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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (4801)10/9/1999 11:52:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 10354
 
ZSUN, August 31st, Ziasun Receives Purchase Bids For Its Asia4sale Subsidiary

HONG KONG - August 31, 1999 -- ZiaSun Technologies Inc (OTC BB: ZSUN.OB) (www.ziasun.com)a profitable Internet holding company, today announced that it is considering proposals received for the purchase of part of its e-commerce portal "Asia4Sale" (www.asia4sale.com).

The company has received letters of intent and offers for wholly-owned subsidiary Asia4Sale.com Ltd from venture capital firms and potential strategic partners involved in manufacturing in Asia.

The board of directors, at its August 24 meeting in Hong Kong, resolved to make a final decision on the sale within the next several weeks.

"The potentially profitable sale of part of Asia4Sale.com will demonstrate our ability to identify and acquire competitive Internet businesses and then rapidly convert them into profitable entities that generate substantial returns," said Mr Anthony L Tobin, President and Chief Operations Officer of ZiaSun.

"Our earliest convictions have been confirmed in regards to the investor market interest in Asian e-commerce portals," stated Mr Tobin, "and we are right on track for maximizing returns on investment for our shareholders."

The company reported that its board of directors is presently evaluating and conducting due diligence regarding the various offers that were recently presented and believes a sale will generate between US$5 million and $20 million in cash to ZiaSun, depending on what percentage of the subsidiary is sold. It is the company's plan to retain a substantial portion of the subsidiary.

Asia4Sale.com Ltd, based in Hong Kong, is a home shopping e-commerce portal developed in partnership with another ZiaSun e-commerce subsidiary, Momentum Internet, and is set for imminent launch.

More than 50 manufacturers in Hong Kong and China have registered as suppliers to Asia4Sale bringing over 3,000 products to this exciting new Asian e-commerce portal.

Asia4Sale.com will be the first approved shopping mall to use the First Ecom e-payment gateway. First Ecom, operating under license from the Bank of Bermuda, is able to process MasterCard and Visa Card payments for the purchase of goods and services in a variety of major currencies.

The Bank of Bermuda has been in the e-commerce transaction processing business since 1995 and is considered to be a premier offshore institution specializing in e-commerce.

The “Asia4Sale” e-commerce portal also encompasses business barter and commercial auctions. An early September launch is planned.

ZiaSun is a leading Internet holding company focused on e-commerce and specialized on-line support services within Asia and other international markets.

Existing Internet products and services include Swiftrade (www.swiftrade.com), 'M Finance' (www.mfinance.com), MediaHits (www.mediahits.com), PINmail (www.pinmail.com), Search Dragon (www.searchdragon.com), ServiceLive (www.servicelive.com) and Online Investors Advantage (www.i-advantage.com).

Forward looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainties, including without limitation, economic, competitive, governmental, technological and other risks detailed from time to time in the Company's periodic reports.

CONTACTS:

Mark Harris, VP of Investor Relations
ZiaSun Technologies Inc
858-350-4060
mark@PINmail.com
www.ziasun.com

Geoff Eiten
OTC Financial Network
800-230-3519 / 781-444-6100 ext. 13
geiten@otcfn.com
www.otcfn.com/zsun



To: StockDung who wrote (4801)10/9/1999 11:54:00 PM
From: Francois Goelo  Respond to of 10354
 
ZSUN, September 15th, Ziasun's E-Commerce Portal Asia4sale Launched

HONG KONG - September 15, 1999 -- Asia4Sale.com Ltd, a wholly-owned Asian subsidiary of ZiaSun Technologies Inc (OTC BB: ZSUN.OB) (www.ziasun.com), today launched its new and unique global e-commerce shopping portal, Asia4Sale (www.asia4sale.com).

From its Hong Kong base, Asia4Sale has developed a web shopping portal that provides free on-line retail stores, specializing in Asian products, to anyone wanting to get into e-commerce.

Any Internet user can open a store on the Internet stocked with thousands of products to sell direct from manufacturers in Asia. These on-line franchised stores are available on the web absolutely free of charge from Asia4Sale starting today.

Asia4Sale, in a joint-marketing arrangement with Cable & Wireless HKT IMS, the largest ISP in Hong Kong, will make its promotional debut on the IMS Netvigator portal (www.netvigator.com).

Asia4Sale showcases thousands of products manufactured in Asia, and provides individual customers with a convenient way to purchase them on-line. The merchandise ranges from electronics and CDs to Chinese arts and crafts and sporting goods, at prices from US$25 to $1,000.

Shoppers can order direct from the manufacturer and have the goods delivered to their homes anywhere in the world.

Asia4Sale vets the quality of products and reliability of the manufacturers. The secure on-line credit card payment system is operated by First Ecom, a major on-line credit card system forerunner, in conjunction with the Bank of Bermuda.

"Companies have enthusiastically responded to our invitation to feature their products on this new on-line retailing system," reported Mr Brian Hodgson, Managing Director of Asia4Sale.

"We have more than 50 companies offering over 3,000 products, and more applications are being received every day. There is bound to be a snowball effect as word gets round the business community and more and more shoppers log on.

"One big problem that has held Asian companies back from selling products on the Internet has been the difficulty of obtaining e-commerce credit card merchant accounts. We have now overcome this on their behalf."

To make Asia4Sale better known around the world, Internet users are invited to become franchisees and set up their own fully-stocked on-line Asia4Sale stores, free of charge.

They will then receive generous commissions on sales by promoting the store and its products among their family, friends, business associates and the Internet community in general.

'Asia4Sale' is a joint-venture with Momentum Internet Inc (www.momentumplus.com), another subsidiary of ZiaSun Technologies.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements could be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected. These include uncertainties in the market, competition, legal, success of marketing efforts and other risks detailed from time to time in the company's SEC reports. The company assumes no obligation to update the information in this release.

CONTACTS:

Asia4Sale.com Ltd:

Brian Hodgson, Managing Director
12A First Pacific Bank Center
56 Gloucester Road
Wanchai
Hong Kong
Tel: + 852 2915 2155
E-mail: info@asia4sale.com
Website: www.asia4sale.com

ZiaSun Technologies Inc

Anthony L Tobin, President and Chief Operations Officer
12A First Pacific Bank Center
56 Gloucester Road
Wanchai
Hong Kong
Tel: + 852 2866 9323
E-mail: atobin@ziasun.com
Website: www.ziasun.com

Mark Harris, VP Investor Relations
462 Stevens Avenue, Suite 106
Solana Beach, CA 92075, USA
Tel: 858 350 4060
E-mail: mark@pinmail.com
Website: www.ziasun.com




To: StockDung who wrote (4801)10/9/1999 11:56:00 PM
From: Francois Goelo  Respond to of 10354
 
ZSUN, October 5th, ZiaSun Launches SwiftradeUSA...

SOLANA BEACH, CA - October 5, 1999: ZiaSun Technologies Inc (OTC BB: ZSUN) (www.ziasun.com), a leading Internet holding company, today announced a major expansion of its Swiftrade (www.swiftrade.com) on-line stock trading portal.

Already well-known for presenting US markets to overseas investors, Swiftrade will now also be open to US traders.

With today's announcement, the Swiftrade portal now provides both foreign and American investors access to trade on all major US stock exchanges through a domestic broker-dealer.

ZiaSun said this is part of an overall growth strategy to establish Swiftrade as the first Internet portal allowing investors worldwide to access their brokerage accounts on major stock exchanges in Asia, Europe and North America.

The SwiftradeUSA (www.swiftradeusa.com) platform provides investors 24/7 access to quotes, account information, and buy/sell orders (execution during local market hours). For $19 per transaction, the service enables users to place market orders, short sell and limit orders of equities, options, and American Depository Receipts (ADRs) on all major US stock exchanges, including the NYSE, AMEX, NASDAQ, and OTC Bulletin Board.

SwiftradeUSA will provide on-line market access to US investors for West America Securities Corporation, a registered California broker/dealer. West America Securities is a member of the National Association of Securities Dealers (NASD) and the Securities Investor Protection Corporation (SIPC).

Commenting on further international expansion activities, ZiaSun said on-line trading systems for both the Hong Kong and London markets, operating for local brokerage firms, were in advanced stages of beta testing.

ZiaSun Technologies Inc is a leading Internet holding company focused on e-commerce and specialized on-line support services within Asia and other international markets. In addition to Swiftrade, the company's Internet products and services include 'M Finance' (www.mfinance.com), MediaHits (www.mediahits.com), PINmail (www.pinmail.com), Search Dragon (www.searchdragon.com), ServiceLive (www.servicelive.com), and Online Investors Advantage (www.i-advantage.com).

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements could be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected. These include uncertainties in the market, competition, legal, success of marketing efforts and other risks detailed from time to time in the company's SEC reports. The company assumes no obligation to update the information in this release.

CONTACTS:

Mark Harris, VP Investor Relations
462 Stevens Avenue, Suite 106
Solana Beach, CA 92075, USA
Tel: 858 350 4060
E-mail: mark@pinmail.com
Website: www.ziasun.com

Geoff Eiten
OTC Financial Network
800-230-3519 / 781-444-6100 ext. 13
geiten@otcfn.com
www.otcfn.com/zsun