To: kbert who wrote (18 ) 6/10/1999 7:59:00 AM From: kbert Read Replies (2) | Respond to of 91
MORE NEWS!!! Thursday June 10, 7:00 am Eastern Time Company Press Release SOURCE: Deerbrook Publishing Group Deerbrook Publishing to Offer Over 1 Million Dollars in Companies Art Inventory on ARTUP.COM Internet Premier Art Retail and Auction Site to Launch This Summer SCOTTSDALE, Ariz., June 10 /PRNewswire/ -- Deerbrook Publishing Group (OTC Bulletin Board: DBPG - news) has announced that the e-commerce art auction and art retail web site, www.artup.com, will offer over 1 million dollars in current art inventory from Deerbrook Publishing Group assets. The products consist of Lithographs, posters and original paintings that will be featured on artup.com art auction site, as well as the online art retail store. Artup.com is looking to secure at least fifty million dollars in art inventory prior to the launch of the full site in August 1999. The plan is to accomplish this through online registrations of artists, galleries, dealers and wholesalers who wish to use artup.com as a new distribution channel for their products. ''Artup.com is giving Deerbrook the ability to retail many products that are currently in our companies inventory. Surplus of inventory is a prime market for our e-commerce site. Companies such as ours have inventories that are built up over time. Artup.com gives these companies the ability to sell products to the art world,'' said Keith Chesser, president and CEO of Deerbrook Publishing, the parent company of artup.com. Artup.com is also accepting registrations from the art buyers and collectors who wish to receive updates on site progress and preview notices about artwork, which will be featured during the site's launch. The company plans to release information on a regular basis to all registrants until the full site is online. After that time, those who register will receive periodic notices of upcoming special art events including exclusive art shows and artist chat sessions. The vision for www.artup.com is an e-commerce art community that puts the art industry within the reach of everyone. To accomplish this artup.com site will capture the thrill of the art auction, and the magic of the gallery, all in an approachable Internet storefront. The designers of the web site are creating an easy to use systems that will enable users to browse with ease. Artup.com will function as a reseller for the artists, galleries and individuals that display artwork on the site. The company will fund ongoing marketing campaigns to drive buyers to the site and in exchange will earn a transaction fee on all sales. Through the Internet's worldwide distribution capabilities, artup.com has the potential to bring together more buyers and sellers of art objects than ever before. This presents an excellent opportunity for cross marketing programs with strategic partners, and artup.com is seeking out companies offering complementary products and services. The parent of artup.com, Deerbrook Publishing, is a highly regarded publisher of quality limited edition prints. The companies established relationships within the art community will assist artup.com as it works to launch the site this summer and establish itself as a brand. Deerbrook Publishing, Inc. was incorporated in Colorado in March of 1997. The company's three subsidiaries are Signature Edition, Inc. an art publishing division, Cimarron Studio, Inc. a printing division and Deerbrook Online the art auction and retail division formerly known as Enterarts/Interarts, Inc. This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. These forward-looking statements include statements related to potential mergers and the effect of those mergers on the prospects of the company. Actual results may differ materially due to a number of risks, including the uncertainty of completion of the contemplated transactions. This press release provides general information and should not be construed as an offer to sell securities. The material contained herein has been obtained from sources believed to be reliable, but is not complete and its accuracy cannot be guaranteed. This report is for informational purposes only and should not be construed as advice or meet the investment needs of any particular investor or designed to be the basis of any investment decisions. For further information, contact Investor Relations, 602-437-8888 Fax 602-437-2845 or email ir@artup.com. Deerbrook Publishing and artup.com are trademarks of Deerbrook Publishing, Inc. Some of the product names mentioned herein are for identification purposes and may be trademarks or registered trademarks of their respective companies. SOURCE: Deerbrook Publishing Group