Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Globalstore.com - GSO on the VSE -- Ignore unavailable to you. Want to Upgrade?

To: justaninvestor who wrote (47)	7/7/1999 10:07:00 AM
From: justaninvestor	Respond to of 58

News Release GLOBALSTORE.COM ANNOUNCES NEW E-COMMERCE INTERNET SITE THAT WILL FEATURE WELL-KNOWN BRAND-NAME MERCHANDISE Company also expects to launch Internet auction site based on Bid.com software Globalstore.com Inc. is proud to announce the successful launch of its new shopping web site, www.WildHippo.com. which will focus on selling popular brand name fashions and accessories, as well as specialty products. With this new venture, Globalstore.com Inc. now sells product from a total of three web sites: 1. www.WildHippo.com 2. www.SeafoodNow.com 3. www.TicoCoffee.com In conjunction with the launch of this exciting new web site, Globalstore.com Inc. has now completed its transition to a fully scalable e-commerce solution built upon Microsoft?s Distributed interNet Applications (DNA) architecture and the Microsoft Commerce Server platform. In addition to this web site focused on brand name goods, Globalstore.com Inc. also expects to launch its auction platform shortly to enter the fast-growing area of auction sales on the Internet, extending its services on the Internet even further. The auction platform will be powered by www.Bid.com software and technology. Bid.com is one of North America?s leading online auction companies and is listed on Nasdaq and the Toronto Stock Exchange. Globalstore.com Inc is also currently planning an aggressive advertising campaign in anticipation of a strong Christmas season for Internet shopping. As the result of a recent private placement, Globalstore.com, through its wholly-owned subsidiary Global eComm Ltd., announced that it would enter into a five year agreement with Cable Atlantic for the purchase of advertising of eComm?s Internet-based shopping mall on Cable Atlantic?s specialty cable channels. Globalstore intends to pursue similar agreements with additional cable companies in Canada and the United States. On behalf of the Directors of Globalstore.com, Inc. Steven Stout President For information with regard to Globalstore.com or the contents of this news release, contact Matt Fleming for Investor Relations toll free @ 1-877-736-7570 or by e-mail at IR@globalstore.net Barrie Einarson Globalstore.com On-Line Investor Relations mailto:ir@globalstore.com Phone: 1-877-736-7570 (Matt Fleming)