To: SSP who wrote (20135 ) 1/13/2000 2:35:00 PM From: Due Diligence Read Replies (1) | Respond to of 150070
Golden lister news: (BSNS WIRE) IRTG / Xpedian.com Announce Product Debut IRTG / Xpedian.com Announce Product Debut Business Editors CHARLOTTE, N.C.--(BUSINESS WIRE)--Jan 13, 2000--IRT Industries, Inc. (OTC BB: IRTG) Xpedian.com, Inc. of Florida announced today the debut of its first product "InsTrust." On January 29, 2000 IRTG will show a group of 10 General Agency executives ("GA's") representing a nationwide base of approximately 32,000 brokers. "Though terms of the arrangements between IRTG and Commerce Capital Group LLC (CCG) have not been finalized for representatives outside Florida, we view this as another positive step forward for the IRTG and its shareholders. This debut kicks-off the promotion of our products within our already established sales pipeline and signals the start of additional programs to promote our products to other financial services professionals," says Dale Chapman, President of IRTG. During the conference, representatives from IRTG and Commerce Capital Group, LLC (CCG) the licensor, plan to provide a live product demonstration, discuss sales strategies, and preview additional products and concepts that are in development. IRT management expects product usage to begin during the first quarter, and anticipates a 60 to 90 day orientation and distribution process for full integration of its services within the sales network. "This group of GA's is comprised of some of the most successful independent GA's in the nation. We view this opportunity as a major milestone for IRTG. Producers of their caliber and volume should translate into wide acceptance of our products and services through various promotions in the coming year," says Chapman. IRT Industries holds licensing agreements for software distribution/marketing rights to sophisticated expert system and Artificial Intelligence software, licensed by Commerce Capital Group, LLC. IRT will be using advanced technology to deliver their web-based financial and estate planning services. IRT expects that this business-to-business e-commerce network will enable established brokerage firms, CPA's, financial planners, insurance agents, attorneys and other financial intermediaries to provide value-added on-line products and services to their clients, in a simple more efficient and affordable manner. IRT Industries, Inc., (OTCC-BB: "IRTG") reports that it is current in all SEC financial statement reports. NOTE: Safe Harbor Statement: Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competition, continued acceptance of the company's products and services, fluctuations in stock price and liquidity, fluctuation operating results and other risks detailed from time to time in the company filings with the Securities and Exchange Commission. --30--bc/ch* CONTACT: IRT Industries Dale Chapman, 704/364-2066 xpedian.com or Capital Media Group, Inc. Dave Wood, 704/540-8138 capitalmediagroup.com KEYWORD: NORTH CAROLINA INDUSTRY KEYWORD: SOFTWARE E-COMMERCE COMPUTERS/ELECTRONICS BANKING Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***