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To: Josef Svejk who wrote (1518)	3/9/1999 2:09:00 AM
From: Scrapps	Respond to of 28311

D. G. Jewellery to be Exclusive Jewelry Source On Go2Net TORONTO--(BUSINESS WIRE)--March 8, 1999--D. G. Jewellery of Canada Ltd. (Nasdaq:DGJLF - news) one of North America's largest jewelry manufacturers, today announced an agreement with Go2Net, Inc. (Nasdaq:GNET - news), a network of branded, technology and community driven Web-sites, establishing the jewelry manufacturer as the exclusive source of jewelry sales on its network. Online sales will be conducted through D. G. Jewellery's exclusive online partner, Xitejewelry.com scheduled to launch in May. Under terms of the agreement, Xitejewelry.com, the online partner of Toronto based D. G. Jewellery (Nasdaq:DGJLF - news), will be prominently featured across the Go2Net Network (http://www.go2net.com/) and its most popular destinations, including Silicon Investor (http://www.techstocks.com/). The agreement will provide access to D. G. Jewellery's products to one of the Internet's most trafficked sites, representing many millions of targeted consumers. Go2Net currently receives over 23 million hits a month. Other major Internet retailers and partners include Barnes and Noble (NYSE:BCS - news) and uBid (Nasdaq:UBID - news). Product categories will include rings, earrings, bracelets and pendants. Metals featured will include platinum, 18K, 14K and 10K gold and sterling silver. The jewelry will contain diamonds and precious and semi-precious stones. Prices will range from U.S. $30 dollars to U.S. $30,000 dollars. Jack Berkovits, Chairman and CEO of D. G. Jewellery commented, ''This is another step in the right direction towards accomplishing our stated goal of becoming the dominant online jewelry player. The Go2Net Network has established itself as one of the most popular Internet destinations by offering the kind of products and services that foster trust and loyalty. We will continue to be selective in our partnership selections and we believe there are terrific synergies between what D. G. Jewellery and Xitejewelry.com offers and what users of the Go2Net Network have come to expect. I believe our bold E-commerce initiatives will continue to benefit our shareholders as we capitalize on the enormous popularity and growth of the Internet. Our previously announced agreement with Bid.com (TSE:BII - news), Shop at Home Networks (Nasdaq:SATH - news), and Lycos (Nasdaq:LCOS - news) coupled with our present agreement with Go2Net will guarantee the greatest possible distribution of our complete jewelry offering.'' biz.yahoo.com