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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: donkeyman who wrote (11693)	3/16/1999 9:48:00 AM
From: Muwamba	Read Replies (2) of 37507

Kind Of **ON TOPIC* LOS ANGELES (March 16) BUSINESS WIRE -March 16, 1999--Online Transaction Technologies, Inc. (OTT), a Los Angeles based e-commerce technology and software services company announced today that it has been selected by Dove Brothers, LLC., one of the nation's largest industrial auctioneers to provide internet auction and trading technology and consulting services under a two year revenue sharing agreement. Commenting on the agreement, Mike Shirman, President of OTT, stated: "We are very excited about the potential of this agreement since the structure of the deal allows OTT to participate in any future growth and earnings of the venture. We are also pleased to help Dove meet its expanding electronic commerce needs through utilization of our proprietary e-commerce applications. Dove Brothers is an outstanding company with a 62-year tradition of providing impeccable quality and service to its customers and we view this contract as an encouraging endorsement and validation of our innovative technology and marketing program." He continued: "We believe that the anticipated growth in online auctions and trading systems will present tremendous market opportunities for providers of scalable technologies who can offer low cost yet highly advanced solutions as an alternative to currently available options. Since the initial equity investment by Cumetrix Data Systems Corp. (Nasdaq:CDSC), we have invested in building OTT's operational and marketing infrastucture in preparation for the full-scale launch of our marketing program within the next 45 days. We are very encouraged by the initial reaction from potential customers and are working with Cumetrix to identify other potential strategic partners and establish key market penetration through domestic and international alliances." Ever feel like life's passing us by?? Muwamba

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