To: NCC-1911 D who wrote (35653 ) 12/29/1998 2:48:00 PM From: Wayne Rumball Read Replies (1) | Respond to of 119973
Here's today OFLDF/OFLUF news, not on Yahoo yet; OFFICELAND SUBSIDIARY TO SHOWCASE HOME AND OFFICE BUSINESS EQUIPMENT in Xerox Brand Showcase on ONSALE's Supersite Strategic Web Alliance Promotes Name-Brand Business Goods on Leading Real-Time Internet Auction Site CHICAGO, Dec. 29 /PRNewswire/ -- Officeland Inc.'s (Nasdaq: OFLDF; OFLUF) wholly owned subsidiary, Telecom Corporation of Chicago, today announced a sponsorship agreement with ONSALE(R), Inc. (Nasdaq: ONSL) to feature Telecom's home and office business products in the Xerox(TM) Brand Showcase located on ONSALE's Home & Office supersite at www.onsale.com. Telecom is a leading distributor of refurbished small office/home Xerox copiers, printers, facsimile and multi-functional machines, mid-volume copiers and other business products for home and office use. "The introduction of the Xerox Brand Showcase is a convenient and easy way for customers to find exceptional deals on name-brand business goods," said Merle McIntosh, ONSALE's senior vice president of merchandise acquisition. "We are pleased that one of our key vendors has elected to showcase its products and services on our web site. This is good news for the 140,000 people who visit our site everyday." "The brand showcase concept developed by ONSALE gives our products maximum visibility to purchasing managers ready to invest in our name brand office equipment," said Brian Clifford, Telecom's vice president. "Moreover, it allows purchasing agents nationwide to 'point and click' their investment decision in minutes. When purchasing through the traditional dealer channel, many hours are spent on in-house appointments with representatives from several manufacturers. Our new brand showcase saves buyers valuable time that can otherwise be utilized for more productive work." Marvyn Budd, president of Officeland further stated, "Our recent acquisition of Telecom has enabled Officeland to diversify our product offerings and has opened new channels of distribution previously unavailable to us. We are very excited about the strategic relationship with ONSALE and the tremendous exposure their internet site gives our products." About OFFICELAND OFFICELAND INC. (Nasdaq: OFLDF; OFLUF) is a leading reseller of used and refurbished office equipment in North America, selling to original equipment manufacturer (OEM) dealer networks, commercial, professional and institutional users. TELECOM Corporation specializes in the refurbishing, marketing and distribution of small office/home copiers, printers and facsimile machines to both consumer and trade customers. About ONSALE ONSALE (Nasdaq: ONSL) is a leading Internet real-time retailer pioneering an efficient and entertaining new distribution channel -- the interactive online auction. The company specializes in selling value-oriented merchandise and services, including personal computers, consumer electronics, housewares, sports and fitness equipment, vacation and travel packages, and specialty foods over the Internet. ONSALE is located on the World Wide Web at www.onsale.com. ONSALE is a registered trademark of ONSALE, Inc. Forward-looking statements and comments in this press release are made pursuant to the safe-harbor provisions of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales and maintain profitability, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including risks related to the demand for used photocopiers, competition, availability of capital and continuation of sales levels. These risks are further discussed in the periodic reports and registration statements filed by the company from time to time with the Securities and Exchange Commission. SOURCE Officeland Inc.