Daniel,
Check out IRTG.
Please read the following news release:
IRT Industries and Thinkbid.com, Inc. Continues Talks
businesswire.com
( BW)(FL-IRT-INDUSTRIES)(IRTG) IRT Industries and Thinkbid.com, Inc. Continues Talks
Business Editors
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 23, 1999--IRT Industries (BB:IRTG) announced today the continuation of its negotiations with Thinkbid.com.
The company expects to formally announce its acquisition of Thinkbid.com (http://www.thinkbid.com), by the end of March.
Thinkbid.com recently went online with its latest venture, Thinkfind.com thinkbid.com, an innovative Internet meta-search engine that searches across the major search engines, namely Yahoo (Nasdaq:YHOO), Infoseek (Nasdaq:SEEK), Lycos (Nasdaq:LCOS), Alta Vista (NYSE:CPQ), Excite (Nasdaq:XCIT), and Hotbot.com. It then categorizes those results from best to worst and presents those results to the user without the user having to go to each individual search engine.
Thinkbid.com management believes that this latest addition will make their auction website the most functional online auction site on the World Wide Web. From Thinkbid.com, a user can now not only buy and sell merchandise, but also quickly and effectively search the web for any content they need. The main page of Thinkbid's "ThinkFIND" meta-search contains a variety of useful links to get the web surfer started on using the great features of the Internet.
Thinkbid.com, Inc. (http://www.thinkbid.com), is a leading online Internet person-to-person auction web site similar to Ebay, Inc. (Nasdaq:EBAY) and Ubid (Nasdaq:UBID) but is significantly different than these other sites because it charges a nominal fee only after an item is sold.
Thinkbid.com also plans to broadcast live auctions over the World Wide Web using a unique free software package entitled Auction Alive based on the software professional stock traders use to trade on the stock market. (http://www.thinkbid.com/live.htm).
The officers of Thinkbid.com are extremely confident that the acquisition agreement with IRT Industries will close by the end of the month.
NOTE: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competition, continued acceptance of the company's products and services, fluctuations in stock price and liquidity, fluctuation operating results and other risks detailed from time to time in the company filings with the Securities and Exchange Commission.
--30--jd/mi*
CONTACT: IRT Industries, Inc., Fort Lauderdale
Arnold Wrobel, President
954/351-0270
KEYWORD: FLORIDA
INDUSTRY KEYWORD: ENTERTAINMENT COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET
|
