Tuesday January 11, 9:40 am Eastern Time
Company Press Release
IChargeit, Inc., Begins Manufacturing and Marketing $399 Linux PC Computer Systems
TORRANCE, Calif.--(BUSINESS WIRE)--Jan. 11, 2000--iChargeit, Inc. (OTC Bulletin Board: ICHG - news), d.b.a. Shoppingplanet.com, a diversified Internet retailer, today announced it began manufacturing a line of Linux based PC Computer Systems for $399, through their wholly-owned subsidiary Bay Micro Computers, Inc.
The Company is marketing these systems on their web site, shoppingplanet.com, as well as through their Bay Micro reseller network.
The Linux based computers systems comes with a Linux based operating system, Sun Microsystems (NASDAQ: SUNW - news) Star Office Suite 5.1 software, which contains a word processor, spread sheet, presentation, drawing and browser programs, Corel (NASDAQ:CORL - news) WordPerfect Suite 8, an organizer, text editor, multiple games, an MP3 player, a media player, a CD player, a MIDI karaoke player, and utilities including an address book, calculator and tape back-up. The computer system is powered by an AMD (NYSE:AMD - news) K6-2 400 MHz CPU chip, and contains 32 MB PC-100 S-D Ram and a 4.3 GB IDE ulta-66 hard drive. The monitor will be sold separately.
Bay Micro Computers, Inc. President Andrew Akavan commented, ``The Addition of our Linux based line of PC Systems was a natural compliment to our line of Windows based PC Systems. With a starting price point of $399, we expect our Linux based systems to enable us to achieve a greater market share in the low to mid-priced PC market.'
iChargeit, Inc., is a diversified Internet retailer, and offers Computer hardware and software sales through its web site www.shoppingplanet.com, a general retail Cybermall on www.ichargeit.com, HTML Object Transfer Technology on www.webpagemail.com, and is in the process of launching traditional ISP Access to more than 500 cities in the U.S. and Canada as well as a high speed access in selected cities. Additionally, the Company operates as a B2B computer wholesaler through their wholly owned subsidiary Bay Micro Computers, Inc.
Investors contact Cynthia DeMonte, DeMonte and Associates at 212-473-3700, cdemonte@aol.com, or iChargeit, Inc. at 310-782-1122, ichargeit@ichargeit.com, brokers and analysts, Kathryn Jensen of Stockcom, Inc. at 877-878-6909, or CEO@stockpr.com.
Statements made in this news release that relate to future plans, Financial results, market growth and other projections, events or anticipated results are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results may differ materially due to a variety of factors including competition with providers of similar products and services that possess greater financial and marketing resources than iChargeit.
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