VLUS news
ValuSALES.com, Inc. Announces Completion Of Purchase of Simply Streaming, Inc., Leader in Full Screen Streaming Video Technology FORT LAUDERDALE, Fla., Oct 5, 2000 /PRNewswire via COMTEX/ -- ValuSALES.com, Incorporated (OTC Pink Sheets: VLUS), a developer of Internet and Technology solutions for businesses to succeed in today's electronic economy, proudly announces that it has consummated the acquisition of Simply Streaming, Inc., a leading provider of streaming video products. Terms of the transaction were not disclosed. Streaming video is the most powerful web site marketing tool available today. It is the most efficient method of delivering audio, video and other multimedia in real-time over the Internet or corporate intranets, without wasting hard disk space and without any downloading time. With this addition, ValuSales.com becomes a one-stop shop for businesses to develop and enhance their corporate web sites and identities. "The company's mission has always been to become a dominant player in various media and Internet-related services from WWW hosting, web page design and development and Internet wireless solutions to streaming audio/video, flash and other visual solutions including Internet commercials," explained Jeffrey Harrell, CEO of ValuSales.com, "and we feel Simply Streaming will also add significantly to our growing revenues." "Simply Streaming's new public status provides an important first step toward enabling us to execute our strategy of becoming a leading streaming solutions provider," said Brad Specland, CEO of Simply Streaming, Incorporated. "We intend to use this platform to expand our capabilities of providing value-added solutions to ValuSALES.com's vast customer base." Brad Specland continued, "We are now poised to accelerate our rapid growth and further enhance shareholder value." About ValuSALES.com, Incorporated: ValuSALES.com was incorporated to develop Internet and technology products and related services that enable businesses to maximize the full potential of the Internet. The company provides value-added services that assist clients in establishing, developing and maintaining their Internet and e-commerce related businesses. ValuSALES.com companies offer e-commerce solutions, business-to-business services, marketing solutions, web site design and hosting, computer hardware, software & networking, wireless Internet solutions, and Internet Mortgage Banking. About Simply Streaming, Division of ValuSales.com: Simply Streaming is a leading streaming media company that enables companies to efficiently and cost-effectively prepare videos for web distribution by encoding and compressing them in a way that ensures reliable, high-quality streaming broadcasts on their corporate websites (http://www.simplystreaming.com). If you have any questions regarding this information please contact the company. To visit ValuSales.com, Inc. on the web go to: www.valusales.com www.valucomputers.com www.valumortgages.com www.odysseyadvertising.com www.webodyssey.cc www.simplystreaming.com Forward-looking statements and comments in this document are made pursuant to the safe harbor provision of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, maintain current sales levels, add new products and services and develop new Web sites are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including risks related to the demand for the company's products and services competition, and availability of capital. SOURCE ValuSALES.com, Incorporated CONTACT: V. Jeffrey Harrell, President CEO of ValuSALES.com, Incorporated, 954-792-3773, or e-mail, info@valusales.com/0 URL: valusales.com prnewswire.com (C) 2000 PR Newswire. All rights reserved. -0- KEYWORD: Florida INDUSTRY KEYWORD: MLM REA SUBJECT CODE: TNM OTC *** end of story *** |