To: Matt Davis  who wrote (58 ) 6/16/1999 12:04:00 PM From: rocket rider     Respond to    of 66  
Company Press Release FineLine Properties.com E-Commerce Store Announces New Apparel Additions, New Prices and Entry Move Into The European Market. FAIRLAWN, Ohio--(BUSINESS WIRE)--June 16, 1999--FineLine Properties.com Inc. (OTC BB:FNLND - news) Wednesday announced that its FineLine Signature E-Commerce Store will be including its latest new cartoon creations, THE RED ZONE and INTERNAUTS, in addition to a new pricing structure and the company's move to expose its product lines in Europe.  The company has opted to add The Red Zone and Internauts to its apparel line up as a result of the numerous inquiries the company received asking for these characters to be offered. FineLine is also reducing its prices for most items on its e-commerce store due to improved efficiencies in order techniques, economies of scale in supply costs as well as quantity manufacturing price reductions.  ''We feel it is in the best interest of the company to pass along significant savings when the cost of doing business is reduced due to increased volume,'' stated FineLine President Robert Petry. ''As a direct result of our responses here in the United States, the company is expanding its lines into Europe, this strategy is in keeping with our objectives to expand and expose these product lines globally.''  FineLine's entry into Europe will start in Spain as its initial European roll out market, moving into France, England and other countries shortly thereafter. The company has exposed some of its apparel lines in Spain to gauge initial acceptance and receptivity and met with highly favorable results.  ''Kids, teenagers and young adults are the same no matter where they reside,'' commented Petry, ''in Europe, however, the younger generation is specially receptive to American music, movies and cartoons.''  The company will develop outlet store locations in Spain and later European countries to go with its Internet e-commerce branding strategy which is modeled on such successful online retailers as Disney (NYSE:DIS - news), Amazon.com (Nasdaq:AMZN - news), Dell (Nasdaq:DELL - news), and Ebay (Nasdaq:EBAY - news).  FineLine's ''Signature Line'' of apparel is inspired by the company's extensive cartoon family of over 145 characters and it offers over 90 different items, including designer shirts, casual shirts, jersey tops and dresses. The Signature Store is accessible directly from the FineLine Properties new Internet Web site at finelineproperties.com . Some of FineLine's cartoon characters have already been on the international stage with licenses in more than 20 countries and on over 450 licensed products.  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 risk and uncertainties, including without limitation, continued acceptance of the company's services, increased levels of competition for the company, and dependence on the performance of the management of the company.  Contact: ibchannel.com  Online Investor Package Visit  ibchannel.com  FineLine Web Site Visit finelineproperties.com  Investor Relations Tom Madden 800/941-1558