More good news on IJNT - even more to come:
IJNT.net Agrees to Develop and Host New
E-Commerce Website; Troublewear.com Will Market
Branded Apparel and Accessories to Teens, Age 12 to 21
Business Wire - May 04, 1999 09:31
HOUSTON--(BUSINESS WIRE)--May 4, 1999--IJNT.net (OTC BB:IJNT), a leading
wireless and high-speed Internet access provider, today announced that it has agreed in principle
to develop and host a new website for Troublewear.com, a new company in which IJNT will
hold an equity interest. Troublewear.com will sell a branded line of lifestyle apparel and
accessories, targeted primarily to teen males aged 12 to 21, exclusively on the Internet through
the IJNT developed site, Troublewear.com. The Company expects the new website to begin
operating in July 1999.
Greg Matsen, division head of Man Rabbit House Multimedia Website Services, the IJNT
subsidiary that develops and manages e-commerce websites, said that the Troublewear
concept's main strength stems from the successful record of the company's six founding
managers.
"This management team is terrific," Matsen said. "They have more than one hundred years
combined experience in brand and apparel marketing and management, including senior
management experience with such companies as Mossimo, Gotcha International, Quicksilver,
Fila, Gap, Lucky Jeans, Levi's, and Calvin Klein."
Matsen added that the Troublewear.com management also had marketing experience with the
National Football League, Major League Baseball, Time-Warner, Harley Davidson, and
Budweiser, among others.
"Our management team knows this market, which is a growing $13 billion per year industry in
the U.S. alone," said Don Kerkes, president of Troublewear.com. "Our primary targets,
teenage males, are the heaviest Internet users and, according to Jupiter Communications,
apparel sales will be the number one Internet growth category over the next several years."
IJNT.net provides high-speed, wireless Internet access and telecommunication services to
homes and businesses without the use of phone lines. The Company's subscriber base is
increasing as the service expands nationwide. IJNT also provides website development and
e-commerce services as well as dial-up Internet access throughout the U.S. and internationally.
The Company's rapid growth is the result of aggressive marketing and sales, internal
development, acquisitions, and strategic alliances.
This press release may contain forward-looking statements made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that
such forward-looking statements involve risks and uncertainties, including, without limitation,
continued acceptance of the Company's products, subscriber growth, product demand,
competition, and other risks and uncertainties detailed from time to time in the Company's
periodic reports, including Quarterly Reports on Form 10-Q and Annual Reports on 10-K. This
and additional information can be found on the Company's website at www.ijnt.net or can be
obtained from the Company upon request.
CONTACT: OTC Financial Network IJNT International
Mario "Ike" Iacoviello Jon H. Marple
Investor Relations Chief Executive Officer
800-683-5227/ 760-931-9211 949-723-2183
ike@otcfn.com jmarple@ijnt.net
www.otcfn.com/ijnt www.ijnt.net |
