Today's
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