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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (16680)	10/13/1999 10:38:00 PM
From: Jetta	Respond to of 52051

Virtual Technology Becomes Authorized to Sell Gateway Wednesday October 13, 1:28 pm Eastern Time Company Press Release Virtual Technology Becomes Authorized to Sell Gateway www.virtual-world.com Adds Gateway Product Line MINNEAPOLIS--(BUSINESS WIRE)--Oct. 13, 1999--Virtual Technology Corporation (OTCBB:VTCO - news), a rapidly expanding global e-commerce company specializing in computer hardware, software and related services, today reported it has begun to offer the entire Gateway product line at its online store - www.virtual-world.com. Virtual Technology Corporation (VTC) adds Gateway products to an already robust product selection that includes over 60,000 hardware products and over 100,000 software titles. Greg Appelhof, President/CEO of VTC said, ''We are very pleased to add Gateway to our already significant lines of products. Gateway has exceptional products at great prices and together with our Free Shipping and On-Site Service Programs, our customers will now receive maximum value from their Gateway purchase. Our business and end-user customers have requested Gateway products. This alliance demonstrates our ongoing commitment to meet and exceed customer requests. '' Gateway products are available immediately via www.virtual-world.com and will include detailed product descriptions and specifications. Shoppers can simply ''click'' on a Gateway item and it will be delivered FREE with standard UPS shipping. VTC will package select ''bundled'' configurations for further added value. ABOUT VIRTUAL TECHNOLOGY CORPORATION Virtual Technology Corp. (VTC) is an e-commerce company specializing in the sale of high-performance computer hardware, software and peripheral products to sophisticated computer users. The Company provides end-to-end e-commerce solutions through four primary business units: an ''e-tail'' web site located at www.virtual-world.com offers more than 60,000 choices of brand name computer products and over 100,000 software titles; Graphics Technologies Inc. (www.graphicstech.com) a 12 year old wholesaler and distributor of high-end computers and graphic products with seven regional offices and 1998 net sales of $65 million; Techmart, a provider of private label community shopping web sites as well as the required inventory, fulfillment and transaction processing systems; and a technology product auction service located at www.vtcoauctions.com. Statements in this Press Release that are not purely historical are ''forward looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding VTC's expectations, hopes, beliefs, intentions or strategies regarding the future generally, VTC's growth strategy, future sales and anticipated trends in VTC's business. All forward looking statements included in this Press Release are based on information known to VTC on the date hereof, and VTC assumes no obligation to update any such forward looking statements. It is important to note that actual results could differ materially from those in such forward looking statements as a result of a number of factors, most of which are out of the control of VTC, including, but not limited to, VTC's early stage of development, its lack of profitability and cash flows and competition for the sale of hardware and software products both on and off the internet. -------------------------------------------------------------------------------- Contact: Virtual Technology, Minneapolis Greg Appelhof CEO & President 612/915-1122 greg.appelhof@vtechco.com or Herbert Lanzet DeeDee Lanzet 212/687-0061 lanzet@aol.com