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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (1858)	12/8/1999 11:15:00 AM
From: Norms	Read Replies (1) \| Respond to of 4792

Just picked up USAV on 3 Million Revenues News and Hector Device December 08, 1999 10:52 CostPlusFive.com Revenues Near $3 Million; Company Set to File 10Q BERMUDA DUNES, Calif., Dec. 8 /PRNewswire/ -- CostPlusFive.com, Inc. (OTC Bulletin Board: USAV) announced today they expect their consolidated revenues for the ten months ended October 31, 1999 to be nearly $3 million. The company also indicated it would be filing its third quarter 10Q report with the SEC on or very near December 15, 1999. Asked to comment on the company's performance, President Frank Scivally said, "The addition of Beverly Boulevard Associates, our recently acquired courier company in Los Angeles, has provided us with all it promised in terms of revenues to this point. I don't believe we will be profitable for the reporting period, but we are getting much closer. Our on-line marketing of CostPlusFive's HECTOR(TM) has begun to get the attention expected, and we look for that product to account for an increasing percentage of our revenues in the new year. I know we are getting substantial interest in HECTOR from overseas, and indications are that we may sell several thousand units of that innovative piece of equipment within the next few months." Scivally also indicated that the tardiness in filing the 3rd quarter report was solely due to consolidation issues with the courier company acquisition. CostPlusFive.com is an Internet e-commerce business specializing in the sale of computers and computer equipment at 5 percent over cost. Its courier company acquisition is intended to provide better service turn-around times as well as faster delivery of products ordered on-line. The company was recently featured as a leading on-line retailer on the Mark Hamill-hosted "dot com" show on CNBC. CostPlusFive.com recently introduced a new home and home office PC it calls HECTOR that also performs nearly every home entertainment function imaginable. HECTOR allows its owner to multi-task work and play at the same time on a split screen. It turns a PC into a TV or it can turn a TV into a PC, all for a fraction of the cost of owning all the hardware necessary to do what it does. Visit the company's website at www.costplusfive.com and see the amazing HECTOR. For more information on the company, contact CostPlusFive.com Investor Relations representative, Skip Nordstrom, at (714) 751-7547. This press release may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from the statements contained herein. Such risks and uncertainties include, but are not limited to, changes in the performance of the financial markets, changes in the demand for and market acceptance of the company's products and services, changes in the Internet industry, and the impact of competition, and other risks disclosed from time to time in the Company's regulatory reports and filings. SOURCE CostPlusFive.com, Inc. /CONTACT: Skip Nordstrom, Investor Relations representative for CostPlusFive.com, 714-751-7547/ (USAV)