IFIT; MUST SEE! IFIT - Now Virtual Communities, Inc. READY TO EXPLODE!
Here's Why! It's a new entity - Huge internet play. Can you say, RELIGION!
Virtual Communities, Inc.
LOS ANGELES, April 6 /PRNewswire/ -- Heuristic Development Group, Inc.
("HDG") (Nasdaq: IFIT) announced today that it has entered into a Letter of Intent to
merge with Virtual Communities,Inc., a privately held developer and publisher of
Internet based communities.
Founded by President and CEO Avi Moskowitz, VCI currently produces three sites:
Virtual Jerusalem (virtualjerusalem.com), Virtual HolyLand
(virtualholyland.com) and
Virtual Ireland Virtualireland.com).<b/> With over 5.6 million page views during January,
1999, Virtual Jerusalem represents the largest aggregated community on the
Internet for
Jewish and Israel related content.
Virtual Jerusalem currently has over 150 agreements with content partners and
advertisers and is
a portal to over 9,000 Jewish related sites. The Virtual HolyLand site, launched
on
Christmas Day
1998, is focused on the 70 million members of the Evangelical Christian
Community for
whom the
Land of the Bible is a constant focus. The Virtual Ireland site was launched in
March
1999 and is
targeted to approximately 50 million persons of Irish descent in the U.S. In late
February, the
Company began to implement its marketing plan which includes a radio, print
and
television
campaign and a keyword agreement with Yahoo!.
(SEE FULL RELEASE AT:
quote.bloomberg.com.
I've just taken a LONG position this morning.
dbl
|
