To: StockDung who wrote (5972 ) 12/4/1999 4:13:00 AM From: Frank_Ching Read Replies (4) | Respond to of 10354
ZiaSun Announces Over Seven-Fold Sales Increase From In-House Telemarketing Team At Online Investors Advantage Subsidiary SOLANA BEACH, Calif.--(BUSINESS WIRE)--Dec. 3, 1999--ZiaSun Technologies, Inc (OTC BB:ZSUN), a profitable Internet holding company, today announced that sales generated by the inside sales division at its wholly-owned subsidiary Online Investors Advantage (OIA - www.i-advantage.com) have increased substantially every month since January 1999. OIA made strategic investments in its inside sales division earlier this year by acquiring advanced dialing equipment, computers and phones, and by hiring key sales personnel with proven track records in sales and marketing. As a result, the inside division's sales of OIA's training workshops (marketed at $3,995 per person) and home study course (retailing at $1,995 per unit) increased more than seven-fold from $50,000 in January 1999 to $362,000 in November 1999. In order to achieve increased operating efficiencies and reduced overhead costs, OIA will consolidate its inside sales division with its fulfillment services next month. ``Online Investors Advantage is continuing to build its inside sales division and consolidate operations into a larger office. This is being done in preparation for the first-quarter 2000 roll out of a new entry-level, online investing product,' explained ZiaSun Chairman Scott Elder. ``This expanded product offering is expected to further accelerate the exciting monthly sales momentum OIA has achieved since January.' OIA's high sell-through rate results from targeted marketing of qualified leads from individuals who have either attended or registered for its online investment training, as well as referrals from satisfied customers and its high-traffic website. About Online Investors Advantage OIA workshops have been ``Highly Recommended' by www.thesecurityblanket.com in its evaluation of investment education programs. OIA believes it currently offers the most in-depth investor training for optimum use of Internet-based investment and financial management tools and services. In addition to the www.i-advantage.com website, OIA also offers a video-based learning program that provides the web's most comprehensive range of financial information and tools, as well as a stock screening and evaluation system with 700 individual search criteria. About ZiaSun Technologies ZiaSun Technologies, Inc. is a leading Internet holding company focused on e-commerce and specialized online support services within North America, Asia and other international markets. The Company's Internet offering includes Asia4Sale (www.asia4sale.com), AuctionAsia (www.auctionasia.net), MEDIAhits (www.mediahits.com), Momentum Asia (www.momentumasia.com), Momentum Finance (www.mfinance.com - a top 100 financial website), Momentum Internet (www.momentumplus.com), Online Investors Advantage (www.i-advantage.com), PINmail (www.pinmail.com), Search Dragon (www.searchdragon.com), ServiceLive (www.servicelive.com) and Swiftrade (www.swiftrade.com). Note: Any statements released by ZiaSun Technologies, Inc that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risks and uncertainties that may affect the Company's business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the statements. Contact: OTC Financial Network Geoffrey Eiten 800-230-3519 / 781-444-6100 ext. 13 geiten@otcfn.com www.otcfn.com/zsun or ZiaSun Technologies Mark Harris, VP of Investor Relations 858-350-4060 mark@pinmail.com www.ziasun.com