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Technology Stocks : Avaterra.com "AVAR" Virtual Zones on the Internet -- Ignore unavailable to you. Want to Upgrade?

To: maxum who wrote (27)	2/10/2000 9:39:00 PM
From: Sunseeker	Read Replies (1) \| Respond to of 31

I received this email from Investor Relations yesterday. Avaterra.com is featured in an article in the Asia Internetnews. asia.internet.com The article can be viewed at asia.internet.com or read in its entirety below. Avaterra, M-WEB China in E-Com Avatar Scheme By Stefan Hammond Associate Editor, asia.internet.com [February 9, 2000--HONG KONG] Avaterra.com Inc., a provider of Net-based B2B and B2C communities, and portal M-WEB China announce the signing of a strategic partnership to develop a China-specific e-commerce "virtual world" based on avatars. The VZone, termed "VZChina", will be offered to M-WEB China subscribers, allowing their avatars to enter this China-specific Vzone. Avatars are customized graphical representations of subscribers express themselves by personalizing their appearance and communicating with other avatars through words, gestures and facial expressions. Avaterra says that unsurpassed user visit durations are a testament to the appeal of avatars and the personal bonds established within these communities. This VZone is expected to generate ongoing revenue through e-commerce transactions using Avaterra.com's virtual world and multi-media interface technology. M-WEB also plans to devote a sales force to sell virtual storefronts in VZChina to B2C-oriented companies in China, as well as North American and European companies seeking to enter the rapidly expanding Asian e-commerce market. Avaterra.com CEO David Andrews pointed out that users with access to the Internet in China tripled in 1999 and that total is expected to rise dramatically during the next decade. "It is an exciting opportunity for Avaterra.com to work with M-WEB and offer a Chinese VZone that will host an interactive e-commerce solution for business owning real-estate in VZChina," added Andrews. Philip Meyer, COO of M-WEB China said that his firm welcomed the partnership with Avaterra.com. "With the implementation of this powerful community tool, M-WEB China will be setting new standards and sending a clear message that M-WEB is serious about utilizing innovative new content and technology products to capture as large a portion of the Chinese portal market as possible," declared Meyer.