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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: Ginco who wrote (7347)	1/26/1999 3:50:00 PM
From: topstock	Read Replies (1) \| Respond to of 37507

NEws OUT Tuesday January 26, 3:23 pm Eastern Time Company Press Release Bid.Com Forms Strategic Alliance With 24/7 Media, Inc. TORONTO, ONTARIO--Bid.Com International Inc., one of North America's leading online auctions, today announced that it has reached an agreement with 24/7 Media, Inc. (NASDAQ: TFSM - news), a global online advertising and direct marketing company, under which 24 /7 will sell advertising on Bid.Com's website. ''Bid.Com successfully tested advertising on its site in 1998,'' stated Jeff Lymburner, President of Bid.Com. ''Consistent with our strategy of creating diverse revenue streams, we are now implementing, in partnership with 24/7 Media, Inc., a full-scale ad vertising program. We believe that 24/7, a leading player in the growing e-commerce industry, is an excellent partner for this venture.'' ''We believe Bid.Com's large and growing audience is attractive to advertisers and agencies across the online world,'' said Mark Burchill, Senior Vice President, Business Development, 24/7 Media, Inc. ''We look forward to sharing both advertising and spons orship opportunities in the coming months.'' Reaching half of all online users in the U.S., 24/7 Media, Inc. provides Internet advertising sales and representation as well as online direct marketing solutions to advertisers and Web publishers. The company operates globally several online advertisi ng networks: The 24/7 Network, comprising more than 125 name-brand Web sites organized into high-demand content channels; The ContentZone, a network of more than 2,500 small to medium sites; the 24/7 Media Europe Network; and, through a joint venture w ith China.com Corporation, the 24/7 Media Asia Network. In addition, the company owns and operates 24/7 Profilz, an online co-op database of Web user profiles, employed with 24/7's Adfinity adserving system, which is designed to deliver targeted ads bas ed on demographic profiles. 24/7 Media, Inc. is a is publicly traded on NASDAQ under the symbol TFSM. Bid.Com, founded in 1995, has offices in Toronto and Tampa, Florida, and is one of the Internet's leading online sales organizations. The company offers a compelling, entertaining, and cost-effective method of selling a wide array of goods and services over electronic distribution channels. The company has established a number of strategic alliances which include America Online Inc. and Rogers Media Inc. Bid.Com is strategically positioned to leverage its technological leadership by offering the pre- eminent online auction platform for license to business-to-business markets and for distribution through broadband/cable media. The company's shares have traded on The Toronto Stock Exchange since February 1998. Contact: Bid.Com International Inc. Paul Godin Chairman and CEO (905) 672-7467, ext. 226 pgodin@bid.com or Bid.Com International Inc. Jeff Lymburner President (888)750-7467 jlymburner@bid.com www.bid.com or 24/7 Media, Inc. Leslie Howard Corporate Communications (212) 231-7104 Regards, TOPSTOCK