To: Sir Auric Goldfinger who wrote (6981 ) 3/9/2000 10:00:00 PM From: Frank_Ching Read Replies (1) | Respond to of 10354
ZiaSun Subsidiary Online Investors Advantage Experiencing Record-Breaking First Quarter SOLANA BEACH, Calif., March 9 /PRNewswire/ -- ZiaSun Technologies, Inc. (OTC Bulletin Board: ZSUN - news), a profitable Internet holding company, announced today that its subsidiary Online Investors Advantage (OIA) is experiencing a record-breaking first quarter performance. The Company predicts that February 2000 will be OIA's most successful month ever. ZiaSun chairman D. Scott Elder commented, ``OIA's average workshop attendance is growing rapidly. Average attendance at OIA's stock investment workshops averaged 37 attendees each during 1999. A goal was set for 2000 to increase that amount to 45 attendees per workshop. However, the actual year-to-date average attendance is 54 attendees. Obviously, we expect this to have a very positive impact on ZiaSun's financial growth and earnings.' In addition to increasing the average workshop attendance, OIA has increased the number of workshops it offers each week. In the first quarter 1999, OIA conducted 3 to 4 workshops per week. OIA is now holding 5 to 6 workshops per week. This increase in the number of workshops, along with the increase in average workshop attendance, has contributed to the substantial growth of total income and net income for the first two months of 2000, compared to the same period in 1999. Comparison of OIA Revenues, January through February 1999 and 2000: 1999 2000 $ Change % Change Total Income $2,485,149.43 $7,728,298.07 $5,243,148.64 211% Net Income $337,410.00 $2,559,933.97 $2,222,523.97 658.7% About ZiaSun Technologies 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. SOURCE: ZiaSun Technologies, Inc.