To: swedelo who wrote (5929 ) 9/9/1999 7:32:00 PM From: Quahog Respond to of 6545
Well heck. I'm more of a lurker than a poster these days, but somebody has to post the news. iChargeit.com To Launch iSwapit.com Auction Site Company To Offer Industry-First Co-Branded Auction Enabled Webstores HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--September 8, 1999-- iChargeit Inc. (OTC BB: ICHG) today announced that the Company is preparing to launch iSwapit.com. The launch of the iSwapit.com auction site will occur within the next thirty days. Initially the site will offer name brand computers and watches. It will then expand to allow person-to-person auctions enabling consumers to place auction or classified ads in the iSwapit.com auction site. Concurrently, the Company will offer Auction Enabled Webstores to businesses of any size enabling an auction "presence" for every business opening an e-storefront in the iChargeit.com Cybermall. The ability to sell products via auction or traditional fixed price purchasing, the Company contends, will further entice business owners to participate in iChargeit's myriad of services. The iChargeit Back Office will allow vendors, on a per product basis, to ascertain the status of goods sold, whether via auction or direct sale. Additionally, the Company's soon to launch Shopping Slide Show, Gift Certificate Engine and Barter Engine will offer merchants in iChargeit.com a suite of services that is unparalleled in the industry. Each webstore in iChargeit.com will be able to create their own Shopping Slide Show showcasing their unique products and/or services. Randy Waldman, Chief Operating Officer, stated, "Presently no other webstore provider that the Company is aware of, offers the unique ability to open a webstore and receive auction functionality at no additional cost. Neither i-Mall (NASDAQ: IMAL) or Yahoo Stores (NASDAQ: YHOO) offer an auction engine or many of the added features that come with an iChargeit.com webstore." iChargeit Inc. is an Internet based company whose iChargeit.com Cybermall and Virtual Arcade began Phase I deployment on March 1, 1999. Through a previously announced agreement with the Total Entertainment Network, iChargeit will launch iChargeit Classic Games by Ten, an interactive gaming site. iChargeit also is launching tradtional ISP access in 500+ cities in the US and Canada as well as high speed access set to launch in selected cities. iChargeit's key partners and anchor tenants include, but are not limited to: Preferred Voice International (OTC BB: PFVI), Winners Internet Network (OTC BB: WINR), Innovative Holdings and Technologies (OTC BB: IHTL), Pacific, Medical Group (OTC BB: PMGI) and Massimo Da Milano (OTC BB: MDMI) and Homecom. Statements made in this news release that relate to future plans, financial results, market growth and other projections, events or anticipated results are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended. Actual results may differ materially due to a variety of factors including competitors with more resources available to them. Contact: IChargeit Inc. iChargeit@iChargeit.com 888/815-4390 or DeMonte Associates Cynthia DeMonte 212/473-3700 cdemonte@demonte.com P.S. I recommend listening to the following at least once daily: 209.68.1.93