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To: ksuave who wrote (17817)7/15/1999 11:00:00 AM
From: Dave Swanson  Read Replies (2) | Respond to of 25711
 
VALH news....
---------------------------------------------------------------------- Thursday July 15, 10:18 am Eastern Time
Company Press Release
Value Holdings Inc. Hires iNet Group to Develop Internet and E-Commerce Site for Network Forest Products Ltd.
TORONTO--(BUSINESS WIRE)--July 15, 1999--Value Holdings Inc. (OTC BB:VALH - news) has hired the iNet Group of Oakville, Ontario to develop a web presence including e-commerce solutions for Network Forest Products Ltd., a wholly owned subsidiary of Value Holdings.

The proposed web site will include information on Network Forest Products as well as information on the North American lumber industry. The site will be fully searchable and also include investor information for Value Holdings.

Additionally, the site will encompass the first phase of Network's e-commerce strategy, providing customers the ability to make purchases of Network's products online. The site will allow qualified purchasers to place orders for products and make bids for lumber products. Network eventually wants to host a complete site for forest products, that would provide a wholesale marketplace for buyers and sellers.

''This is the first phase of our internet and e-commerce strategy,'' said Robert Ziner, president of Value Holdings and Network Forest Products. ''It is our intent to embrace the newest technologies to enhance our ability to meet the needs of our customers throughout North America and beyond.''

The iNet Group, located in Oakville, Ontario has been providing internet and e-commerce solutions since 1994. iNet has previously completed projects for PSINet Ltd., Shaw Communications and Star Trek - The Exhibit(tm) (Paramount).

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Contact:

Gemini Integrated Financial Services Corp.
Fort Lauderdale, Fla.
Jon Leinwand, 954/924-1567

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More Quotes and News: Value Holdings Inc (OTC BB:VALH - news)
Related News Categories: banking, computers, internet, paper/forrest

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