To: bree123 who wrote (257 ) 5/11/2000 12:42:00 PM From: SCOOBEY-DO Read Replies (1) | Respond to of 270
Retailport.com, Inc. to Form Strategic Alliance With Edeal TORONTO, May 11 /PRNewswire/ -- Treasury International Inc. (OTC Bulletin Board: TREY) through its wholly owned subsidiary Retailport.com, Inc. announced today that it has signed a letter of intent to create a strategic alliance with the Edeal Auction Network. Retailport intends to integrate Edeal's online auctioning with its Retail Portal initiative as well as ActiveRMS, Retailport's leading Internet-based Retail Management System. Colin Webster, CEO of Edeal Auction Network (http://www.edeal.com ), stated "We are very excited to work with Retailport to expand our reach into the Retail market with our products. There is significant opportunity to win together through this relationship." The Edeal Auction Network is a community of consumer-to-consumer, business-to-consumer and business-to-business auction sites powered by Edeal's online auction technology and all joined by one powerful database. Members of the Network share a growing customer base attracted by the enhanced online experience and choice that auctions provide. edeal.com, the company's branded online auction site, is one of the most advanced, consumer- to-consumer trading communities in the world with numerous unique features and services -- all of which are available on Network partner sites. Lorne Shantz, VP Business Development at Retailport.com, Inc., explained how this unique value proposition benefits customers of ActiveRMS. "Our customers can now use ActiveRMS to add Auctioning as a new channel for their sales activities in addition to E-commerce and E-business initiatives. "By integrating E-Deal's product with ActiveRMS our customers can leverage the power of these Internet technologies to grow their businesses -- all through a single Internet-based application." Retailport.com, Inc., helps Retailers link mission critical information and knowledge assets with trading partners through ActiveRMS -- its Internet- based Point of Sale and Retail Management System. ActiveRMS delivers high performance in a real-time environment, addressing the requirements of Point-of-Sale, inventory management, customer management, ordering, receiving and transfers, promotions and special pricing as well as integrated e-commerce sales. ActiveRMS is deployed and hosted by a 3rd party ASP minimizing infrastructure costs for the retailer and delivering critical management information anytime, anywhere through the Internet. Certain information in this news release is forward-looking, relating to matters that may be affected by risks and uncertainties in the Company's business. These forward-looking statements are qualified in their entirety by the cautionary statements continued in the Company's Securities and Exchange Commission filings. Contact Information: For more information about ActiveCatalog, ActiveCommerce, ActiveDataHost or ActiveRMS, send email to info@compelis.com or info@retailport.com . Treasury International, Inc. Dale Doner 360/895-0937, 360/895-1303 fax Marlin Doner 519/579-9500 x222, 519/579-4299 fax info@treyinvestor.com treyinvestor.com SOURCE Treasury International, Inc. /CONTACT: Dale Doner, 360-895-0937, or fax, 360-895-1303, or Marlin Doner, 519-579-9500, ext. 222, or fax, 519-579-4299, or info@treyinvestor.com,