MGCN news....
MegaChain.com New Web Site Reveals Potential Revenue Stream For ISPs
VANCOUVER, B.C.--(BUSINESS WIRE)--May 12, 1999--Tom Lavin, president of MegaChain.com, Ltd., announced today that the Company's long anticipated web site is now available for viewing by the public.
The URL is www.megachain.com. The 25 page site, in addition to explaining the general principles involved in the MegaChain Client/Agent/ Shopper interaction, addresses specific operational details of the Company's new multi-level, email, advertising program.
Other site features include Our Company, How It Works, Offers and Deals, Join the Program, Code of Ethics and a comprehensive Investor Relations package. A special section of the site directed towards ISP's, List Brokers and Large Organizations describes methods whereby previously untapped revenue streams can be realized utilizing the MegaChain program.
Mr. Lavin was quoted as saying, ''MegaChain has created a new Internet software program that offers a dynamic and innovative alternative to the declining effectiveness of banner ads. The product offers Agents [any party with email access, including individuals, ISPs, List Brokers and Large Organizations], the opportunity to earn commissions simply for passing Client sponsored, incentive driven email to friends, acquaintances and business associates.''
He went on to state, ''Current studies seem to indicate that email is increasingly more effective than banner ads; email from a friend or acquaintance is almost always read. MegaChain's unique, multi-level email concept delivers personal advertising messages containing valuable Client offers, with exponential power while completely circumventing the negative aspects of spamming and banner advertising.''
Other MegaChain products being developed will allow for revenues to be generated via electronic catalogue sales, direct product sales and a 'stand-alone' software suite for those vendors wishing to engage MegaChain's multi-level, incentive driven advertising without having to resource services outside their existing corporate information systems.
MegaChain's business is primarily located in Vancouver, British Columbia, Canada. The Company's address is 34 West 8 th Avenue, Vancouver, British Columbia, Canada V5Y 1M7, telephone 604 873-3388, fax 604 873-0674.
MegaChain.com is traded on the OTC Electronic Bulletin Board under the symbol ''MGCN''. For further information contact Tom Lavin at 604 873-3388.
Cautionary Statement Under 'Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this fact sheet contain information about the Company's future business prospects. These statements may be considered ''forward looking''. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by such forward looking statements.
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Contact:
MegaChain.com, Vancouver
Tom Lavin, 604/873-3388
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