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Strategies & Market Trends : IIML company called iMall/short term trade -- Ignore unavailable to you. Want to Upgrade?

To: PitBull who wrote (25)	4/2/1998 4:44:00 AM
From: ajunkh	Read Replies (1) \| Respond to of 33

Here's the Verio story. Verio is going public soon and should generate alot of press, which could spill over to IMall. Very thinly traded (often ~3000 shares a day). I'd love to know the latest on the NASDAQ possibility myself! We already know Steve Harmon has his eye on it, and if they get on the NASDAQ and get one even analyst to initiate coverage, I'd imagine the volumes would not remain at or near 3000 a day..... I hold a small highly speculative long position. Company Press Release SOURCE: iMall iMALL Leverages E-commerce Position with Launch of New Electronic Commerce Services Reseller Program Leading Hosting Provider Verio Web Hosting, Inc. Signed as First Master Reseller STUDIO CITY, Calif., March 12 /PRNewswire/ -- iMALL, Inc. (OTC Bulletin Board: IIMLD - news), creator of the world's first and largest independent Internet mall, today launched the iMALL Electronic Commerce Reseller Program, leveraging its position as a leading provider of secure, online shopping solutions. The new program will greatly extend iMALL's reach into the exploding e-commerce marketplace by empowering established Internet resellers to easily upgrade their clients' online presence into fully transactional, commerce-enabled web sites. Denver-based Verio Web Hosting, Inc., a leader in Web hosting solutions with more than 1,800 resellers in 60 countries, was named the first master reseller in the new program. ''This program will provide resellers with an on-going revenue stream while offering merchants an extremely cost-effective, turnkey solution for establishing a secure Internet storefront,'' said Richard Rosenblatt, chairman and CEO of iMALL, Inc. ''For an additional fee, merchants can also promote their products to iMALL's more than two million monthly shoppers to quickly attract a qualified base of customers who prefer to do their shopping online.'' A key to the new program is iMALL's iStore(TM) e-commerce and Internet storefront software, which is being made available for reseller use for the first time. iStore is the primary tool that iMALL uses to create commerce- enabled Web sites for its popular online shopping mall at www.imall.com. ''More than four years of continuous internal use and development have gone into the making of iStore,'' said Rosenblatt. ''With this mature product and iMALL's market reach behind them, resellers will be able to offer merchants an e-commerce solution that we believe is superior to anything else on the market. Throw in resellers' value-added services and their long-term relationships with merchants, and you've got a formula that is going to make a lot of resellers very successful.'' Reseller Program Details Two designations are available under the Electronic Commerce Services Reseller Program: reseller and master reseller. Master resellers, such as Verio Web Hosting, provide support for their resellers who offer Internet services to their business clients. Resellers may work directly with iMALL, but are encouraged to work through a master reseller. Discounts and support options vary based on the number of merchants a reseller or master reseller maintains. Training and sales/marketing support options will be announced at a later date. Private-labeling of iMALL's Electronic Commerce Services is available exclusively to qualifying master resellers. For more details about iMALL's Electronic Commerce Services Program, please contact Gene Bergmann at geneb@imall.com. Verio Web Hosting Signed as First Master Reseller Leading Web hosting vendor, Verio Web Hosting, Inc., today became the first master reseller for the newly announced program. Under the terms of the agreement, Verio Web Hosting will offer a privately labeled version of iMALL's Electronic Commerce Services through its more than 1,800 reseller partners in 60 countries. Verio Web Hosting currently hosts more than 30,000 Web sites. (See separate announcement from Verio Web Hosting, Inc. at newsroom.verio.net). ''The majority of our resellers are ISPs and Web design shops who are looking for ways to diversify and expand their product offerings. Not surprisingly, electronic commerce is at the top of most of their lists,'' said J. Kent Millington, president of Verio Web Hosting. ''iMALL's Electronic Commerce Services Program offers us a simple, ready-made way to put our resellers in the e-commerce business, which will also help to stimulate more Web hosting business for us.'' About iMALL, Inc. iMALL, Inc., is the creator of www.imall.com, the world's leading independent Internet mall and one of the most frequently visited electronic commercial destinations. iMALL's unique e-commerce architecture provides user-friendly search and purchasing features combined with the protection of secured transactions. iMALL's shares are publicly traded on the OTC Bulletin Board under the symbol ''IIMLD''. For more information on iMALL, Inc. call 818-509-3600, send e-mail to info@.imall.com or visit imall.com on the World Wide Web. iMALL and iStore are trademarks of iMall, Inc. All other trademarks mentioned are the property of their respective holders. SOURCE: iMall