To: MoneyMade who wrote (9085 ) 3/12/1999 1:49:00 PM From: Currency Read Replies (1) | Respond to of 15987
IBUI - Announced beta for it's internet auction web site. Reminds me of AMIG when it made a similar announcement and promptly went to $3 Internet Business's International Inc. Announces Beta Test of Auction Web Site Business Editors & High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--March 12, 1999--Internet Business's International Inc. (OTC BB:IBUI) (www.inbusin.com) Friday announced that it has opened its auction Web site, www.auctionwinner.com, for beta testing. The site, now in its final phase of testing, has been designed to provide online, real-time auctions in a variety of formats to the Internet community. The Web site's primary design considerations include ease of use, ease of administration and low Internet bandwidth requirements. The Web site marks the company's first entry into Internet commerce, an integral element of its new growth strategy. Formerly known as International Food And Beverage Inc. (Delaware), the stock traded under the symbol IFDB. During the so-called "beta test" period, Web site visitors will be allowed and encouraged to post items for mock-auction. Neither the buyer nor seller are committed to consummating any transaction. Instead, Web visitors are encouraged to post fanciful and witty items, limited only by their imaginations and creativity, in order to make the test period interesting and enjoyable for all participants. During this beta test period, the company will make a donation to the American Cancer Society at the close of each auction. The purpose of the beta test is to make final adjustments to the Web site and stress test the data handling capabilities of the systems. Statements in this news release may contain forward-looking information within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and are subject to the safe harbor created by those sections. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of Internet Business's International Inc. are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Internet Business's International Inc. assumes no obligation to update information contained in this release. --30--JP/np* KM/np CONTACT: Internet Business's International Inc. Albert Reda, 714/404-6096