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Gold/Mining/Energy : BPI, Big Picture Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Bid daddy who wrote (200)	4/11/2000 7:05:00 AM
From: Jeff Chan	Read Replies (2) \| Respond to of 249

News Release!! Big Picture teams up with Coollink.com Big Picture Technologies Inc BPI Shares issued 16,294,250 Apr 10 close $4.92 Tue 11 Apr 2000 News Release Mr. Michael Anthony reports The company has entered inot a far reaching technology and marketing alliance with Coollink.com, a leading Internet service provider (ISP) and applications services provider (ASP) headquartered i Dallas. Under the terms of the agreement the two companies will collaborate on a wide range of product, technology and marketing initiatives, centering initially around a co-branded version of Big Pictures's eMerchant pro product. Specifically, Big Picture will provide Coollink with a customized version eMerchant pro reflecting the logos and brands of both companies. This co-branded product will be offered exclusively to Coollink's ISP and e-commerce hosting customers -- numbering in the tens of thousands -- and through Coollink's relationships with partners such as Tiger Direct, PC Mall and PC Warehouse. Coollink will bundle the product with its top two tiers of hosting services without additional charge and will offer it as an opotion to the lower two tiers. The co-branded eMerchant pro will only be available on-line, and will not be packaged for distribution. Other features of the relationship include the automatic registration of eMerchant pro users from both companies in Coollink's proprietary shopping mall, and the availability to Big Picture of Coollink's on-line auction facilities, both without additional fees for eMerchant pro users. In commenting on the alliance, Bill Carroll, Coollink executive vice-president, noted: "We are extremely impressed with the power, completeness and price competitiveness of the eMerchant pro and eClerk products and we view this as an opportunity to add meaningful value to our hosting offerings. At the same time, we see significant benefits from the complimentary business models of the two companies -- Coollink's emphasis on on-line marketing and fulfillment and Big Picture's focus on the physical sotftware channel. We look forward to expanded collaboration with Big Picture on a number of fronts." Michael Anthony, Big Picture president and chief executive officer, noted: "The relationship with Coollink is significant for a number of reasons. Firstly, it represents the initial phase of a planned foray into one of a number of secondary markets for eMerchant pro -- the thousands of U.S.-based ISP's and ASP's wishing to enhance their hosting and e-commerce solutions. This market is distinct from that serviced by our traditional retail channel and will accelerate eMerchant pro's status as an industry leader in key market segments." "Secondly, the bundling of eMerchant pro with other vendors products and services, as Coollink is doing, is an important development, and one that we are seeing with increasing frequency. The recent RetailVision show in Los Angeles, generated not only 12 new major retailers for eMerchant pro, and key new promotions with existing resellers, but a number of bundling and co-marketing opportunities as well. In the very near term, Big Picture will team with leading vendors of complimentary small business software in a variety of co-marketing and cross-promotional bundles." Anthony added, "As a result of these initiatives, we expect sales of eMerchant pro, which exceeded expectations in the first quarter, to show even more aggressive growth in quarter 2." (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com