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Technology Stocks : AMGV is Wal-Marts online BTO Vendor -- Ignore unavailable to you. Want to Upgrade?


To: JohnO who wrote (51)8/3/1998 5:18:00 PM
From: JohnO  Respond to of 91
 
Okay here's the first news release by Wal-Mart on BTO.

Wal-Mart Online to Roll Out Built to Order Computers

Contact: CHRIS WALKER (719) 548-1616

Bentonville -- August 3, 1998 -Wal-Mart Stores, Inc. announced
today that it will begin offering custom configured computers
through its Wal-Mart Online internet site (www.wal-mart.com).
The computers, available in tower, desktop and laptop models,
will feature a wide variety of hardware and software options.

"We are always looking for ways to increase value and
convenience for our customers." said Phil Martz, Director of
Wal-Mart Online, "Built to order computers are another way that
we can bring that to Wal-Mart Online customers. Custom
configuration allows us to offer customers the computer that
directly meets their needs."

The computers will be marketed under the Avail brandname.
ACI Microsystems, a wholly owned subsidiary of American
General Ventures, Inc. (OTC bulletin board: AMGV) will handle
production as well as technical support and warranty repairs.

"The Wal-Mart Online order process is very user-friendly,
allowing customers to easily configure and purchase their
computers. After the order is received, their computer will be
shipped from ACI within 5 (five) working days direct to their
home or place of business," said Chris Walker, Chief
Operating Officer of ACI Microsystems.

Wal-Mart Stores, Inc., based in Bentonville, Arkansas,
operates more than 2,800 stores and clubs in 50 states.
Internationally, the company operates units in Argentina (13),
Brazil (9), Canada (145), Germany (21), Korea (4), Mexico
(404) and Puerto Rico (14), and under joint venture
agreements in China (3). Wal-Mart employs more than
720,000 associates in the U.S. and 115,000 internationally.
Wal-Mart (WMT) is listed on the New York and Pacific stock
exchanges.