NEWS........INTXA
To: Aloha Mike (111 ) From: Tom Hua Monday, Feb 22 1999 8:08AM ET Reply # of 113
Mike, this should bode well for INTXA today.
Regards,
Tom
Monday February 22, 6:59 am Eastern Time
Company Press Release
Interiors, Inc. Taps GeoCities to Drive Traffic to New Web Site
Traffic to be Driven to interiors.com Web Site Through Direct Target Marketing
MT. VERNON, N.Y.--(BUSINESS WIRE)--Feb. 22, 1999-- Interiors, Inc. (NASDAQ: INTXA - news), a leading designer, manufacturer and distributor of decorative accessories for the home, today announced that it has signed an agreement with GeoCities (NASDAQ: GCTY - news), the world's largest and fastest-growing community of personal Web sites, to launch a major Internet advertising campaign.
The campaign is designed to drive traffic to Interior, Inc.'s new World Wide Web site located at www.interiors.com, which is currently under construction. The campaign aims to leverage GeoCities' tremendous reach and consumer traffic to firmly establish the Interiors brand on the Internet. According to Media Metrix, GeoCities is the third most-trafficked site on the Internet. GeoCities.com generates more than 1 billion page views and over 19 million unique visitors every month.
''The future is here. Consumers are quickly embracing the Internet to make their important purchases,'' said Max Munn, President and CEO of Interiors, Inc. '' Our firm is well positioned to take advantage of this emerging market for sales of home furnishing and decorating products, as well as art. Our new Web site is convenient and easy to use -- we think it should increase our market share and grow incremental revenue,'' said Munn. According to industry estimates, e-commerce sales soared to more than $13.0 billion in 1998, with potential of growing to hundreds of billions of dollars of revenues over the next few years.
GeoCities, which hosts over 32 million pages of its members personalized Web content, is the ideal location from which to launch the interiors.com advertising campaign. Through its uniquely designed network of connected cyber-communities, GeoCities will target only interest-specific audiences in order to attract the maximum number of visitors and potential customers to interiors.com. Accordingly, banner advertisements will be prominently placed in communities pertaining to home decorating, art, lighting, design, and interiors, as well as within the GeoCities Shopping Center. Each banner will target a specific audience of consumers who are interested in decorative accessories.
Max Munn, further commented ''I am extremely excited that we will be launching the advertising campaign for our interiors.com Web site on GeoCities. In a very short period of time, GeoCities has developed a strong sense of loyalty among its 3.5 million members, while offering them a seemingly endless array of topical areas that people of all backgrounds can come to and explore and express their own individual motivations and interests. Advertising on GeoCities offers us a great opportunity of attracting the largest number of motivated visitors to our Web site, specifically people who are interested in decorative accessories. Soon to be completed, interiors.com will be one of the largest sites of its kind available on the Internet, offering consumers a complete collection of coordinated and designed home decorating accessories, including lighting products, framed art, framed mirrors, metal sculptures and silk floral arrangements. GeoCities represents the perfect address for us to introduce interiors.com on the World Wide Web.''
''We believe Interiors, Inc. has chosen GeoCities as the springboard for its advertising campaign because we can deliver the most important commodity on the Internet: qualified customers,'' stated Michael Barrett, GeoCities' Senior Vice President, Advertising Sales & Strategic Partnerships. ''We are thrilled to help this outstanding company become an even stronger brand with a landmark presence on the Internet.''
About Interiors, Inc:
Interiors, Inc. designs, manufacture's and markets a wide range of quality decorative accessories, with more than 5,000 products for the home furnishings industry. The company's strategic plan is to continue its growth as a leading ''single-source'' provider of decorative home furnishing accessories through acquisition and internal growth. Following the completion of several previously announced acquisitions, annualized pro-forma revenues will have increased during the last ten (10) months from approximately $6 million to more than $140 million.
About GeoCities:
Based in Marina del Rey, Calif., with offices in London, New York and San Francisco, GeoCities is the world's largest and fastest-growing community of personal Web sites on the Internet. Over 3.5 million GeoCities Homesteaders have created over 32 million pages of personalized content. In October 1998, the GeoCities site generated more than 1.6 billion page views, according to Nielsen I/PRO, and in December 1998, the site attracted 19 million unique visitors and is ranked the third most trafficked site on the Internet, according to Media Metrix.
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