Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Roaring Internet Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Trooper who wrote (882)	1/20/1999 11:42:00 AM
From: GARY P GROBBEL	Respond to of 1530

Trading at 1.06/1.34 up .34 on 110k at 11.40p QuikBIZ Internet Group to Launch New On-Line Business-To-Business Mall QuikBIZ Mall Will Provide "One-Stop" First of its Kind Solution For Communications Needs FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan. 20, 1999-- QuikBIZ Internet Group, Inc. (OTC BB: QBIZ - news) announced that it will launch the first of its kind, fully interactive virtual on-line mall, the QuikBIZ Mall, specifically to provide e-commerce business-to-business solutions for a company's communications needs. The new site will offer businesses a ''one-stop'' on-line mall for business communication products and services, the first such mall of its kind. The QuikBIZ Mall will host unique specialty shops as tenants, who will provide functions such as Internet Television and Radio services, Internet consulting, duplication services for Audio/Video/CD/DVD and presentation equipment, to name a few. The site is expected to be operational sometime in the first quarter of 1999. Commenting on the announcement, David Bawarsky, Chief Executive Officer of QuikBIZ, said, ''With our focus on Internet related initiatives such as our Internet Television Studios, designed for creating video programming to be streamed over a company's Intranet or web site, and the success of our Quoteit.com web site, the QuikBIZ Mall is a natural response to consumer demand and the ever increasing popularity of e-commerce in our society. QuikBIZ Mall will allow businesses to shop for all of their communications needs, everything from advertising services to animation services. Eventually, the Mall will also include such tenants as commercial banking and travel services.'' According to Forrester Research, an Internet research firm, businesses have sold $43 billion worth of goods to each other over the Web in 1998, over five times the retail total. Forrester projects that business-to-business sales will reach $1.3 trillion, or 9.4 percent of all business-to-business sales. The Aberdeen Group, a Boston-based research firm, projects business-to-business at 10 to 20 times the business-to-consumer market.'' Mr. Bawarsky added, ''The growth of business-to-business sales over the Internet is an important factor in our launching the QuikBIZ Mall. As experts in the business communications market we believe that our Mall will play a major roll in the growth of our company.'' The Company said the site will include all QuikBIZ-owned services and strategic partners as tenants, and will feature only one of each type of business or service. QuikBIZ's wholly-owned subsidiary, The Smith Agency, will handle all advertising and marketing store concept designs. The Company will actively promote the virtual mall, seeking both new members and vendors. There is no membership fee and new members who sign up for the QuikBIZ Mall will be entered into a contest to win a $1,000 shopping spree. Interested merchants and vendors can contact QuikBIZ for more information and enrollment forms at quikbiz.com. QuikBIZ Internet Group is an Internet-related holding company, which wholly owns several subsidiaries including The Smith Agency, QBIZ Business Centers, QuikLAB Multimedia Centers and Quoteit.com. Further information about the QuikBIZ mall is available at quikbiz.com. For more information on QuikBIZ Internet Group, please visit the company's web site quikbiz.com. The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties pertaining to customer orders, demand for products and services and other risks identified in the Company's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. This release is available on the KCSA Worldwide website at www.kcsa.com. Contact: Quikbiz Internet Group, Inc. David Bawarsky Chief Executive Officer 954/735-2300 or KCSA Worldwide Joseph A. Mansi / Scott Eckstein 212/682-6300, ext. 205/288 Fax: 212/697-0910 e-mail: jmansi@kcsa.com / seckstein@kcsa.com