To: Cooters who wrote (5082 ) 1/12/2000 10:20:00 AM From: Ruffian Respond to of 13582
PRESS RELEASE: Bentley Commun, China Firm In E-Commerce Deal ( BW)(CA-BENTLEY-COMMUNICATIONS)(BTLY) Bentley Communications Signs Exclusive China E-Commerce Supply Deal Business Editors MARINA DEL REY, Calif.--(BUSINESS WIRE)--Jan. 12, 2000--Bentley Communications Corp. (OTCBB:BTLY) has established a reciprocal exclusive working relationship with a Chinese manufacturing company specializing in electronic communications devices, primarily Pagers. This relationship will enable Bentley to combine the best functional aspects of products offered by companies such as Motorola (NYSE:MOT) and Qualcomm (Nasdaq:QCOM), but at a fraction of the cost. Initially, Bentley will serve as the Chinese manufacturers exclusive representative in North, Central and South America, serving wholesale clients via "buynetonline.com", it's E-commerce website which is scheduled for unveiling later this month. The alliance will also allow Bentley to sell proprietary products factory-direct from the People's Republic of China. This development is in alignment with BTLY strategies that include establishing the company as an E-commerce source for products that are either unique in nature or equivalent but significantly less expensive then those currently marketed by other companies. Bentley is scheduled to unveil its new site, buynetonline.com (http://www.buynetonline.com), which will serve as both a gateway and a fully integrated source for wholesale and retail consumer and industrial products. Buynetonline.com will combine the best aspects of websites like ebay.com (Nasdaq:EBAY), yahoo.com (Nasdaq:YHOO), and amazon.com (Nasdaq:AMZN), while passing cost savings directly to the buynetonline.com e-client through a fully functional auction arena. Close-outs, liquidation items, as well as discontinued items and excess inventory can be sold to the highest bidders directly by the company or with buynetonline.com acting as agent. We are all very excited about this development, which is among the first of many commercial inroads into Asia and brings Bentley ever closer to its growth goals for the year 2000. The contracts we are making in both commercial and governmental circles throughout the Eastern Hemisphere are proving invaluable, even at this early stage in our development. This is another example of how the Internet is changing the supply chain of virtually all industries, decreasing the number of middle-men and mark-ups, and enabling both industrial and consumer end-users to get products that are simply less expensive. "Simply put, E-tailers will lower their net cost of products when they buy online at buynetonline.com," said Gordon F. Lee, President of Bentley Communications Corp. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. --30--mj/ny* CONTACT: Bentley Communications Gordon F. Lee, President, 310/823-1431 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS E-COMMERCE INTERNET MARKETING AGREEMENTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com