LOS ALAMITOS, Calif.--(BUSINESS WIRE)--May 21, 1999--Pacific
International Enterprises Inc. (OTC BB: PCIE) and its "The France
Group" Division is a 300,000 unit capacity, state of the art,
manufacturing operation, which includes the in-house brands; Wake
Tech, Rift, Microski and Twenty Four Seven Snowboards.
24/7 Snowboards racing program is acclaimed worldwide, with
Olympic Gold Medalist, Ross Rebagliati signed to an exclusive
snowboard promotional contract through the 2002 Olympics.
PCIE is currently organizing what will be an extensive e.commerce
program, expected to be fully implemented during Q3 1999. Currently
included are links and/or registrations to a number of Internet sites
such as, eBay (Nasdaq: EBAY - news), ComFind, Excite (Nasdaq: XCIT -
news), Hotbot, Infoseek (Nasdaq: SEEK - news), Lycos (Nasdaq: LCOS -
news), Netscape, Pronet, WebCrawler, iMall (Nasdaq: IMAL - news) and
others to their existing www.247snow.com Web site that is also linked
to www.francegroup.com and to www.sonymusic.ca. At the Sony Music
Canada Web site, under the ARTISTS icon, you can learn all about
Rebagliati. Click on the About Ross icon and you can be hyperlinked
back to the 24/7 Web site.
The Sony Music Canada (NYSE: SonyCp - news) cooperative effort
is indicative of what PCIE is now developing with other entertainment
industry partners. PCIE is engaging in strategic alliances that will
enable the company to add, in addition to worldwide Internet
platforms, a variety of marketing sources that via media exposure will
target mass Gen- X and Y consumers. Strategic alliances may include
media exposure from companies like Viacom (NYSE: VIA - news) (NYSE:
VIA.B - news), which also owns MTV, Warner Bros./Time - Warner
(NYSE: TWX - news), Universal Studios/Seagram (NYSE: VO - news ),
Disney (NYSE: DIS - news), Twentieth Century Fox/News Corp.
(NYSE: NWS - news), NBC/General Electric (NYSE: GE - news), CBS
Corp. (NYSE: CBS - news) and other media sources that broadcast
music related artists via network television news and specials, cable,
AM and FM radio, live concerts, etc.
"Our in-house e.commerce team is constantly expanding PCIE's
ability to market its products and services worldwide," stated Binks
Graval, Chairman and chief executive officer of PCIE. "Our goal is a
simple one: assist the customer by offering complete access to the
factory, personnel, production capabilities, product stats and
information, inventory and anything else that will make a customer's
life easier here at The France Group."
THE FRANCE GROUP, a Division of Pacific International
Enterprises Inc., develops and manufactures sports related products
for rapidly growing markets, including snowboarding, wakeboarding,
mini-skiing and skateboarding. The France Group brand names are a
leader in their category by providing superior levels of performance
and quality.
For other 1999 PCIE publicity releases, reference the Internet;
businesswire.com, yahoo.com (Nasdaq: YHOO - news), go.com, excite.com
(Nasdaq: XCIT - news), microsoft.com (Nasdaq: MSFT - news), aol.com
(NYSE: AOL - news), and most Sports sites.
(PR No. 1) Jan. 20, 1999 -- Pacific International Enterprises
Inc. acquired the assets of France Sports Mfg. and Twenty Four Seven
Snowboards.
(PR No. 2) Jan. 26, 1999 -- Pacific International Enterprises
Inc. acquired the assets of Durham Molding Corp's (DMC) Wake
Technology Wakeboards and Rift Snowboards.
(PR No. 3) Jan. 27, 1999 -- Pacific International Enterprises
Inc. Acquires $3.5 Million in Assets of France Sports Mfg.,
Twenty-Four Seven and Wake Tech.
(PR No. 4) Feb. 4, 1999 -- Pacific International Enterprises
Inc. signs Nagano Olympic Gold Medalist Ross Rebagliati.
(PR No. 5) Feb. 16, 1999 -- Pacific International Enterprises
Inc.; World Champion Snowboarder, Sondra Van Ert, having Best Season
ever on 24/7 Snowboards.
(PR No. 6) Feb. 23, 1999 -- Pacific International Enterprises
Inc.; The France Group; OEM Order Entry Rate Running Ahead of
Projections.
(PR No. 7) April 12, 1999 -- Pacific International Enterprises
Inc.; launches Sony designed web-site.
(PR No. 8) April 13, 1999 -- (Sony correction) Pacific
International Enterprises Inc.; launches web-site.
(PR No. 9) April 30, 1999 -- Pacific International Enterprises
Inc.; Announces new Internet and E-Commerce Division.
(PR No. 10) May 7, 1999 -- Pacific International Enterprises
Inc.; Letter to the Shareholders from Chairman & CEO Binks A. Graval.
(PR No. 11) May 12, 1999 -- Pacific International Enterprises
Inc.; Equity Raised to Mfg. OEM Orders.
Statements in this release are 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, increased levels of competition
for the company, and dependence on third party suppliers.
--30--KM/np* JV/np
CONTACT: Pacific International Enterprises Inc., Los Alamitos
714/816-0200
Fax: 714/816-0594
www.thefrancegroup.com
www.247snow.com
www.sonymusic.ca |
