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To: Jim Bishop who wrote (53839)7/7/2000 2:57:53 PM
From: Jim Bishop  Read Replies (2) | Respond to of 150070
 
SHPS last month's news.

SHOPSS.Com Signs Letter of Intent to Acquire AccessTel

Change in Business Focus to Telecommunications

PLAINVIEW, N.Y.--(BUSINESS WIRE)--June 12, 2000--SHOPSS.Com (OTCBB:SHPS - news) announced today that it has entered into a letter of intent to
acquire all of the issued and outstanding stock of AccessTel Inc. The specific details of the acquisition were not disclosed at this time. AccessTel's business plan is to
provide international Voice over Internet Protocol telephony, augmented with last mile ``Wireless Infrastructure'' for Wireless Internet Applications, between the
United States and certain Asian countries.

Lawrence Liang, President and CEO of AccessTel Inc., has over 30 years of management experience in U.S. high-tech companies such as IBM, Genoa Systems
and Telecom Marketing, to name a few. Mr. Liang spent 16 years at IBM and was responsible for the development of evolving generations of semiconductor and
computer technologies. Over the course of the past 14 years, Mr. Liang was the founder of three high-tech companies in Silicon Valley, which have delivered to the
industry multiple innovations and contributions in new technology development. He has maintained many high-level business relationships throughout Asia.

Jerry Conca, President of SHOPSS.Com said, ``The acquisition of AccessTel Inc. represents a significant change in the business activities of our company. We
believe our decision to move forward in the field of international telecommunications, through the acquisition of AccessTel, coupled with our proven marketing
expertise, will be of great value to our shareholders.''

Forward-looking statements in this release are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are
cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and
technological changes, the company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's
periodic reports filed with the Securities and Exchange Commission.

Contact:

Worldwide Corporate Finance
Sy Mitzner, 818/783-0054
or
shopss.com



To: Jim Bishop who wrote (53839)7/8/2000 1:21:43 AM
From: Katie Kommando  Read Replies (1) | Respond to of 150070
 
Looks like a nice turnaround for SHPS. I guess the answer to my question which I asked several days ago is "yes." LOL!!

Message 13995361

Katie K.



To: Jim Bishop who wrote (53839)7/8/2000 7:45:26 AM
From: StocksDATsoar  Read Replies (1) | Respond to of 150070
 
ragingbull.altavista.com

By: Francois+Goelo $$$$
Reply To: None Friday, 7 Jul 2000 at 10:37 PM EDT
Post # of 1079


¶ Preliminary Due Diligence on SHPS/AccessTel....

ragingbull.altavista.com

SHPS+47% on continued heavy volume of 299,000 shares was again much sought after yesterday... Today, SHPS gained an additional 33%... Due Diligence has revealed the involvement of Dr Lee, who is widely considered as the "father" of modern Wireless Telecommunications, has written a number of highly respected books and maintains extensive contacts with the major players in the Industry... He currently works as Chief Technology Officer/Vice President for Vodaphone Airtouch (VOD Market Cap: $275 Billion)...

imcadvisors.com

..."It is anticipated that Dr. Lee will join the Company on a full time basis upon its successful funding and will provide AccessTel with it's strategic direction. Dr. Lee will also establish and direct a 3G Wireless Lab for the Company"...

imcadvisors.com

It is believed, according to the above Links that Dr Lee, as a FOUNDING PARTNER, has a stake of some 1000,000 shares in AccessTel and sits on the Board of Directors... Having such a large holding, it is expected that he will play a big part in the destiny of the new Company...

digevent.com

Here are additional posts of interest on Dr Lee and AccessTel...

ragingbull.com

ragingbull.com

ragingbull.com

Disclaimer:

This is only the personal opinion of a potentially biased long, not a recommendation and no responsibility is accepted for errors or omissions... Would-be investors should carry out extensive Due Diligence and only invest what they can afford to lose...

JMHO, F. Goelo + + +



To: Jim Bishop who wrote (53839)7/8/2000 7:49:44 AM
From: StocksDATsoar  Read Replies (1) | Respond to of 150070
 
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