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Microcap & Penny Stocks : DIGG - Digital Gas, Johnboy DIGGS it. -- Ignore unavailable to you. Want to Upgrade?

To: john who wrote (553)	10/11/1999 6:46:00 PM
From: Jim Bishop	Respond to of 1774

NEW YORK, Oct. 11 /PRNewswire/ -- Digital Gas (OTC Bulletin Board: DIGG - news) today announced that it has entered into an agreement with U-Know Software, Inc. of Woburn, MA regarding global e-commerce that covers development, marketing, technology exchange and transfers of equity. No financial details were given. Under the agreement, Digital Gas and U-Know Software will link their respective websites and proceed to conduct e-commerce business on a worldwide basis. A new portal being developed by Digital will be placed on U-Know's servers. This portal, which was designed to attract a mass audience of Internet users, will incorporate portions of U-Know's proprietary software technology which the management of Digital anticipates will become the industry standard for electronic commerce. Each company's present Internet sites will remain up while the integrated version is completed for debut at the end of the month. U-Know Software is the owner of Shopbest, an e-commerce leader of worldwide Internet shopping software and service that has expanded its product base to approximately 8.3 million items and 1,800 product categories. Shopbest currently utilizes several software engines, which have unique and innovative search capabilities providing customers global access to an immense assortment of products at huge discounts and group rates for Shopbest members. Commenting on his company's shopping technology, U-Know CEO Robert Solomon, who currently reviews Internet and technology investments for a major international investment fund, stated that, ''the Shopbest search and compare engine is superior to all others and is protected by patents, patents pending, copyrights and trademarks.'' Digital Gas has placed the rights to this portal in a wholly owned subsidiary and U-Know will receive equity in that company as Digital exercises options to purchase U-Know common stock, which U-Know is in the process of taking public. No details of this aspect of the agreement will be made available until the Board of Directors of each company approves the transaction. Further details of Digital's new strategic alliance with U-Know Software will be made available shortly. For more information call Robert Lynn, President at 214-691-3640 or info@digitalgas.com. SOURCE: Digital Gas

To: john who wrote (553)	10/11/1999 6:53:00 PM
From: Jim Bishop	Respond to of 1774

Shopbest's vision focuses on the following points: Shopping Commerce Human Social Model Agent Technology Shopping Commerce Current internet shopping is conducted in three styles: normal sale, classified, and auction. Normal sale is conducted by most online merchants where merchandise is arranged in the backend without any disclosure to the customer. There may or may not be any inventory. Classified is the convenient service where seller and buyer get the information via NET and eventually need to have a telephone deal or face-to-face deal. Auction is the hottest amongst the three styles: seller and dealer can engage online in a Dutch or any other auction method, where internet audience become a factor to decide the item price. Normally, seller is responsible to ship the product, while the auction site does not keep any inventory. Shopbest is committed to make shopping experience more efficient. By pooling more resources from both the seller and buyer side, a good shopping system should provide a flow to post customer price, to conduct group negotiation, and to complete the deal. Human Social Model Looking at any e-commerce transaction activity, you find that there is a trust link built between the seller and buyer. Any failed transaction is resulted mostly from distrust. Here is the problem: Discontent – The commercial world needs to handle customers who are not satisfied with the product or service. A refund policy must be in effect. In a deeper sense, why is the customer not satisfied? Is it because the education is not enough? Our study shows there are various reasons. However, in the commerce world you have to face dissatisfied customers. Appropriate Return Policy has to be set up. Distrust - Stolen credit card numbers, the process to solve the problem – recognize the situation (bits of detective information), re-issue the number, block the fraud transactions, etc. Disaster - What if a large number of the credit cards are stolen? Engaged in information warfare caused by organized hackers? Defense rule of survivability – even if only one station works, your business is still running! There is more – Uknow's wide server features nonstop running and patented dual-write for transactions on the disk. Shopbest is also committed to foster a trust environment by starting a social model with friendship. It is the friendship that connects people. Another approach is to use public opinion. People need to build their credit from the track records, being a buyer or a seller. Shopbest will build our model on both aspects. Agent Technology Future trading activities will rely heavily on software agents rather than human buyer or seller. An agent is able to search, negotiate, monitor, and close a deal with minimum human intervention. Future deals will also be more complex than just purchasing a book. Services (such as wedding consulting) can be bought and monitored. Larger scale of services can also be automated. Because of use of object-oriented technology, the Shopbest products not only allow site builders to open store front, buyers to search the market, sellers to gather sales leads, they also provide the automation of purchase and sell process. Decision rules, business conventions, human interventions will be applied to specific areas or categories of products and services. We look forward to facing the challenge, and producing better, convenient tools to facilitate the shopping environment with modern technology. That is also our commitment.

To: john who wrote (553)	10/11/1999 10:22:00 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 1774

This could get interesting, spin off share divs?? Huh, maybe?? Or am I just thinking wishfully. "Digital Gas has placed the rights to this portal in a wholly owned subsidiary and U-Know will receive equity in that company as Digital exercises options to purchase U-Know common stock, which U-Know is in the process of taking public. No details of this aspect of the agreement will be made available until the Board of Directors of each company approves the transaction."