SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: Warren A. Wilbur, Jr. who wrote (39466)2/6/2001 12:39:01 AM
From: Warren A. Wilbur, Jr.  Read Replies (1) | Respond to of 40688
 
Here is one of the articles:

Tuesday November 21, 12:13 pm Eastern Time

Press Release

Eco Associates Completes $5.8 Million Financing
Package for Mall.com

Mall.com Successfully Restructures Operations

AUSTIN, Texas--(BUSINESS WIRE)--Nov. 21, 2000--Eco Associates, an Austin-based affiliate of Interfase Capital,
today announced the completion of a $5.8 million financing commitment for Mall.com, the premier online shopping
destination.

Terms of the refinancing package were not disclosed.

``Mall.com has achieved a remarkable turnaround to become a viable business with excellent prospects,'' said Scott J.
Hyten, Interfase's managing general partner and chief executive officer. ``We intend to lead Mall.com's next round of
funding, and we expect significant interest from capital markets, based on Mall.com's successful restructuring.''

``Interfase's financial and management support is enabling Mall.com management to focus on core competencies and
further develop relationships with retailers,'' said Pete Freix, Mall.com's chief executive officer. ``The interim financing and
operational assistance has helped us emerge from a difficult financial situation with reduced expenses and revenue streams
that have quadrupled.''

As one of the most frequently visited online destinations, Mall.com is leveraging its strong relationships with major national
retailers to provide consumers with value-added services. Page views at the Mall.com Web site have increased six-fold in
recent months to up to 18 million per month, and unique visitors to the site have quadrupled to approximately 1.2 million
per month. More than 160 premier department and specialty stores offer products on the Mall.com site, including Barnes
& Noble, Nordstrom, The Sports Authority, FAO Schwartz, K B Kids, The Sharper Image and Office Max.

About Mall.com

Headquartered in Austin, Texas, Mall.com is the premier shopping destination bringing shoppers and retailers together.
Mall.com adds value to the shopping experience by providing unique savings opportunities and world-class conveniences.
Integrated technology allows shoppers to purchase brand-name merchandise from multiple national retailers and access a
variety of personalized services from a single point of contact. Additional information is available at: mall.com.

About Eco Associates

Eco Associates, an affiliate of Interfase Capital, invests in underfunded e-commerce companies that hold market leadership
positions. By outsourcing technology infrastructure and systems integration to Eco Associates affiliates, acquired
companies are able to reduce costs dramatically and focus on the development of core vertical markets.

Trademarks appearing in this document are the property of their respective owners.

Contact:

Interfase Capital, Austin
Joseph C. Allen, 512/328-8113
info@interfase-capital.net