NEWS! (PLCO)& KPNQwest to Market TX40 Concept
Play Co. Toys & Entertainment Corp. Announces That Its Subsidiary, Toys International Corp., Will Cooperate With KPNQwest to Market the New Media Concept TX40 KPNQwest Supplies Internet-Infrastructure SAN MARCOS, Calif., Sep 28, 2000 (BUSINESS WIRE) -- Toys International.COM a leading toy retailer in the USA and on the Internet, and KPNQwest, a joint-venture of the leading Dutch telecommunications company KPN and US alternative carrier Qwest Communications, today published a cooperation plan to market the recently introduced Toys International media concept TX40. KPNQwest supplies a capable and modern Internet infrastructure. KPNQwest will further use this innovative Website to demonstrate their broadband abilities and therefore supply www.TX40.net and its users with up-to-date technology. "KPNQwest is pleased to have been selected, by Toys International.COM, to provide TX40 with all the services to follow their ambitious growth. The joint-venture of Toys International.COM and KPNQwest guarantees Toys International.COM advanced technology with high capacity for TX40," said Guy Link, French Marketing and Communications Director at KPNQwest. About Toys Internatinal.COM: Toys International.COM (WKN: 928 617) is a toy retailer headquartered in the USA, which combines a conventional outlet store with a virtual Internet business. The company markets high-quality toys, educational toys, children's books and videos through 30 retail stores in the USA as well as via the Internet in Germany. Toys operates the website www.webjumbo.de in Germany, as well as www.toyswhypayretail.com in the USA. This year the website www.webjumbo.de was voted best online toy retailer in Germany by the Internet consumer magazine www.Gold.de. Additionally, the company has plans to develop further websites in other European languages with the goal of reaching more European markets in order to establish a Europe-wide network of Internet offers tailored to the individual needs of the various countries. In addition to that, Toys is currently working on TX40, a revolutionary new media concept and Web presence. TX40 restricts the regularly occuring, high expenses for Internet advertising, while maintaining the number of hits as well as the loyalty of site visitors at a constant high level. This concept will be celebrating its inception at a major international event on the 25th of October 2000. About KPNQwest: In April 1999, KPNQwest (Nasdaq:KQIP)(ASE:KQIP) came into being through a joint venture between the largest Dutch telecommunications enterprise, KPN, and the leading American IP carrier Qwest. KPNQwest is planning, building and operating "EuroRings," a high performance pan-European fiber optics network, to be completed by the year 2001, which will connect 46 European cities. The European network is linked via high-performance Trans-Atlantic cable to the fiber optics network of Qwest, in which over 130 cities in the USA are connected. This enables KPNQwest to supply the entire spectrum of data-oriented transmissions services in high-output networks in all the important metropolitan area of the world. At the same time, the company is also a carrier itself. It need not rent lines, and can independently decide on capacity, and therefore, availabilty of the network as well. For the customer this means: KPNQwest offers reserved capacities with a guaranteed high level of availability and maximum transmissions speed. Operation and services KPNQwest: KPNQwest is a leading facilities-based, pan-European provider of data-centric services based on Internet Protocol (IP). It is deploying a technology advanced 20,000km fiber-optic network connecting 50 cities throughout Europe and provides a full portfolio of data-centric IP-based services and other advanced telecommunications services, including a pan-European Digital Subscriber Line service. KPNQwest is one of the largest business ISPs in Europe with operations in 15 countries. KPNQwest has twelve CyberCenters(TM) and has announced plans to build a further eighteen 10,000 square meter CyberCenters across Europe, on its high-capacity fiber-optic network to provide web-hosting, application sharing and telehousing services. Website: www.kpnqwest.fr Play Co. is a toy retailer with 34 stores located in nine states. 34 of those stores are operated by their subsidiary Toys International (publicly traded on the Frankfurt Stock Exchange in Germany Under the symbol TY40). The Company operates under the Play Co. Toys, Toys International and Toy Co. trade names. The Company specializes in offering educational, specialty, collectible, specialty imported and traditional toys. Statements contained in this press release which are not historical facts may be considered forward looking information with respect to plans, projections, or future performance of Play Co. Toys as defined under the Private Securities Act of 1995. These forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected. CONTACT: Playco Toys, San Marcos Jim Frakes, 760/471-4505 760/471-9624 (fax) URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. |