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To: vagabond who wrote (1960)9/9/1999 9:40:00 AM
From: vagabond  Read Replies (1) | Respond to of 2942
 
Re DRGI: In case anyone missed this news yesterday (like me) -- not that it helped the stock any...
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Wednesday September 8, 11:40 am Eastern Time
Company Press Release
www.factorydirectbatteries.com Announces Grand Opening
SARASOTA, Fla.--(BUSINESS WIRE)--Sept. 8, 1999--DRG, Inc., d/b/a Diversified Resources Group, Inc., (Nasdaq OTC BB:DRGI), a Sarasota, Florida based company, announced today the Grand Opening of its eCommerce battery outlet, www.factorydirectbatteries.com.

www.factorydirectbatteries.com specializes in providing replacement battery packs for cellular telephones, lap top computers and cordless power tools to online shoppers at factory direct prices. Currently, Nokia, Ericsson, Motorola, Nextel and NEC cellular telephone replacement battery packs can be purchased at the site.

Nickel Cadmium (NiCad) replacement battery packs are available for $11.99; Nickel Metal Hydride (NiMH) replacement battery packs are available for $17.99; and Lithium Ion (Li-ION) battery packs are available for $24.99. Based on research conducted by the Company, competitor's prices range from $19.95 to as much as $200.00 per battery pack for comparable replacement battery packs.

Each battery pack sold at www.factorydirectbatteries.com features patent pending impedance matching technology. This technology enables our battery packs to last 30% longer than any other battery pack available in the market today. A 1-year manufacturer's warranty is provided with every battery pack purchased along with a no questions asked return policy.

www.factorydirectbatteries.com has been submitted to all major search engines for listing. The site should be accessible through America Online, Yahoo, MindSpring, Microsoft Network, AltaVista, Lycos, HotBot, and others within 4 to 6 weeks. The Company is also in the process of securing ''click-through'' banner advertisements on highly trafficked web sites to promote its battery packs and factory direct price advantages.

''We are pleased and excited about the opening of our discount battery pack outlet, www.factorydirectbatteries.com, and are confident that we have created an extremely user-friendly and price competitive battery pack outlet for on-line shoppers,'' stated Mr. Chris Beck, President of the Company's Cordless Power division.

This press release shall not constitute an offer to sell securities under an exemption from registration pursuant to Regulation D, Rule 504 of the Securities and Exchange Commission. Statements regarding the company's expectations about new and exciting products, future financial performance and other forward looking statements are subject to various risks and uncertainties, including, without limitation, demand and acceptance of new and exciting products, technological advances and product obsolescence, competitive factors and the availability of capital to finance growth.

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Contact:

Diversified Resources Group, Inc., Sarasota
Carl Smith, III, 941/923-1949
Log on to www.diversified-resources.com