AWLD awesome news: on-line shopping affiliations with AMZN, BYND, CDNW,
JCrew.com and many other ecommerce sites. News out on Bloomberg 09:49am, had
problems posting earlier from one of my PCs. I am sure there will be a delayed reaction to
this as people read about it and have a chance to digest it this afternoon and tomorrow.
Activeworlds.com, Inc. Announces Grand Opening of 3D E-Commerce Mall;
[.16416]
/FROM PR NEWSWIRE NEW YORK 800-776-8090/
TO BUSINESS AND TECHNOLOGY EDITORS:
Activeworlds.com, Inc. Announces Grand Opening of 3D E-Commerce
Mall;
Activeworlds.com adds new dimension to online shopping with over 100
merchants
NEWBURYPORT, Mass., Feb. 2 /PRNewswire/ -- Activeworlds.com, Inc.
(OTC Bulletin Board: AWLD), a leader in three-dimensional Internet
technology,
today announced the Grand Opening of @Mart, the first e-commerce Virtual
Mall
on the Internet. Built with the proprietary Active Worlds(TM) platform,
@Mart
boasts over 100 stores, adding a new dimension to their affiliate
relationships, which include Amazon.com (Nasdaq: AMZN), CDNow (Nasdaq:
CDNW),
Beyond.com (Nasdaq: BYND), and Jcrew.com. Users in different locations
can
shop simultaneously in a 3-D environment by simply clicking on the items
they
wish to purchase. Merchants can place customer-service representatives
in
virtual stores, and utilize programmable Artificial Intelligence
storekeepers
to both track usage and offer sales assistance. Using the Virtual Mall,
merchants can retain the look and feel of their real world stores on the
Internet with secure electronic commerce capabilities.
@Mart, designed to resemble a modern shopping mall, will generate
commission revenues for Activeworlds.com, and will offer a unique
opportunity
to a variety of vendors of both traditional and virtual products and
services.
Taking advantage of the features of the groundbreaking Active Worlds(TM)
technology, vendors can customize their storefront using drag and drop
real-time building. By simply linking storefronts to existing URLs,
signage
can be created in seconds for all to see. Consumers now have the
opportunity
to window shop and purchase products online, while chatting personally
with
the shopkeepers. Active Worlds (TM) allows for the integration of
current
web-based e-commerce solutions and web shopping sites in a 3D,
multi-user
shopping mall of the future.
"Active Worlds (TM) allows anyone with an e-commerce site to
localize it
in our 3D portal," said Rick Noll, CEO and President of
Activeworlds.com, Inc.
"By supplying these tools, Activeworlds.com enables everyone from
Amazon.com
to the home-based business to build their own Virtual Reality store and
utilize our payment and distribution services. Our technology is so
advanced
and user-friendly that even small sites can set up shop with us. We
currently
have over 100 stores, with the server capability to handle virtually
unlimited
requests. "
About Activeworlds.com, Inc. (http://www.activeworlds.com)
Active Worlds(TM) unique technology allows thousands of simultaneous
users
to build 3D content in the same shared environment, ideally suited for
such
applications as e-commerce, chat, and distance learning. Our market
research
indicates that presently there are no comparable products available on
the
market in terms of speed, reliability, animation, scalability,
functionality,
and ease of use.
Activeworlds.com, Inc. currently has a worldwide user base of over
300,000 on the Universe server (Uniserver) it operates, which receives
over
1 million impressions per day, and experiencing over 1,000 new downloads
per
day of its browser used to access this environment. Active Worlds(TM)
3D
Uniservers are currently being used by companies such as Boeing, NASA,
Carlsberg Beer, Philips Multimedia, the US Government, Centropolis
Studios,
and many more. Other clients include Scandinavia Online, Canadian
Ministry of
Education, National Computer Center, Singapore Online, The University of
Colorado, The University of London, and Swisscom.
Safe Harbor Statement
Investors should carefully consider the preceding information as
well as
other information contained in this press release before making an
investment
in the Common Stock. Information contained in this press release
contains
"forward-looking statements" which can be identified by the use of
forward-looking terminology such as "believes," "expects," "may,"
"should," or
"anticipates" or the negative thereof or given that the future results
covered
by the forward-looking statements will be achieved. The preceding
matters
constitute cautionary statements identifying important factors with
respect to
such forward-looking statements, including certain risks and
uncertainties
that could cause actual results to vary materially from the future
results
covered in such forward-looking statements. Other factors could also
cause
actual results to vary materially from the future results covered in
such
forward-looking statements.
SOURCE Activeworlds.com, Inc.
/CONTACT: JP McCormick, Chairman, or Richard F. Noll, CEO and
Presidentof
Activeworlds.com, Inc., 978-499-0222/
Feb-02-1999 07:02 GMT
Symbols:
US;AWLD
Source PRN PR NewsWire
Categories:
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