I bought 2,500 at 1.25 on good news on TIGI. (COMTEX) B: TSIG.com Announces that Reliant Interactive Media Corp. P
B: TSIG.com Announces that Reliant Interactive Media Corp. Partners with Planet
E Shop for India and China Markets
ST. PETERSBURG, Fla., Sep 14, 2000 (BUSINESS WIRE) -- TeleServices Internet
Group Inc. (OTCBB:TIGI), known as TSIG.com, today announced that Reliant
Interactive Media Corp. has recently entered into a partnership agreement with
Planet E Shop to be its exclusive distributor for AS SEEN ON TV products in
India and China. TSIG.com recently announced that it is acquiring the business
of Reliant.
"This is a great opportunity for Reliant to extend its presence globally. India
has over one billion people with the largest middle class in the world and China
has over one and a quarter billion people," said Kevin Harrington, CEO of
Reliant. "Having such a powerful global partner as Planet E Shop, with all its
fulfillment and customer service operations in place, will put Reliant products
in front of 40% of the world's population outside of the U.S. The growth
potential is staggering and we are very excited about our alliance."
Planet E Shop will commence its direct response product marketing efforts with
Reliant in India in mid-October, 2000, with the launch of a 24-hour
home-shopping channel. By April, 2001, Reliant will begin to roll out its AS
SEEN ON TV campaigns in China through the Plant E Shop network.
(COMTEX) B: TSIG.com Announces that Reliant Interactive Media Corp. P
B: TSIG.com Announces that Reliant Interactive Media Corp. Partners with Planet
E Shop for India and China Markets
ST. PETERSBURG, Fla., Sep 14, 2000 (BUSINESS WIRE) -- TeleServices Internet
Group Inc. (OTCBB:TIGI), known as TSIG.com, today announced that Reliant
Interactive Media Corp. has recently entered into a partnership agreement with
Planet E Shop to be its exclusive distributor for AS SEEN ON TV products in
India and China. TSIG.com recently announced that it is acquiring the business
of Reliant.
"This is a great opportunity for Reliant to extend its presence globally. India
has over one billion people with the largest middle class in the world and China
has over one and a quarter billion people," said Kevin Harrington, CEO of
Reliant. "Having such a powerful global partner as Planet E Shop, with all its
fulfillment and customer service operations in place, will put Reliant products
in front of 40% of the world's population outside of the U.S. The growth
potential is staggering and we are very excited about our alliance."
Planet E Shop will commence its direct response product marketing efforts with
Reliant in India in mid-October, 2000, with the launch of a 24-hour
home-shopping channel. By April, 2001, Reliant will begin to roll out its AS
SEEN ON TV campaigns in China through the Plant E Shop network.
Planet E Shop is in partnership with India's Hinduja Group, which owns and
operates some of India's major cable networks -- Incable and CVO. Incable is a
full-service cable provider with a 24-hour shopping channel aired in the local
languages. CVO is India's largest cable provider with programming that includes
long-form infomercials.
Harrington further explained Reliant's partnership with Plant E Shop includes
the establishment of a production facility in Mumbai (Bombay) to produce AS SEEN
ON TV short and long-form infomercials for the Indian market.
About Reliant Interactive Media Corp.
Reliant Interactive Media Corp., based in Tampa, Florida, is a leading
infomercial production and AS SEEN ON TV product distribution company. Reliant
combines the marketing power of television and the personal computer to sell
cutting-edge products to consumers. Reliant produces long-form commercial
programming to drive customers to purchase products through the telephone or
over the Web. Reliant's business model is to develop customers for their Web
properties at no direct acquisition costs, because the production and the media
costs are being covered independently of Web site sales.
About TSIG.com
Headquartered in St. Petersburg, Florida, TeleServices Internet Group Inc.,
known as TSIG.com, has recently acquired GeneralSearch.Com, an Internet search
engine and portal, and has entered into agreements to acquire The Affinity
Group, an affinity marketing and sales company, and Reliant Interactive Media, a
direct marketing company that drives retail sales via television and the
Internet. TSIG.com forms myCard partnership agreements with national
corporations and non-profit organizations, and then works with those partners to
design revenue-generating programs that attract consumers to their Web sites.
The first myCard program was myMusicCard, which enables consumers to purchase
CDs and cassettes at the lowest available prices. Similarly TSIG.com's
myPhotoCard programs provide low-cost film processing and Kodak Film, and the
myPhoneCard programs provide low-cost prepaid long-distance calling card
services.
These customized marketing programs are intended to provide recurring revenues
to TSIG.com and its partners, and help develop strong brand loyalty and
awareness within target communities. TSIG.com further enhances its myCard
programs by providing customer service and support with its Web-based call
center and related services. With non-profits, TSIG.com is engaged in
"cause-related marketing" and has a "volunteer sales force" of millions
generating sales and driving traffic to Internet sites for the lowest customer
acquisition cost in the business. TSIG.com is the national marketing partner of
UCP, the nation's largest non-profit health care organization and leader in the
disability field, which each year serves over 1 million people with disabilities
in the United States. TSIG.com's corporate web site is at www.tsig.com and the
myMusicCard web site is at www.mymusiccard.com.
CONTACT: TeleServices Internet Group Inc., St. Petersburg
Paul Henry, 727/897-4000
phenry@tsig.com |
