To: Oliver who wrote (547 ) 8/19/1999 10:39:00 AM From: Robert Dydo Read Replies (2) | Respond to of 605
Oriole Systems Receives First E-Commerce Products from China BEDFORD, NEW HAMPSHIRE--(BUSINESS WIRE)--Aug. 19, 1999--Oriole Systems Inc. (OOL-VSE) is pleased to announce that the first products from China for the E-China project have arrived. The products are freshwater pearls that have passed the quality assurance process. They are a wonderful example of the best Chinese freshwater pearls available in the world. The largest set of pearls are eight and one half-millimeter in size, creamy white in color, excellent luster, almost perfectly round and well matched. As soon as the pearls are strung, clasped and photographed, they will be available for sale at Oriole's E-China website, www.mymart.net, under the necklace product category. MyMart.net currently showcases a limited set of custom jewelry. Oriole has recruited a US Jeweler to appraise all retail products for quality and price for its customers. This is part of Oriole's product satisfaction and guarantee program. The MyMart Jeweler is a member of the Jeweler Association and a gemologist certified by the Gemologist Institute of America. MyMart.net also plans to provide a full range of services normally obtained through a community Jeweler. This would include services such as custom design, setting stones, appraisals, repairs and certification of authenticity. Frank Stama, CEO of OrioleSystems.com says: ''We expect to offer quality products from the Far East accessible to a worldwide audience at the best prices available along with superb service and support.'' Oriole's e-commerce web-site mymart.net was launched on July 26, 1999 on servers in Canada and the United States (News July 27, August 9, 1999), with potential revenues of $36.5 million over two years (News June 15, 1999). MyMart.net will begin to showcase a selection of high quality products from China, starting with pearl necklaces followed by a large complement of other high quality products. In addition, Oriole plans to expand its business to bring a full range of consumer products from other countries to the global Internet e-commerce market. Oriole provides Internet software solutions focused on e-commerce with its partners including: NCompass Labs - ncompasslabs.com , OSS/Magic Software - magic-sw.com and IBM SanFrancisco Project - software.ibm.com . For further information, please visit - oriolesystems.com or mymart.net To request information, please phone or fax one of the Oriole message centers: New York (212) 504-2818 Toronto (416) 352-5899 San Francisco (415) 707-2170 Vancouver (604) 608-5600 Or mail to:information@oriolesystems.com This news release may contain forward-looking statements considered genuine by the author and are based upon the author's experience and knowledge. However, forces of which the author may have little or no ability to affect will ultimately determine the outcome. Any forward-looking statements should not be considered guarantees of results. On behalf of the Board Al Gerenser, President The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy of this news release.