AWLD News: Activeworlds.com, Inc. Appoints Strategic Growth
International as Financial Public Relations Advisor
NEWBURYPORT, Mass.--(BUSINESS WIRE)--March 30, 1999-- Activeworlds.com,
Inc. (OTC Bulletin Board: AWLD - news) is pleased to announce that it has engaged
Strategic Growth International, Inc. (''SGI''), headquartered in New York to serve as its financial public relations advisor. SGI
will assist Activeworlds in broadening its financial market presence and establishing new relationships within the investment
community and financial media.
Activeworlds.com, Inc. is a leading provider of three-dimensional (3D) virtual environment platforms for the Internet. The
Company offers a complete variety of proprietary client, server and development applications, offering a totally turn-key
approach to creating rich and compelling online 3D worlds. A number of major multinational corporations, universities and
government agencies are currently using the Company's proprietary 3D platforms. Activeworlds has also developed a suite of
software, clients, servers, and authoring tools that are designed to allow people to communicate, play games, and conduct
business in an infinite number of shared environments on the Internet, in real time. In addition, the Company recently launched
@mart, one of the first totally interactive 3D Internet shopping malls. Activeworlds has also been featured on a number of
television and news broadcasts and has created the 3D interactive environments for several major motion pictures.
SGI was founded in 1989 by Richard Cooper and Stanley Altschuler, two long-time and highly respected Wall Street
veterans, who assembled a highly experienced team of investment/financial professionals and during the last ten years achieved
an unparalleled level of success.
J.P. McCormick, Chairman of Activeworlds, commented ''We are extremely excited to be working with Strategic Growth
International as our financial public relations advisors. SGI has an established international reputation for excellence in providing
exposure to emerging companies such as ours within the global financial markets. Under their guidance we will aggressively
pursue analyst coverage, retail and institutional sponsorship, and proactively communicate with the financial community. We are
fully committed to increasing shareholder value and recognize the importance of investor relations and the significant
contributions that SGI will make in helping us to achieve this objective.''
This statement may contain certain forward-looking statements, which may involve known and unknown risks, uncertainties,
and other factors not under the Company's control which may cause actual results, performance and achievements of the
Company to be materially different from the results, performance, or expectations of the Company. These factors include, but
are not limited to those detailed in the Company's periodic filings with the Securities and Exchange Commission.
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