To: SCOOBEY-DO who wrote (268 ) 6/1/2000 7:08:00 PM From: SCOOBEY-DO Respond to of 270
WebCo-ops.com, Inc. to Launch Online Trading Exchanges Powered by ActiveCommerce E-Commerce Toolset TORONTO--(BUSINESS WIRE)--June 1, 2000--Treasury International Inc. (OTCBB:TREY) is pleased to introduce its new business unit WebCo-ops.com, Inc. The Company is in the business of developing online trading co-operatives targeted at several vertical markets where Treasury currently has focused activity with its other subsidiaries Compelis Corporation and Retailport.com, Inc. Look for upcoming news on the various initiatives to be deployed. AMR Research recently estimated that the growing B2B e-commerce market would hit $5.7 trillion by the end of 2004, over 52% of those transactions are predicted to flow through online exchanges. ActiveCommerce These online trading co-operatives will be architected on the Company's ActiveCommerce E-commerce/E-business infrastructure. ActiveCommerce is a feature rich web development toolset that enables companies to deploy their online E-commerce initiatives powered by Microsoft's Industry Standard Internet technologies: SQL Server, NT and Site Server, Commerce Edition. Online Trading Co-operatives link buyers and sellers in an electronic marketplace designed to process transactions and exchange information in real-time. This automation of business processes allows trading partners to build more integrated and profitable relationships and to track more efficiently the movement on goods, services and transactions through their supply chains. These co-operatives strengthen the supply chain relationships between manufacturer, distributor, retailer and end consumer. WebCo-ops.com will create Internet portals with key partners and market influencers in order to maximize the co-operative's reach to manufacturers, distributors and consumers. This is evidenced by the Company's recently announced MachineToolCo-op.com joint venture to address the supply chain needs of the Machine Tool industry. This co-operative will bring a wide range of machine tool products online, including precision tools, cutting tools and other accessories. 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: Treasury International, Inc. Dale Doner, 360/895-0937, 360/895-1303 fax Marlin Doner, 519/579-9500 ext. 222, 519/579-4299 fax info@treyinvestor.com treyinvestor.com