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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: J.AUGS who wrote (1735)6/3/1999 9:04:00 AM
From: bob sims  Read Replies (2) of 7056
 
HITTs NEWS

RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--June 3, 1999--
Hitsgalore.com, Inc. (OTC BB:HITT) announced that its national
radio campaign began as scheduled on June 1, 1999.
The Company has received numerous calls and email messages from
listeners with favorable reaction to the advertisements. The Company
has upgraded its servers to handle a surge in traffic driven by the
ads to the Hitsgalore.com home page located at
www.hitsgalore.com.
Hitsgalore.com CEO Steve Bradford said, "It appears that after
only two days the national radio campaign is showing promise, and we
expect increased name recognition, traffic and requests for free
lifetime banner placements. This should boost sales of our Keyword Bid
& Rank program and banner sponsorships."
The Company also announced that it is re-designing its site. When
the new design is unveiled later this month it will incorporate the
latest in Macromedia technology, with new features such as stock
quotes, charts, personal portfolio tracking and news. In keeping with
its profitable business model, Hitsgalore.com will provide free real
time quotes through its revenue-generating sponsorship program.
CEO Bradford said, "With additional features, users of the
Hitsgalore.com site will stay longer and utilize our services even
more. This will benefit all the Hitsgalore.com customers and those who
have free banner placements at Hitsgalore.com."
Hitsgalore.com gives away free lifetime banner placements and
banners, and generates revenue from its Keyword Bid & Rank program,
sponsorships, and Local City Editions featuring local content.
Hitsgalore.com strives to provide porn-free searching and does not
accept or encourage any porn or adult-content listings on its site.
The company believes this compares favorably with other Internet
portals and search engine companies such as Lycos, Inc. (Nasdaq:LCOS),
Excite, Inc. (Nasdaq:ATHM), Infoseek Corporation (Nasdaq:SEEK) and
Yahoo! Inc. (Nasdaq:YHOO).
Included in this release are "forward-looking" statements within
the meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Securities Exchange Act of 1934, as amended, and as that term
is defined in the Private Securities Litigation Reform Act of 1995.
Although the company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such expectations reflected in such forward-looking statements
will prove to have been correct. The Company's actual results could
differ materially from those anticipated in the forward-looking
statements as a result of certain factors including sales levels,
distribution and competition trends and other market factors. The
Company has not yet filed its Form 10-Q for the 3 months ended March
31, 1999.
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