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To: Jenna who wrote (23566)1/29/1999 10:16:00 AM
From: sleuthmaven  Respond to of 120523
 
ISEE to Launch Revolutionary E-Commerce Website

10:06 Sterling Vision, Inc. to Launch Revolutionary E-Commerce Website

(Copyright (c) 1999, Business Wire)

EAST MEADOW, N.Y.--(BUSINESS WIRE)--Jan. 29, 1999--Sterling Vision, Inc.
(Nasdaq: ISEE), a leading retail optical chain with over 300 stores in North
America, today announced the finalization of its plans to launch, in the near
future, a major E-commerce initiative that the Company believes will not only
revolutionize the way customers choose and purchase optical products, but will
additionally revolutionize the methods by which franchise companies support
their franchisees, all in the Company's efforts to increase sales and provide
interactive support to its more than 300 retail optical stores.
Sterling Vision, Inc. has retained the services of Mercury Seven (Nasdaq:
XCED), to plan, develop and launch what is anticipated to be the first-ever,
interactive, online optical website, enabling visitors to "try on" frames and
lenses using their own picture. The Company and its participating franchisees
will equip their stores with state-of-the-art digital equipment, allowing each
store to download its clients' photofiles into a centralized database. Once
downloaded, each customer will be able to access his/her own photo (using a
secured password) and digitally "try on" frames and different types of lenses
from their own personal computer. Optical products can then be ordered,
through the site, with delivery and adjustments to be made at the local

Sterling Store.
"Our franchisees and our customers are our business, and this initiative is
being designed to service them both", stated Dr. Robert Cohen, Chairman of
Sterling Vision. According to Cohen, revenues from online sales will go
directly to the local store selected by the individual customer. He
additionally stated that "We will use Sterling's 85 years of professionalism,
retail experience, and product and technical knowledge to enter the 21st
Century as the country's first, true optical E-tailer."
"This is one of the most exciting E-commerce related initiatives we have
ever been involved in. We predict the Sterling Vision sites will become one of
the dominant sales channels for optical goods within six months of launch,"
stated Kevin Labick, President of Mercury Seven.
The site is currently under construction and is anticipated to be launched
in the course of the first quarter of 1999.
All statements contained herein (other than historical facts) are based upon
current expectations. These statements are forward looking statements in
nature and involve a number of risks and uncertainties. Actual results may
differ materially from the anticipated results or other expectations expressed
in the Company's forward looking statements. Generally, the words
"anticipate", "believe", "estimate", "expects", and similar expressions as
they relate to the Company and/or its management, are intended to identify
forward looking statements.
CONTACT: Joseph Silver, Esq.
Executive Vice President & General Counsel
516/390-2144
JANUARY 29, 1999




To: Jenna who wrote (23566)1/29/1999 10:23:00 AM
From: Susan G  Read Replies (1) | Respond to of 120523
 
Jenna the very last pick (2 letter ticker) on the newsletter is finally moving after sleeping for a while...



To: Jenna who wrote (23566)1/29/1999 10:27:00 AM
From: Swami  Respond to of 120523
 
Short candidates? Looking... Thanks. <eom>



To: Jenna who wrote (23566)1/29/1999 10:37:00 AM
From: Northern Cougar  Read Replies (4) | Respond to of 120523
 
ASDV hung in there but eventually capitulated like many others at 28. It looks like no amount of good news will move this stock.. too bad! they can't all be winners..N.C.

Paul you did good on this one buddy, we missed you here today to push this steamroller up the hill!! :)