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Gold/Mining/Energy : GTR GROUP INC. (formerly Games Trader) TSE:GTR, AMEX:GIG -- Ignore unavailable to you. Want to Upgrade?


To: Professor Dotcomm who wrote (160)12/1/1999 2:35:00 PM
From: mr. ed  Read Replies (1) | Respond to of 290
 
Wednesday December 1, 1:53 pm Eastern Time

Company Press Release

GTR Group Announces Agreement With
Chapters Online to Sell Video Games on
Chapters.Ca

TORONTO--(BUSINESS WIRE)--Dec. 1, 1999--(TSE:GTR. - news;
AMEX:GIG - news; TSE:COL. - news)

Games Section Launched in Time for the Holiday Season

GTR Group Inc. a leading supplier of previously played and republished video games and video game
accessories, today announced that it has signed an e-commerce partnership agreement with Chapters Online Inc.
to market value-priced video games on its Web Site www.chapters.ca -- just in time for the holiday season. This
site now offers Canadian consumers a one-stop source to browse and purchase the hottest video games available.

GTR's ZapYou.com Internet division will use its turnkey vendor managed Internet program and its proprietary
games database to administer title selection, order processing and order fulfillment for Chapters.ca. The
agreement gives Chapters.ca access to more than 1,500 titles carried by GTR. Beginning today, consumers can
purchase the Top 10 games titles for today's leading video game systems: Sega Dreamcast, Sony PlayStation,
Nintendo 64 and Nintendo Gameboy. The Top 10 game titles listing makes it easy to find the ideal item for the
video game player on everyone's holiday gift list, from sports games like NHL 2000 and FIFA 2000 to the top
selling collection of Pokemon games, Chapters.ca offers all of the hottest games.

Customers on Chapters.ca can browse in-depth reviews and photos of today's most popular game titles before
choosing the title they wish to purchase. With the addition of video games, Chapters.ca continues to establish itself
as the leading online source for Canadians looking to purchase items for their leisure and entertainment activities.

''The demand for new and previously played video games is extremely high right now and we are excited to
partner with one of Canada's most successful online retailers,'' said Peter Kozicz, president and CEO, of GTR
Group Inc. ''The large customer base and established Internet presence of Chapters.ca will serve to expand the
distribution of our video games and accessories.''

''We are constantly expanding the products offered on our site as we continue to build a one-stop destination for
Canadian online shoppers,'' said Rick Segal, president and COO, of Chapters Online. ''Our agreement with GTR
will give Chapters.ca customers access to the most popular video game titles from Nintendo, Sony and Sega.''

About GTR Group

GTR Group Inc. is a diversified interactive entertainment company located in Brampton, Ontario. GTR's product
lines include previously played and republished video games for Nintendo, Sega and Sony game systems which
are marketed to mass merchants retailers and specialty retailers in North America under the GamesTrader brand
and a full range of video game accessories for video game consoles and PC gaming systems which are marketed
under the Mad Catz brand. GTR Group ZapYou.com e-commerce division partners with existing electronic
retailers in selling interactive entertainment products over the Internet.

About Chapters Online

Chapters Online Inc. (TSE:COL - news) is a Canadian e-commerce company which operates www.chapters.ca,
a leading Canadian destination for online shoppers. The Chapters.ca Web site features millions of book, music
CD, video, DVD, software and video game titles as well as consumer electronics from around the world at
Canadian prices and with a unique focus on products of interest to Canadians. Committed to providing a
convenient and hassle-free e-commerce experience, Chapters.ca offers a secure shopping environment,
easy-to-use search tools, and industry leading customer service. Chapters Online also supports the growth of
Canada's e-commerce industry operating one of the Internet's leading affiliate programs for Web site owners. In
September 1999, Chapters Online became a separate, publicly traded company from Chapters Inc. Chapters
Inc. (TSE:CHP - news), Canada's largest book retailer, retains a majority ownership stake in Chapters Online
and together the companies operate e-commerce kiosks at all Chapters stores across Canada. To learn more
about Chapters Online, please visit the Web site at chapters.ca.

Contact:

GTR Group Inc.
Peter Kozicz, 905/799-4700, ext. 229
or
ZapYou.com
Steve Reed, 905/799-4700, ext. 248
or
Chapters Online
Martha Cass, 416/263-5036
martha@chapters.ca
or
High Road Communications
Justin Creally, 416/368-8348
jcreally@highrd.com



To: Professor Dotcomm who wrote (160)12/8/1999 9:45:00 PM
From: Ruby  Read Replies (4) | Respond to of 290
 
in spite of every move to get the price moving up, the stock continues to fall. This looks very bad. I expect the stock to continue to languish for the next 3-6 months. A move to 2.80 will be interesting. At 2 dollars per share, it is worth buying.