To: Mr Metals who wrote (2889 ) 1/12/1999 6:21:00 AM From: hoffy Read Replies (1) | Respond to of 15987
VTCO will be the big winner today: It will rock on the following news from late yesterday. Get in early and ride it for the big gains: VTCO knows they need exposure so they will be releasing news on a frequent basis. ANd we know what happens when an internet company releases news frequently.It goes UP UP UP. VTC To Start Auction Site On-Line With Auction Universe MINNEAPOLIS--(BUSINESS WIRE)--Jan. 11, 1999--Virtual Technology Corporation (OTC BB:VTCO - news; virtual-world.com ), a premier technology reseller, announced an alliance with Auction Universe, a division of Classified Ventures, to auction VTC products via the Internet. Auction Universe whose media properties include more than 140 newspapers, as well as magazines, radio and television stations, collectively have a daily circulation of over 19.5 million. Entering the market with companies such as eBay (EBAY), Ubid (UBID) and On-Sale (ONSL), the Auctions will be marketed via VTC's E-Commerce Internet site vtcoauctions.com ) and the Auction Universe Network (http://www.aun.com). The VTC auction site will be promoted by Auction Universe and its affiliates. Auction Universe is owned by Classified Ventures a Times Mirror Company (NYSE:TMC - news), and provides online auction services through a network of more than 140 newspapers and media properties. Classified Ventures LLC is a company formed by eight leading media companies: Central Newspapers Inc. [NYSE:ECP - news], Gannet Co. (NYSE:GCI - news), Knight Ridder (NYSE:KRI - news), The McClatchy Company, The New York Times (NYSE:NYT - news), The Times Mirror (NYSE:TMC - news), Tribune Company [NYSE:TRB - news], The Washington Post Company (NYSE:WPO - news). ''We see this as excellent opportunity to broaden our reach to the consumer and to provide the Internet consumer with more diversity and brand name products at bargain prices. We see many product buys where there may not be enough depth or inventory for our on-line store but these will be great items to list in the Auction. Our planned merger with Graphics Technologies, Inc. (GTI) will also compliment the Auction segment of our business nicely,'' said Greg Appelhof, President/CEO of VTC.