NEWS
(BSNS WIRE) TSIG.com Forms Pact With Hydrogen Media to Sell MusicCards a
TSIG.com Forms Pact With Hydrogen Media to Sell MusicCards and CDs Over the
Internet for the Palace of Auburn Hills, Home of the Detroit Pistons
Business/Technology Editors
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--July 6, 1999--
Agreement Supports TSIG.com's Commitment to Building a
Strong Customer Base by Private-Labeling its myMusicCard.com Site
TeleServices International Group, Inc. (OTC BB:TSIG), known as
TSIG.com, announced today that it has entered into an agreement with
Hydrogen Media, Inc. (www.hydrogenmedia.com), a premiere digital media
agency and Internet solutions provider, to sell customized,
private-label myMusicCards and music CDs and cassettes through a
Web-based music channel on PalaceNet.com, the official Web site of the
Palace of Auburn Hills, home of the NBA's Detroit Pistons.
Visitors to PalaceNet.com will be able to purchase music CDs and
cassettes at prices lower than all major retail or online sources.
PalaceNet.com will sell the customized myMusicCards through a
music storefront on the Web site that ties into the back-end and
fulfillment capabilities of TSIG.com's www.myMusicCard.com site.
Revenues from sales of the Music Cards will be shared between TSIG.com
and the PalaceNet.com. The agreement supports TSIG.com's strategy to
aggressively build its position in the marketplace by partnering with
companies that have strong e-commerce presence and potential.
"The partnership with Hydrogen Media provides TSIG.com and
myMusicCard with tremendous access to the words of professional sports
and the entertainment industry," said Robert Gordon, Chairman of
TSIG.com. "Hydrogen Media's partnership with the Palace Sports and
Entertainment Group gives us immediate access to the fans of the
Detroit Pistons and the Palace at Auburn Hills, as well as the Tampa
Bay Lightning and the Ice Palace.
Hydrogen Media is rapidly developing a presence as the premiere
developer of sports and entertainment Web sites, and we are delighted
they have selected TSIG.com as their exclusive music provider."
TSIG.com's myMusicCard.com site is one of the first e-commerce
sites developed utilizing only Microsoft(R) software. The site enables
Internet users to purchase music CDs and cassettes over the Internet
at prices lower than all major retail and online sources.
myMusicCard.com offers more than 250,000 music selections from a
complete range of artists, and focuses on serving the music needs of
consumers. The site has the most robust search capability of any music
commerce site on the Web, enabling consumers to search by any
combination of artist, title, release date, song name and other
criteria.
TSIG.com has established myMusicCard relationships with Babe Ruth
League Baseball, a 900,000 member organization; the Tampa Bay
Lightning and the Ice Palace, a National Hockey League Franchise;
Lifetime Learning Systems, the premier provider of corporate-sponsored
educational programs in more than 100,000 schools throughout the
United States; the National Music Foundation; The Entertainment
Marketing Promotion Organization (TEMPO), which represents the
corporate premium and incentive services of PolyGram Records and
Philips; USA Volleyball; and Future Business Leaders of America.
About Hydrogen Media (http://www.hydrogenmedia.com)
Hydrogen Media, with headquarters in St. Petersburg, Florida, is
a full-spectrum digital media agency offering comprehensive strategic,
creative and technology solutions for corporations and high-profile
sports and entertainment companies and personalities. Formed in
January of 1996, Hydrogen is the largest digital media solutions
provider in Florida, and has a base of clients and partners that
include, among others, Dreyfus Brokerage, Mellon Bank, Time Warner
Communications, duPont Registry, Tech Data, Colliers International,
Orange Crush, Big Entertainment and Arvida Realty Services. Hydrogen
Media is preparing to launch PalaceNet.com, an online sports and
entertainment site, developed for the Palace Sports and Entertainment
Group, the owners of the Detroit Pistons and the Palace of Auburn
Hills.
About Palace Sports and Entertainment, Inc.
Palace Sports and Entertainment (PS&E), based in Auburn Hills,
Michigan, is the owner of professional sports teams and entertainment
venues. In metro-Detroit, PS&E owns the Palace of Auburn Hills, home
of the Detroit Pistons of the NBA, the Detroit Shock of the WNBA, the
Detroit Vipers of the IHL. Additionally, PS&E owns the Pine Knob Music
Theatre and operates the Meadowbrook Music Festival. The Palace of
Auburn Hills hosts approximately 200 events annually with more than
2.5 million patrons. In Tampa, PS&E recently purchased the Tampa Bay
Lightning of the NHL and will operate the Ice Palace sports and
entertainment venue.
About TSIG.com
Headquartered in St. Petersburg, Florida, TSIG.com created the
myMusicCard program to enable consumers to purchase CDs and cassettes
at the lowest prices, and to develop revenue-generating programs with
corporations and non-profit organizations that attract consumers to
customers' sites. TSIG also provides customer service and support with
its Web-based call center and related services. Recently, TSIG.com
introduced its myPhotoCard program to provide low-cost film processing
and Kodak film.
This press release contains "forward-looking statements" within
the meaning of Section 27A of the 1933 Securities Act and Section 21E
of the 1934 Securities Exchange Act. Actual results could differ
materially, as the result of such factors as (1) competition in the
markets for online services, for the products and services sold by the
company, and for outsourced teleservices, (2) the ability of the
company and its partners to execute their plans, (3) the availability
of financing at favorable terms, and (4) other factors detailed in the
Company's public filings with the SEC.
Microsoft is trademark of Microsoft Corporation. All other
trademarks or registered trademarks are the property of their
respective owners.
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CONTACT: TSIG.com, St. Petersburg
Paul Henry, Sandy McKeever
727/897-4000
info@tsig.com
or
Hydrogen Media, Inc., St. Petersburg
Rob Kilgo, 727/530-5500
rkilgo@hydrogenmedia.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET TELECOMMUNICATIONS ENTERTAINMENT
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