Tuesday July 6, 3:24 pm Eastern Time
Company Press Release
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
Agreement Supports TSIG.com's Commitment to Building a Strong Customer Base by Private-Labeling its myMusicCard.com Site
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--July 6, 1999-- 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® 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.
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 |