To: Truman123 who wrote (38541 ) 3/22/2000 9:39:00 AM From: Jim Bishop Read Replies (3) | Respond to of 150070
(BSNS WIRE) WSi Interactive Corporation Takes a 25% Interest in Flashcandy. WSi Interactive Corporation Takes a 25% Interest in Flashcandy.com Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--March 22, 2000-- WSi Interactive Corporation (CDNX:WIZ)(OTCBB:WIZZF) is pleased to announce that it has taken a 25 per cent interest in Flashcandy.com (www.flashcandy.com). Flashcandy.com is an on-line greetings card company with rich media and unique sound-animated cards suitable for all occasions. The site will have appeal across all demographic segments. Similar online greeting card companies are: Bluemountain.com, which sold last year to Excite @Home (Nasdaq:ATHM) for a value of US$780 million, and Egreetings Network (Nasdaq:EGRT). Under the agreement WSi will be taking an active role in the creative development and management of the site. Flashcandy.com cards are all original and are being developed by creative teams which include individuals who have worked previously on Disney animation projects. Petra Dueck, WSi's creative director for the project, said, "The creative development and execution going into Flashcandy.com is superior to anything else that is currently on the Internet." Flashcandy.com, with its head office in Las Vegas, will allow WSi to further lever the investments it has made in proprietary software and broadband, convergence technologies to stream the cards to recipients. Taking a position in Flashcandy.com is another strategic step for WSi as it rapidly moves forward with its plan of increasing assets and revenues through the development and acquisition of successful Internet businesses. The Business of WSi WSi Interactive Corporation is an innovative Internet business development and marketing firm, whose objective is to capitalize on direct marketing opportunities on the Internet. WSi builds, manages and markets online businesses in the financial, e-tailing and e-commerce, entertainment and e-advertising sectors. WSi focuses on early-stage companies where it can add significant value to the investment through a network of relationships and strategic alliances, using our experience in helping Internet companies build traffic, develop brands, and capitalize on a variety of revenue streams. In this regard, WSi is modeling itself on CMGI (Nasdaq:CMGI). Like CMGI, WSi started as a direct marketing agency in 1990 and has grown to become a specialist in e-advertising and e-commerce. WSi plans to establish itself as a recognized leader in the Internet economy, by creating a one-stop shop for e-commerce and e-advertising, plus financial information and entertainment. WSi properties include Medianetsolutions.com, Targetpacks.com, Westernshores.com, Stocksecrets.com, Yourwinestore.com, Healthcreator.com, Investmentworldnews.com and several others. To receive information on WSi by e-mail or fax, please forward your Internet address / fax no. to info@ws-i.com / fax: 877/499-5806. To fax your request please complete the following NAME: COMPANY: E-mail address: PHONE NO.: FAX NO.: Send by: E-mail or fax: yes/no. Or: e-mail only: yes/no Toll free: 888/388-4636 Fax: 877/499-5806 Websites: www.ws-i.com www.flashcandy.com ON BEHALF OF THE COMPANY "Theo Sanidas" Theo Sanidas, President This news release may contain forward-looking statements that involve risks and uncertainties, including the impact of competitive products and pricing and general economic conditions as they affect the Company's clients. Actual results and developments may therefore differ materially from those described in this release. No regulatory authority has reviewed nor accepted any responsibility for the adequacy or accuracy of the contents of this release. --30--gdr/sf* CONTACT: WSi Interactive Corporation Theo Sanidas, 888/388-4636 info@ws-i.com www.ws-i.com KEYWORD: NEVADA INTERNATIONAL CANADA INDUSTRY KEYWORD: ELECTRONIC GAMES/MULTIMEDIA INTERNET MERGERS/ACQ 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 ***