To: Ed Pettee who wrote (1388 ) 9/8/1998 4:30:00 PM From: ICANPIKM Respond to of 6545
Here is some info that I have uncovered. Interbet was supposed to be fully operational on Aug.31, they are the ones that are late. I can only rely on Dave Skinner's business reasons for giving Interbet a few more days to comply (possible future contracts?). Here is an article people might find interesting. An e-commerce company trading bulletin board without a revenue stream yet (a 10 dollar stock) NetGateway's Internet Commerce Center Launches with Admor Memory and ImageOne LONG BEACH, Calif., Sept. 8 /PRNewswire/ -- NetGateway, Inc. (OTC Bulletin Board: NGWY) has ushered in a new era of full-service, business- to-business electronic commerce solutions with the roll out of Internet Commerce Center (ICC)-based Web sites for ImageOne and Admor Memory (OTC Bulletin Board: ADMR). NetGateway's proprietary ICC provides an easy path to e-commerce for business-to-business applications, including a lower cost of entry and greater ease of use than other more fragmented multi-vendor models. Specifically, the ICC greatly reduces up-front costs by replacing high licensing and service fees with a simple per-transaction cost structure. "The launch of the Internet Commerce Center with Admor and ImageOne clearly illustrates the benefits of NetGateway's turnkey product and services solution for business-to-business e-commerce," said Donald M. Corliss, Jr., President of NetGateway. "The ICC solution is transparent to Admor and ImageOne's existing client bases and provides Admor, ImageOne and their clients with access to all of the benefits of online commerce." ImageOne -- a premier marketing and advertising source for individuals and small businesses in tax and accounting, financial planning, and real estate -- selected the ICC as an easy gateway to electronic commerce. For ImageOne, a new site built on the ICC foundation provides enhanced services for existing customers and helps attract new customers with one-stop shopping. "The Internet Commerce Center from NetGateway enables ImageOne's future growth by providing the e-commerce tools critical for a business-to-business environment," said Lee Reams II, ImageOne COO. "Through our partnership with NetGateway, ImageOne gains both technical resources and a new competitive edge." On July 28, NetGateway announced plans to acquire Admor Memory as part of NetGateway's previously announced strategy of acquiring select companies to enable it to fully test the ICC and control the ramp of business-to-business commerce to the ICC. Admor was selected as a company that NetGateway believes will benefit from an accelerated sales program initiated through the ICC. As a rapidly growing computer memory designer and manufacturer, Admor saw the need to enhance its clients' ability to streamline the fulfillment process and gain control over the purchasing process. "Through the ICC, Admor's channel partners and direct customers can now visit our Web site to configure their systems with Admor products and purchase what they need in an easy-to-use, intuitive environment," said Scott Stickle, Admor's Manager of Client Information Services. "This type of business-to- business e-commerce is the next wave." NetGateway is dedicated to the implementation and management of all phases of web-based, business-to-business commerce for the projected $300 billion Internet business-to-business commerce market. The ICC is one of the first vertically integrated infrastructures to provide all of the essential back-office functions needed to organize a company's sales and marketing efforts for increased business-to-business commerce via the Internet. ICC components include Internet connectivity, Web site design and development, commerce server solutions, database solutions, advanced business reporting, transaction clearing house functions, Internet marketing, customer training and industry information, and help desk services. For additional information, please visit NetGateway online at www.netgateway.net. For more information about ImageOne on its ICC-enabled site, see www.800imageone.com. For general information about Admor, visit its public Web site at www.admor.com. This release contains forward-looking statements which reflect the current view of the Company with respect to future events that will have an effect on its future financial performance. These statements include the words "expects," "believes," and similar expressions. These forward-looking statements are subject to various risks and uncertainties, including statements regarding the acquisition of Admor Memory and those referred to elsewhere herein (and those contained in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission). These factors, among other things, could cause actual results to differ materially from historical results or those currently anticipated. SOURCE NetGateway, Inc. CO: NetGateway, Inc.; ImageOne; Admor Memory ST: California IN: CPR SU: PDT 09/08/98 15:51 EDT prnewswire.com