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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: TsioKawe who wrote (60357)3/9/1999 11:55:00 AM
From: Danny Song  Read Replies (1) of 119973
 
JLK new e-commerce websites launched! HOT!

JLK Direct Distribution Debuts
Web Site


LATROBE, Pa., March 9
/PRNewswire/ -- JLK Direct
Distribution Inc. (NYSE:JLK)
launched a web site at
www.jlkdirect.com and
www.jandlindustrial.com. JLK is a leading distributor and direct
marketer of metalworking consumables and related products in the
United States, the United Kingdom and Germany. JLK services
small- to medium-size customers through its direct marketing arm,
J&L Industrial Supply (J&L) as well as large-size customers
through Full Service Supply integrated supply programs. JLK is 83
percent held by Kennametal Inc. (NYSE:KMT)

"This web site is our first move onto the Internet," said Richard J.
Orwig, JLK's president and chief executive officer. "The site is
information- rich and has a very modern image. We believe the site
will increase our exposure to the entire manufacturing market,
providing JLK with even more opportunities to bid on proposals and
more consideration as a supplier for just-in-time needs, as well as
integrated supply contracts. This launch is just the beginning of our
internet endeavors."

The new web site provides electronic requests for J&L catalogs
and sale flyers; general company information about JLK, J&L and
Full Service Supply programs; company news; J&L retail
showroom locations; products and manufacturers/brands offered
through J&L; services and career opportunities. Web users can
easily add themselves to the company's database mailing list. The
site's home page includes a hot-link to Kennametal at
www.kennametal.com.

"Future additions to the web site will include a browse feature for
the J&L Catalog of more than 130,000 products and fully
transactional electronic ordering. When we launch the electronic
commerce capabilities of our site, we will have a state-of-the-art,
best-in-class site in which customers can request price and delivery,
check inventory availability, retrieve extensive product information,
and track their orders, from our warehouse to their doorstep," said
Mr. Orwig, adding "our goal is to make our customers' internet
experience as convenient as ordering today by phone and fax. We
are also very active in working with our customer base about their
intranet objectives."

JLK's implementation of a new enterprise business system later this
year will facilitate the majority of the electronic commerce
functionality.

JLK is a distributor and direct marketer of metalworking tools,
industrial supplies and related products. With headquarters in
Latrobe, Pa. and a corporate office in Livonia, Mich., JLK has
1,300 employees worldwide and annual sales of approximately $425
million.
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