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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Tom Allinder who wrote (38594)3/22/2000 10:52:00 AM
From: Tom Allinder  Respond to of 150070
 
LOS ANGELES--(BUSINESS WIRE)--March 21, 2000--Wareforce.com
(OTCBB: WFRC), a leading provider of information technology (IT)
systems, technical services and e-commerce solutions for business,
announced today that effective March 17, 2000, uMember.com, Inc.
(OTCBB:UMEM) has completed its previously announced reverse
acquisition transaction. uMember.com shares are now trading on the
Over the Counter Bulletin Board under the symbol "UMEM." uMember.com
is a "one-stop" Internet destination site that provides convenient
online discount shopping and community services to membership-based
organizations.
Prior to the transaction, Wareforce.com owned approximately 60%
of uMember.com. With the closing of the transaction, Wareforce.com now
owns approximately 40% of uMember.com, representing over eight million
shares.

About Wareforce.com

Wareforce.com, with headquarters in El Segundo, California, is a
leading provider of IT systems, technical services and e-commerce
solutions to government organizations, educational institutions, and
small, middle-size and Fortune 1000 companies. Through nine months
ended September 30, 1999, Wareforce.com recorded $108 million in
sales.
Wareforce.com has integrated its $2 billion virtual warehouse
featuring 140,000 computer-related products with the Commerce One
MarketSite(TM) Global Trading Portal, the U.S. portal for exchanging
goods and services among businesses worldwide. This allows customers
immediate access to one of the most comprehensive online inventories
of IT products available today. Wareforce.com is committed to provide
B2B e-commerce solutions using open industry standards. By adopting
XML as the standard interface with internal ERP systems, Wareforce.com
provides a complete, seamless integration with leading online
procurement technologies. Wareforce.com is located on the World Wide
Web at www.wareforce.com.

About uMember.com

With a business strategy of Business to Business to Consumer
(B2B2C), uMember.com expects to market to credit unions, professional
associations and the employee bases of large corporations and
educational and government institutions. A part of the strategy is to
co-brand the uMember.com Web site, products and services with each
affiliated membership group.
Members can shop online from a virtual warehouse of competitively
priced name-brand products and services and can bid on products
through online auctions. Current offerings include computer products,
consumer electronics, home appliances, gifts, jewelry and watches,
apparel and accessories, auto parts, flowers, sporting goods, home
improvement items, cosmetics and fragrances, toys and hotel
reservations.
In addition, uMember.com provides access to headline news,
personal interest services and other Internet portal features. Each
affiliate site will be customized to allow participation in community
chat rooms, bulletin boards and classified ads specific to that
community. uMember.com is located on the World Wide Web at
www.umember.com.

Got in late on this one at 7 and 7 1/16... but WFRC hugely undervalued my opinion.

Tom