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

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To: Alastair McIntosh who wrote (28757)4/29/1999 4:41:00 PM
From: Victor  Read Replies (1) of 37507
 
More news. Additional Revenue!!!

Repost from RB (the chatboard with "IGNORE")

News Release:

Toronto--Apr 29--Canada's Globalstore.com says its wholly owned subsidiary,
Global Ecomm, has signed a licensing deal with Bid.Com International under which
Global Ecomm will use Bid.Com's proprietary Internet auction software.
Globalstore.com didn't reveal the dollar amount of the deal. Globalstore.com, an
Internet retailer, is based in Vancouver, British Columbia. Bid.Com
International, an on-line auctioneer, is based in Toronto.
* * *
The following is the text of today's announcement with emphasis added by
Bridge News. BridgeStation links to company data have been inserted at the end:
GLOBALSTORE.COM IS PLEASED TO ANNOUNCE THAT GLOBAL ECOMM, LTD., ITS
WHOLLY
OWNED OPERATING SUBSIDIARY, HAS ENTERED INTO A LICENSING AGREEMENT
WITH BID.COM
INTERNATIONAL, INC. ("BID.COM"). GLOBAL ECOMM IS LICENSED TO USE
BID.COM'S
PROPRIETARY INTERNET AUCTION SOFTWARE, INCLUDING ITS PATENTED ONLINE
DUTCH
AUCTION PROCESS, TO CREATE THE "GLOBAL AUCTION SERVICE". AS GLOBAL
ECOMM
CONTINUES TO SIGN EXCLUSIVE SELLING RELATIONSHIPS WITH ADDITIONAL
MERCHANTS, IT
IS EXCITED TO OFFER THE ADDITIONAL FORMATS OF ONLINE AUCTION AND
ONLINE DUTCH
AUCTION BY WHICH MERCHANTS CAN SELL THEIR MERCHANDISE.
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