To: John Crovelli who wrote (6608 ) 7/7/1998 9:49:00 AM From: MelF Respond to of 8798
iMALL To Begin Trading On Nasdaq Small Cap Market Business Wire - July 06, 1998 16:32 Jump to first matched term STUDIO CITY, Calif.--(BUSINESS WIRE)--July 6, 1998--iMALL Inc. (OTC BB:IIML) today announced that its common stock, previously traded on the OTC Bulletin Board of the National Association of Securities Dealers, Inc., will begin trading on The Nasdaq SmallCap Market on Monday, July 13. The stock will trade under the symbol "IMAL." Richard Rosenblatt, the Company's Chairman and Chief Executive Officer, commented, "We are pleased to gain the increased exposure and visibility of a Nasdaq listing and believe this listing is a testament to our solid financial position. Having created the world's first and largest independent Internet mall, we have spent the last six months focused on expanding and strengthening the Electronic Commerce segments of our business through recent agreements with such leading companies as Animalhouse.com, Cardservice International and Verio Web Hosting, Inc. (NASDAQ:VRIO)." iMALL is a pioneer in electronic commerce services, providing compelling Internet solutions to businesses of all sizes enabling them to capitalize on the vast Internet marketplace. iMALL offers its electronic commerce services directly to merchants, as well as through partnerships with leading ISPs, Web hosting firms and financial service companies with an Internet focus. The Company also operates the largest shopping mall on the Internet, located at www.imall.com, with more than 1,600 hosted storefronts and millions of visitors monthly. Certain of the above statements may be forward looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments and risk factors listed from time to time in the Company's SEC reports. CONTACT: iMALL, Inc. Anthony Mazzarella, 818/509-3600 or Morgen-Walke Associates Chris Danne/Todd Friedman, 415/296-7383 Sandra Badurina/Karen Amlong, 212/850-560