NEWS OUT
International Internet IntroducesSecond Auction Site for UpforBids.com
May 12, 1999 12:58 PM
BOCA RATON, Fla.--(BUSINESS WIRE)--May 12, 1999--International Internet,
Inc. ININ announced Wednesday that its second auction site,
UpforBids.com is set to begin operations in July, 1999.
The site will initially offer a person-to-person trading platform that offers sellers a vehicle
for listing their own items up for bid. Items will be
arranged for browsing by topic and buyers will bid through an automated, easy to use
online service. Unlike most auction sites which are
difficult to use, UpforBids.com will be designed to be extremely user friendly.
The new subsidiary will be a joint venture between International Internet and
AuctionAnything.com, Inc. UBUY . The new site will be located at
upforbids.com. A test sample of the site is available for viewing at
stogiesonline.com.
UpforBids.com will be in direct competition with other leading online Internet auction
sites such as ebay EBAY , Go2net's Haggleonline GNET ,
globe auctions @ theGlobe.com TGLO , Excite auctions XCIT , Yahoo auctions
YHOO , Amazon Auctions AMZN , Sales On Line Direct PAID ,
and ubid, Inc. UBID .
The company previously announced their first joint venture site with AuctionAnything,
www.stogiesauction.com, on April 15, 1999.
AuctionAnything is to deliver this site on May 30, 1999.
International Internet, Inc. develops and operates Internet and direct retail marketing
companies as well as venture funds focused on the
Internet. The company's development strategy promotes opportunities for synergistic
business relationships among the Internet companies
within its portfolio. This portfolio includes majority-owned subsidiaries:
StogiesOnline.com, Inc. (http://www.stogiesonline.com), Webhumidor.com,
Inc. (http://www.webhumidor.com), GoldOnline.com, Inc. (http://www.goldonline.com)
and Mr. Cigar, Inc. which operates a line of fully automated vending
humidors. International Internet also directly holds a minority investment in
Wowstores.com, Inc. WOWS (www.wowstores.com), an online
shopping directory.
Forward looking statements in this release are made pursuant to the Safe Harbor
provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements are subject to certain risks and uncertainties
and actual results could differ from those discussed.
This material was prepared and disseminated by The Hawke Group, Inc. ("Hawke") for
the company discussed herein, based upon company
supplied information or other sources believed to be reliable. The information is not
guaranteed by Hawke for accuracy or to be all inclusive.
This material is information only and is not an offer or solicitation to buy or sell the
securities. Hawke, its affiliates, and/or its officers, directors
and employees may from time to time have a position in these securities. The Hawke
Group has been compensated by the company |
