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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce -- Ignore unavailable to you. Want to Upgrade?

To: chapin who wrote (2775)	11/3/1999 12:04:00 AM
From: chapin	Respond to of 2994

November 02, 1999 15:39 HouseHold Direct.com Defines Web Site Acquisition householddirect.com SOUTHBURY, Conn., Nov. 2 /PRNewswire/ -- HouseHold Direct.com (http://www.householddirect.com) (OTC Bulletin Board: BYIT) The acquisition of Megappliance.com by HouseHold Direct.com, Inc. has been completed. Payment of 350,000 restricted common shares serves as the equivalent to a cash payment of $350,000; thereby, pegging the stock price at $1.00 per share. The programming and design team contracted to build the Megappliance Web Site, is being contracted by HouseHold Direct.com to continue in the development and implementation of the site, and to extend the use of the site. Other Corporate objectives will be enhanced as well, including the ability to add more features to the HouseHold Direct E-commerce site making the new version more user friendly and providing additional product features. This design team will expand the capabilities of Thunderstick Software, LLC, the wholly owned technology subsidiary of HouseHold Direct.com, for the new site launch scheduled after the first of the year. "The faster we implement our membership service platform, the faster we can grow the membership base. We are extremely pleased with this new acquisition because it allows us to grow the web technology faster than we had planned", stated John Folger, President of HouseHold Direct.com. HouseHold Direct.com (http://www.HouseHoldDirect.com), offers a unique "cost-plus" shopping service on the Internet that allows consumers to buy brand name products at direct manufacturer and distributor prices. By eliminating any retail markup, the consumer benefits directly, and the manufacturer gains the ability to offer extremely specific product offers to qualified consumers. For additional investor, media information or to have your name and address included on the Company mailing list, please address all inquiries to infohhd@earthlink.net. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. SOURCE HouseHold Direct.com /CONTACT: HouseHold Direct.com, 877-643-8821/ /Web site: householddirect.com (BYIT)