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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Frank_Ching who wrote (6355)1/6/2000 4:29:00 AM
From: Frank_Ching  Read Replies (1) | Respond to of 10354
 
Further DD on ZiaSun for interested parties .....

ZiaSun to Strengthen Its Leading Position in the Asian
Internet Industry With a New e-commerce Portal for
the Region

SOLANA BEACH, Calif.--(BUSINESS WIRE)--Dec. 22, 1999--ZiaSun Technologies, Inc (OTC BB: ZSUN - news), a
profitable Internet holding company, today announced that its wholly-owned Momentum Internet, Inc.
(www.momentumplus.com) subsidiary is in the advanced stages of developing a new Asian Internet portal.

ZiaSun explained that the new initiative is designed to strengthen Momentum's position as a recognized leader in Asia's
explosive Internet industry. The portal will be launched as a single online location for diverse information services catering to
businesses and individuals in Asia and throughout the world. Momentum Internet is creating the basis of its new e-commerce
portal by bundling the subsidiary's existing Asian business websites: Search Dragon (www.searchdragon.com) and `M Finance'
(www.mfinance.com - a top 100 financial site). This offering will be complemented by other Asia-focused services from
ZiaSun, including the online investing site SwiftradeHK (www.swiftradehk.com) and the e-commerce platform Asia4Sale
(www.asia4sale.com), as well as content from a myriad of online and traditional publishers.

``Hong Kong is buzzing with excitement over Asian Internet plays, and we are perfectly placed strategically to take advantage
of this high level of interest,' said ZiaSun President and COO Anthony L. Tobin who is based in Hong Kong. ``The recently
signed agreement between China and the United States is paving the way for China's entry into the World Trade Organization
and is significantly intensifying interest in the Asian Internet industry.'

Momentum Internet has Internet-literate Chinese-speaking staff who evaluates online concepts, ideas and business plans
relating to China and other Asian countries. This strength in analysis is complemented by the subsidiary's technical knowledge
and superior marketing abilities, from which new Asian Internet projects could benefit by integrating their operations into the
e-commerce portal.

The Hong Kong subsidiary of Momentum Internet is currently in discussions with several parties regarding content acquisitions
and strategic partnerships for the portal. This includes plans to feature an Asian hotel reservation system, an Asian executive
search service and extensive news coverage of China provided by a Hong Kong publisher of Chinese material. The portal may
also offer news on upcoming regional business events and an online English language course aimed at Asian executives.

Momentum Internet is a diversified Internet services firm with a range of products and services, including the world's first online
stock trading system for international investors, a premium web-based email system, an expanding advertising banner network,
a global financial news site and an Asia-focused search engine. 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, 858-350-4060
mark@pinmail.com
www.ziasun.com