To: LORD ERNIE who wrote (596 ) 10/8/1999 10:45:00 AM From: LORD ERNIE Read Replies (1) | Respond to of 626
LCS GOLF SUBSIDIARY MR. B III SEPTEMBER SALES EXCEED $500,000 NEW YORK, Oct 4, 1999 /PRNewswire via COMTEX/ -- LCSG (OTC Bulletin Board: LCSG) Mr. B III, a wholly owned subsidiary of LCS Golf lcsgolf.com , recorded sales in excess of $ 500,000 for the month ending September 30, 1999. Sales were made to stores such as Montgomery Ward, Consolidated Stores, Value City, and Duckwald among others. This marked a one-month sales record for Mr. B III. These sales do not include the infomercial, which is still being positioned in the market. The Mr. B III product line has been well received by major retailers throughout the United States. Improvements in design, quality and distribution have greatly enhanced the company's ability to penetrate the retail market. Mr. B III is currently working with several large retailers to introduce the Joe Namath signature series of magnetic products and the Home spa line of products to major retailing outlets through out the United States and Canada. By offering its Joe Namath signature series through the GolfUniverse.com web site golfuniverse.com , Mr. B III has begun to implement its Internet strategy -- which also currently includes negotiations with various major web e-commerce sites to place its products in their shops. Quoting Dr. Michael Mitchell "We are beginning to see a measurable amount of sales and marketing of our Mr. B III products, we are increasing our distribution channels and creating viable products that address our customers needs. With the continuing improvement in the quality of our products and the increase of our sales force, we feel confident that our sales and profit margins will increase substantially over the coming months. Our strong internet presence will help us immensely in the marketing of our product line. We are in the process of renaming Mr. B III to better suit LCS Golf's line of business. We expect the new name to be in place by the beginning of the year." The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by LCS) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the golf industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of LCS. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. SOURCE LCS Golf (C) 1999 PR Newswire. All rights reserved.prnewswire.com