To: Sandra who wrote (40082 ) 1/7/1999 12:12:00 PM From: Captain Ed Read Replies (3) | Respond to of 119973
CYSP good news out today. This stock will rise, maybe like it did in December, once the news spreads. It is, again, to be keystone e-tailer on AOL, and has existing presence and relationships with MSFT, XCIT, AMZN, EGRP, TOPS. Also, like with many e-tailers, I expect outstanding earnings to be announced. Here is the story: Cybershop-r- Renews AOL Shopping Channel Anchor Tenancy for 3rd Year Business Wire - January 07, 1999 08:23 JERSEY CITY, NJ--(BUSINESS WIRE)--Jan. 7, 1998-- Deal also includes presence on AOL.COM and CompuServe CyberShop International, Inc. (NASDAQ:CYSP), a leading online retailer, today announced the renewal of its agreement with America Online, the world's leading interactive service. Under the terms of the agreement, CyberShop will continue to be an anchor tenant in the Department Stores area of AOL's Shopping Channel, and will also have a presence on AOL.COM and CompuServe. The agreement gives AOL's more than 15 million members, CompuServe members and visitors to AOL.COM direct access to CyberShop and its affiliated web sites. Additionally, CyberShop will feature products on each of the department's front screens to promote store offerings or specials. "AOL's 15 million members are a target audience for our marketing and traffic generation strategies," said Jeff Tauber, CyberShop Chairman and CEO. "AOL's Shopping Channel has been a factor in the success of CyberShop and we look forward to continued growth with exposure on AOL.COM and CompuServe as well." CyberShop provides a shopping experience that incorporates traditional department store and mail order features into an easy-to-use online shopping environment. This fall the Company added two sites: egift, www.egift.com, the ultimate Internet destination for both consumer and corporate gift needs, which offers an extensive range of gift items and services combined with unique value-added and interactive features and electronics.net, www.electronics.net, a joint venture between the Company and Tops Appliance City (NASDAQ: TOPS), a leading consumer electronics, appliance and computer retailer, which offers the largest selection of consumer electronics and appliances on the Internet. "Providing our members with the best products and services is our number one priority and we look forward to continued success with CyberShop," said Kara Keenan, AOL's Vice President of Commerce and Shopping Partnerships. CyberShop also has existing strategic marketing agreements with key portals such as Excite (NASDAQ: XCIT), Microsoft's (NASDAQ: MSFT) MSN Shopping, Amazon's (NASDAQ: AMZN) new service "Shop The Web", and E rade's (NASDAQ: EGRP) new online Shopping Center. About CyberShop CyberShop, a leading online retailer, can be found on the World Wide Web at cybershop.com and on America Online's Shopping Channel, and is also accessible through Keyword "cybershop". egift can be found on the World Wide Web ategift.com . electronics.net can be found on the World Wide Web at electronics.net . CONTACT: CyberShop International, Inc. (201)-234-5023 Jill Markus jillm@cybershop.com The MWW Group (201) 507-9500 Matt Messinger mmessing@mww.com Ed