To: $Mogul who wrote (9288 ) 6/23/1999 2:08:00 PM From: Koda Ridge Respond to of 108040
IINN--Good news. Eric (COMTEX) B: INTERNATIONAL INTERNET SETS DISTRIBUTION AGREEMENT WITH C B: INTERNATIONAL INTERNET SETS DISTRIBUTION AGREEMENT WITH CONSOLIDATED CIGAR BOCA RATON, Fla., Jun 23, 1999 /PRNewswire via COMTEX/ -- International Internet, Inc. (OTC Bulletin Board: IINN) announced today that it has entered into a distribution agreement with Consolidated Cigar, Inc. The agreement allows the Company to buy directly from the manufacturer. Consolidated manufactures fine cigars such as Monticristo, H. Upmann, Don Diego and Te-amo. Terms of the agreement allow International Internet to purchase cigars in bulk at much lower prices than they currently pay. The Company retails their cigars over the Internet at stogiesonline.com . Additionally, over the last few weeks, International Internet has also entered into distribution agreements with Lane Limited and Caribe Imports. Lane manufactures Royal Jamaica cigars, Dunhills, Montecruz and Onyx. Caribe manufactures Baccarrat brand name cigars. The agreements put stogiesonline.com in a better position to compete with industry leaders 800-Jr Cigar, Inc. and Holt's Cigar Holdings. The new distribution agreements come at a time when sales on International Internet's stogiesonline.com subsidiary are growing conservatively at an estimated average of 89% per month. May 1999 internet traffic rose to 456,936 hits or an average of 14,739 hits per day. International Internet, Inc. develops and operates Internet and direct retail marketing companies as well as venture funds focused on the Internet. The International Internet Group includes majority owned subsidiaries Mr. Cigar, Inc., stogiesonline.com, Inc. (www.stogiesonline.com), TheBroadcastWeb.com, Inc. (www.broadcastweb.com) and Stogiesauction.com (www.stogiesauction.com), a joint venture between AuuctionAnything.com, Inc. (OTC Bulletin Board: UBUY) and International Internet. International Internet also holds minority interests in Wowstores.com, Inc. (OTC Bulletin Board: WOWS) (www.wowstores.com) and Goldonline International, Inc. (OTC Bulletin Board: GDOL) (www.goldonline.com). Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. For more information, contact: The Hawke Group, Inc. Phone (954) 564-7114 or Fax (954) 564-9848. Visit the website at www.hawkegroup.com . This material was prepared and disseminated by The Hawke Group, Inc. ("Hawke") for the Company discussed herein, based upon Company supplied information or other sources believed to be reliable. The information is not guaranteed by Hawke for accuracy or to be all-inclusive. This material is information only and is not an offer or solicitation to buy or sell the securities. Hawke, its affiliates, and/or its officers, directors and employees may from time to time have a position in these securities. The Hawke Group has been compensated by the Company. SOURCE International Internet, Inc. (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: The Hawke Group, Inc., 954-564-7114, for International Internet, Inc. WEB PAGE: stogiesonline.com GEOGRAPHY: Florida INDUSTRY CODE: MLM TOB *** end of story ***