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Technology Stocks : MBT International Inc. (MBTI) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Jens Tingleff who wrote (194)	8/4/1999 12:11:00 PM
From: Mr. Jens Tingleff	Respond to of 212

Wednesday August 4, 8:39 am Eastern Time Company Press Release MBT International Signs Internet Content Distribution Agreement With InfoSpace.com Award Winning Directories to be Added to the AgriMall.com Portal CASTLE ROCK, Colo.--(BUSINESS WIRE)--Aug. 4, 1999--MBT International (OTC BB:MBTI), owner of the premier Internet web sites focused on business to business E-commerce and auctions for the agricultural industry, today announced that it has reached an Internet Content Distribution Agreement with InfoSpace.com (Nasdaq:INSP - news). Under the agreement, InfoSpace content solutions will be incorporated within the MBTI portal AgriMall.com (www.agrimall.com). In addition to the array of products and services already available, visitors to AgriMall will now have access to the same InfoSpace directories currently utilized by over 1800 Web sites reaching 85% of all Internet users. The Company anticipates that the site will be launched within ten days. ''InfoSpace has the most comprehensive content in the world,'' stated Andy McKinnon, Chairman and CEO of MBTI. ''Our users prefer to conduct E-commerce in an environment where they can research and gather the information they require for the day to day operation of their agricultural business. This agreement allows us to create such an environment, and positions us as the leading content provider to this $300 billion industry. We believe that we are the first and only agricultural portal to achieve such an agreement with InfoSpace.'' McKinnon continued, ''This dynamic relationship is sure to exponentially increase the traffic to our site. This additional traffic will be utilized to promote banner advertising sales, and allow us to capitalize on the revenue sharing opportunities presented by this agreement with InfoSpace. This is truly a milestone for MBTI.'' About MBT International MBT International Inc. is engaged in the development of industry specific Internet portal sites, which encompass auctions, broker assisted buy and sell programs, searchable databases and graphic intense display of products. The Company currently has over 400,000 users and is the parent company of AgriMall.com (www.agrimall.com), Horsenet.com (www.horsenet.com), BookStable.com (www.bookstable.com), and the recently launched LifeatHome.com (www.lifeathome.com), a similar vertical portal targeted at the trillion dollar home improvement and real estate markets, as well as its latest acquisition of IMall Global and its properties (www.equestrianmall.com), (www.horsechat.com), (www.equiseek.com), and (www.equiauction.com). MBT International, Inc. has an agreement to work with EchoStar Communications Corporation (Nasdaq:DISH - news, DISHP - news), the nation's fastest growing direct broadcast satellite (DBS) provider with over 2.6 million customers, whereby MBTI programming and online purchasing capabilities will be offered over a high speed interactive channel. In addition, the Company has signed agreements with the following: Triplus, a Trimac Company to handle the freight component of certain sales transactions; Texas Equipment which is in the process of establishing a large storefront featuring John Deere equipment in AgriMall.com; and Silicon Graphics, Inc for technological development. MBT International Inc. is presently viewing possible strategic alliances with other companies in the communications industry. For additional information on MBTI, please visit the Company on the World Wide Web at www.mbtinet.com. Certain statements in this release are forward looking. Although MBTI believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. For factors that may cause actual results to differ materially from expectations and underlying assumptions, see reports by MBTI filed with the Securities and Exchange Commission. -------------------------------------------------------------------------------- Contact: MBT International, Castle Rock Andy McKinnon, 303/688-0244 amckinnon@mailcity.com or Phoenix Alliance, Inc Phil Huss, 970/259-7241 phoenixalliance@frontier.net