To: bkcraun who wrote (12393 ) 6/9/1999 12:00:00 PM From: jccodez Read Replies (1) | Respond to of 13776
IBUI purchases MyDiner.com: (COMTEX) B: Globalist Sells MyDiner.com B: Globalist Sells MyDiner.com BALDWIN PARK, Calif., Jun 9, 1999 (BUSINESS WIRE via COMTEX) -- GlobalistInternet Technologies Inc. (www.globalist.net) Wednesday announced the sale of its MyDiner.com Web site to Internet Business's International Inc., of Las Vegas (OTC BB:IBUI), (www.inbusin.com). The MyDiner.com site boasts one of the largest databases of restaurant information on the Internet, currently listing 186,499 individual restaurants by type of cuisine offered. The site allows rapid access by Web site visitors who may choose to search for a restaurant by city, type of cuisine served, credit cards accepted and some 20 other criteria. While the Web site is free to both user and restaurant, additional services such as a map to the restaurant location, onsite display of menus and display of restaurant attributes are available at extra cost. The Web site derives income from the sale of such additional services. Privately held Globalist Internet Technologies, established in 1996, is a full service Web site design and Internet host provider, with customers such as the cities of Burbank, Calif., Monrovia, Calif. and Irwindale, Calif., as well as Notre Dame Academy, Small Farm Magazine and more. Internet Business's International is a developer and operator of numerous Internet Web sites. The Delaware corporation is listed on the OTC BB, trading under the symbol IBUI. Terms of the sale have not been disclosed. Statements in this news release may contain forward-looking information within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and are subject to the safe harbor created by those sections. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of Globalist Internet Technologies are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Globalist Internet Technologies assumes no obligation to update information contained in this release. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Globalist Internet Technologies, Baldwin Park Soorena Salari, 626/813-7030 WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INDUSTRY CODE: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. *** end of story ***