Now that Bob is gone, who will post these:
Hitsgalore.com Partners with CustomDisc.Com To Give Away Free
Customized Billboard HITS In CD Format
Business Wire - August 27, 1999 14:40
RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--August 27, 1999--
Hitsgalore.com, Inc. (OTC BB:HITT) has
announced that it has partnered with CustomDisc.Com the established leader in digitized
music customization, to provide the
cutting edge technology behind Hitsgalore's newest Portal Service "Free CD Music."
CustomDisc.Com will use the same technology for Hitsgalore.com as used for their own
flagship product,
(http://www.customdisc.com). Hitsgalore.com through its sponsored Portal Services will
allow members to select any 5
Billboard HITS (TM) Free, users only pay a small shipping and handling cost billed to
them after they receive their free CD in
the mail. The Company target date for this new Portal Service is September 1,1999.
The Company will also debut its newly
re-designed website for its search portal and music site.
Company Chairman and Director of Technology Dorian Reed, stated, " We are
extremely proud of this new Portal Service
because of its universal appeal. The Billboard HITS (TM) , featuring music form the
50's, 60's, 70's, 80's, and some 90's, fit
our user and sponsor demographics perfectly".
The music library Hitsgalore.com will offer initially features more than 4,000 Top 100
Billboard HITS (TM). The Company
plans to expand the number of free selections and offer additional music genres,
including: blues, classical, country, jazz, and
pop/rock.
Reed continues, "we believe Hitsgalore.com will have a favorable impact on record
labels, artist and the way music is sold or
acquired over the Internet. Unlike MP3 and other downloadable technologies that can
result in huge losses in royalties to
record labels and artist due to piracy issues, Hitsgalore.com sponsor model assures that
everyone gets paid and that users get
what they want free, in a universal format, without pirating it."
Hitsgalore.com (http://www.hitsgalore.com) generates revenue and profit from its unique
business model of giving away free
banners, lifetime banner placement, and other Portal Services. The Company believes
its business model compares favorably
with other Internet music portals such as MP3.COM INC. (Nasdaq:MPPP),
Musicmaker.COM INC. (Nasdaq:HITS),
CDNOW INC. (Nasdaq:CDNW), Liquid Audio INC. (Nasdaq:LQID),and search
engine companies such as Lycos, Inc.
(Nasdaq:LCOS), Excite, Inc. (Nasdaq:XCIT), Infoseek Corporation (Nasdaq:SEEK)
and Yahoo! Inc. (Nasdaq:YHOO).
The Company generates revenue from its Keyword Bid & Rank program, sponsorships
of Portal Services, and Local City
Editions featuring local content. Hitsgalore.com strives to provide porn-free searching
and does not accept or encourage any
porn or adult-content listings on its site.
Financial statements in this press release other than historical facts are "forward-looking"
statements within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act
of 1934, and as that term is defined in
the Private Securities Litigation Reform Act of 1995. Hitsgalore.com, Inc. intends that
such statements about the Company's
future expectations, including future revenues and earnings, and all other
forward-looking statements are subject to the safe
harbors created thereby. Since these statements (future operational results and sales)
involve risks and uncertainties and are
subject to change at any time, the company's actual results could differ materially from
expected results.
CONTACT: Hitsgalore.com, Inc., Rancho Cucamonga
Danny Gavin, Investor Relations
800-300-5388
investor@hitsgalore.com
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HITSGALORE.COM INC (OTC:BB: HITT)
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